JAMMU, Feb 12: A meeting of District Level Review Committee cum District Consultative Committee of the district was convened by the Lead Bank office, State Bank of India at PWD Guest House under the chairmanship of District Development Commissioner, Jammu Ajeet Kumar Sahu today. The meeting reviewed performance of banks with regard to achievement under Annual Credit Plan of 2014-15 and the position of Deposits, Advances and CD Ratio for the quarter ending December 2014. At the outset, Lead District Manager, State Bank of India Jawahar Koul informed the house that deposits of the district were Rs.23579.46 crores and Advances was Rs.7394.84 crores, as on 31.12.2014. The C.D. Ratio of the district was 31.36%. Under ACP-2014-15, the achievement of banks was 39.45% against the annual target of Rs.5650.07 crores, the achievement was Rs.2229.19 crores. The Chairman expressed his unhappiness about the performance of the banks and instructed all the Banks to redouble their efforts in the last Quarter of FY 2014-15 so that annual targets are achieved by 31.03.2015 Koul informed the house that 229 Financial Literacy Camps were organized by the rural branches of banks in the district up to December 2014. The chairman stressed on the fact that FLC camps should be held on a regular basis so that the bank coverage achieved under Pradhan Mantri's Jan Dhan Yojana scheme is further strengthened. The meeting was attended by Deputy Director (Planning and Statistics) Shasi Bala, Assistant Commissioner (Development) Suram Sharma, Chief Planning Officer G.L. Sharma, AGM RBI Ravinder Koul, State Project Manager, JKSRLM (Umeed) Madan Gupta and representatives from banks and government Departments. The DDC asked the concerned authorities to make strenuous efforts to achieve the set targets so that the benefit should reach to the deserving lot. |