The district central cooperative banks (DCCBs) in six flood-hit districts of Maharashtra have decided to disburse loans to the affected traders and small businessmen at subsidised rates of five to six per cent.

The decision was taken during a meeting chaired by state Finance Minister Ajit Pawar where principal secretary (finance) OP Gupta and representatives of the DCCBs were present, an official statement said. The decision is expected to benefit traders, small businessmen and shop owners who need capital to start afresh.