\n<\/p>\n
\n Deputy Chief Minister Mallu Bhatti Vikramarka addressing the SLBC meeting in Hyderabad on Monday.\u00a0
\n | Photo Credit: Arrangement\n <\/p>\n
Deputy Chief Minister Mallu Bhatti Vikramarka on Monday urged banks to extend credit timely to farmers and refrain from insisting on collaterals or fixed deposits for disbursal of farm loans.<\/p>\n
\u201cBankers must deal with farm loan disbursals with compassion. It is not right to force farmers to mortgage properties or make deposits as a condition,\u201d he told the 46th quarterly review meeting of the State Level Bankers\u2019 Committee (SLBC), Telangana, here.<\/p>\n
Appreciating the banking sector\u2019s role in financial empowerment and economic development, particularly in achieving 33.64% of the annual credit plan target in the first quarter itself, he said \u201clet us advance towards a comprehensive, technology-driven, sustainable banking ecosystem in Telangana.\u201d<\/p>\n
The State government considers agriculture as the backbone of the economy and in line with this approach deposited \u20b930,000 crore in banks towards crop loan waiver and Rythu Bharosa. \u201cThis is a record,\u201d he said.<\/p>\n
Calling upon banks to extend credit \u2018generously\u2019 to Indiramma housing beneficiaries, agriculture and allied sectors as well as under self-employment schemes, he said Telangana has emerged as the number one State in India in the backdrop of sustained growth in agriculture, industry and services sectors.<\/p>\n
One of the fastest-growing States, Telangana has the highest per capita income, in the country, at \u20b93.87 lakh, overtaking Karnataka and Haryana. For the first time in five years, it regained the top spot. It has emerged as one of the dynamic economies in India and a model for other States.<\/p>\n
Besides supporting farmers, the banks should consider playing an active role in infrastructure development, especially 13,000 km internal roads planned in the State and widen engagement with MSMEs and work for upliftment of weaker sections, his office said in a release on his speech. <\/p>\n
Presenting a report on the performance of the banks in the State during the quarter ended June, SBI Hyderabad Circle CGM Sahadevan Radhakrishnan said total deposits of the banks increased by \u20b923,883 crore to \u20b98,64,312 crore. Total advances rose \u20b912,021 crore to \u20b910,93,382 crore.<\/p>\n
CD ratio continues was 126.50% at the end of the quarter. Banks disbursed short term production loans totalling \u20b917,577 crore thus achieving 32.73% of the Kharif target. They disbursed \u20b923,473 crore as investment credit to agri and allied sectors, achieving 30.96% of the target.<\/p>\n
Published – September 08, 2025 09:43 pm IST<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Deputy Chief Minister Mallu Bhatti Vikramarka addressing the SLBC meeting in Hyderabad on Monday.\u00a0 | Photo Credit: Arrangement Deputy Chief Minister Mallu Bhatti Vikramarka on Monday urged banks to extend credit timely to farmers and refrain from insisting on collaterals or fixed deposits for disbursal of farm loans. \u201cBankers must deal with farm loan disbursals […]<\/p>\n","protected":false},"author":1,"featured_media":29081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG","fifu_image_alt":"","footnotes":""},"categories":[10677],"tags":[1740,19352,5540,19349,7581,19350,4319,19353,16359,19351,6058,15080,934],"class_list":["post-29080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bollywood","tag-banks","tag-collaterals","tag-deputy","tag-deputy-cm-mallu-bhatti-vikramarka","tag-farm","tag-farm-loans","tag-farmers","tag-fds","tag-hyderabad","tag-insist","tag-loans","tag-telangana","tag-urges"],"rttpg_featured_image_url":{"full":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",0,0,false],"landscape":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",0,0,false],"portraits":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",0,0,false],"thumbnail":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",150,150,false],"medium":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",300,300,false],"large":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",1024,1024,false],"1536x1536":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",1536,1536,false],"2048x2048":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",2048,2048,false],"post-thumbnail":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",370,265,false],"kava-thumb-s":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",150,85,false],"kava-thumb-s-2":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",230,230,false],"kava-thumb-m":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",400,400,false],"kava-thumb-m-vertical":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",370,500,false],"kava-thumb-m-2":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",570,450,false],"kava-thumb-l":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",1170,650,false],"kava-thumb-xl":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",1920,1080,false],"kava-thumb-masonry":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",600,999,false],"kava-thumb-justify":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",640,640,false],"kava-thumb-justify-2":["https:\/\/th-i.thgim.com\/public\/news\/national\/telangana\/tcilxz\/article70026876.ece\/alternates\/LANDSCAPE_1200\/08.09.2025%20SLBC%20Meeting%20Deputy%20CM.JPG",1280,640,false]},"rttpg_author":{"display_name":"#RiseCelestialStudios","author_link":"https:\/\/design-providers.com\/rise\/author\/ralph-c\/"},"rttpg_comment":0,"rttpg_category":"BOLLYWOOD NEWS<\/a>","rttpg_excerpt":"Deputy Chief Minister Mallu Bhatti Vikramarka addressing the SLBC meeting in Hyderabad on Monday.\u00a0 | Photo Credit: Arrangement Deputy Chief Minister Mallu Bhatti Vikramarka on Monday urged banks to extend credit timely to farmers and refrain from insisting on collaterals or fixed deposits for disbursal of farm loans. \u201cBankers must deal with farm loan disbursals…","_links":{"self":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/29080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/comments?post=29080"}],"version-history":[{"count":1,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/29080\/revisions"}],"predecessor-version":[{"id":29082,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/posts\/29080\/revisions\/29082"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media\/29081"}],"wp:attachment":[{"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/media?parent=29080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/categories?post=29080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/design-providers.com\/rise\/wp-json\/wp\/v2\/tags?post=29080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}