STATE TIMES NEWS
KATHUA: The performance of the banks in key areas was reviewed by Deputy Commissioner Kathua Rahul Yadav here at DCC/DLRC/DLAC meeting held in his office.
The meeting held detailed deliberations on flow of credit, relating to deposits, advances under priority sector, clearance of Government Sponsored Schemes, lending for the quarters ending September 30, 2021 and performance of RSETI, Kathua.
The proceedings of the meeting were conducted by LDM, Qazi Farooq.
The meeting was attended by CPO, AGM LDO RBI, DDM, NABARD, Cluster Head J&K Bank, Chief Agriculture Officer Kathua, PO, DUDA, CAHO, and officers of SBI, PNB, JK Gramin Bank, KVIB, NRLM and other concerned from different departments.
The Chairman (DDC Kathua) reviewed the progress of CD ratio, cases under KCC, New KCC (Dairy, Poultry, Fisheries and Sheep Husbandry), PMEGP – KVIB / KVIC / DIC / NULM, NRLM Handloom / Handicraft, PMAY with special emphasis on credit linkage of beneficiaries under these schemes. He emphasized upon banks to simplify the systems and procedures so that maximum beneficiaries are credit linked under various schemes for generation of employment. He called for exercising empathy towards poverty stricken people, which is bound to ensure the achievement of their set targets.
The DDC advised departments and banks to focus on awareness programs for dissemination of information to general public/farmers/skilled persons so that they are facilitated to set up new units of economic activities and thereby increase the C.D Ratio of the district. He desired that potential under Agri and allied activities be exploited fully to achieve the benchmark of 18%.
The Chairman exhorted upon the banks to exploit all resources at their disposal and come out with a concrete action plan to increase present CD-ratio of 43.00% to minimum 60% by the end of next quarter of 2021-22.
“Banks need to ensure 100% penetration under social security schemes like Jan Dhan Yojana, Suraksha Bima Yojana, Jeevan Jyoti Yojana, Atal Pension Yojana and to issue Rupay Debit Cards to all eligible account holders” directed DDC.
The DDC Kathua also launched the PLP prepared by NABARD for FY 2022-23.
The DDC advised all the bankers to sanction the RSETI sponsored loan applications on priority basis.