Reference No: CMA0235Pages: 10Published on: 19, October, 1972
Abstract: An automobile firm requested for a loan for Rs. 2.75 lakhs from the Agricultural Finance Corporation for the purchase of 12 tractors with a view to exploit the good scope of custom service of tractors in the area. Having received the application the Managing Director of AFC was considering whether the loan ... More
Reference No: CMA0234Pages: 11Published on: 19, October, 1972
Abstract: A commercial bank formulated a scheme for financing the development of irrigation. The same was advertised in the region. After hearing about the scheme few farmers in the district got together and formed companies to develop irrigation. Three companies applied for a loan varying from Rs.1 lakh to Rs.4 lakhs. ... More