SRINAGAR: A meeting of bankers and other officers was held Friday in Samba district of Jammu region to review the performance of banks in areas related to deposits, advances and priority sector lending for the quarter ending September 2014.
Chairing the meeting, the District Development Commissioner (DDC) Mubarak Singh had a detailed review of progress achieved in sponsoring the cases by various departments, an official handout issued here said
Reviewing the progress under schemes such as SGSY, SGSRY and JKSES, he exhorted upon all the officers and bankers “to adopt a proactive approach to motivate the deserving persons to come forward and take benefit of the schemes,” it said.
He, it said, exhorted upon banks and agricultural department to complete the 100% coverage of farmers under KCC.
“He emphasized upon the banks to expedite cases for linkage under various schemes and achieve the allocated targets for 2014-15,” it said.
The meeting was informed that the banks have till date opened 28,445 accounts under PMJDY, depositing an amount of Rs 1.19 crore in them, it said.
“The Banks have also issued 7297 RUPAY Debit Cards to the account Holders under PMJDY,” it added.
It was said that the deposit and advances of banks as on ending September 2014 achieved a CD ratio of 50.98 per cent, the handout said.
The district has achieved 39.73 per cent of the total Annual Credit Plan up to quarter ending September 2014, it added.
Lead Bank Manager, Hans Raj Hans, informed that against the benchmark of 40 per cent under priority sector advances, the banks have comfortably achieved 45.82 per cent during the quarter, it said.
“The achievement under advances to weaker sections of the society was 19.31 per cent against the national goal of 10 per cent and 5.6 per cent to Women beneficiaries against national goal of 5 per cent,” he was quoted as saying.