RBI/2006-07/176
RPCD.LBS.CO.BC.No. 33 /02.18.02/2006-07

15^th November, 2006

The Chairman/Managing Director,
All SLBC/UTLBC Convenor Banks,
(As per mailing list)

Dear Sir,

A Working Group on improvement of Banking Services in Uttaranchal was constituted by RBI under the Chairmanship of Shri V. S. Das, Executive Director, RBI. The Group examined the problems/issues relating to banking services in the State of Uttaranchal and recommended various measures for improvement in banking services in the State including inclusion of National Horticulture Board as a permanent member of the State Level Bankers’ Committee for Uttaranchal in view of its importance in the State. It was also suggested that this may act as a single window clearance for credit needs of horticulturists/floriculturists etc. Accordingly, it has been decided that the above Board i.e. National Horticulture Board be made a permanent member of SLBC for Uttaranchal.

It has also been decided that the Horticulture Boards of all the States/Union Territories be made a permanent member of SLBC/UTLBC at all India level in view of high priority being given by Government of India for investment in this sector throughout the country with expectation that banks must cooperate in a proactive manner towards this direction. Accordingly, National Horticulture Board may invariably be invited in all the forthcoming SLBC/UTLBC meetings to enable them to address their credit needs and to formulate the schemes in consultation with banks/State Government Departments.

Yours faithfully,

(R. Sebastian)
General Manager