J&K Bank conducts DLRC meets

Excelsior Correspondent
SRINAGAR, Aug 14: J&K Bank conducted District Level Review Committee (DLRC) meetings in Bandipora and Baramulla in order to review achievements under Annual District Credit Plan.
Lead Bank Office Bandipora conducted DLRC meeting of District Bandipora, which was held under the chairmanship of MY Zargar, District Development Commissioner and attended by Jagdish Lal, AGM RBI, Shahzad Ahmad Teli, Cluster Head, J&K Bank North, Zonal Head of other Banks and District Heads of line departments.
LDM Bandipora informed the House that against the target of Rs 167.67 crore, banks have disbursed Rs 34.78 crore thus achieving 20.74 per cent as on June 30 under District Credit Plan 2013-14.
He said that 21 per cent of the targets under priority sector of District Credit Plan have been achieved as on July 30. He informed the House that J&K Bank disbursed an amount of Rs 25.84 crore against the target of Rs 68.74 crore.
Meanwhile, Lead Bank Office Baramulla conducted DLRC meeting of District Baramulla under the chairmanship of District Development Commissioner Baramulla.
LDM Baramulla informed the House that a credit of Rs 111.39 crore had been disbursed in the first three months of the current fiscal against the annual target of Rs 473.43 crore to Agriculture sector. Likewise against an annual target of Rs 255.65 crore, the achievement for the first quarter stands at Rs 45.80 crore. Besides, in the services sector Rs 23.99 crore have been disbursed during the same period against the target of Rs 105.29 crore.
He also informed the House that 9212 beneficiaries were benefited under District Credit Plan 2013-14 and an amount of Rs 181.18 crore was disbursed among them under various schemes.

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