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September 18, 2020 02:00:00 | RK News

Performance of banks reviewed at DLRC meeting in Jammu

 A meeting of District Level Review Committee/District Consultative Committee (DLRC/DCC) for the quarter ending June 2020, was Thursday held at Deputy Commissioner’s office to review the performance of banks in deposits, advances, CD ratio, and achievement under annual credit plan for the FY 2020-21.

The meeting also reviewed the progress under various government sponsored and social security schemes.

The meeting was chaired by additional district development commissioner, Ramesh Chander and convened by lead district manager (LDM),Suresh Kumar Raina.

The meeting was attended by LDO RBI, DDM NABARD, chief agriculture officer, chief animal husbandry officer, district sheep husbandry officer, AD fisheries, district coordinators of J&K bank, SBI, PNB, JKGB, EDB, representatives of other banks and officials of other sponsoring government departments and agencies.

LDM informed the house that banks operating in Jammu district have recorded deposits of Rs 47,354 crore and advances of Rs 14,008 crore as on June 30, 2020.

The CD ratio of the district was 29.58 percent. The achievement of banks in the district under annual credit plan 2020-21 stood at Rs1293 crore against annual target of Rs 9763 crore recording growth of 13.24 percent as on 30.06.2020.

Under priority sector the achievement by banks stood at Rs 875 crore against annual target of Rs 6830 crore recording growth of 12.81percent, while as under non-priority sector the achievement was Rs 418 crore against annual target of Rs 2934 crore recording a growth of 14.25 percent.

Under Atma Nirbhar Bharat Abhiyan 26282 new cases were sanctioned under KCC crops and 9520 cases under KCC AH&F till 14.09.2020.

The ADDC took an extensive review of Government sponsored schemes with special focus on KCC, PMAY, PMEGP, JKREGP, NRLM, NULM, etc. He directed the agriculture and animal husbandry department to sponsor KCC cases aggressively to ensure 100 percent coverage of all farmers.

He advised all sponsoring agencies and banks to spread awareness among people about various self-employment schemes launched by the Government and motivate them to avail the benefits of these schemes for generating self-employment opportunities in the district.

He directed all the banks to clear the pending cases sponsored by different goverment departments, agencies at the earliest and give a boost to lending, particularly under agriculture and allied activities, MSME, housing and education sectors, to achieve a healthy CD ratio.

He also directed the banks to cover all eligible persons under social security schemes viz PMSBY, PMJJBY and APY.

 

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September 18, 2020 02:00:00 | RK News

Performance of banks reviewed at DLRC meeting in Jammu

              

 A meeting of District Level Review Committee/District Consultative Committee (DLRC/DCC) for the quarter ending June 2020, was Thursday held at Deputy Commissioner’s office to review the performance of banks in deposits, advances, CD ratio, and achievement under annual credit plan for the FY 2020-21.

The meeting also reviewed the progress under various government sponsored and social security schemes.

The meeting was chaired by additional district development commissioner, Ramesh Chander and convened by lead district manager (LDM),Suresh Kumar Raina.

The meeting was attended by LDO RBI, DDM NABARD, chief agriculture officer, chief animal husbandry officer, district sheep husbandry officer, AD fisheries, district coordinators of J&K bank, SBI, PNB, JKGB, EDB, representatives of other banks and officials of other sponsoring government departments and agencies.

LDM informed the house that banks operating in Jammu district have recorded deposits of Rs 47,354 crore and advances of Rs 14,008 crore as on June 30, 2020.

The CD ratio of the district was 29.58 percent. The achievement of banks in the district under annual credit plan 2020-21 stood at Rs1293 crore against annual target of Rs 9763 crore recording growth of 13.24 percent as on 30.06.2020.

Under priority sector the achievement by banks stood at Rs 875 crore against annual target of Rs 6830 crore recording growth of 12.81percent, while as under non-priority sector the achievement was Rs 418 crore against annual target of Rs 2934 crore recording a growth of 14.25 percent.

Under Atma Nirbhar Bharat Abhiyan 26282 new cases were sanctioned under KCC crops and 9520 cases under KCC AH&F till 14.09.2020.

The ADDC took an extensive review of Government sponsored schemes with special focus on KCC, PMAY, PMEGP, JKREGP, NRLM, NULM, etc. He directed the agriculture and animal husbandry department to sponsor KCC cases aggressively to ensure 100 percent coverage of all farmers.

He advised all sponsoring agencies and banks to spread awareness among people about various self-employment schemes launched by the Government and motivate them to avail the benefits of these schemes for generating self-employment opportunities in the district.

He directed all the banks to clear the pending cases sponsored by different goverment departments, agencies at the earliest and give a boost to lending, particularly under agriculture and allied activities, MSME, housing and education sectors, to achieve a healthy CD ratio.

He also directed the banks to cover all eligible persons under social security schemes viz PMSBY, PMJJBY and APY.