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Loan camps by public sector banks, NBFCs in 200 districts from October 3

The loan camps are being held later than the scheduled date of September 24-29 as lenders will be involved in finalising their balance sheets during this period

Finance Minister Nirmala Sitharaman with Finance Secretary Rajiv Kumar  at a review meeting with heads of public sector banks in New Delhi 	photo:pti
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Finance Minister Nirmala Sitharaman with Finance Secretary Rajiv Kumar at a review meeting with heads of public sector banks in New Delhi | Photo: PTI

Somesh JhaNamrata Acharya Abhijit Lele New Delhi/Kolkata/Mumbai
From October 3, loan camps are going to be held in 200 districts across the country for consumers who may want a loan. Public sector banks, non-banking financial companies (NBFCs) and micro-finance institutions are gearing up to act on Finance Minister Nirmala Sitharaman’s promise to distribute loans.
 
The loan camps are being held later than the scheduled date of September 24-29 as lenders will be involved in finalising their balance sheets during this period for the second quarter of this financial year — a period when public sector bank unions will also be on a two day protest.