J&K Bank convenes DLRC meet

Excelsior Correspondent
SRINAGAR, Jan 6:  Jammu and Kashmir Bank convened a District Level Review Committee (DLRC) meeting of Kupwara to review the achievements under Annual District Credit Plan 2014-15, which was chaired by Additional DDC Kupwara Farooq Ahmad Rather.
Chief Planning Officer, Kupwara Abdul Ahad Shah, Cluster Head J&K Bank Mohd Shafi Bhat, LDO RBI Anil Kumar Reshi and DDM NABARD Rouf Ahmad Zargar were also present in the meeting besides district coordinators of financial institutions and representatives of various Government departments/ sponsoring agencies.
Lead District Manager Kupwara apprised the house about the achievements during September quarter.
He said, “The banks have achieved 43.40% of the targets laid down under ACP 2014-15 at the end of the quarter under review. The financial institutions have provided credit of Rs. 123.67 crores to 6429 income generating units under Priority sector and Rs. 111.25 crores to 2622 beneficiaries under Non-Priority sector for development of the area and eradication of poverty and unemployment.”
He advised the banks to cover all the villages allotted to them under Financial Inclusion Programme and to ensure opening of at least one bank account for each household in the service area of the branch under PMJDY scheme.
A meeting of District Level Implementation Committee for PMJDY was also held under the chairmanship of District Development Commissioner Kupwara Itrat Hussain Rafiqui and the progress achieved so far was reviewed.
It was reported to the forum that till December 26, 2014 the banks have opened 43039 accounts under PMJDY scheme wherein an amount of Rs 6.71crores have been held as deposits.
Chairman DLIC advised all the banks and the sponsoring agencies to work with coordination to achieve the goals and targets of development, progress and eradication of unemployment.
The meeting concluded with a vote of thanks from the LDM.

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