Excelsior Correspondent
LEH, May 24: Deputy Commissioner, Leh, Santosh Sukhadeve, also Chairman District Level Review Committee (DLRC) and District Consultative Committee, Leh here today chaired the meeting of DLRC for quarter end March 2024.
Lead Bank Manager, District Leh, Tsering Wangmo apprised the DC about CD ratio and added that the total deposits as on March 2024 stood at Rs 5901.50 Cr as compared to Rs 5637.82 Cr on December 2023.
She further added that total credit as on March 2024 stood at Rs 2813.48 Cr as compared to Rs 2795.23 Cr on December 2023 showing a credit growth of 100.65 Cr on quarter basis, thus CD ratio for quarter March 2024 was increased by 1.91 per cent.
District Development Manager, NABARD Leh, Tsewang Dorjay presented the booklet of Potential Linked Credit Plan 2024-25 to the DC.
The DC instructed all banks to adhere to the targets set for them especially in the category of Social Security Schemes and to achieve these by next quarter.
He also instructed all banks to ensure functioning of digital payment systems, especially through mobile applications.
Additionally, DC Leh directed all the banks to conduct awareness camps in summer season itself and achieve target as during winters there is unavailability of people.
Lead District Officer, Neha Mattoo instructed all the banks to go through the Potential Linked Credit Plan thoroughly.
The meeting deliberated on the bank-wise performances under different sectors such as Priority and Non-Priority categorized further into sub-sectors which included agriculture, agriculture infrastructure, MSME, education, housing, social infrastructure, renewable energy and others.
The performances of banks under various Government Sponsored Schemes including PMEGP, KCC, MUDRA, Stand-Up India, PMSBY, PM SVA Nidhi, NULM, NRLM and PMFME was also reviewed.
Representatives of CRISIL foundation operating Centers for Financial Literacy spoke about the centers that they have set up in various blocks and requested the banks to collaborate with them during field visits.
The meeting was attended by ADDC Leh, Sonam Nurboo, branch heads and representatives of 18 public and private banks operating in Leh.
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