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Time of India

SLBC lauds progress in financial inclusion

Lucknow: A meeting of the state level bankers' committee (SLBC), chaired by chief secretary (CS) Manoj Kumar Singh, was held in Lucknow on Wednesday. The CS spoke about significant progress in financial inclusion in the state with the support of banks, noting that almost every family and individual in urban and rural areas has a bank account. He also mentioned notable improvements in financial literacy and access to financial services, encouraging banks to enhance the deposit-credit ratio and strengthen credit flow in the state. The CS highlighted the success of the BC Sakhi scheme , under which around 50,000 women were trained and conducted transactions worth Rs 35,000 crore. He also discussed the CM YUVA scheme, which provides loans on easy terms to youth to set up their own enterprises. Lal Singh, executive director of Bank of Baroda and chairman of SLBC-UP, requested banks to implement centrally and state-sponsored schemes, issue Kisan Credit Cards for cropS, livestock and fisheries, connect all eligible individuals with social security schemes and ensure prompt resolution of pending applications in various govt schemes. Earlier, he provided insights into various banking activities and progress under govt-sponsored schemes during the March quarter in the state. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo During the meeting, detailed discussions were held on various banking parameters in the state, the progress of centrally and state-sponsored schemes, conducting Re-KYC for Jan Dhan accounts and taking concrete steps for economic empowerment.