Bengaluru, March 5th:The 174th SLBC meeting of Karnataka was successfully conducted on 03rd March 2026. The meeting started at 03.30 pm, and elaborate discussions on various agendas took place. The meeting was chaired by Smt. Uma Mahadevan, Additional Chief Secretary and Development Commissioner, Government of Karnataka.
The event witnessed the august presence of several distinguished dignitaries, including:
- Sri Bhavendra Kumar, Executive Director, Canara Bank
- Dr. Vishal R, Secretary to Government (FR), Finance Department, GoK
- Ms. Shwetha Rao, Director, DFS, Govt. of India
- Smt. Kaya Tripathi, Regional Director, RBI
- Dr. Surendra Babu, Chief General Manager, NABARD
- Sri. Shambhu Lal, Chief General Manager, Canara Bank and SLBC Karnataka.
- Sri M Bhaskara Chakravarthy , General Manager, Canara Bank and Convenor, SLBC Karnataka
- State Controlling Heads of various banks and senior officials from line departments.
Sri M Bhaskara Chakravarthy , General Manager, Canara Bank and Convenor, SLBC Karnataka convened the meeting
Sri. Shambhu Lal, Chief General Manager, Canara Bank and SLBC Karnataka delivered the welcome address.
Sri. Bhavendra Kumar, Executive Director, Canara Bank informed that as on 31.12.2025 under agriculture sector achieved Rs. 1,78,469 crores against target of Rs. 2,22,203 crores and achieved 80% of allotted target in Third quarter. Under MSME Banks achieved 86% and total Priority Sector it is 82% and exhorted the Banks to continue the good performance.
The Additional Chief Secretary, Government of Karnataka reviewed the State’s performance under Total Credit, Total Deposits, Priority Sector Target achievements, under various sub sector bank wise and district wise. The Chief Secretary also advised the bankers and Government departments to work in unison for smooth and seamless integration of developmental activities for implementation. Further the chairperson had reviewed all the Developmental schemes/ Government sponsored schemes and advised the Banks to clear all the pending applications. She also instructed all the Bankers to onboard the NRLM SHG BC Sakhi’s as BC agents in all the Gram Panchayat locations.
Dr. Vishal R, Secretary to Government (FR), Finance Department, GoK stressed the importance of coverage of all eligible population under the ambit of Jansuraksha schemes.
Smt. Kaya Tripathi, Regional Director, Reserve Bank of India emphasised the preparation of roadmap for Financial Inclusion 2025-30. The details of Grameen Credit score were elaborated to the forum.
Dr. Surendra Babu, Chief General Manager, NABARD informed the house that Banks have to promote pledge financing through electronic Negotiable Warehouse Receipts (e-NWRs). He urged the need to empower farmers through e-Kisan Upaj Nidhi (e-KUN) and elaborated on the preparation of District Credit Plan (DCP) at Block, Bank and Branch Level.