Banks in Telangana achieved 74% Kharif credit targets in H1

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

The credit deposit (CD) ratio remains above 100% despite global and domestic challenges. It stood at 130.16% at the end of the quarter, said Neelesh Dwivedi, CGM, 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 of the current financial year, the banks disbursed ₹ 42,885 crore agricultural loans, which met 73.75% of the Kharif targets.

Education, housing loans

Disbursements as investment credit to Agriculture Allied, Agriculture Infra and Agriculture Ancillary Activities were ₹ 54,057 crore, which was 64.27% of the annual targets. Banks disbursed ₹347 crore in education loans and ₹2,869 crore in housing loans under the priority sector in the first six months.

Banks disbursed ₹1,29,723 crore to the micro, small and medium enterprises (MSME) segment, which achieved 56% of the annual targets, organizers of the SLBC meeting said.

Proactively restructure loans

In the programme, which included a special meeting on drought mitigation measures for Kharif-2026, Manasa Center Financial Services Director Gangotri Kata urged banks to proactively initiate loan restructuring and resolution plans for eligible drought-affected farmers without waiting for borrowers to approach branches.

She emphasized on speedy processing of insurance claims with effective use of the Jansuraksha portal. The official also sought to promote the adoption of digital platforms like the Jan Samarth portal for seamless end-to-end lending under various schemes.

Identify eligible borrowers

RBI Regional Director, Hyderabad Chinmoy Kumar said that banks should identify eligible borrowers affected by natural calamities and put in place appropriate resolution measures within the time limits prescribed under RBI’s master guidelines. He also emphasized the need for coordination between the State Government and the Government of India regarding additional interest subsidies.

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

Published – 10 Nov 2026 21:08 IST