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Performance of banks reviewed in Doda

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STATE TIMES NEWS
DODA: To review the performance of Banks and RSETI in regard to achievement under Annual Credit Plan of 2014-15, a meeting of District Level Review Committee (DLRC), District Consultative Committee (DCC) and Local Advisory Committee of RSETI, for the quarter ended September – 2014 in respect of Doda District was on Tuesday convened by the State Bank of India, Lead Bank Office, under the Chairmanship of S. V Meena, District Development Commissioner Doda.
LDM, N.C Sambyal, apprised the house that the deposits and advances of all commercial banks as on 30th Sep 2014 stood at Rs.1168 crore and Rs. 317 crore respectively, thus achieving CD ratio to 27 from 25 per cent of the last quarter. The chairman expressed his pleasure over the improving achieved CD ratio. However the efforts should be made to take the CD ratio up to 40 per cent . The AGM RBI Ashok Angral also stressed upon the issue of the CD ratio for its improvement.
The chairman, expressed his concern about the tardy progress made by banks to achieve the 100 per cent Financial Inclusion. He directed all the banks to adopt multi pronged holistic approach to make their outreach possible in the far flung villages which are mostly unbanked.
The meeting had a thread bare review of all Govt. sponsored schemes with the focus on NRLM, RRY, PMEGP, SJSRY, JKSES, MSME, SHGs, DIR , KCC, DEDS, handicraft, handloom and women beneficiaries.

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