| Definition |
SLBC is an Inter Institutional Forum for co-ordination and joint implementation of development programmes by all financial institutions operating in a State |
| Functions |
- Review the Banking developments in the State with special reference to Annual Credit Plans, Government Sponsored Programmes, Flow of credit to Priority Sector, Branch Expansion, Credit Deposit ratio, etc
- Consider such issues as have been raised by the Member Banks or by the State Government authorities and questions or Inter Bank differences of views and approaches remaining unresolved at the District Consultative Committees (DCCs).
Address issues relating to-
- Regional imbalances in availability of banking facilities
- Regional imbalances in deployment of credit
- Liaison with State Government
- Review of functioning of DCC
- Review of functioning of District Credit Plans
- Uniformity in terms and conditions of lending
- Review of credit flow to small borrowers in the neglected sectors, pending loan applications and assistance under various Govt. sponsored programmes
- Review of Credit Deposit Ratio, and
- Any other State specific issues, with the permission of the Chair
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| Members
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- It comprises the representatives of commercial banks (including RRBs), State Co-operative Banks, Land Development Banks (LDB), NABARD, RBI, etc
- Although envisaged as Bankers forum, Government Officials are also included.
- Representatives of various organizations from different sectors of the economy like retail traders, exporters, agricultural graduates (who wish to start agri-clinics/ agri-business), farmers' unions and some other organizations, who wish to protect the interest of their members, may also be invited as special invitees in SLBC meetings for discussing their specific problems.
- Representatives of Departments of State Governments.
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| Chairman |
- The meetings are chaired by the Chairman/Executive Director of the convener bank
As per RBI Letter no. 21/26/2008-deV dated 05.09.2008., State Government Official not below the rank of Chief Secretary/Development Commissioner of the State needs to Chair SLBC Meetings.
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| Convener |
- A Bank identified as Convener Bank by...........
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| Periodicity |
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| Definition |
- A forum for co-ordination between the State Government and financial institutions and for the review of the performance of banks particularly in assisting credit based development programmes taken up by the State Government.
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| Functions |
- To make in-depth review of banks' performance in the implementation of various credit based development programmes of Government, matters relating to infrastructure and extension facilities, recovery performance including legislative and administrative support from Government, problems of banking development in the State, etc.
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| Members |
- Representatives from banks, RBI, NABARD, SLDBs and the concerned development departments of the Government.
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| Chairman |
- The Chief Minister/Finance Minister of the State
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| Convener |
- The Chief Secretary, Director of Institutional Finance, Registrar of Co-operative Societies,
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| Periodicity |
- Yearly, though, the Standing Committee of SLCC is expected to meet at quarterly intervals.
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