Excelsior Correspondent
SAMBA, June 23: A meeting of bankers and District/Sectoral Officers was held to review the progress and performance of banks in key areas relating to deposits/advances and priority sector lending for the quarter ending March 2014. District Development Commissioner, Samba RK Varma 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 SGSY, SGSRY, JKSSES, PMEGP. It was informed that the deposit and advances of banks as on ending March 2014 stood at Rs 2223.96 Crore and Rs 1210.10 Crore respectively, thus achieving a CD ratio of 54.41 %. Further, District has achieved 74.92% of target under total Annual credit Plan for the year 2013-14. The Lead Bank Manager, B.M. Sharma while giving a detailed account of the performance of Banks during the quarter informed that the progress under priority sectors, weaker sections and credit flow to women beneficiaries has been above the RBI stipulations. The house was informed that against the bench mark of 40% under priority sector advances, the banks have comfortably achieved 52.58% during the quarter. The achievement under advances to weaker sections of the society was 18% against the national goal of 10% and 5.27% to women beneficiaries against national goal of 5%. The DDC appreciated the efforts of banks and Agriculture Department for issuance of 29313 Kissan Credit Cards to eligible farmers. He instructed the Agriculture Department and banks to clear the backlog and ensure that all eligible farmers are covered under the scheme. He also urged upon the bankers to disburse credit under the KCC scheme. The DDC while speaking on the occasion advised the sponsoring agencies to conduct the awareness camps in the villages especially in far flung and border areas to expand their orbit so that more and more people are educated, motivated and facilitated to initiate self employment enterprises. Surinder Singh, DDM NABARD apprised the house that NABARD had sanctioned a watershed development project in the district. He also discussed about the Dairy Entrepreneur Development Scheme and farmers club programme of NABARD and urged upon the bankers and the government departments to utilize these forums for propagating their scheme. SK Wattal, Lead District Officer, Reserve bank of India stressed upon covering the unbanked areas of the district through bank branches or BC/BF model. Later, the DDC also reviewed the progress of SBI RSETI during the Local Advisory Committee meeting.
Follow our WhatsApp channel