Board of Directors meeting of Hanumangarh Bhoomi Vikas Bank: Loans worth Rs 114.68 lakh distributed, significant increase in recovery recorded

Rajesh Choudhary Hanumangarh news vani news

Hanumangarh Cooperative Land Development Bank Limited Board of Directors meeting on Tuesday, Bank Chairman Rajendra Singhag Held under the chairmanship of. In the meeting, the upcoming action plan was discussed in detail by reviewing the financial progress of the bank, loan distribution, loan recovery and One Time Settlement Scheme (OTS) implemented by the state government.

Bank Vice President in the meeting Jagdeep Singhmember of the board of directors Ramesh Kumar, Surendra Kumar, Madan Lal, Vijendra Beniwal, Sandeep Kumarbank secretary Abhishek Mahiya And Deputy Registrar Cooperative Societies Hanumangarh Amilal Saharan Be present.

Loan distribution of Rs 114.68 lakh against the target of Rs 400 lakh

It was told in the meeting that the financial year 2026-27 to the bank for 400 lakh rupees The target of loan distribution has been given. By July 2026 by the bank Rs 114.68 lakh Loans worth Rs. 100,000 have been disbursed, which is more than the total target. 28.67 percent Is.

The bank management expressed hope that the pace of loan distribution will be further accelerated in the coming months, so that more farmers and eligible beneficiaries can get the benefits of the schemes.

Better performance in loan recovery than last year

While reviewing the loan recovery in the meeting, it was told that 15 June 2026 Bank’s overdue loan recovery till 29.89 percentongoing debt recovery 78.57 percent and total recovery 49.17 percent doing.

This performance was much better than last year. In recovery of overdue debt 18.35 percent and in total recovery 14.32 percent An increase of ₹ has been recorded.

Chairman Rajendra Sinhag praised the bank officers and employees for this achievement and stressed on making the recovery campaign more effective.

One-time settlement scheme will provide the benefit of interest waiver

Special implemented by the state government in the meeting One Time Settlement Scheme (OTS) The progress was also reviewed.

bank secretary Abhishek Mahiya informed that the eligible borrowers under the scheme 100% interest, penal interest and other charges complete relief is being provided.

He appealed to all the members of the Board of Directors to provide information about this scheme to as many eligible borrowers in their respective areas as possible, so that the recovery of the bank can also be improved and the farmers can get financial relief.

Honored Deputy Registrar Amilal Saharan

During the meeting, Chairman Rajendra Sinhag told that Deputy Registrar Cooperative Societies Hanumangarh. Amilal Saharan upcoming 30 June 2026 He is going to retire from state service after completing the age of superannuation.

On this occasion, he was felicitated by the bank board of directors and the bank family by wearing a turban, garlanding him and giving best wishes as a mark of respect. All the members present appreciated his long administrative experience and contribution to the cooperative sector.

Concluding the meeting with gratitude

Bank Chairman at the end of the meeting Rajendra Singhag and bank secretary Abhishek Mahiya Expressed gratitude to all the Board of Directors members, officers and employees.

He expressed confidence that with the collective efforts of everyone, the bank will achieve the set targets on time in both the areas of loan distribution and recovery and will continue to play an important role in strengthening the cooperative sector.