State Level Bankers’ Committee Meeting of Odisha for the quarter ended September 2025 convened

Bhubaneswar:24/11/25:The 181st State Level Bankers’ Committee Meeting of Odisha for the quarter ended September 2025 convened on 24th November, 2025, at Hotel Mayfair, Bhubaneswar.

Executive Director of UCO Bank cum Chairman SLBC Odisha, Shri Rajendra Kumar Sahoo, informed that against the annual target of . Rs 2.52 lakh crore under ACP for FY 2025-26, all banks have achieved Rs. 1.20 lakh crore as of 30.09.2025, which is 47.65% of the target.

Outlining the vision 2036 and 2047 of Odisha, Principal Secretary, Finance Department, Shri Sanjeeb Kumar Mishra emphasized on achievement of ACP and enhancing the CD ratio of the State. He emphasized on use of CKYC by all banks. He suggested SLBC and Banks to create public awareness on PMJJBY and PMSBY, Y, and the process of filing claims by the beneficiaries fothe r greater interest of beneficiaries.

Regional Director, RBI, Bhubaneswar, Dr. Sarada Prasan Mohanty emphasized the importance of achieving of ACP target for the development of the State. He highlighted the State’s Credit Deposit (CD) Ratio, cybersecurity, and digital fraud prevention, emphasizing issues of unclaimed deposits and KYC.

Commissioner cum Secretary, MSME Department, Shri Prasanth Kumar Reddy, advised to focus on financing to the MSME sector as per the revised norms for MSME, PMEGP, PMFME, PMMY, Stand Up India Scheme, and PM-Vishwakarma scheme. Director of Industries, Ms Aboli Sunil Naravan, highlighted the importance of the PMEGP and PMFME scheme.

Performance under PMSVANidhi was discussed, and it was decided that individual branches of Banks should strive to achieve the target.

Convenor, SLBC; Senior officials of State and Central Government, NABARAD, and Regional Controlling Heads of all banks were also present in the meeting.

Executive Director of UCO Bank cum Chairman SLBC Odisha, Shri Rajendra Kumar Sabo, informed that against the annual target of . Rs 2.52 lakh crore under ACP for FY 2025-26, all banks achieved Rs. 1.20 lakh crore as of 30.09.2025, which is 47.65% of the target.

Outlining vision 2036 and 2047 of Odisha, Principal Secretary, Finance Department, Shri Sanjeeb Kumar Mishra emphasized on achievement of ACP and enhancing the CD ratio of the State. He emphasized on use of CKYC by all banks. He suggested SLBC and Banks to create public awarenesson PMJJBY and PMSBY and the process of filing claims by the beneficiaries for greater interest of beneficiaries.

Regional Director, RBI, Bhubaneswar Dr. Sarada Prasan Mohanty emphasized the importance of achievement of ACP target for the development of the State. He highlighted the State’s Credit Deposit (CD) Ratio, cyber security, and digital fraud prevention, emphasizing on resolvingissues of unclaimed deposits and KYC.

Commissioner cum Secretary, MSME Department, Shri Prasanth Kumar Reddy, advised to focus on financing to the SME sector as per the revised norms for MSME, PMEGP, PMFME, PMMY, Stand Up India Scheme, and PM-Vishwakarma scheme. Director of Industries, Ms Aboli Sunil Naravane highlighted the importance of PMEGP and PMFME scheme.

Performance under PMSVANidhi was discussed and it was decided that individual branch of Banks should strive to achieve the target.

Convenor, SLBC; Senior officials of State and Central Government, NABARAD, and Regional Controlling Heads of all banks were also present in the meeting.