Palashbari branch of Sonali Bank Limited has achieved the top position in realizing classified
loan among its branches in the district during the last fiscal year. Official sources said the bank realized a total of Taka 1.11 crore as classified loan out of targeted one crore from the defaulters in last month through conducting two loan recovery camps in the upazila.
Of the total, Taka 70 lakh was realized in the last camp held on June 29 and TK 41 lakh in the first camp on June 09.
The bank took a decision to conduct campaign in the district to recover classified loan from the defaulters of 16 branches here last month to increase its capital.
As per the decision and the directions of the bank, M. Saidur Rahman, manager of the branch conducted the campaign and realized a good amount of classified loan from the defaulters during the month.
It had been possible to collect a huge amount of classified loan from the defaulters in active cooperation of the staff of the bank and Bangladesh Rural Development Board here, said Manager M. Saidur Rahman.

News: The Independent/ Bangladesh/ July-03-2011