The District Consultative Committee Meeting was convened virtually by the Lead Bank Office, Punjab National Bank at LDM office, Mohali to review the progress of the Banks for the quarter ending 31 March 2020 which was attended by District Coordinators of all Banks of the District. The meeting was chaired by Yashpal Sharma, Assistant Commissioner SAS Nagar, co-chaired by Sunil Bratt, AGM,PNB Circle Head, SAS Nagar. On the occasion, the Chief LDM Hamender Jain, discussed the Annual Credit Plan (ACP) Targets and achievements.The target of 10 MUDRA and 15 Self-employment loans to each branch in the district has been allocated by Assistant Commissioner who also stressed upon the Prime Minister’s Employment Generation Programme (PMEGP) targets in the meeting for the self-employment schemes. He further pressed upon sanction of standup India loans at least two cases per branch by banksto increase the credit flow / loans in the district.
The Chief LDM informed that the district has surpassed the PrioritySector target 49.99 percent against the national goal of 40 percent.The Credit Deposit Ratio improved 65.23 percent against the national goal of 60 percent. Under Prime Minister Mudra Yojna, 20863 benficiaries havebeen sanctioned loan upto 31.03.2020. Under Pradhan Mantri Suraksha Bima Yojana(PMSBY)128466 and Pradhan Mantri Jeevan Jyoti Bima Yojana(PMJJBY) 42255 beneficiaries had been covered upto31.03.2020. The Chief LDM also urged the banks to give special focus on social schemes like PMSBY, PMJJBY and Atal Pension Yojana (APY).The DDM NABARD Sanjeev Kumar Sharma, discussed the pre PotentialLinked Plan(PLP)for 2021-22, and advised all the DCOs, Govt.Department to give their views. Mr.Krishna Biswasa, LDO RBI discussed the latest circulars and the COVID-19 relief during the DCC Meeting and stressed upon the timely submission of Lead Bank Returns (LBRs) .Mr. Bratt, AGM, PNB, Circle Head thanked all the bankers and also ensured the Administration to meet the targets in the next quarter meeting.