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DC Ramban reviews performance of banking sector at DLRC meeting

KH Business Desk by KH Business Desk
August 26, 2022
in Business
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Ramban:   Deputy Commissioner, Ramban, Mussarat Islam on Thursday reviewed the performance of Banks in the District Level Review Committee (DLRC) meeting held in the Conference Hall, Maitra.

Reviewing the sector-wise performance of different banks, the Deputy Commissioner, who is also the Chairperson of DLRC, directed the Bankers and officers of line departments to use social media for disseminating information regarding financial sector schemes among people especially, the youth of the district.

The meeting was attended by the Chief Planning Officer, Dr. KasturiLal, Lead District Manager, Abdul Rashid Sofi; Cluster Head JK Bank, DDM NABARD,   CHO, DSHO, CAHO, Bankers and various senior officers.

The Deputy Commissioner took the stock of bank-wise deposits, advances, and the CD Ratio targets.  It was informed in the meeting that the CD Ratio registered an increase of 3.46% and stood at 56.86%, till June end in the district. He directed the Bankers to achieve the 100% target set for their respective Banks.

The DC directed LDM and officers of line departments to organize pre-DLRC meetings to review progress on decisions taken in previous meetings besides resolving the issues by developing a working atmosphere in a coordinated manner to achieve the desired results.

While reviewing the status of Bank branches and ATMs, the DC directed Bankers to extend the banking facilities in uncovered areas by using digital modes of banking like ATM service. He directed them to sensitize the people regarding schemes pertaining to the banking sector.

Discussing the issues and achievements of the banking sector in deposits and advances,   the Deputy Commissioner confirmed the minutes of the last meeting besides emphasizing on timely disbursement of loan cases by implementing all other youth and self-employment oriented schemes by achieving the 100% targets under different segments of priority sectors like Agriculture, MSME, Housing, and Education in the district.

KH Business Desk

KH Business Desk

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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