DDC Ramban performance of banks at DLRC meeting

Seeks increased lending in priority sectors

5 Dariya News

Ramban 09-Mar-2021

District Development Commissioner, Ramban, Mussarat Islam today reviewed the performance of banks for the quarter ending December, 2020 here at the District Level Review Committee (DLRC) meeting.The meeting took stock of the deposits, advances and the C D Ratio targets, besides confirming the minutes of the last meeting formulated by the Lead Bank Manager Ramban.The Committee also approved Annual Credit Plan of Rs. 562 crore for the financial year 2021-22 under priority and Non priority sector.The meeting was attended by Lead District Manager, Shakeel Ahmed Bhat; Cluster Head JK Bank, Subash Manhas; DDM-NABARD, Arushi Sharma; Chief Agriculture Officer, Chief Horticulture Officer, District Sheep and Animal Husbandry Officers, bankers and other officers of the line departments.It was informed in the meeting that banks recorded Rs 1626 crore deposits, Rs 763 crore advances, while the CD Ratio registered an increase of 2.70% and stood at 46.92%, till December end.While reviewing CD ratio, the DDC directed the bankers to double their efforts to increase lending, especially under priority sector to achieve 100% targets and also improve the CD ratio which is comparatively lower. He directed the revenue officers to finalize a suitable piece of land for establishing RSETI Ramban and Cluster Head, J&K Bank was directed to take up the decision of committee with higher authorities for opening of new bank branches at Block Gandhri, Gundidhram and village Kanthi.The DC asked the bankers and officers of allied department to achieve the 100% target in providing Kisan Credit Card (KCC) to all the farmers especially registered under PM KISAN scheme in the district. He directed the officers and bankers to expedite the sanction and disbursements of loan in favour of unemployed youth under different employment scheme.The DC directed the bankers to ensure proper implementation of PM-SVANidhi scheme in the district to empower street vendors by providing collateral-free working capital loans up to Rs.10, 000/- per annum. The DDC further directed the bankers to ensure 100% financial inclusion of masses  under different Social Security Schemes (SSS) of GOI including  MUDHRA, Atal Pension Yojna, besides taking steps for effective implementation of  PMJDY, PMJJY, PMSBY, PMAPY and providing loans under other financial assistance schemes to people for establishing their business units.