 Early Times Report
Srinagar, Mar 19: J&K Bank today convened the 100thState Level Bankers' Committee meeting at Jammu, which was presided over by J&K Chief Secretary B R Sharma.
Briefing the house on the occasion J&K Bank Chairman & CEO and Convener JKSLBC Mushtaq Ahmad said, "The banks operating in J&K have extended credit of Rs 10847.22 Cr to 308609 beneficiaries up to Q3 of Current Financial Year (CFY) thereby registering an achievement of 46 pc of the Annual Credit Plan (ACP) target in financial terms."
"J&K Bank alone has disbursed Rs 6958.76 Cr to164268 beneficiaries, which accounts for 64 pc of the total credit disbursed by all banks and financial institutions operating in the state during the said period", he added.
"The total credit extended by all the banks includes Priority Sector credit of Rs 6659.11 Cr disbursed to227512 beneficiaries, which is 45 pc achievement in financial terms against the target of Rs 14804.83 Crbesides Non-priority Sector credit of Rs 4188.10 Cr, which is 48 pc achievement in financial terms against the target of Rs 8800.40 Cr", he said.
The centenary SLBC meeting was attended by Financial Commissioner, Planning & Development B B Vyas, Commissioner Secretary Finance, Naveen Chowdary, Commissioner/Secretary, Housing & Urban Development Bipul Pathak, Commissioner Secretary Industries & Commerce, Shailendra Kumar, Commissioner/ Secretary Agriculture Production M A Bukhari, Secretary, Social Welfare Department Sanjeev Verma, Regional Director, RBI D. Sethy and Chief General Manager, NABARD Shankar A Panday besides other senior functionaries of banks, state government departments, RBI, NABARD, SIDBI, BSNL, UIDAI, developmental agencies and representatives of various insurance companies. |
