Deputy Chief Minister Sushil Kumar Modi today urged the Reserve Bank of India (RBI) to direct commercial banks to expedite loan disbursals in the state. At a meeting with RBI Deputy Governor Shyamala Gopinath, he informed her about the delays by commercial banks in distributing cheques for loans, including those under education programmes and Kisan Credit Card (KCC). Modi urged RBI to ensure monitoring of the functioning of commercial banks in Bihar and reviewing them regularly. He also apprised Gopinath about non-availability of banking facilities in two blocks - Ghatkutumba in Sheikhpura district and Ismailpur in Bhagalpur district. Besides, 14 other blocks do not have commercial bank branches. Modi asked RBI to strengthen the ''Lead Bank Manager'' in the state for providing better banking facilities. Gopinath assured the state government that the apex bank has given consent to the commercial banks to set up 148 new branches in the state in 2011-12, even as 461 new branches have already been set up across the state. Gopinath, at the same time, directed the state government to provide adequate security to the commercial banks'' branches in the state and set up a ''special battalion'' for the purpose.
Bihar
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