Khattar: Harco bank disburses Rs 13K crore loan

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Haryana Chief Minister Manohar lal on Monday said the Haryana State Co-operative Apex Bank ltd (Harco Bank) has launched a number of ambitious schemes for the welfare of the small and marginal farmers, petty shopkeepers and rural artisans.

Under one such scheme, a loan amounting to Rs 12,709.36 crore had been disbursed through District Central Co-operative Banks amongst the beneficiaries during the financial year 2016-17 as against Rs 12,345.03 crore during the year 2015-16, said he.

The Chief Minister was interacting with a delegation led by chairman of Harco Bank, Gulshan Bhatia to present a cheque amounting to Rs 25 lakh towards the Chief Minister’s Relief Fund, here.

Referring to the achievements of the bank in earning profit, it was informed that the bank had earned a net profit of Rs 31.96 crore during the year 2016-17 as against the Rs 23.80 crore during the year 2015-16. As many as 5.25 lakh kisan cards had already been issued by the District Central Co-operative Banks out of 5.97 lakh active accounts of the KCC members along with PIN Mailers. The remaining Kisan Cards would be issued to the beneficiaries by the end of September.

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