UP’s total Credit-Deposit Ratio crosses 60.39%, target set at 62% by March

Uttar Pradesh Chief Minister Yogi Adityanath has set a target of increasing the state’s total Credit-Deposit (CD) ratio to over 62 percent by the end of the current financial year.

Presiding over a special meeting of the State Level Bankers’ Committee (SLBC) on Sunday, the Chief Minister obtained information from all bank representatives regarding their CD ratios and emphasised the need for concrete efforts to increase the ratio.

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The meeting was informed that the total CD ratio of Uttar Pradesh had reached 60.39 percent by December 2025, the highest level in the last ten years. According to the district-wise review, the number of districts with a CD ratio of less than 40 percent has decreased to only five, while the number of districts in the 40-50, 50-60, and 60-80 percent categories has also shown continuous improvement. In March 2018, there were 20 districts with a CD ratio of less than 40 percent, which has now reduced to 5. The Chief Minister directed that the targeted improvement in the CD ratio of all districts be ensured by March 2026.

In the important meeting, the Chief Minister said that after the success of the One District-One Product (ODOP) scheme, the state government is now going to give a new identity to small traders, artisans associated with traditional culinary arts, and gig workers through the One District-One Cuisine (ODOC) scheme. He appealed to banks to provide financial support to ODOC on a priority basis, just as they did for ODOP, and to provide loans to as many people as possible. The Chief Minister said that the government is providing full support in training, packaging, branding, and marketing, and the role of banks will be crucial in accelerating this mission.

Presiding over the special meeting of the State Level Bankers’ Committee (SLBC), the Chief Minister cited the examples of the Pradhan Mantri Surya Ghar Yojana and the Chief Minister Yuva Udyami Vikas Abhiyan and said that the cooperative spirit of the banks is at the heart of the success of these schemes. He clearly stated that situations like demanding unnecessary documents, repeated verification, and delays in the process discourage beneficiaries. The Chief Minister instructed that the banking process should be such that it provides genuine convenience to the common citizen and eligible beneficiaries can avail the benefits of the schemes without any difficulty.

The Chief Minister said that Uttar Pradesh is progressing rapidly in the areas of economic activities, industrial investment, entrepreneurship, agriculture, and women and youth empowerment. Active participation of the banking system is essential for this progress. He told all bank representatives that loan availability for farmers, micro, small and medium enterprises (MSMEs), startups, women’s self-help groups, and young entrepreneurs should be simple, respectful, and timely. The Chief Minister instructed that special campaigns be launched in districts where the Credit-Deposit (CD) ratio is less than 40 percent, and said that banks should organise mega loan fairs targeting villages. The Chief Minister directed the Chief Secretary to ensure monthly meetings of the District Level Bankers’ Committee. He also appealed to banks to participate in the development of Uttar Pradesh through CSR (Corporate Social Responsibility) activities.

The meeting was informed that the state’s banking system has become extremely strong in the last 8 years. In March 2017, the total deposits in the state were Rs 8.92 lakh crore, which increased to Rs 20.44 lakh crore in December 2025. During the same period, total loan disbursement increased from Rs 4.05 lakh crore to Rs 12.34 lakh crore. In March 2017, the total banking business of the state was Rs 12.80 lakh crore, which increased to Rs 32.79 lakh crore in December 2025. Between April 2022 and December 2025 alone, a growth of Rs 6.47 lakh crore in deposits, Rs 5.03 lakh crore in loans, and Rs 11.50 lakh crore in total banking business was recorded. The flow of credit to agriculture, MSMEs, and priority sectors has consistently improved. Between December 2024 and December 2025, the MSME sector registered a growth of over 23 percent.

The achievements of the Financial Inclusion Campaign (July-October 2025) were also presented at the meeting. During this period, the state performed exceptionally well nationwide, securing the first position in seven out of eight key indicators. 57,699 financial literacy camps were organised in the state, 22.24 lakh Jan Dhan accounts were opened, 17.14 lakh people were enrolled in the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and 43.35 lakh citizens were enrolled in the Pradhan Mantri Suraksha Bima Yojana (PMSBY). 6.90 lakh new subscriptions were registered under the Atal Pension Yojana (APY). The state’s performance was also top-ranked nationally in areas such as enrolment, claim settlement, re-KYC, and enrolment updates.

The meeting was informed that during the financial year 2025-26, large loans exceeding ₹22,000 crore were sanctioned across various sectors, including energy, agriculture, infrastructure, industry, MSMEs, and the NBFC co-lending model. Significant sanctions were also given to UPPCF, UPCU, power transmission, and other industrial projects. Large-scale loan disbursements were made during events such as MSME Day, Chief Minister’s Youth Conclave, Vishwakarma Jayanti, International Trade Show, and Uttar Pradesh Day in the past year. Loans worth ₹1.32 lakh crore were sanctioned on Vishwakarma Jayanti alone. Two mega loan disbursement programmes are proposed for February 20 and March 16, 2026, with a target of disbursing loans exceeding ₹2.20 lakh crore.