The Chief Minister had decided to award these banks and districts in last SLBC meeting. Odisha is the only State in the country that is encouraging Banks with awards for priority sector lending.
Speaking on the occasion at a function organised at State Convention Centre, Loka Seva Bhawan, the Chief Minister said that all banks together have disbursed credit to the tune of Rs 1.03 lakh crore and achieved more than 93 percent of the Annual Credit Plan for 2021-22 despite the Pandemic. We need to continue this momentum, he added.
In the farm sector lending, Central Bank of India, Bolangir Branch received the first prize, Axis Bank Rayagada – second prize and Axis Bank Sambalpur received the third prize.
Similarly, in lending to small entrepreneurs, Union Bank of India Bolangir got the first prize, Bank of India Jayadev Vihar, Bhubaneswar received second prize and Union Bank of India Talcher received third prize.
In lending to Mission Shakti Groups, State Bank of India Kantabanjhi Bolangir got the first prize, SBI Dunguripalli Subarnapur received the second prize and SBI Malkangiri got the third prize.
The Chief Minister awarded Rupees Five Lakhs to the banks winning first prize, Rupees Three Lakhs for the second prize and Rupees Two Lakhs for the third prize.
Odisha State Cooperative Bank received award for maximum lending in agriculture sector, State Bank of India for maximum lending to MSMEs and Odisha Gramya Bank received award for maximum lending to Mission Shakti Groups. State Bank of India and Indus Ind Bank received award for maximum overall lending to priority sector.
Patnaik congratulated the Best Performing Banks and hoped that these champion banks will be exemplary models for other banks.