The State Bank of India (SBI) has disbursed about Rs 98 crore providing more than 11,000 loans to customers for rehabilitation and resuming their livelihood activities in the Cyclone Fani-affected districts till now, informed SBI Managing Director PK Gupta at a Press meet here on Thursday.
After visiting the most-affected Puri district on Wednesday, Gupta said all SBI branches and ATMs where electricity is available in the affected areas are functioning normally and assured that more loans would be given in coming days for development of the areas.
He also informed that the SBI has provided more than 1,300 loans to Self Help Groups (SHGs), over 8,000 agri loans plus PMEGP and MUDRA loans.
Moreover, the SBI has restructured 200 loans to small and medium enterprises and house building loans.
He also said that the SBI with its total 872 branches in Odisha has 506 branches in rural and semi-urban areas. It has 2,840 ATMs and 4,227 CSPs and more are being envisaged in the coming years.
Among others, SBI Bhubaneswar Circle CGM Praveena Kala was present.