Tuesday, June 17, 2025

Minister’s stress on micro enterprises to be credit linked

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State Level Bankers’ Committee (SLBC), Telangana has convened a meeting on Tuesday to review the performance of the banks for the quarter ended June 2024 in Telangana State.
Speaking on the occasion, Bhatti Vikramarka Mallu, Deputy Chief Minister, while applauding the efforts of banks in achieving various targets, sought the banks to be benevolent in focusing more on extending credit to weaker sections and SHGs.  Further, he conveyed that more and more micro enterprises are to be credit linked, which will bring in significant change in scenario.
Tummala Nageswara Rao, Minister for Agriculture, emphasised the need to focus more on exceeding the stipulated targets for FY 2024-25 under agriculture and allied activities. He further sought the support of banks in focusing on development of agricultural economy. While reiterating the strenuous efforts put in by Government of Telangana in implementing CLW-2024 scheme in record time, he emphasised the need and involvement of banks in handling the various issues related to crop loan waiver at the branch level effectively.  
Chintala Suseela, CGM, NABARD, Kamal Prasad Patnaik, RD, Reserve Bank of India, also spoke on the occasion.  
The meeting concluded with vote of thanks by Prashanth Kumar Bariyar, DGM (FI & SLBC), SBI.

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