Performance of banks reviewed By DDC Jammu
JAMMU: A meeting of District Level Review Committee/District Consultative Committee (DLRC/DCC) of Jammu district was convened by the Lead Bank office, State Bank of India, Jammu was held at PWD Guest House Gandhi Nagar, Jammu under the Chairmanship of District Development Commissioner, Jammu, Ajeet Kumar Sahu today to review the performance of banks with regard to achievement under Annual Credit Plan of 2014-15 and also to review the position of Deposits, Advances and CD Ratio.
Lead District Manager, informed the house that deposits of the district were Rs.21825.89 Crores and Advances was Rs.6967.57 Crores, as on 30.09.2014.
The C.D. Ratio of the district was 31.92%.
Under ACP-2014-15, the achievement of banks was 11.57% against the annual target of Rs.5650.07 Crores, the achievement was Rs.655.29 Crores. The achievement under Annual Credit Plan 2013-14.
Chairman instructed all the Banks to show better Quarter on Quarter growth so that annual targets are achieved in a time bound manner.
Lead District Manager told the house that 71 Financial Literacy Camps were organized by the Rural branches of banks in Jammu district upto June 2014.
Chairman emphasized that awareness Camps regarding banking facilities for Education loans should be conducted regularly.
The meeting held a detailed review of all the Govt. sponsored schemes with special focus on KCCs and PMEGP Schemes. He also advised the sponsoring agencies to conduct awareness camps in the panchayats in coordination with banks in this year so that more and more people are educated, motivated and facilitated to initiate self employment.
Chairman stressed on heightened cooperation between Agriculture Department for monitoring of sponsorship of KCC applications so that 100% coverage of all eligible farmers can be achieved under KCC.
The Chairman stressed on full and meaningful achievement of Financial Inclusion under Pradhan Mantri’s Jan Dhan Yojana.
In the end, the Chairman requested all banks to explore the possibility of adopting one flood affected village by each bank particularly from the point of view of reconstruction of damaged houses.
The meeting was attended by G. N. Balwan, Additional District Development Commissioner, K. K. Sidha, Assistant Commissioner (Development), H.H.Dutt, Chief Planning Officer, R. K. Sharma, AGM RBI, Ritu Mahajan, Dy.Director, Self Employment, Yogita Moza, Manager, NABARD , banks and Govt. Departments.