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State Bank Committee to Track SC Share in Major Financial Programs

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News Analysis IndiaReporter
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October 7, 2026
02:22 PM
State Bank Committee to Track SC Share in Major Financial Programs

State‑level and Union Territory bankers committees have been directed to embed SC beneficiary metrics into their routine audit panels. The guidance, issued on Oct 5, requires committees to record both absolute numbers and percentages of SC households benefitting from the Prime Minister’s Mudra Scheme, Stand‑Up India, PMEGP, PM SVANidhi, CGTMSE guarantees and MSME Business Loans. The compiled information must be uploaded to the NCSC portal for continuous monitoring, and any challenges in data acquisition should be reported in the compliance statement due by Oct 9.

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