The Maharashtra government has rejected allegations that nationalised banks in Washim district are denying crop loans to farmers on the basis of CIBIL scores, stating that no such case has been reported by the Lead District Manager.
The clarification came in the State Assembly after concerns were raised over banks allegedly ignoring the Chief Minister’s directions against making CIBIL scores mandatory for crop loans.
The government reiterated that banks have been instructed through the State Level Bankers’ Committee (SLBC) to sanction crop loans without insisting on CIBIL scores and maintained that no verified instance of a loan rejection on this ground has come to its notice.
Interestingly, official data highlights the strong performance of the cooperative sector. As of June 19, 2026, the Washim District Central Cooperative Bank had achieved 74.2% of its kharif crop loan target, far ahead of nationalised banks (20.86%), private banks (18.26%), and Maharashtra Gramin Bank (36.54%), underscoring the pivotal role of cooperative banks in ensuring timely agricultural credit.