Excelsior Correspondent
LEH, Sept 4: The District Level Review & District Consultative Committee meeting of Bankers of Leh district for the quarter ending June 2018 was held today under the chairmanship of Deputy Commissioner, Leh Avny Lavasa in the presence of Executive Councillor LAHDC Tsering Wangdus.
While addressing the meeting, Avny Lavasa urged upon the banks to be pro-active and contribute towards the development of the district by advancing loans in important fields of agriculture, education, mudra and other centre and state-sponsored schemes for the benefit of the unemployed, and economically backward sections of the society.
“All the banks and their branches need to make a personal effort, take initiatives and conduct financial literacy camps at town and village level to make people aware about various financial schemes,” Avny Lavasa said.
DC reviewed the previous quarter performances and took a detailed report from the concerned bankers and officials about NRLM, KVIB, DIC, KVIC, ST/SC, KCC and also discussed important matters like the educational loan, KCC, and other loans.
Earlier, Lead Bank Manager, Leh Abdul Rashid Bhat apprised the meeting about the performance of banks in Leh in terms of Deposits/Advances, achievements of Government-sponsored schemes where there is growth of 1.24% in deposits portfolio, at the same time there is an increase of 11.72% in advances portfolio of the district during the quarter.
The loan portfolio of the district has increased by Rs. 90.25 crore during the quarter, out of which there is a growth of 11.23% in priority sector advances.
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