The 184th meeting of the State Level Bankers’ Committee for the State of Tamil Nadu was convened on 19.11.2025 at Chennai under the Chairmanship of Thiru. T Udhayachandran, IAS, Principal Secretary to Government, Finance Department, GoTN. The meeting was organized by Indian Overseas Bank, Convenor for SLBC-Tamil Nadu. The other dignitaries present in the meeting were Thiru. Dhanaraj T, Executive Director, Indian Overseas Bank & Chairman SLBC, Tamil Nadu, Thiru V Srinivasan, Officer-in-charge, Reserve Bank of India, Chennai, Dr. P S Harikrishna Raj, General Manager, NABARD, Tamil Nadu Regional Office, 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 address, the Principal Secretary to the Government highlighted the importance of sustaining the State’s economic momentum over the next decade. He emphasized the need for strengthening investments in Youth skill development and urged banks to expand credit flow to MSME sector and enhance greater support for women-led enterprises
The meeting reviewed the performance under Priority Sector Lending’s for the quarter ended September 2025 covering mainly Agriculture, MSME, Educational loan, Housing Loan and various government loan schemes. The agenda was presented by Mrs. Vijaya N General Manager, Indian Overseas Bank and Convenor of SLBC, Tamil Nadu.
The overall ACP performance for the quarter ended September 2025 stood at an impressive Rs. 5.11 Lakh crores as against the Annual Credit Plan target of Rs. 9.00 Lakh cores for FY 2025-26. The banks in the State of Tamil Nadu have thus achieved 56.77% of the Annual Target as of September 2025.
The meeting served as an important platform for bankers, government officials and other stakeholders to collaborate and discuss strategies to accelerate credit growth and further strengthen economic development in Tamil Nadu.
