Excelsior Correspondent
LEH, Feb 16: Deputy Com-missioner, Leh, Avny Lavasa, today reviewed the progress of all the Government sponsored schemes and impressed upon all the banks and allied departments to ensure disbursement of all the loans cases by October ending of every financial year.
Chairing the meeting of District Consultative Comm-ittee/ District Level Review Committee (DLRC) of Bankers of the district for the quarter ended December 2017, in DC Leh Conference Hall, Avny Lavas reviewed the progress of the schemes like, NRLM, PMEGP (KVIB), PMEGP (KVIC), PMEGP (DIC), KCC, ST/SC and performance under MUDRA Loans in detail.
The meeting was attended by Manager, Reserve Bank of India, Satish and Manager, NABARD, BB Mohanty, managers and representatives of all the banks operating in Leh headed by Incharge Lead Bank Manager, RS Sidhu, Chief Manager, SBI Leh and all the district officers of allied departments.
Observing very poor coordination among all the banks and allied departments in the district specially mismatching of records and data tabled in the meeting and confusion among stakeholders, the DC directed all concerned to rectify their issues and problems timely, cautioning that such irresponsible practice must not be repeated in next DLRC meetings.
As per the standard of Lead Bank, the CD Ratio of a district should be above 60% and to improve the CD Ratio of Leh district which presently stand at 31%, the meeting decided to constitute a special subcommittee to work on an action plan which will convene a meeting prior to DLRC meeting every quarterly. To ensure effective functioning of banks in Leh, the meeting strongly felt the need of three key posts needed to be filled up including RSETTI, LDM and Financial Councillor.
The DC also released the Potential Linked Credit Plan 2018-19 Book of NBARD for Leh district amidst the meeting.
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