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SHORT-TERM WEAVERS FINANCE
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Normal Limits (on production basis and for Special Programmes) Sanctioned to DCCBs on behalf of
PWCS
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The Bank sanctioned Normal Credit limits aggregating Rs.259.88 crores and
Rs.13.63 crores for financing Primary Weavers' Coop. Societies and Powerloom Weavers' Coop.
Societies respectively for the financial year 2003-2004 for production and marketing of
Handloom and Powerloom cloth and TNSC Bank was provided with equal refinance limits by the NABARD.
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Operations in the Credit Limit by DCCBs
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The details of utilization of the weavers credit limits by the DCCBs are furnished below:
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(Rs. in Crores)
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| Sl.No. |
Particulars
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Normal |
| H.L. |
P.L. |
| 1. |
Limits sanctioned for 2002-2003 |
259.88 |
13.63 |
| 2. |
Outstanding against DCCBs as on 31.3.2002 |
116.98 |
3.96 |
| 3. |
Drawals allowed during 2002-2003 |
300.99 |
5.44 |
| 4. |
Repayments received during 2002-2003 |
285.43 |
4.12 |
| 5. |
Outstanding against DCCBs as on 31.3.2003 |
132.54 |
5.28 |
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TNSC Bank sanctioned a short-term credit limit of Rs.100.00 lakhs for the financial year
2003-2004, for financing the Tamil Nadu Co-op. Silk Producers' Federation (TANSILK) for
procuring, twisting and reeling of silk and sale of silk yarn
through Kancheepuram CCB and TNSC Bank was provided with an equal refinance limit by the
NABARD.
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