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| J&K Bank convenes 40th DLRC meeting | | | Early Times Report
Srinagar, Apr 30: J&K Bank convened the 40th District Level Review Committee (DLRC) meeting of Budgam district on April 28.
District Development Commissioner (DDC) Budgam Mohammad Rafi chaired the meet. The meeting was attended by Mohd. Akbar Ganaie , JD Planning/CPO Farooq Ahmad Yaswi , (NABARD) representative DesRaj, RBI Manager Dinesh Chandra and J&K Bank Cluster Head-IV Abdul Hamid Khan.
The Chairman DLRC appreciated all the Banks and all the concerned departments for achieving more than 100% lending against the target fixed for the financial year 2011-2012.
He said, "It is for the first time that the targets fixed under credit plan have been surpassed."
Earlier, Lead District Manager Mohammad Yaqoob welcomed the participants and briefed them about the achievement of banks operating in the district for the financial year 2011-2012 under the District Credit Plan.
He said, "The district has registered a credit dispensation of Rs 132.95 Crores during the year under priority sector and Rs 39.96 Crores under non-priority sector.
"Agriculture sector received a credit of Rs 13.74 Crores, while as MSMEs received a credit of Rs. 43.71 Crores, Micro sector Rs 7.94 Crores, Education Rs 6.12 Crores and Housing Rs 65.70 Crores."
The meeting emphasized that the target of Rs. 165.00 Crores fixed for the current financial year 2012-2013 shall also be achieved so that more and more beneficiaries are benefitted particularly weaker section of the society.
However, the meeting stressed upon the Banks to achieve the targets fixed for Kissan Credit Cards (KCC) so that the facility helps to boost the agricultural sector which is backbone of the district economy. The meeting concluded with vote of thanks from the Chairman DLRC. |
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