Kolkata, May 23 (IANS) The newly formed Bharatiya Janata Party (BJP) government in West Bengal plans to address long-pending demands of bankers’ representatives for administrative support in recovering unpaid loans, particularly from wilful defaulters.At the State Level Bankers’ Committee (SLBC) meetings — which include representatives from both banks and the state government — both sides have raised recurring concerns. While state officials have urged banks to improve the credit-deposit (…
Latest State Level Bankers’ Committee News & Updates
Mumbai, May 21 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Thursday announced the definitive timeline for the implementation of the state government’s farm loan waiver scheme, officials said. Addressing a press conference after the meetings to review the preparations for the Kharif season and State Level Bankers’ Committee, the Chief Minister declared that all eligible farmers will receive their loan waivers before June 30.This timely implementation will clear the path for farmers to …
New Delhi, April 22 (IANS) The Union government said on Wednesday that the Atal Pension Yojana (APY) has achieved a historic milestone by surpassing total gross enrolments of nine crore subscribers. Gross enrolments during the Financial Year 2025–26 crossed 1.35 crore subscribers, marking the highest-ever enrolments recorded in a single financial year since the inception of the scheme, according to a Finance Ministry statement.Launched on May 9, 2015, with the vision of establishing a universa…
New Delhi, March 30 (IANS) Nearly 99.92 per cent of inhabited villages in India now have a banking outlet within a five‑kilometre radius, the Parliament was informed on Monday.Further, 100 per cent villages in the Union Territory of Dadra and Nagar Haveli are covered with banking outlets within a radius of 5 kms, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha in a written reply.The Jan Dhan Darshak App, a Geographic Information System (GIS) monitoring tool, shows banks, busi…
Mumbai, Feb 13 (IANS) The Reserve Bank of India (RBI) on Friday issued a draft circular on the revised guidelines of the Lead Bank Scheme for public comments, which can be submitted till March 6.Reserve Bank Governor Sanjay Malhotra had announced, as part of the Statement on Developmental and Regulatory Policies on February 6, that revised guidelines on the Lead Bank Scheme would be issued shortly to streamline the operational aspects.The revised guidelines aim to fine-tune the objectives of the…
Amaravati, Jan 23 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday asked banks to provide loans extensively to the renewable energy sector, saying the Central and state governments are giving top priority to the sector.Stating that power distribution companies (DISCOMs) are also providing counter-guarantees, he urged bankers to take the initiative in providing loans to the renewable energy sector.Presiding over the 233rd and 234th meetings of the State Level Bankers’ Committ…