Excelsior Correspondent
RAJOURI, Mar 9: J&K Bank convened a District Level Review Committee (DLRC) meeting of Rajouri under the chairmanship of DDC Rajouri Saugat Biswas.
The meeting was attended by AGM (RBI) Gopal Dass, DGM NABARD Des Raj, district officers of line department and bankers.
Lead District Manager Arvind Kapoor briefed the house about the achievement of banks under Annual action plan (2012-13) during the quarter ended December 2012. He said, “Against annual target of Rs 149.52 crore, the banks achieved target of Rs.90.40 crore out of which Rs 44.86 crore were disbursed to agriculture sector, Rs 27.47 crore to small scale industries, Rs 1.79 crore under micro credit, Rs 0.72 crore to education and Rs 15.56 crore to housing sector.”
Deposits of the district have risen to Rs 1698.90 crore from Rs 1581.32 crore and advances have increased to Rs 393.21 crore from 375.76 crore over last quarter.
Reviewing the performance of banks Chairman DLRC Saugat Biswas directed them to improve CD Ratio by lending liberally. He urged the Agriculture Department to provide KCC to every farmer and complete the exercise before the end of March.
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