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SLBC holds quarterly review meet
Hyderabad | June 2022

PNS B HYDERABAD State Level Bankers Committee (SLBC), Telangana has convened its 33rd Quarterly Review meeting on Tuesday (June 14) to launch Annual Credit Plan (Banks) for the FY 2022-23 and to review the performance of the Banks for the quarter ended March 2022. The meeting was attended by: T K Sreedevi, Secretary to Govt, Finance Department, K. Nikhila, Regional Director, Reserve Bank of India, Amit Jhingran, CGM, SBI and President, SLBC, Y K Rao, Chief General Manager, NABARD, Krishan Sharma, General Manager & Convenor SLBC I-T elangana, All State Heads of Public/Private sector Banks, RRBs, TSCAB and officials from Govt Departments Amt Jhingran, Chief General Manager, SBI & President of SLBC presented few highlights of Annual Credit Plan (Banks) 2022-23 and the performance of the banks in Telangana up to March 2022. Annual Credit Plan outlay at Rs. 214,041.87 crores is higher than previous year outlay of Rs.186,035.60 crores by 15%. Priority Sector lending target of Rs.166,257.93 crores constitute 77.68% of total outlay, which is higher by 15% when compared to previous year's target of Rs.144,354.06 crores. Agriculture segment has a major share of 60.76% of Priority Sector target at Rs. 101,030.04 crores.

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