|Early Times Report|
JAMMU, Oct 15: District Development Commissioner Jammu Sushma Chauhan today reviewed the performance of banks here at District Level Review Committee/ District Consultative Committee (DLRC/DCC) meeting for the Quarter ending June 2019.
The achievement under Annual Credit Plan of 2019-20 and the position of Deposits, Advances and CD Ratio were reviewed in detail.
Chief Planning Officer Yoginder Singh Katoch, Lead District Manager (LDM), District Jammu, Suresh Kumar Raina, DM DIC, AGM RBI, DDM NABARD, District Coordinators of J&K Bank, PNB, JKGB and representatives of commercial and private Banks and Government Departments were also present in the meeting.
Lead District Manager, informed that the deposits in the district were recorded at Rs 41770.70 Crore and Advances at Rs 13137.90 Crore as on June 30, 2019. The C.D Ratio of the District was 31.45%.
District Development Commissioner stressed upon the Banks to increase the C.D Ratio by forming a working group of Banks and line Departments to avoid any kind of bottleneck. The Banks were asked to simplify the procedure of lending. A subcommittee under the chairmanship of LDM was constituted to review CD ratio of the district. The meeting had also a detailed review of all the Government Sponsored Schemes with special focus on PMEGP Schemes / Agriculture & allied activities.