To review the performance of Banks and RSETI in regard to achievement under Annual Credit Plan of 2015-16 & Annual Action Plan 2015-16, a meeting of District Level Review Committee (DLRC), District Consultative Committee (DCC) and Local Advisory Committee for RSETI, for the quarter ended December 2015 for Doda District was convened by the State Bank of India, Lead Bank Office, under the Chairmanship of Mohd Hanief Malik, Additional Deputy Commissioner.LDM, V.K. Koul, apprised that the deposits and advances of all Commercial Banks as on 31stDecember 2015 stood at Rs.1326.31 Crores and Rs. 437.90 Crores respectively, thus achieving CD Ratio of 33.02 % up from 32.31% of the last quarter. The Chairman expressed his dissatisfaction over the CD Ratio achieved. He directed the Banks to make vigorous efforts to achieve the CD ratio above 40%. The Lead District Officer RBI Ram Kumar also stressed upon the issue of the CD ratio for its marked improvement and advised the Banks to achieve the desired CD Ratio of 60% in phases over a period - CD Ratio of 50% by March 2016, 55% by March 2017 and 60% by March 2018.
The ADC expressed his concern about the tardy progress made by banks to achieve the 100% Financial Inclusion. He directed all the banks to adopt multi pronged holistic approach to make their outreach possible in the far flung villages which are mostly unbanked. He further said that the financial Inclusion is a process of ensuring access to financial services and timely and adequate credit where needed by vulnerable groups such as weaker sections, rural women and lower income groups at an affordable cost.He stressed to cover all the households and open maximum accounts under Social Security Schemes PMSBY, PMJJBY, APY announced by Prime Minister.The meeting had a detailed review of all Govt. Sponsored Schemes with the focus on NRLM, PMEGP, NULM, MSME, SHGs, DIR , KCC, DEDS, HANDICRAFT, HANDLOOM, JLGs and women beneficiaries.
The ADC further called upon all the line departments and banks to galvanize their efforts and to give a boost to the rural credit dispensation particularly through KCC, SHG, DEDS, JLGs and Farmer’s Clubs. He observed that the position of NPAs in some Banks is alarming and assured all possible administrative help for recovery of the same.The Director, RSETI informed the house that out of 1075 entrepreneurs trained so far, 684 entrepreneurs have been settled and are earning their livelihood. The Director also raised the issue of land for RSETI Doda. SDR Report, NACER Review was placed before the House & Annual Action Plan 2016-17 was approved.The ADC enjoined upon all Banks and Govt. Deptts. to make an earnest endeavor to enhance the flow of credit and improve their efficiency parameters so that the common man who is centre of activities concerned is benefitted under various Govt Sponsored Schemes.The meeting concluded with a vote of thanks to the Chair by Sh. D.L. Thapa CM SBI.