24th March 2013
Srinagar
J&K Bank convened DLRC meets in Ganderbal, Baramulla, Shopian, Pulwama
To review achievements under District Credit Plan 2012-13, J&K Bank convened a District Level Review Committee (DLRC) meeting of Ganderbal under the Chairmanship of DDC GanderbalItratHussainRafiqi.
CPO Mukhtar Ahmad Bazaz, AGM RBI VedPrakash, the Bank's Cluster Head Ganderbal Abdul Hamid Khan, all district officers and district coordinators of all banks operating in the district attended the meeting.
Lead District Manager Ganderbal briefed the house about the achievements of the banks operating in the district under District Credit Plan (DCP) 2012-13.
The banks have disbursed a total amount of Rs 102.16 Cr for establishment of 5592 units up to December 2012, out of which Rs 64.09 Cr for establishment of 3964 units under priority sector registering achievement of 51% and Rs 38.06 Crores for establishing 1628 units under non- priority sector registering an achievement of 30%.
Out of priority sector, agriculture and allied activities registered achievement of 81%, Small Enterprises 45%, Micro credit 53%, Education 54% and housing 37% of the target.
Deposits of the district have increased by 21% and advances by 26% when compared to YOY basis.CD ratio of the district stands at 57%.
DDC appreciated the role of J&K Bank in disposing off the cases meticulously and advised all other banks to adopt the same and ensure achievement of 100% target under different sectors by the end of March 2013.
Baramulla:
The Bank convened DLRC meeting of Baramulla at Dak Bungalow Baramulla. The meeting was held under the Chairmanship of District Development Commissioner Baramulla.
Lead District Manager, Baramulla placed before house the details of achievements made by the financial institutions during the quarter that ended December 2012 under District Credit Plan of Rs 685.51 Cr with Rs 550.12 Cr for priority sector.
He said that the district had recorded an achievement of 66.74% during the quarter with disbursement of Rs 367.15 Cr to beneficiaries under priority sector lending against the ACP 2012-13.
The banks disbursed Rs 232.78 Cr to agriculture, Rs 102.75 Cr to Small Enterprises and Rs 31.62 Cr to service sector. The house was informed that lending under Priority Sector in the district had achieved Y-o-Y basis growth of 12.39%, while as Weaker Section Advances increased by 46.22% Y-o-Y.
The house approved Annual Credit Plan of Rs.822.60 Crores for the FY 2013-14.
Shopian:
The Bank convened the DLRC meeting of Shopian under the chairmanship of District Development Commissioner Shopian M Javeed Khan.
All the members of DLRC including AGM RBI, AGM NABARD and representatives from all banks operating in the district and line departments were present in the meeting.
Lead District Manager Shopian highlighted the performance shown by the banks and other departments for the quarter.
He informed the house that the banks had disbursed total amount of Rs 394.02 Cr out of which Rs 347.15 Crores were lend to priority sector while as the deposits of the district stood at Rs 469.85 Cr as such taking CD Ratio to 83.86 %. Against the financial target of Rs. 161.47 Crores and physical targets of 6421 beneficiaries under priority sector, the banks have disbursed Rs. 239.78 Crores to 9406 beneficiaries up to the quarter under review, surpassing both the targets, he added.
In agriculture sector the banks disbursed Rs 220.52 Cr to 8525 beneficiaries against the annual targets of Rs 107.74 Cr to 6421 beneficiaries thereby achieving 205% of target in financial terms and 133 % in physical terms.
During the first three quarters of the FY 2012-13, 28000 applications under KCC Scheme were processed and Rs 278.53 Crores have been disbursed among 13818 beneficiaries.
The house also approved credit plan of Rs 350.88 Cr for the FY 2013-14 for district Shopian.
Pulwama:
The Bank convened the District Level Review Committee (DLRC) meeting of Pulwama, which was held under the Chairmanship of District Development Commissioner Pulwama to review the performance financial institutions for the quarter ended December, 2013.
All the members of committee including AGM RBI, representatives from all banks operating in the district and line departments ensured their participation in the meeting.
Lead District Manager Pulwama placed the agenda before house and highlighted the performance of the banks and other departments for the quarter.
He said, "Against the financial target of Rs. 342 Cr and physical targets of 15003 beneficiaries under priority sector, the banks have disbursed Rs. 206.04 Cr to 17803 beneficiaries till the end of quarter under review."
He said that in Agriculture sector the banks disbursed Rs. 144.64 Crores to 14419 beneficiaries against the annual targets of Rs. 151 Crores thereby achieved target of 95.36% in financial terms.
