HDFC Bank holds Mega Loan Mahotsava at Patas

Tuesday, June 21st, 2011

HDFC Bank, the second largest private sector bank in the country, held a Mega Loan Mahotsava at Patas near Pune in Maharashtra. Patas, located about 60 kms from Pune is one of the major producers of sugarcane and onion.

HDFC Bank organized a first-of-its-kind one-day Mega Loan Mahotsava in Patas with a focus on loans for construction, earth-moving equipment and agriculture. The Bank has partnered with blue-chip equipment makers such as JCB, L&T Komatsu, Terex, Telcon, Hyundai Construction, Schwing Stetter, Dowin, Fine Breakers, Volvo, ACE, Doosan, Action Construction Equipment, Wirtgen, Escorts, Case, Sany, Mahindra & Mahindra and Trimurti Breaking Solutions. On display at the Mahotsava were different models of Excavators, Backhoe loaders, Compactors, Rock breakers, Tippers, Transit Mixers, compressors.
Anil Bhavnani, Head, Infrastructure Finance Group from HDFC Bank handed over keys to customers at the Loan Mahotsava. Amongst dignitaries present on the dais were Prashant Shitole, Member, Pune District Jila Parishad & Head, Daund Taluka, Asha Pansare, Sarpanch, Daund Taluka, Yogendra Shitole, (ex-Sarpanch of Patas) and Appa Sahib Pawar, ex-Sabhapati, Daund Dist.

Nirav Shah, Country Head, Emerging Corporates Group & Infrastructure Finance Group, HDFC Bank from Mumbai said, “These Loan Mahotsavas have enabled us to directly reach out to farmers to offer them banking solutions as per their needs. Our efforts over the years have seen tremendous success and has also helped break traditional demographic and financial barriers in towns and villages.”

Anil Bhavnani said, “Rural India has changed tremendously. By conducting these loan melas, we are reaching out to our rural customers and making a difference in their lives.”

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