A meeting of District Level Review Committee and District Consultative Committee (DLRC/DCC) for the Quarter ending September 2018 of Jammu district was chaired by District Development Commissioner Jammu, Ramesh Kumar, here today.The meeting took stock of the performance of banks with regard to achievement under Annual Credit Plan of 2018-19 and also the position of Deposits, Advances and CD Ratio.Lead District Manager informed the house that deposits of the district are Rs 38281.44 crore and advances Rs 11760.00 crore as on September 2018 The C.D. Ratio of the district stands at 30.72%.The DDC stressed upon the concerned to increase the C.D. Ratio by forming a working group of Banks and line departments. Banks were asked to simplify the procedure of lending.He also stressed on the fact that Financial Literacy camps should be held in collaboration with Banks and government departments under intimation to Chairman Office on a regular basis and 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, J&K Rural Employment Generation Programme and 100% coverage under KCCs.
Kumar also suggested that Lead Bank should draw a calendar for organizing product specific camps like Financial Inclusion, housing loan melas, Education fairs, MSME seminars etc so that awareness about such facilities is disseminated to specific target groups in coordination with government departments, especially BDOs.The meeting also had a detailed review of all the government-sponsored schemes with special focus on PMEGP.Later, DDC unveiled the Potential Linked Plan of NABARD for Jammu District for the Year 2019-20, on the basis of the Plan, banks in Jammu District will be allotted District Credit Plan targets for the financial year 2019-20. Among others, Director RSETI, officials from RBI, DDM, NABARD, District Coordinators of JK Bank, PNB, JKGB, and representatives from all other Banks and government departments were also present in the meeting.