Excelsior Correspondent
JAMMU, Oct 15: District Development Commissioner Jammu Sushma Chauhan today reviewed the performance of banks at District Level Review Committee/District Consultative Committee (DLRC/DCC) meeting for the quarter ending June 2019.
The achievement under Annual Credit Plan of 2019-20 and the position of Deposits, Advances and CD Ratio were reviewed in detail.
Chief Planning Officer Yoginder Singh Katoch, Lead District Manager (LDM), District Jammu, Suresh Kumar Raina, DM DIC, AGM RBI, DDM NABARD, District Coordinators of J&K Bank, PNB, JKGB and representatives of commercial and private Banks and Government Departments were also present in the meeting.
Lead District Manager, informed that the deposits in the district were recorded at Rs 41770.70 crore and Advances at Rs 13137.90 crore as on June 30, 2019. The C.D Ratio of the District was 31.45%.
District Development Commissioner stressed upon the banks to increase the C.D Ratio by forming a working group of banks and line departments to avoid any kind of bottleneck. The banks were asked to simplify the procedure of lending. A subcommittee under the chairmanship of LDM was constituted to review CD ratio of the district.
The DDC stressed on holding Financial Literacy Awareness Camps in coordination with Banks & Government Departments under intimation to Chairman office on a regular basis. She said the camps may also be utilized by the Banks for creating awareness amongst the people about the financial literacy, PMEGP, Housing for all, Pradhan Mantri Mudra Yojna and PM Social Security Schemes.
The DDC also suggested that Lead Bank should draw a calendar for organising product specific camps like Financial Inclusion, Housing Loan Melas, Education Loan fairs, MSME seminars etc so that awareness about such facilities is disseminated to specific target groups in coordination with Government Departments.
The meeting had also a detailed review of all the Government Sponsored Schemes with special focus on PMEGP Schemes / Agriculture & allied activities.
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