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Andhra Bank MD Rajendran: TS ahead of AP in loan repayment

27th April, 2015 7:00pm     Andhra Pradesh      Comments  

Andhra Bank MD Rajendran,TS ahead of AP in loan repayment

Hyderabad: Andhra Bank Chairman and Managing Director Rajendran said here today that Telangana Government is a step ahead of AP in repayment of loans.

Addressing a press meet, Rajendran said that AP Government has not implemented the loan waiver to horticultural and self help groups.

"The loan waiver has not taken place fully in AP," he said, adding that Andhra Bank would be able to lend only Rs. 18,000 Cr this year to these groups as against a usual Rs.35,000 Cr.

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