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Home Latest News

DC Samba reviews performance of banks at DLRC meeting

Kashmir Pen by Kashmir Pen
3 years ago
in Latest News, State News
Reading Time: 1 min read
DC Samba reviews performance of banks at DLRC meeting
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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.

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