Overview

• Maharashtra Chief Minister Devendra Fadnavis reiterated the prohibition on demanding CIBIL scores for agricultural loans, citing Reserve Bank of India guidelines and prior FIRs against violators.
• A ₹44.76 lakh crore credit plan for the 2025-26 fiscal year was approved during the 167th State Level Bankers’ Committee meeting in Mumbai.
• Fadnavis emphasized the economic and social consequences of denying farm loans, including increased farmer suicides, and demanded immediate compliance from banks.
• Nationalised banks were instructed to meet elevated agricultural loan disbursement targets and expand credit coverage to support the sector's transformation into a commercial enterprise.
• The CM highlighted agriculture's central role in Maharashtra's economy and its importance in achieving the state's trillion-dollar economy goal.