Collector releases Rs 13,336 crore ACP

Collector C Kathiravan released Rs 13336.89 crore annual credit plan (ACP) of bankers for the upcoming financial year 2021-22 at a function held at the collectorate on Friday.

He said that the ACP, created by the district lead bank-Canara Bank-aimed to disburse Rs 6677.99 crore loan for agriculture, Rs 3802.09 crore for MSME, Rs 2859.81 crore for other priority sector in the district.

The plan was prepared on the basis of the potential linked credit plan prepared by the Nabard for the district, he added. Lead bank manager S Aravindan, Project Director (Mahalir Thittam) Srinivasan, PA (Agri) to Collector Murugesan, District Manager (Tahdco) Jayanthi, Joint Director for Animal Husbandry Pirisilla Malini Nikkalson and all bank co-ordinators attended the function.

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