SHOPIAN, FEBRUARY 26: Additional District Development Commissioner (ADDC) Shopian, Dr. Nasir Ahmed Lone today presides over District Level Review Committee (DLRC) Cum District Consultative Committee (DCC) meeting of District Shopian to review the performance of financial institutions for the 3rd Quarter ended December 31, 2025 of FY 2025–26 at the meeting hall of District Administrative Complex Shopian.
Lead District Manager, Farooq Ahmad Dar, apprised the meeting of the key achievements recorded up to 31st December 2025. Key Highlights as on 31st December 2025, deposits registered a growth of 10% on YoY basis and 11% increase over the previous quarter ended 30th September 2025. Advances recorded a 17% YoY growth.
Priority Sector Advances witnessed a significant increase of 23% on YoY basis and 10% over the previous quarter while as Non-Priority Sector showed a marginal decline of 2% YoY and 9% compared to the previous quarter. CD Ratio of the district stood at an impressive 127, well above the minimum benchmark of 60%.
Against the financial target of Rs 2507.45 crore and physical target of 54,369 beneficiaries under District Credit Plan (DCP) 2025–26, banks in the district have disbursed Rs 1596.37 crore to 48,566 beneficiaries during the 3rd quarter, achieving 64% of the financial target and 89% of the physical target.
The Chair emphasized the need for sustained efforts to enhance credit flow, particularly in priority and employment-generating sectors and called for coordinated action among banks and line departments to ensure inclusive and balanced economic growth in the district.
DLRAC performance was also reviewed and it was informed that J&KBank RSETI has registered remarkable progress during the 3rd quarter of the financial year 2025-26. Against a target of 446 candidates up to 31st December, 2025, the Institute successfully trained 625 candidates, achieving 134% of the target and surpassing the set benchmark. The annual target of 595 candidates ( 148.75 per quarter) has also been covered during the review period itself.
The ADDC stressed for sustained coordination among line departments and banking institutions to further strengthen self employment generation and financial inclusion initiatives across the district.
Among others, the meeting was attended by General Manager, DIC, Shurjil Naik; DDM, NABARD, Junaid Ahmed; Cluster Head, J&K Bank, Abdul Majid; Director, J&K Bank, RSETI, Naseer Ahmed; AGM, RBI, Rajneesh Mahotra, district officers of various Government departments and representatives of banks.