District Development Commissioner Ramban, Nazim Zai Khan today reviewed Credit Debit ratio of banks besides chairing District Level Review Committee meeting of officers of banking and civil departments to discuss the achievements against the targets of banking sector.
The meeting was attended by ADC, Ashok Sharma, Manager RBI, Rahul Sharma, CPO Lead District Manager, Shkeel Ahmed Bhat, DGM-NABARD, Arushi Sharma, AO, CHO, FM,DIC, AD Employment, DSHO, District Officer KVIB, Nodal Officer JKEDI and bankers and others officers of line department.
It was informed in the meeting that up to November 2019 an amount of 1413.41 crore has been recorded in the deposit and 596.80 crore in the advance sector and the CD Ratio of district has been increased by 1.17 and stands on 42.22%.
DDC directed the bankers to redouble their efforts and initiate concrete steps for lending towards priority sectors to achieve set targets in Annual Credit Plan besides improving the CD ratio of the district from 42.22% to national target of 60%.
DDC directed the bankers to ensure 100% coverage of eligible farmers under KCC whereas agriculture officer was directed to organise awareness camps to sensitize the farmers about benefits of schemes.
Threadbare discussion was held on the centrally sponsored schemes under which loans are provided to the beneficiaries for operating income generating units.
He directed all the banks to take effective measures for ensuing loans especially in Agriculture, Education, Housing and employment sector so that majority of the population would be facilitated under various schemes besides providing KCC to the farmers.
DDC directed the bankers to provide loans under MUDHRA, NRLM besides effectively implementing financial assistance schemes to people for establishing their business units.