183rd State Level Bankers’ Committee Meeting SLBC, Tamil Nadu, Convenor Indian Overseas Bank
8th August 2025: The 183rd State Level Bankers’ Committee meeting for the State of Tamil Nadu was held on 06.08.2025 under the Chairmanship of Thiru Thangam Thennarasu, Hon’ble Minister for Finance & Environment Climate Change, GoTN at Chennai. The meeting was convened by SLBC-Tamil Nadu, Convenor, Indian Overseas Bank. The other dignitaries present in the meeting were Thiru. Dhanaraj T, Executive Director, Indian Overseas Bank & Chairman SLBC, Tamil Nadu, Thiru. T Udhayachandran, IAS, Principal Secretary to Government, Ms Uma Shankar, Regional Director, Reserve Bank of India, Thiru. R Anand, Chief General Manager, NABARD, Secretaries & Department Heads of various departments, GoTN, Senior executives / officials from RBI, NABARD, State Government, Banks and LDMs of all the districts of Tamil Nadu.
During the speech Hon’ble Finance Minister lauded the efforts/performance of banks in Tamil Nadu for their proactive approach in Priority Sector Lending more particularly in Agriculture and MSME Sector and implementation of all Government sponsored schemes. Further Hon’ble Finance minister mentioned that CD Ratio of 127.52 % which is one among the best and requested all banks to work more vigorously to reach ACP 2025-26 target of Rs.9.00 lakh Crores. Further the Hon’ble Finance Minister said the Government continues to introduce people-centric welfare schemes targeting the underprivileged and marginalized.
The meeting deliberated on various aspects of credit growth under Priority Sector Advances mainly Agriculture, MSME, Educational loan, Housing Loan and various government loan schemes for the Quarter ended June 2025. The special focus was on the 3 month Campaign for Saturation of Financial schemes in gram panchayat. The Agenda was presented by the Convenor of SLBC, Ms Vijaya N General Manager, Indian Overseas Bank.
Superintendent of Police, Cyber Crime wing made a presentation of Digital frauds and prevention of Money Mule accounts.
The overall ACP achievement for the quarter ended June 2025 with impressive performance of Rs. 2.59 Lakh crores as against the annual ACP target of Rs. 9.00 Lakh crores for FY 2025-26. The banks in the State of Tamil Nadu have achieved 28.86% of the Annual Target for the quarter ended June 2025. The YoY growth under disbursal of Priority sector advances is 10.62%