Chief Minister N. Chandrababu Naidu has directed banks to ensure timely credit flow to farmers for the Kharif season, cautioning that loans disbursed at the end of the season serve little purpose.

Chairing the 232nd State-Level Bankers’ Committee (SLBC) meeting at the Secretariat on Tuesday, he stressed that banking policies must adapt to the changing global economy and support India’s vision of becoming a strong economic power by 2047.