DLRC meeting reviews performance of banks

Excelsior Correspondent

JAMMU, June 28: Deputy Commissioner Jammu, Kumar Rajeev Ranjan today chaired the meeting of District Level Review Committee (DLRC) and District Consultative Committee.
The meeting was attended by Lead District Manager (LDM), SBI, Bhupinder Singh, Chief Planning Officer, B L Sharma, AGM RBI, Vikram,  DDM NABARD , Aman Kalsotra, Prof Dipankar Sen Gupta besides senior functionaries of the concerned banks and departments.
During the meeting, detailed discussions were held on CD ratios of the banks, identification of beneficiaries, KCC loan cases, flow of credit, steps taken to realize doubling of farmers’ income by 2022, assistance under Government sponsored schemes, SME financing, progress under SHG-Bank linkage, performances of banks under District Credit Plan (DCP), achievements of SBI RSETI, monitoring initiatives, Credit Plus activities, setting up of Financial Literacy Centres (FLCs) and many alike.
Stressing on spreading financial literacy among the masses, the DC instructed the banks to prepare calendar for awareness camps and directed the concerned departments to install informative stalls regarding benefits of various welfare schemes.
The DC asked the banks and the concerned departments to motivate and identify maximum number of potential beneficiaries under centrally sponsored schemes such as MUDRA, PMJJBY, PMSBY and many more.
The DC directed the banks to submit the branch wise report of rejected loan cases with reasons for rejection. He further asked them to sort out KCC loan cases. He asked the banks to intimate concerned agencies and departments before rejecting the loan cases.
The DC directed the banks to submit block and category wise CD ratio report and take necessary action against the branches with low CD ratio. He asked the agriculture department to identify entrants who can establish the fodder banks.