BoI conducts ‘Star Mahotsav’

Bank of India conducted a mass-contact programme, ‘Star Mahotsav’, across its branch network on Wednesday. The thrust was in contacting every customer at their doorstep for recovery of bad loans, disbursement of retail loan, including housing and vehicle loan, disbursement under MSME and agriculture, and promotion of its products including debit/credit cards, PoS machines, internet banking, etc. “The response was good in this zone (Coimbatore). We disbursed about ₹46 crore under retail, MSME and agriculture advances, and could recover close to ₹3 crore from borrowers,” the bank said. Our Bureau