J&K Bank conducts DLRC meet

DDC Bandipora Owais Ahmad chairing DLRC meeting conducted by J&K Bank.
DDC Bandipora Owais Ahmad chairing DLRC meeting conducted by J&K Bank.

Excelsior Correspondent
Srinagar, Dec 30: District Development Commissioner Bandipora Owais Ahmad chaired District Level Review Committee (DLRC) meeting conducted by J&K Bank to review the performance of the banks working in the district for the quarters ending June, 2020 and September 2020 against Annual District Credit Plan 2020-21 targets.
The meeting was attended by LDM Bandipora Mehraj-ud-Din Naqash, DDM NABARD Asif Bhat, Joint Director Planning Imtiyaz Ahmad and district coordinators of the banks, Government departments and other developmental agencies.
While giving the summary of the performance, LDM Bandipora informed the meeting that an amount of Rs. 151.41 crores was disbursed under Priority Sector while Non-Priority Sector saw Rs. 88.21 crores being disbursed in the first two quarters.
He said the banks registered an achievement of 19 per cent in the Priority Sector and 81 per cent in the Non-Priority with total of 26 per cent targets achieved under Annual Credit Plan as on September, 30 2020.
Summarising Lead Bank’s performance, the LDM stated that J&K Bank has alone disbursed Rs.190.97 crores against the annual target of Rs.461.76 crores securing an achievement of 41 per cent.
While reviewing the performance of banks and Government departments under various schemes, the Chairman DLRC urged the banks and other agencies to expedite the disposal of Government sponsored cases.
On the occasion, the DDC also launched Potential Linked Credit Plan (PLP) 2021-2022 prepared by NABARD for Bandipora district. Besides, District Credit Plan for FY 2021-22 for the district was also approved in the meeting.