Andhra Pradesh Chief Minister N Chandrababu Naidu | Photo credit: ANI
Chairing the 233rd and 234th meeting of the State Level Bankers’ Committee (SLBC) in Amaravati on Friday, the CM reviewed the implementation of the annual credit plan for 2025-2026 as well as the progress of MSME and agriculture loans.
According to SLBC data, loans worth ₹2.96 lakh crore were provided to agriculture and allied sectors under the Annual Credit Plan FY26.
Agriculture loans worth ₹1,490 crore were provided to tenant farmers and loans worth ₹95,714 crore were granted to MSMEs.
Naidu said loans can be provided at lower interest rates and the government is making efforts for credibility and branding.
He said loans worth ₹2 lakh crore can be rescheduled in Andhra Pradesh, and so far, loans worth ₹49,000 crore have been rescheduled, resulting in savings of ₹1,108 crore.
The CM sought the support of bankers to expand natural farming. The cooperation of bankers is essential for the development of SMEs and other key sectors.
Priority should be given to small and medium enterprises that support the weaker sections of the business community. If MSMEs are encouraged, not only the primary sector but also the industrial and service sectors will grow, leading to all-round development of the state, he added.
Published on January 23, 2026
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