DC Samba reviews performance of banks at DLRC meeting 

SAMBA, JANUARY 05: A meeting of District Level Review Committee/District Consultative Committee (DLRC/DCC) for the Quarter ending September 2023 was today held at DC Office Samba to review the performance of Banks in Deposits, Advances, CD Ratio, and achievement under Annual Credit Plan for the FY 2023-24. 

The meeting also reviewed the progress under the self-employment and Social Security Schemes of the Government. 

The meeting was chaired by Abhishek Sharma, District Development Commissioner and convened by Sanjay Dhar, Lead District Manager (LDM). Samba.

The meeting was also attended by LDO RBI, DDM NABARD, Chief Agriculture Officer, Chief Animal Husbandry Officer, District Sheep Husbandry Officer, AD Fisheries, District Coordinators of J&K Bank, SBI, PNB, JKGB, representatives of other Banks and Officials of other Sponsoring Government Departments/Agencies. 

The LDM informed the house that Banks operating in Samba District have recorded Deposits of  Rs.7240.62 Cr. and Advances of Rs.4136 Cr. as on 30 09.2023. The C.D. Ratio of the District was 57.12%. The achievement of Banks in the District under Annual Credit Plan 2023-24 stood at Rs.1137 Cr. against Annual Target of Rs.2348 Cr. recording growth of 48% as on 30.09.2023.

Under the Priority Sector the Achievement by Banks stood at Rs.725 Cr. against Annual Target of Rs. 1996 Cr. recording growth of 36%, while under the Non-priority Sector the achievement was Rs.413 Cr. against Annual Target of Rs 352 Cr. recording a growth of 117%. 

The DDC took an extensive review of Government Sponsored Schemes with Special focus on PMEGP, JKREGP, KCC, PMAY, NRLM, NULM, etc.

The DDC impressed upon the banks to achieve 100% digitization of Bank accounts. He advised all Sponsoring Agencies and Banks to spread awareness among people about various Self-employment Schemes launched by the Government and motivate them to avail the benefits of these Schemes for generating self employment opportunities in the District. He directed all the Banks to clear the pending cases sponsored by different Govt. Departments/Agencies at the earliest and give a boost to lending, particularly under Agriculture & Allied activities, MSME, Housing and Education  Sectors, to achieve a healthy CD ratio. He also directed the Banks to cover all eligible persons under Social Security Schemes viz: PMSBY, PMJJBY & APY. 

The meeting ended with a vote of thanks by the LDM.