Pioneer News Service
Ranchi
The Jharkhand Legislative Assembly on Thursday tabled the Annual Report of the State Level Bankers’ Committee (SLBC) during the second day of the Monsoon Session, with the state government claiming that it is the first legislative assembly in the country to place the SLBC report before the House.
Presenting the report, Finance Minister Radha Krishna Kishore informed the Assembly that the initiative reflects the government’s commitment to greater transparency and legislative oversight in the banking and financial sector.
The minister said Jharkhand’s Credit-Deposit (CD) Ratio has improved significantly, rising from 50.22% in 2024 to 54.97% in 2026, registering an increase of 4.75 percentage points over the past two years.
He informed the House that 41 banks operating through 3,540 branches across the state have extended loans worth ₹2,22,613 crore.
Highlighting the performance of key financial inclusion schemes, Kishore said loans worth ₹276 crore have been sanctioned to 3,030 beneficiaries under the Guruji Credit Card Scheme. Under the Kisan Credit Card (KCC) scheme, loans amounting to ₹9,240 crore have been approved for 13.58 lakh farmers.
The minister also said that 2.61 lakh Self-Help Groups (SHGs) have received loans worth ₹7,700 crore, while MSME lending in the state has reached ₹52,885 crore.
In addition, he noted that around 43,000 beneficiaries are being linked to the Pradhan Mantri Mudra Yojana, aimed at promoting entrepreneurship and supporting small businesses.
The Finance Minister said the improving banking indicators reflect expanding access to institutional credit and the state’s continued focus on financial inclusion, rural lending and enterprise development.
