The meeting reviewed the flow of GLC, performance of banks in key areas relating to deposits, advances under priority sector, lending for the quarter ended June 2014.
Er.Narinder Singh Bali, ADDC, Kathua, A K Angurana, AGM, RBI, Aman Kalsotra, AGM(DD), NABARD, Kathua, Vijay Padha, LDM, SBI, Kathua Dr.Noor Alam, Project Officer, DRDA, Kathua, Dr Surjit, Chief Animal Husbandry, among others attended the meeting.
The prominent bankers who attended the meeting were Shireesh Sharma, Cluster Head, J&K Bank, Kathua, Kapileshwar Dogra, Assistant Vice President, J&K Bank, Kathua, K L Sharma, Area Manager, JKGB, O P Sharma, District Manager, JCCB, Kathua and other district officers.
Dr. Shahid Iqbal Chaudhary had a thread bare review of Annual Credit Plan, CD ratio with regard to the Self Employments schemes under JKSES /SC-ST-OBC / KVIB / KVIC / DIC / SJSRY / Handloom / Handicraft, with special emphasis on KCC & financial inclusion.
He advised all banks and agricultural department to complete the 100% coverage of farmers under KCC. He emphasized upon the banks to expedite cases for linkage under various schemes and achieve the allocated targets for 2014-15. Under Jan Dhan Yojana, he desired that all the accounts should be opened on priority as it is the major thrust of Government of India.
Er. Narinder Singh Bali, ADDC, Kathua appreciated that the district has achieved the minimum CD ratio of 40% which currently stands at 40.49%. He desired that RBI stipulation of 60% should be the new benchmark of CD ratio in the district. He impressed upon the banks & line department, to ensure effective coordination in their working, so as to achieve desired results. He emphasized on the need for holding awareness camps for off-take of credit in the district.
A K Angurana, AGM, RBI emphasized upon the need for disbursement under priority sectors. He advised for organizing at least one awareness camp every month by rural branches, to focus on aggressive lending in key areas, so as to achieve 100% financial inclusion of all unbanked villages in the district.
Aman Kalsotra, AGM(DD), NABARD discussed DEDS, SHGs, KCC among other issues. He emphasized on 100% coverage under KCC, which is concern of GoI. He emphasized on the “Asset Creation under Agriculture”, which will lead to credit disbursement and augment income to farmers.
Vijay Padha, LDM, Kathua while presenting the achievements under Annual Action Plan for the year 2014-15, informed the house that under priority sector banks have achieved `73.51 crores and `104.03 crores under non-priority sector, as on June 2014. The deposit in the district stood at `3053.71 crore and advance `1236.43 crore.