ADDC reviews performance of banks, deptts

Excelsior Correspondent
JAMMU, Dec 21: Additional District Development Commissioner, Jammu, Anuradha Gupta reviewed the implementation and achievements of Annual Credit Plan 2016-17 during the District Level Review Committee and District Consultative Committee meeting for the half year ending September. The meeting was conveyed by VR Sharma, Lead District Manager, Jammu.
While speaking, Sharma said that bank deposits of the district had grown by Rs 1143 crores to Rs 29572 crores (4.04 per cent) ending September 2016 and advances by Rs 295 crores to Rs 8785 crores (3.09 per cent). Priority Sector Lending to the tune of Rs 678.73 crores was made during the period registering an achievement of just 15.20 per cent. Poor CD Ration of district viz 29.70 per cent as against benchmark of 60 per cent set by RBI together with lower achievement in Education (4.08 per cent) and Housing (5.47 per cent) were not appreciated by the ADDC.
Chairperson instructed the banks to draw a Monitor-able Action Plan for reaching the benchmark. She also asked the LDM to closely monitor the results of such awareness programmes in higher secondary school and polytechnics mapped with bank branches and target students for education loans and teaching faculty and administrative staff for housing loans, etc and quantify the achievements to achieve the desired growth levels.
LDM apprised the house about sanction of 4448 Mudra loans amounting to Rs 100.63 crores.
ADDC expressed satisfaction over sanction of Mudra loans and also stressed upon the bankers and State departments to sponsor/sanction Stand Up India (SUI) loans.
Among others present were Abhilasha Diwakar, LDO, RBI, Shashi Kant Sonkar, AGM, NABARD, RK Bansal, CM Credit and NPA RBO-II (SBI), all BDOs, District Heads of Line Departments and representatives of all banks viz JKB, PNB, EDB, etc and SBIRSETI, FLCC.

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