ZP CEO Rahul Shinde addresses a special DCC and DLRC meeting held at the ZP hall on Monday.
Chairing a special district consultative committee (DCC) and district-level review committee (DLRC) meeting at Zilla Panchayat hall, Shinde said banks should automatically restructure all eligible standard loans overdue by less than 30 days as of Sept 22, 2026, and Oct 7-2026. Bankers using coercive recovery measures will face an inquiry, and violations will be reported to the State Level Bankers’ Committee for stringent action.
Even where courts have issued orders against farmers, banks should inform DCC and the concerned parties before initiating enforcement action, Shinde said. Officials said progress on restructuring and relief measures would be reviewed weekly. Banks have been instructed to exercise caution during recovery to prevent farmers from turning to microfinance institutions or private moneylenders. Canara Bank Belagavi regional manager M Chandrashekhar, lead bank manager Prashant Ghodake, joint director of agriculture HD Kolekar, bank representatives and district officials from implementing departments attended.