DLRC-DCC meeting reviews bank performance in Samba

Samba, July 10: Deputy Commissioner Samba, Rajesh Sharma Thursday chaired the District Level Review Committee (DLRC) and District Consultative Committee (DCC) meeting for the quarter ending March 2025 at the DC Office, Samba.A statement issued here that the meeting was convened to review the performance of banks operating in the district with respect to Deposits, Advances, Credit-Deposit (CD) Ratio, and the progress made under the Annual Credit Plan (ACP) for the financial year 2024–25.Presenting the financial status, the Lead District Manager (LDM) informed the house that as on 31st March 2025, banks in Samba district had recorded total deposits of ₹8243.19 crore and advances of Rs 4883.50 crore, resulting in a CD Ratio of 59.24%. Under the ACP 2024–25, banks collectively achieved Rs 3464 crore against a target of Rs 2350 crore, registering an impressive 147 percent performance. In sectoral achievements, banks disbursed Rs 1756 crore under the Priority Sector against a target of Rs 1987 crore (88 percent), while under the Non-Priority Sector, disbursement stood at Rs 1708 crore against the target of Rs 362 crore, marking a remarkable 471 percent achievement. DC Sharma conducted a comprehensive review of various Government Sponsored Schemes (GSS), with particular focus on PMEGP, JKREGP, KCC, HADP, PMAY, NRLM, NULM and others. He underscored the imperative of achieving 100 percent digitalisation of bank accounts and urged all banks and sponsoring agencies to intensify outreach efforts and raise public awareness regarding self-employment and financial inclusion schemes. The meeting was convened by Subash Chander, Lead District Manager, Samba and witnessed participation from Additional Deputy Commissioner Samba, Gurpreet Singh, LDO RBI, DDM NABARD, officials from civil administration, District Coordinators of J&K Bank, SBI, PNB, JKGB, representatives from other banks and officers of various sponsoring government departments and agencies.