Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka has urged banks to move beyond conventional lending and proactively reach farmers to ensure timely credit and boost rural incomes. Addressing the SLBC meeting, he stressed that banking success should be measured by outcomes such as higher farm productivity, new industries and jobs.
The State Level Bankers’ Committee (SLBC) of Telangana held its 49th quarterly review meeting in Hyderabad, attended by senior government and banking officials. The committee reviewed banking performance for FY 2025-26 and launched the Annual Credit Plan for FY 2026-27.
Deputy Chief Minister Mallu Bhatti Vikramarka urged banks to adopt a humane approach in lending, support crop loans, Indiramma housing, SHGs and MSMEs. Highlighting Telangana’s strong credit-deposit ratio, he stressed timely credit as key for farmers and job creation
Speaking at the State Level Bankers’ Committee (SLBC) meeting, Bhatti Vikramarka urged banks to support the rollout of the Rajiv Yuva Vikasam Scheme, aimed at providing loans to five lakh unemployed youth
Deputy Chief Minister Mallu Bhatti Vikramarka first claimed to to have waived off farm loans with Rs.31,000 crore, later, he said the government had released Rs.18,000 crore for the crop loan waiver to the banks
SBI Chief General Manager Rajesh Kumar presented the performance of the banks in Telangana during the first half year of the current financial year 2023-24
Hyderabad: The total deposits in banks in Telangana touched Rs 6.03 lakh crore as of December 31, 2021. The advances grew by Rs 25,889 crores (or about 3.81 per cent) during the December quarter to touch Rs 7.06 lakh crore. The credit-deposit ration increased from 110.1 per cent to 117 per cent as of December […]
Hyderabad: Following the State government extending the lockdown as well as the relaxation window from from 6 am to 2 pm, the State Level Bankers Committee which met here on Monday, has decided that bank branches will adhere to business hours from 10 am to 2 pm and close by 4 pm. Bank counters and […]
Bank branches to adhere to the timings of four hours i.e., from 8 am to 12 noon for rendering essential services such as cash deposit, withdrawals, remittances, clearing of cheques and government business
