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May 15, 2019 | Rising Kashmir News

DC Samba asks banks to increase CD ratio

 District Development Commissioner, Sushma Chauhan, on Tuesday chaired a meeting of District Consultative Committee / District Level Review Committee of the financial year 2018-19 for the quarter ending March 2019 to review the performance of banks in respect of achievements under Annual Credit Plan 2018-19 besides taking stock of position of Deposits, Advances and CD Ratio.
As per an official, DDC stressed upon to increase the CD ratio by developing better coordination and cooperation between major banks and government departments.
DDC asked Chief Animal Husbandry Officer to achieve the targets of new KCC scheme under Animal Husbandry, Poultry and Fisheries in Co-ordination with bankers.
DDC stressed on the need of holding Financial Literacy camps in collaboration with Banks and government departments under intimation to Chairman on regular basis. She further said that these camps may also be utilized by the banks for creating awareness among the people about the Financial literacy, PMEGP, Housing for all, Pradhan Mantri Mudra Yojna, 100 percent coverage under KCCs, Prime Minister's New social security Schemes, Pardhan Mantri Fasal Bima Yojana and Education Loan etc.
The meeting had also a detailed review of all the government sponsored schemes with special focus on PMEGP, NULP, Handicrafts, Handloom and JKREGP Schemes.
Chief Planning Officer, General Manager District Industries Centre, LDO RBI, DDM NABARD, Director SBI RESTI Samba, J&K Bank, Cluster head Samba, District Coordinators of PNB, JKGB, EDB, and representatives from various Banks and other concerned officers attended the meeting, the official added.

 

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May 15, 2019 | Rising Kashmir News

DC Samba asks banks to increase CD ratio

              

 District Development Commissioner, Sushma Chauhan, on Tuesday chaired a meeting of District Consultative Committee / District Level Review Committee of the financial year 2018-19 for the quarter ending March 2019 to review the performance of banks in respect of achievements under Annual Credit Plan 2018-19 besides taking stock of position of Deposits, Advances and CD Ratio.
As per an official, DDC stressed upon to increase the CD ratio by developing better coordination and cooperation between major banks and government departments.
DDC asked Chief Animal Husbandry Officer to achieve the targets of new KCC scheme under Animal Husbandry, Poultry and Fisheries in Co-ordination with bankers.
DDC stressed on the need of holding Financial Literacy camps in collaboration with Banks and government departments under intimation to Chairman on regular basis. She further said that these camps may also be utilized by the banks for creating awareness among the people about the Financial literacy, PMEGP, Housing for all, Pradhan Mantri Mudra Yojna, 100 percent coverage under KCCs, Prime Minister's New social security Schemes, Pardhan Mantri Fasal Bima Yojana and Education Loan etc.
The meeting had also a detailed review of all the government sponsored schemes with special focus on PMEGP, NULP, Handicrafts, Handloom and JKREGP Schemes.
Chief Planning Officer, General Manager District Industries Centre, LDO RBI, DDM NABARD, Director SBI RESTI Samba, J&K Bank, Cluster head Samba, District Coordinators of PNB, JKGB, EDB, and representatives from various Banks and other concerned officers attended the meeting, the official added.

 

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