Latest Flood Loan News & Updates

Surat, July 11 (IANS) Surat’s flood-affected traders, small businesses and industries will be able to access loans of up to Rs five lakh at a concessional interest rate of 9 per cent, while the Gujarat government is expected to announce a relief package after completing a rapid assessment of losses caused by the recent flooding, Deputy Chief Minister Harsh Sanghavi said on Saturday. The announcement came as The Varachha Co-operative Bank Ltd. launched its “Flood Loan” scheme and a new insurance …