Tamil Nadu Minister for Finance and Human Resource Management Thangam Thennarasu noted that the regional disparities in credit disbursements should be eliminated.
“Data suggests that there is a skewed distribution of credit to certain districts. By implementing targeted strategies, tailored interventions, and focused development initiatives, the banks have to ensure that the benefits of a thriving credit economy are shared equitably across all regions of Tamil Nadu,” he highlighted at the State-level Bankers Committee meeting.
Noting that 417 new bank branches have been opened in the State in the last financial year, the Finance Minister said, “It is important that remote habitations, including forest areas, are effectively serviced by banking facilities.” He added, “I urge the banks to ensure the use of the Tamil language in ATMs and the front desks of bank branches to ensure ease for the people of our State.”
