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The Hindu·2 min read·easy

Bank of India marks ‘Kisan Diwas’ with ₹117 cr. loan rollout

K
Kamalakara Rao V _11831
Bank of India marks ‘Kisan Diwas’ with ₹117 cr. loan rollout
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Bank of India's Visakhapatnam zone celebrated 'Kisan Diwas' by disbursing over ₹117 crore in loans to farmers. The event aimed to promote modern agricultural practices and financial inclusion among the region's farming community.

Why it matters

This initiative supports the financial stability of the agricultural sector in Andhra Pradesh by providing essential credit and promoting modern farming technology.

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Bank of India, Visakhapatnam Zone, celebrated ‘Kisan Diwas 2026’ initiative. The annual event, which commemorates the bank’s nationalisation day on July 19, was organised across Visakhapatnam, Rajahmundry, and Tadepalligudem, S. Suresh, zonal in-charge (marketing) of the bank, said on Wednesday.

“The response was good, and our overall business was higher than the previous year,” Mr. Suresh told The Hindu . Established in 1906, the 120-year-old financial institution continues to hold a prominent position among the nation’s major commercial banks, he added.

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