Archive · 3 Aug 2025
IOB Provides Loans to SHGs and Farmers at TN Outreach
Indian Overseas Bank (IOB) gave out a lot of money, over 200 crore rupees, in loans to help people in Tamil Nadu.
They gave the money to groups of people who help each other, called Self-Help Groups, and to farmers.
The bank also invited people from different areas to the event.
The bank's boss said they want to help everyone grow, especially women and farmers.
They will also help teach people about money and how to use it.
IOB disbursed Rs 202.65 crore in loans to 2,634 beneficiaries.
The outreach program focused on Self-Help Groups (SHGs) and agriculture.
Beneficiaries included SHG members, farmers, and NGO representatives.
The event took place in Thanjavur, Tamil Nadu on Saturday.
IOB aims to support inclusive growth and empower women and farmers.
- Who
- Indian Overseas Bank (IOB), SHGs, farmers, and NGO representatives.
- What
- IOB disbursed loans to SHGs and farmers.
- When
- The event was held on Saturday.
- Where
- Thanjavur, Tamil Nadu.
- Why
- To support inclusive growth, women's empowerment, and agricultural transformation.
- Bank
- Indian Overseas Bank (IOB)
- Total Loan Amount
- Rs 202.65 crore
- Number of Beneficiaries
- 2,634
- Event Type
- Outreach Program
- Primary Focus
- Self-Help Groups (SHGs) and Agriculture
- Location
- Thanjavur, Tamil Nadu