SRINAGAR: All banks operating in Bandipora district of Kashmir division have extended credit aggregating to an amount of Rs. 66.31 crores under priority sector and Rs 49.93 crores under non- priority sector during the first quarter of the year 2018 – 19 ending June 2018.
This information was given by Lead District Manager, Bandipora, Imtiyaz Ahmad Khan during the recently held DCC & DLRC meetings, a handout read.
The lead district manager informed that J&K Bank alone has disbursed Rs 99.94 crores which accounts to 45% of the total credit disbursed by all banks operating in the district for the financial year 2018-19. The outstanding total credit of all banks is Rs 116.24 crores, which is 25% achievement of the given targets, read the handout.
Besides reviewing the performance of banks and government departments under various schemes, the chairman of DCC & DLRC meetings directed for speedy disposal of government-sponsored cases. He advised all the banks and the sponsoring agencies to work with cooperation, coordination and cohesion to achieve the goals and targets for development, progress and eradication of unemployment.
The District Credit Plan for year 2018-19 was unveiled in the function. An amount Rs 424.96 crores was fixed as target for priority sector whereas Rs 50.83 under non priority sector, the handout added.