Archive · 28 Dec 2025
Minister Reviews Bank Performance in Guntur
A government minister talked to bankers in Guntur about loans for farmers, students, and small businesses.
He was happy with public banks but said private banks need to do better, especially in giving loans to tenant farmers and students.
He also mentioned that a lot of money is waiting to be claimed by people in the Guntur region.
The minister wants banks to help return this money to the right people.
He was pleased that crop loans for tenant farmers have increased a lot this year.
Additionally, another minister, Nirmala Sitharaman, is visiting her adopted village to inaugurate a training camp on drones and AI, distribute livelihood checks, and inspect development projects.
Union Minister Dr Pemmasani Chandrasekhar reviewed loan sanctions under various government schemes with bankers in Guntur.
Public sector banks were praised for exceeding targets, while private sector banks were warned for poor performance in priority sector schemes.
Private banks were given three months to improve performance or face action.
Around Rs 149 crore of unclaimed amounts are lying in banks in the Guntur region, with Rs 120 crore belonging to the public.
Crop loans to tenant farmers increased from Rs 37 crore last year to Rs 111 crore this year.
- Who
- Union Minister of State for Rural Development and Communications Dr Pemmasani Chandrasekhar
- What
- Reviewed loan sanctions under various government schemes with bankers in Guntur and warned private banks over poor performance.
- When
- Friday
- Where
- Guntur
- Why
- To ensure loans reach all eligible beneficiaries and improve performance in priority sector schemes.
Public Sector Banks
Private Sector Banks
Performance in Loan Sanctions
Public Sector Banks
Public sector banks were praised for exceeding targets in loan sanctions under various government schemes.
Private Sector Banks
Private sector banks were warned for poor performance in priority sector schemes and given three months to improve.
- Unclaimed Amounts
- Rs 149 crore
- Public Share
- Rs 120 crore
- Crop Loans Increase
- Rs 37 crore to Rs 111 crore
- Schemes Reviewed
- Tenant farmer loans, livestock loans, education loans, SME loans, Self Help Group loans, PM Mudra Yojana, PMEGP, PM SVANidhi, Kisan Drones, PM Vishwakarma, PMFME
- Meeting Date
- Friday
- Financial Assistance
- ₹50 lakh
- Embankment Project Cost
- ₹13.72 crore
- Embankment Project Completion
- End of January 2026
