Jalgaon district central co-operative bank has announced its historic high of 774 Crores crop loans distribution target for the financial year 2011-12. It has also extended Chopda sugar factory loans repayment term till March end.
Bank set 540 Crores loan target in current year and has availed 624 Crores and next year plan is 150 Crores additional to current. New policy would also encourage loans for turmeric, potato and likely demanding crops. Body also approved Vasant Sugar factory upset price decision for sell out and also approved Yaval based Mahajan cotton ginning mill sell.
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