Excelsior Correspondent
SRINAGAR, Feb 2: All the banks operating in district Poonch have disbursed loans to the extent of Rs110.41 crores to 6240 beneficiaries, during the first three quarters of financial year 2014-15, which is 38.53 percent of the total target for the financial year.
The highest contribution in credit dispensation has been of J&K Bank which alone has disbursed an amount of Rs 88.81 crores to 3642 beneficiaries which is 80 percent of the total achievements under Annual Credit Plan.
This was revealed in District Level Review Committee meeting held in Poonch to review the performance of various banks and Govt sponsoring agencies for the third quarter of the financial year 2014-15 ended December 31, 2014 under the chairmanship of M Hussain Malik, Distt Development Commissioner Poonch. Lead District Manager Poonch, M.Shafi Ayaz was also present on the occasion.
DDC urged on the banks to double their efforts for achieving the ACP targets. “Accelerate your efforts to come to the level of other banks especially J&K Bank”, DDC said.
Meanwhile, Bank’s RSETI Bandipora was recently felicitated for its outstanding performance. District Development Commissioner Bandipora Dr Shah Faisal presented the award to Mir Pervaze Ahmad, Director RSETI at the Republic Day function held in the district headquarters on January 26.
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