The UTLBC is an inter-institutional forum for coordination and joint implementation of development programmes and policies by all the financial institutions operating in an Union Territory. Although UTLBC is envisaged as a bankers’ forum, Government Officials are also included.

  • To discuss issues and suggest solutions to the various problems in the field of banking development and evolve consensus for coordinated action by the member institutions.
  • To do the necessary spade work for formulation of Annual Credit Plan by getting in time district-wise resource allocation by banks and dis-aggregation of the various Governmental programmes.
  • To undertake critical analysis of the progress of the implementation of Annual Credit Plan & Govt. and other agencies sponsored credit-linked programmes / schemes in the various districts.
  • To review the assistance required and provided by Govt. agencies.
  • To consider problems referred by the district level forums and take necessary follow-up action.
  • To oversee the implementation of branch expansion programme.
  • To review the recovery performance.
  • To ensure arrangements for training of both bank and Govt. staff as well as evaluation of the programmes implemented.
  • To take up for consideration such issues as have been raised by the member banks and/or the UT Govt. authorities and questions or inter-bank difference of views and approach remaining unresolved
  • To solve operational problems in implementation of Service Area Approach, Credit Plans, Govt. and other agencies programmes etc.
  • To consider ways and needs of extending coverage through organization of Farmers Service Societies or adoption of Co op. societies, etc.
  • To serve as a focal point for the banking system in the State for securing better liaison with the UT Govt. authorities.
  • To examine the inter-institutional coordination in the formulation and implementation of the Annual Credit Plans.
  • To review the trends in the flow of credit into rural areas and to the small borrowers in the neglected sectors.
  • To review purpose-wise picture revealed by the data compiled in accordance with the new system of returns and take follow-up measures to ensure speedy disposal of loan applications, to improve the pace of credit assistance under specific programmes/schemes such as SGSY, PMEGP, SJSRY, Employment Generation Programmes etc.
  • To review Credit: Deposit Ratio, Priority Sector Advances, advances to weaker section, financing of minority communities etc.
  • To undertake/ entrust study of any specific problems in implementation of Lead Bank Scheme, Services Area Approach, Development Programmes, etc. by appointing Study Groups comprising of representatives of ¾ banks and Govt. departments more intimately concerned with the problems or having greater expertise at their command.


The entire group of islands is considered as one district for lead bank purposes. Syndicate Bank is the lead bank and convenor of the Union Territory of Lakshadweep Bankers’ Committee. Syndicate Bank has opened its first branch at Kavaratti in 1971 and is operating throughout the UTL with nine branches in nine major islands. State Bank of India opened its first branch in April 2005 at

Contact us

Deputy General Manager
Syndicate Bank, Regional Office,
Pioneer Towers, 1st Floor,
Shanmugam Road
Ernakulam – 682031.
0484 - 2367063 / 2360035 / 2369090


Copyright © Syndicate Bank - Union Territory Level Banker’s Committee, Lakshadweep Islands