Excelsior Correspondent
SRINAGAR, Feb 27 : J&K Bank convened the District Level Review Committee (DLRC) meet at Rest House Chawalgam in Kulgam.
District Development Commissioner (DDC) Kulgam Jahangir Ahmad Mir chaired the review meeting, which was attended by almost all the line departments and district coordinators of banks and financial Institutions.
While highlighting the achievements made under District Credit Plan (DCP), Lead District Manager (LDM) Ghulam Nabi Dar said the total Credit extended under Priority and Non-priority sectors amounts to 129.54 crore disbursed among 14224 beneficiaries.
The Banks have disbursed Rs 112.18 cr to Priority Sector among 13,177 beneficiaries constituting 84% of total lending. Out of the disbursement, Rs 77 crore constituting 64% have been extended to agriculture sector to 10800 beneficiaries. Under Housing sector Rs. 3.12 crore have been extended to 109 beneficiaries.
Banks have disbursed 64.55 crore among 8866 beneficiaries under KCC scheme.
Under Non- Priority Sector 17.34 crore have been disbursed among 1047 beneficiaries.
Banks have so far lent Rs 319 crore in the district, wherein J&K bank alone has contributed 78% of the total lending. The CD Ratio of the district is 49.91%.
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