SLBC conducts quarterly performance reviews of banks in Karnataka
The State Level Bankers’ Committee in Karnataka held a meeting to address agricultural financial challenges, including climate-related risks and credit delivery delays. The committee emphasized the need for faster, more inclusive lending to vulnerable groups and directed banks to resolve pending loan disbursements.
Why it matters
Efficient credit flow is critical for the economic stability of farmers and rural households facing climate-induced agricultural distress.
Pressing concerns such as severe climate-related challenges affecting agriculture, drought conditions, and the anticipated impact of extreme weather events, were discussed at a quarterly meeting of the State Level Bankers’ Committee (SLBC), Karnataka here on Thursday.
The committee also held discussions with progressive farmers, agriculture officials, FPOs (farm producing organisations), and women self-help groups to identify bottlenecks and develop gender-responsive agricultural projects.
With a significant share of the population dependent on agriculture, participants stressed the need for proactive financial support to farmers and vulnerable households.
It also had a quarterly review of the State’s banking and credit delivery performance with a focus on agricultural finance, financial inclusion, women’s empowerment, digital financial literacy, and strengthening of banking infrastructure.
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