A district-level banking review committee meeting held here on Saturday made a clarion call to the banks to increase their lending to micro, small, and medium enterprises (MSME) in the district.
Presiding over the meeting, District Collector Mrunmai Joshi expressed . She said it was disappointing.
The lending of banks to the non-farm sector in the district was less than expected. Out of the ₹13,551 crore given as loans, the banks gave ₹6,018 crore to agriculture sector, ₹1,535 crore to MSME, and ₹1,633 crore to other priority sectors, including education and housing. Of the total loans, ₹9,186 crore was given to priority sector. The outstanding loan amount of the banks on December 31, 2021, was ₹37,891 crore and deposit was ₹57,984 crore.
