CH NEWS, KARWAR
Zilla Panchayat Chief Executive Officer Dadileesh Shashi directed lead bank officials to set clear targets for improving the loan-to-deposit ratio across banks in the district.
He also asked them to prepare action plans and work towards achieving the targets during the current financial year.
Speaking at the District Agrani Bank Progress Review Meeting, Shashi said loan applications submitted under various government schemes should be examined quickly. Eligible beneficiaries should receive loans on priority so they can use the funds for economic activities and improve their financial condition.
He instructed departments implementing government schemes to immediately forward pending loan applications to banks. He said departments have a responsibility to ensure eligible beneficiaries receive scheme benefits without unnecessary delays. Better coordination between departments and banks, he added, would help more people access financial support.
At the end of June 2026, banks in the district had collected deposits worth Rs 27,262 crore and disbursed loans of Rs 12,778 crore. The resulting loan-to-deposit ratio stood at 46.87 percent. Shashi asked banks to prepare separate strategies to improve the ratio and increase lending to eligible applicants.
The meeting also reviewed loans being provided under various government programmes and discussed ways to speed up lending. Zilla Panchayat Project Director Karim Asadi, Chief Project Officer Somashekar Mesta, Canara Bank Regional Manager Nagaraj, NABARD Manager Sushil, Lead Bank Manager Rajappa, Lead District Officer Moni Raj Brahma and officials from banks and government departments attended the meeting. Shashi stressed that stronger lending would help ensure public funds reach deserving beneficiaries and support local economic growth.
“Loan applications under government schemes should be processed quickly, with eligible beneficiaries receiving priority to support economic activities and improve their financial condition” Dadileesh Shashi, Zilla Panchayat Chief Executive Officer