Secy Cooperative reviews functioning of JCC Bank
Jammu: To review functioning of various sectors of cooperative department in Jammu division, Secretary Cooperative Department R K Koul stressed upon the Jammu Central Cooperative Bank (JCCB) management to run the bank along thoroughly professional line and emphasized the need to review the progress of bank on monthly basis so as to improve its working.
Koul while addressing the meeting at Head Office, Rail Head Complex stressed upon the bank management to improve recovery portfolio to the maximum of 100 percent on current demand and substantially in respect of the arrear demands. He laid emphasis upon the maximum recovery in Non Performing Assets (NPA) cases.
He further directed the bank management to circulate performance indicators to its branches by fixing targets of advances and recoveries especially in NPA cases and laid emphasis on the monthly review of the performance i.e. before 10th of every month.
During the review meeting, Administrator JCCB Joint Registrar Cooperatives (Admn) Mufti Mohammad Farid-ud-Din briefed the Secretary regarding working of the bank and gave a resume of latest initiatives taken in improvement of the bank. He also suggested several measures for streamlining the working of the bank.
Additional Registrar Jammu Cooperative Societies Anjana Tikoo and Deputy Secretary to Government Cooperative Department Mukhtar Ahmed were also present