Saturday, June 13, 2026
spot_img

Department of Financial Services Organises Credit Outreach Programme at Udaipur, Tripura

Ministry of Finance

azadi ka amrit mahotsav

Department of Financial Services Organises Credit Outreach Programme at Udaipur, Tripura


Loans worth ₹105.40 crore sanctioned to 4,577 beneficiaries to promote financial inclusion

Secretary, DFS highlights importance of productive credit utilization and entrepreneurship-led employment generation

Posted On: 27 MAY 2026 4:03PM by PIB Delhi

A Credit outreach program was organized at Udaipur, District Gomati, Tripura on 26.05.2026, which was chaired by Sh. M Nagaraju, Secretary, Department of Financial Services, Ministry of Finance.

During the program at Udaipur, District Gomati, loans for ₹ 105.40 crore were given to 4,577 beneficiaries by various Banks. NABARD and SIDBI announced sanction of more than ₹ 2 crore for various projects. Banks also sanctioned assistance under CSR activities for betterment of infrastructure in schools and anganwadis. A cluster development branch of SIDBI was inaugurated at Udaipur to boost the MSME sector and support borrowers in the region, while the Department of Financial Services unveiled the Financial Inclusion 2.0 Vision Document.

While praising the efforts of banks in furthering financial inclusion in the state of Tripura, Secretary (DFS) stressed that, financial inclusion is not just about opening accounts but it is about changing lives. He also highlighted the importance of productive credit utilization and entrepreneurship-led employment generation, and urged loan beneficiaries across Tripura to utilize sanctioned funds appropriately and ensure that loan accounts do not turn into Non-Performing Assets (NPAs). He further stated that beneficiaries receiving financial assistance under different government and banking schemes should establish viable economic activities and maintain financial discipline.

During the event at Udaipur Sh. Parshant Goyal, Secretary finance, Tripura, Shri Ashwini Kumar Tewari, MD, SBI, Sh. M Paramasivam, ED PNB, G Rawat, DMD NABARD were present along with senior officials of DFS, State Government, District administration and Banks participated in the event.

*****

NB/AD

(Release ID: 2265851) Visitor Counter : 95

Source Link

The NewsHourhttps://www.thenewshour.org
The News Hour – Online News Media, providing the Latest and Credible news for Lakhs of people in India as well as abroad. The Online News Media provides the Latest & Real-time news on Business, Automobiles, Latest Useful Top News, Food & Travel, Health, Education, Entertainment, Agriculture & Environment, Fashion & Lifestyle, Sports, Events…etc. The News Hour – Online News Media, has always brought useful news and analysis to the doorstep of the Industry through its exclusive content, updates, and expertise from industry leaders through its Online News Website. The News Hour – Online News Media coverage will help in reaching you to the target customers/buyers. This is the right time for Companies to Turn Disruptions into Opportunities by being part of this online coverage. The News Hour Provides Advertisers with a strong Digital Platform to reach lakhs of people in India as well as abroad.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Top News

LATEST ARTICLES

BIZ NEWS