Sunday, 03 July 2022

 

 

LATEST NEWS Police Golf Course thrown open with DGP’s ‘Tee Off’ Shri Gou Gopal Paryavaran Sammelan Police arrests 02 notorious drug peddlers in Pulwama Police Hospital Jammu celebrated National Doctor's Day One month Re-Orientation Course" for all In-Charge M.I Rooms of Armed & IR Battalions of Jammu province concludes Mansukh Mandaviya to Pharma Industry: Time to move from ‘Volume’ to “Value’ leadership to capture global market Dr. Jitendra Singh calls for promoting StarUps in "carbon neutral" building construction and linking them with industry to help India achieve 500GW non-fossil energy capacity by 2030 Dharmendra Pradhan visits IIT Hyderabad, inaugurates a slew of facilities for strengthening research, innovation and entrepreneurship Rajnath Singh dedicates to the nation new manufacturing facilities at Bharat Dynamics Limited, Bhanur Minister Rajeev Chandrasekhar visits UK PM Boris Johnson along with Startups, Unicorn Heads from India NITI Aayog releases ‘Mitigation and Management of COVID-19: Compendium of Ayush-Based Practices from Indian States and Union Territories’ Ram Chandra Prasad Sigh Exhorts NMDC to Enhance Exploration of Minerals using latest Technology and best Industry Practices Ram Chandra Prasad Singh Highlights Immense Possibilities of Utilization of Waste Generated during Mining, Steel Manufacturing Process and end of life products Punjab Chief Minister Bhagwant Mann Launches Honey Coated ‘Corn Flakes’ Produced By Markfed Uorfi Javed Shows Her Injured Neck After Sharing Her Photo In Chain Dress. Says, ‘See The After Effects’ DDC Reasi reviews developmental achievements under Capex Budget plan 2022-23 DDC reviews skill development activities in Rajouri Achieve development targets on time with tangible results on ground: DDC Rajouri DDC reviews drinking water supply scenario in Rajouri Regional Transport Authority approves e- Rickshaw permits Workshop on Establishment of New Fruit Plant Nurseries held at Maralian

 

Mir Zahoor Ahmad conducts surprise inspection of SCARDB regional office, takes stock of functioning

Stresses on improving recovery, deposit mobilization, lending & NPAs reduction

Rouf Pampori

Rouf Pampori

5 Dariya News

Jammu , 15 Mar 2018

Minister of State for Forest, PHE, Irrigation & Flood Control, Cooperative, Animal Sheep Husbandry and Fisheries, Mir Zahoor Ahmad today conducted surprise inspection of Regional Office Jammu of Jammu and Kashmir State Cooperative Agriculture and Rural Development (SCARD) Bank.During his visit, the Minister took a brief review of the working of the Bank at meeting of its officers.The Minister stressed upon the Management of the Bank to improve the recovery to improve the financial position of the bank. “The performance in Recoveries, Deposit Mobilization, Lending and reducing of NPA’s should be tagged as thrust areas” the Minister asked.The Minister held that there is a need to provide loans to the maximum agriculturists of the State for which, he said the Bank authorities have to work with utmost dedication and put all out efforts to make it a profitable venture. He also urged upon them for quick and timely removal of bottlenecks for the smooth execution of schemes, strengthening of bank network for uplift of farmers and weaker sections of the society and minimizing inconvenience to the people.

During the meeting, the Minister was briefed about the overall financial position of the bank. It was informed that the bank has shown considerable improvement as compared to previous years in almost all the financial indicators. Detailed discussion was also held on various issues including availing of loan from National Cooperative Development Corporation (NCDC).The Minister assured the bank authorities that every possible help will be provided by the Government for strengthening the JKSCARD bank. He asked the concerned to ensure timely disbursement of credit to the deserving persons on first cum first basis.The Managing Director of the Bank, Mohammad Aslam Bhat briefed the Minister that the bank has increased its business and has achieved almost 210 percent of growth during last five years.

Giving the details about recovery, it was informed that the bank has taken steps for effective follow up of sticky and long outstanding loan accounts. With the improvement in its condition, the bank has started intensive follow up of recovery of long outstanding over dues and with the result the Recovery performance which was 40.07 per cent in the year 2013-14 has reached to 45.81 percent during the year 2016-17 as on 30.06.2017.It was further given out that the Bank has also Mobilized Deposits from depositors since January 2009 to the tune of more than Rs 200 crore.The Minister was further informed that the bank has released gratuity and other retirement benefits to the employees retired under SRO 233 to the tune of more than Rs 20 crore till date.It was also informed that the Bank is providing Long Term Credit for Farm mechanization which include purchase of Tractors, Power Tillers, Thrashers, Horticulture, development of Minor Irrigation, Land Development, Dairy, Poultry and Sheep rearing besides other schemes of Allied Agricultural activities like purchase of bullocks, establishment of mule farms and Rabbit rearing.

 

Tags: Mir Zahoor Ahmad

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD