# Telangana Grameena Bank sanctions farm machinery loans at Siddipet mela

2026-08-11T00:03:03+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Telangana Grameena Bank sanctioned and handed over loans for around 20 tractors, four harvesters, two JCB machines, nearly 50 livestock units and women’s self-help groups at a loan mela in Siddipet on Thursday. The assistance covered beneficiaries from Siddipet and Medak districts. Bank chairman K Pratap Reddy said the tractors and harvesters were financed under the Agriculture Infrastructure Fund, while the bank also promotes schemes such as PM-KUSUM Solar. Reddy said the bank’s total business stood at Rs 84,849 crore, including Rs 38,061 crore in deposits and Rs 46,788 crore in advances. It aims to reach Rs 1 lakh crore by March 2028. He said eligible rural and urban enterprises can access collateral-free MSME loans of up to Rs 2 crore. The bank also urged borrowers to repay on time and enrol in government insurance and pension schemes.

## Coverage

- thehansindia.com <https://www.thehansindia.com/telangana/telangana-grameena-bank-organisesmega-loan-mela-1103331>

Tags: Agriculture Infrastructure Fund, farm loans, rural credit, Siddipet, Telangana Grameena Bank
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