JK Bank holds DLRC, DCC meet

Excelsior Correspondent

SRINAGAR, Sept 9: All banks operating in the Bandipora district of Kashmir division have extended credit aggregating to an amount of Rs 66.31 crores under priority sector and Rs 49.93 crores under non- priority sector during the first quarter of the year 2018 – 19 ending June 2018.
Lead District Manager Bandipora, Imtiyaz Ahmad Khan informed this in the DCC & DLRC meetings held at the district headquarters the other day. The meetings were presided over by Mohd Qasim Wani Additional Development Commissioner, Bandipora. The Lead District Manager informed that J & K Bank alone has disbursed Rs 99.94 crores which accounts to 45% of the total credit disbursed by all banks operating in the District for the financial year 2018-19. Notably the outstanding total credit of all banks is Rs 116.24crores, which is 25% achievement of the given targets.
The meeting was attended by District Coordinators of all Banks, Govt. departments and other development agencies.
Besides reviewing the performance of Banks & Govt departments under various Schemes, the Chairman of DCC & DLRC meetings directed for speedy disposal of Govt sponsored cases. He advised all the banks and the sponsoring agencies to work with cooperation, coordination and cohesion to achieve the targets..
The District Credit Plan for year 2018-19 was unveiled during the meet. It was informed that Rs 424.96 crores were fixed as target for priority sector whereas, Rs 50.83 under non- priority sector.