Lucknow: Chief Minister Yogi Adityanath has set an ambitious target to increase the state’s overall Credit Deposit (CD) ratio to over 62 percent by the end of the current financial year. Chairing a special meeting of the State Level Bankers Committee (SLBC) on Sunday, he sought detailed updates from bank representatives on their CD ratios and stressed the need for strong efforts to improve them.
It was reported during the meeting that Uttar Pradesh’s CD ratio reached 60.39 percent by December 2025, the highest in nearly a decade. A district-wise review showed that the number of districts with a CD ratio below 40 percent has dropped to just five. Districts in the 40-50, 50-60, and 60-80 percent categories have also shown consistent improvement. In March 2018, 20 districts had a CD ratio below 40 percent, which has now come down significantly.
The Chief Minister directed that all districts achieve targeted improvements in their CD ratios by March 2026. Highlighting the state government’s new initiative, he announced the launch of the One District One Cuisine (ODOC) scheme, aimed at providing distinct recognition to small traders, artisans linked to traditional culinary arts, and gig workers, following the success of the One District One Product (ODOP) programme.
CM Yogi urged banks to prioritise financial support for ODOC, similar to the assistance given to ODOP, ensuring that as many people as possible receive loans. He emphasised that the government is fully supporting training, packaging, branding, and marketing efforts and underlined the critical role of banks in accelerating this mission.
Referring to successful schemes like the Prime Minister’s Surya Ghar Yojana and the Chief Minister’s Youth Entrepreneur Development Campaign, the Chief Minister noted that the cooperative spirit of banks has been central to their success.
He cautioned against unnecessary demands for documents, repeated verifications, and delays in banking processes, which discourage beneficiaries. Banks were instructed to simplify procedures to provide genuine convenience to citizens and ensure eligible beneficiaries can access scheme benefits without difficulty.
The Chief Minister highlighted Uttar Pradesh’s rapid progress in economic activities, industrial investments, entrepreneurship, agriculture, and women and youth empowerment. He called for active participation from the banking sector in this growth by providing easy, respectful, and timely loan access to farmers, MSMEs, startups, women’s self-help groups, and young entrepreneurs.
Special campaigns will be launched in districts where the CD ratio is below 40 percent. Banks have been asked to organise mega loan fairs targeting rural areas. The Chief Secretary has been directed to ensure monthly meetings of district-level bankers committees.
CM Yogi also appealed to banks to contribute to Uttar Pradesh’s development through Corporate Social Responsibility (CSR) initiatives. It was highlighted that the banking system in the state has strengthened considerably in the past eight years. Total deposits grew from ₹8.92 lakh crore in March 2017 to ₹20.44 lakh crore in December 2025, while total loans increased from ₹4.05 lakh crore to ₹12.34 lakh crore in the same period.
The overall banking business rose from ₹12.80 lakh crore in March 2017 to ₹32.79 lakh crore by December 2025. Between April 2022 and December 2025 alone, deposits grew by ₹6.47 lakh crore, loans by ₹5.03 lakh crore, and total banking business by ₹11.50 lakh crore. Credit flow to agriculture, MSMEs, and priority sectors has steadily improved, with MSME lending increasing by over 23 percent between December 2024 and December 2025.
Achievements of the Financial Inclusion Campaign (July-October 2025) were also shared. Uttar Pradesh topped the country in seven of eight key indicators. During this period, 57,699 financial literacy camps were held, 22.24 lakh Jan Dhan accounts opened, 17.14 lakh people enrolled in the Pradhan Mantri Jeevan Jyoti Bima Yojana, and 43.35 lakh citizens joined the Pradhan Mantri Suraksha Bima Yojana.
Additionally, 6.90 lakh new subscriptions were recorded under the Atal Pension Yojana. The state led nationally in enrolment, claim settlement, re-KYC, and updating enrolments.
During the 2025-26 financial year, loans exceeding ₹22,000 crore were approved across sectors including energy, agriculture, infrastructure, industry, MSMEs, and NBFC co-lending models. Significant approvals were granted for projects like UPPCL, UPCU, and power transmission.
Over the past year, large-scale loan disbursements were made during events such as MSME Day, the Chief Minister’s Youth Conclave, Vishwakarma Jayanti, the International Trade Show, and Uttar Pradesh Day. On Vishwakarma Jayanti alone, loans worth ₹1.32 lakh crore were sanctioned. Two mega loan distribution programmes are scheduled for February 20 and March 16, 2026, targeting over ₹2.20 lakh crore in loans.
The Chief Minister reiterated that Uttar Pradesh is advancing rapidly, and the banking system’s active role is crucial for further strengthening. He urged banks to increase credit flow in growth-oriented sectors, provide simple and timely services to citizens, and meet financial inclusion goals district by district.
Bank of Baroda Executive Director Lal Singh highlighted that the central government’s credit guarantee scheme has reduced risks for banks, accelerating loan distribution and banking activities. He appealed to banks to extend benefits of schemes like the Chief Minister’s Youth Entrepreneur Development Campaign, ODOP, and Vishwakarma Labour Honour to more youths and artisans.
Regional Director of Reserve Bank of India, Lucknow, Pankaj Kumar, said the state’s consistent revenue surplus is a positive sign for the banking sector. NABARD Chief General Manager Pankaj Kumar expressed expectations for faster distribution of Kisan Credit Cards.
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