Banks in Telangana achieved 74% of Kharif loan targets in H1

Total deposits of banks in Telangana increased by ₹23,356 crore during the quarter that ended in September to ₹10,16,303 crore, while total advances rose ₹46,050 crore to ₹13,22,798 crore.

The Credit-Deposit (CD) ratio continues to be above 100% despite global and domestic challenges. It stood at 130.16% at the end of the quarter, said Neelesh Dwivedi, CGM of SBI Hyderabad Circle.

Presenting the performance of the banks at the review meeting of the State Level Bankers’ Committee (SLBC), for the quarter ending September, here on Tuesday, he said that during the first half year of the current financial year, banks disbursed ₹42,885 crore agriculture loans achieving 73.75% of Kharif targets.

Education, home loans

The disbursements as investment credit to Agriculture Allied, Agriculture Infra and Agriculture Ancillary activities stood at ₹54,057 crore, which was 64.27% of the annual targets. Banks disbursed ₹347 crore educational loans and ₹2,869 crore housing loans under Priority Sector during the first six months.

Banks disbursed ₹1,29,723 crore to Micro, Small and Medium Enterprises (MSMEs) segment achieving 56% of the annual targets, the organisers of the SLBC meeting said.

Proactively restructure loans

Addressing the programme, which included a special meeting on Drought Relief Measure for Kharif- 2026, Director in the Centre’s Department of Financial Services Manasa Gangotri Kata called upon banks to proactively initiate loan restructuring and resolution plans for eligible drought-affected farmers without waiting for borrowers to approach branches.

She emphasised expeditious processing of insurance claims with effective use of Jansuraksha portal. The official also sought to encourage the adoption of digital platforms like Jan Samarth portal for hassle-free end to end credit delivery under various schemes.

Identify eligible borrowers

Regional Director, RBI, Hyderabad Chinmoy Kumar said banks should identify eligible borrowers affected by natural calamities and implement appropriate resolution measures within the timelines prescribed under RBI’s master directions. He also highlighted the need for State Government coordination with the government of India regarding additional interest subvention.

Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka and others addressed the special meeting.

Published - November 10, 2026 09:08 pm IST