The state has a credit deposit ratio or loan assets created by banks from deposits received at about 32 per cent.

Addressing the State Level Bankers' Committee (SLBC) meeting in Patna on Friday evening, Chakrabarty said the state must adopt a "business-like approach with focused agenda" to discuss and resolve all banking problems and find out the reasons for low credit flow.

"It will be better to discuss the issue to resolve the problems," he said, adding that the meeting must be more business like instead of making speeches and leaving the matter to ministers.

Chakrabarty said banks have to reach every family in villages with more than 2000 people within the planned, targeted period, and every family ought to have at least one Kisan Credit Card (KCC).

He said the state cannot take refuge in the fact that it does not have good educational institutes for poor off-take of loans.

"Education loans are being given to students who read in Delhi, Bangalore and other big cities. The alibi that Bihar has no good institution, is not tenable. Banks are doing good, but a lot more is needed to be done. The credit must flow. The cash deposit ratio has to improve," the RBI deputy governor said.