Early Times Report
RAJOURI, Sept 24: Lead Bank office convened a DLRC meeting of bankers and district heads of government departments here today in which the performance of bank was reviewed.
According to press release, the meeting was chaired by Deputy Commissioner Jitendera Kumar Singh and attended by Dinesh Gupta AGM RBI, District Officers of line department and bankers.
The meeting reviewed the performance of banks in key areas relating to deposits, advances under priority sector, financial inclusion being done, financial literacy programmes being conducted, CD ratio, progress under Government Sponsored Schemes for the quarter ended June 2014.
LDM Anoop Bhat briefed the house about the achievement of banks under Annual action plan 2014-15. Annual targets of 28058 set for priority sector advance for 2014-15 and achievement as on 30-06-2014 stood at 3713 lakhs out of which Rs 1184 lakhs was disbursed under Agriculture sector, Rs 1029 lakhs under micro and small enterprise, Rs 18.50 lakhs under Education and Rs 192 lakhs under Housing sector.
Jitendera Kumar Singh had a thread bare review of banker's performance. He expressed his dissatisfaction over the performance being show by the banks for the quarter of June 2014.
He said, that the performance of the banker is "very poor and pathetic" and ask them to individually explain the reason for such performance with low financial inclusion, poor flow of GLC, even CD targets being projected for the banks are not achieved, in which SBI shows the least CDR as on 31-03-2014 of about 9.80 % followed by PNB at 10.28%.
DDC told bankers that you are accountable to the CDR target being given to you and asked them to make a specific plan to achieve that target rather than carrying the casual approach. |
