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Performance of banks reviewed in DLRC meeting
8/6/2015 12:07:27 AM
Early Times Report

Samba, Aug 5: A meeting of bankers and District/Sectoral Officers was held to review the progress and performance of bankers in key areas relating to deposits/advances and priority sector lending for the quarter ending June 2015.
The District Development Commissioner, Samba Sheetal Nanda IAS while chairing the meeting had a detailed and threadbare review of progress achieved in sponsoring the cases by various departments like DRDA, KVIB, KVIC, DIC, Employment, SC/ST/OBC Corporation, Agriculture, Animal/Sheep Husbandry etc. under various schemes like KCC, NULM, JKSES, PMEGP etc.
It was intimated that the deposit and advances of banks as on ending June 2015 stood at 247163 lacs and 130079 lacs respectively, thus achieving a CD ratio of 52.62%. Further, District has achieved 33% of the total Annual credit Plan up to quarter ending June for the year 2015-16 .
The Lead Bank Manager, Rajesh Sharma while giving a detailed account of the performance of Banks during the quarter informed that the progress under Priority sectors, weaker sections has been above the RBI stipulations.
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