Senate Functional Committee on Problems of Less Developed Areas on 28th March recommended the Zarai Taraqiati Bank Limited (ZTBL) to minimise the markup on loans being charged from farmers.
The committee, which met at the Parliament House with Senator Muhammad Usman Khan Kakar in the chair, also expressed dissatisfaction over the bank’s present policy according to which farmers of both arid and rain-fed areas were being charged equal rates of markup.
The panel directed the ZTBL to follow merit in the loan-giving procedure by establishing more branches in less-developed areas of the country to provide equal opportunities to the people of those areas.

Source: The Express Tribune

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