Welcome to SLBC, Sikkim

The SLBC is an inter-institutional forum for coordination and joint implementation of development programmes and policies by all the financial institutions operating the state of Sikkim. Although SLBC is envisaged as a bankers’ forum, Government Officials are also included. The SLBC, Sikkim comprises of representatives of all Commercial Banks, representatives of the state Cooperative banks, Reserve Bank of India, NABARD, State and Central Government representatives. There are a few other invitee members in the committee. The committee is functioning in Sikkim from the year 1985.

Our Activities

• The SLBC shall take up such issues as have been raised by member banks or state Govt. authorities and resolve them.
• The SLBC shall analyse the deposits and advances of banks and review the credit deployment position for improving it wherever, it is unsatisfactory.
• The SLBC shall serve as a focal point of the banking system for securing better liaison with the state governments authorities. The SLBC shall liaise with the Secretary (Institutional finance) of the State for contact in the matters relating to the implementation of Lead Bank Scheme.
• The SLBC shall serve as the clearing house in respect of inter institutional coordination problems remaining unresolved at the level of district consultative committee.
• SLBC shall consolidate all the District Credit Plans and prepare State Credit Plan and launch.
• The SLBC shall regularly examine the Dist Credit Plans and its implementation and ensure appropriate follow up action to see that the plan implementation is in accordance with the time schedule envisaged.
• The SLBC shall become a very useful forum for reviewing the flow of credit to sponsored schemes of both central and state governments and allocate shares to banks.
• SLBC shall regularly review the progress made under various Government sponsored programmes of poverty alleviation and monitor it's progress through Lead District Managers stationed at the District Head quarters.
• SLBC shall coordinate various meetings in connection with Bankers in the State.
• SLBC maintains liaison with various Government departments on behalf of Banks in the State and represent problems of the member Banks to the Government for solution.