Tue Mar 04 15:32:26 UTC 2025: ## Udupi Banks Urged to Boost Lending and Local Language Services

**Udupi, Karnataka – March 4, 2025** – Udupi Zilla Panchayat CEO Prateek Bayal has called on banks in the district to improve their credit-deposit (C&D) ratio and communicate with customers in local languages to enhance business.

Addressing the District Level Bankers’ Committee Review meeting on Tuesday, Mr. Bayal noted that many banks have a low C&D ratio, falling short of the Reserve Bank of India’s guideline of a 60% loan-to-deposit ratio. He urged bank officials to take steps to increase this figure.

Highlighting positive developments, Mr. Bayal stated that banks in Udupi have disbursed ₹40.15 crore in loans to 131 beneficiaries under the Pradhan Mantri Employment Generation Programme (PMEGP). He emphasized the need for expedited processing of all PMEGP applications and the prompt release of subsidy amounts. He also stressed the importance of quickly processing pending applications for the Pradhan Mantri Vishwakarma scheme.

Canara Bank regional manager Shiba Sahajan and District Lead Bank manager G. Harish also participated in the meeting.

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