Mon Oct 06 10:43:04 UTC 2025: Here’s a summary and a news article based on the provided text:

**Summary:**

Banks in Alappuzha district, India, disbursed ₹6,957 crore in loans during the first quarter of the 2025-26 fiscal year, achieving 27.83% of their annual lending target of ₹25,000 crore. Overall deposits reached ₹54,948 crore, and advances stood at ₹30,988 crore, resulting in a credit-deposit ratio of 56%. Significant disbursements were made to priority sectors, including education, housing, small businesses (under the Mudra Yojana), and agriculture. Loans were also distributed to the non-priority sector, self-help groups, and the industrial sector. The District Level Banking Committee (DLBC) meeting reviewed the data, addressed cybersecurity concerns, and included participation from key banking and government officials.

**News Article:**

**Alappuzha Banks Exceed ₹6,957 Crore in First Quarter Lending**

**Alappuzha, October 6, 2025:** Banks in Alappuzha district have reported robust lending activity in the first quarter of the 2025-26 fiscal year, disbursing a total of ₹6,957 crore in loans, according to data released at a recent District Level Banking Committee (DLBC) meeting. This represents 27.83% of the ambitious annual lending target of ₹25,000 crore set for the district.

The DLBC meeting revealed strong deposit growth, with total deposits reaching ₹54,948 crore. Total advances stand at ₹30,988 crore, resulting in a healthy credit-deposit ratio of 56%.

A significant portion of the lending was directed toward priority sectors. Banks disbursed ₹4,598 crore in loans to priority sectors, constituting 28.24% of the annual target. This includes ₹56.03 crore in education loans (1,006 accounts), ₹275.27 crore in housing loans (3,866 beneficiaries), and ₹193.03 crore to small businesses under the Pradhan Mantri Mudra Yojana (16,550 beneficiaries). Farm loans accounted for ₹2,723 crore, or 23% of the annual target.

The non-priority sector also saw significant lending, with ₹2,358 crore disbursed (27.05% of the annual target). Specifically, ₹102.45 crore was provided to 1,186 self-help groups, and ₹1,689 crore was released to the industrial sector (45.34% of the annual target).

District Collector Alex Varghese inaugurated the DLBC meeting, which also featured a cybersecurity awareness session led by District Crime Records Bureau officials. Key stakeholders, including representatives from the State Bank of India, the Reserve Bank of India, NABARD, and various lead bank managers, were in attendance.

Read More