Excelsior Correspondent
Jammu, Mar 29: The 49th meeting of the Empowered Committee (EC) on Regional Rural Banks (RRBs) for the State of Jammu and Kashmir was held in the Reserve Bank of India, Jammu. Thomas Mathew, Regional Director, RBI, J&K State presided over the meeting. P Balachandran, CGM, NABARD, Dinkar Argal, DGM, SBI, Sunil Gupta, President, J&K Bank, Janakraj Angural, Chairman, J&K Garmin Bank and Arshadul Islam, Chairman, Ellaquai Dehati Bank and other officials from RBI, NABARD and banks participated in the meeting.
The meeting discussed and reviewed the performance of the RRBs in the areas like advances to priority sector, performance under Annual Credit Plan 2018-19, credit flow to agriculture sector, measures relating to financial literacy and awareness programme, strengthening security measures in the bank branches, compliance to KYC/AML guidelines, etc.
The deficient performance wherever observed was discussed and remedial steps were suggested so as to ensure that the target set for the year under ACP etc. and other prescribed performance parameters were fulfilled timely during the year.
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