SLBC Head

Highlights

State Level Bankers’ Committee West Bengal

The State Level Bankers’ Committee (SLBC) has been constituted in April 1977, as an apex inter-institutional forum to create adequate coordination machinery in all States, on a uniform basis for development of the State. SLBC is Chaired by the Managing Director & Chief Executive Officer (MD & CEO) of the convenor bank/Executive Director of the convenor bank. It comprises representatives of commercial banks, Regional Rural Banks (RRBs), State Cooperative Banks, Reserve Bank of India (RBI), NABARD, heads of Government departments including representatives from National Commission for Scheduled Castes/Tribes, National Horticulture Board, Khadi & Village Industries Commission etc. and representatives of financial institutions operating in a State, who come together and sort out coordination problems at the policy implementation level.  Representatives of various organizations from different sectors of the economy like retail traders, exporters and Farmers’ Union, Milk Union etc. are special invitees in SLBC meetings for discussing their specific problems, if any. The SLBC meetings are held on quarterly basis. The responsibility of convening the meetings of the SLBC would be that of the SLBC convenor bank of the State.

Recognizing that SLBCs, primarily as a committee of bankers at State level play an important role in the development of the State, illustrative guidelines on the conduct of State Level Bankers’ Committee (SLBC) meetings have been issued by Reserve Bank of India.

The SLBC meetings are required to be held regularly at quarterly intervals.  SLBC is chaired by the & Managing Director & Chief Executive Officer (MD & CEO) of the convenor bank/Executive Director of the convenor bank and co-chaired by Additional Chief Secretary or Development Commissioner of the State concerned. A High Level of participation in SLBC meetings ensures an effective and desired outcome with meaningful discussion on issues of public policy of both the Governments, i.e., Government of India and Government of West Bengal.

The Chief Minister/Finance Minister and senior level officers of the State/RBI (of the rank of Deputy Governor / Executive Director) may be invited to attend the SLBC meetings.  Further, the State Chief Ministers are encouraged to attend at least one SLBC meeting in a year.

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