The total credit outstanding of all the banks was Rs 790.22 Crores, out of which Rs 603.26 Crores were in Priority Sector.
The deposits of the district stood at Rs 1316.36 Cr and the CD Ratio was 60 % at the end of the quarter.
During the meeting, the house also approved credit plan of Rs 778.88 Crores for the district for the FY 2013-14.
CPO Mukhtar Ahmad Bazaz, AGM RBI VedPrakash, the Bank's Cluster Head Ganderbal Abdul Hamid Khan, all district officers and district coordinators of all banks operating in the district attended the meeting.
Lead District Manager Ganderbal briefed the house about the achievements of the banks operating in the district under District Credit Plan (DCP) 2012-13.
The banks have disbursed a total amount of Rs 102.16 Cr for establishment of 5592 units up to December 2012, out of which Rs 64.09 Cr for establishment of 3964 units under priority sector registering achievement of 51% and Rs 38.06 Crores for establishing 1628 units under non- priority sector registering an achievement of 30%.
Out of priority sector, agriculture and allied activities registered achievement of 81%, Small Enterprises 45%, Micro credit 53%, Education 54% and housing 37% of the target.
Deposits of the district have increased by 21% and advances by 26% when compared to YOY basis.CD ratio of the district stands at 57%.
DDC appreciated the role of J&K Bank in disposing off the cases meticulously and advised all other banks to adopt the same and ensure achievement of 100% target under different sectors by the end of March 2013.
Baramulla:
The Bank convened DLRC meeting of Baramulla at Dak Bungalow Baramulla. The meeting was held under the Chairmanship of District Development Commissioner Baramulla.
Lead District Manager, Baramulla placed before house the details of achievements made by the financial institutions during the quarter that ended December 2012 under District Credit Plan of Rs 685.51 Cr with Rs 550.12 Cr for priority sector.
He said that the district had recorded an achievement of 66.74% during the quarter with disbursement of Rs 367.15 Cr to beneficiaries under priority sector lending against the ACP 2012-13.
The banks disbursed Rs 232.78 Cr to agriculture, Rs 102.75 Cr to Small Enterprises and Rs 31.62 Cr to service sector. The house was informed that lending under Priority Sector in the district had achieved Y-o-Y basis growth of 12.39%, while as Weaker Section Advances increased by 46.22% Y-o-Y.
The house approved Annual Credit Plan of Rs.822.60 Crores for the FY 2013-14.
Shopian:
The Bank convened the DLRC meeting of Shopian under the chairmanship of District Development Commissioner Shopian M Javeed Khan.
All the members of DLRC including AGM RBI, AGM NABARD and representatives from all banks operating in the district and line departments were present in the meeting.
Lead District Manager Shopian highlighted the performance shown by the banks and other departments for the quarter.
He informed the house that the banks had disbursed total amount of Rs 394.02 Cr out of which Rs 347.15 Crores were lend to priority sector while as the deposits of the district stood at Rs 469.85 Cr as such taking CD Ratio to 83.86 %. Against the financial target of Rs. 161.47 Crores and physical targets of 6421 beneficiaries under priority sector, the banks have disbursed Rs. 239.78 Crores to 9406 beneficiaries up to the quarter under review, surpassing both the targets, he added.
In agriculture sector the banks disbursed Rs 220.52 Cr to 8525 beneficiaries against the annual targets of Rs 107.74 Cr to 6421 beneficiaries thereby achieving 205% of target in financial terms and 133 % in physical terms.
During the first three quarters of the FY 2012-13, 28000 applications under KCC Scheme were processed and Rs 278.53 Crores have been disbursed among 13818 beneficiaries.
The house also approved credit plan of Rs 350.88 Cr for the FY 2013-14 for district Shopian.
Pulwama:
The Bank convened the District Level Review Committee (DLRC) meeting of Pulwama, which was held under the Chairmanship of District Development Commissioner Pulwama to review the performance financial institutions for the quarter ended December, 2013.
All the members of committee including AGM RBI, representatives from all banks operating in the district and line departments ensured their participation in the meeting.
Lead District Manager Pulwama placed the agenda before house and highlighted the performance of the banks and other departments for the quarter.
He said, "Against the financial target of Rs. 342 Cr and physical targets of 15003 beneficiaries under priority sector, the banks have disbursed Rs. 206.04 Cr to 17803 beneficiaries till the end of quarter under review."
He said that in Agriculture sector the banks disbursed Rs. 144.64 Crores to 14419 beneficiaries against the annual targets of Rs. 151 Crores thereby achieved target of 95.36% in financial terms.
The total credit outstanding of all the banks was Rs 790.22 Crores, out of which Rs 603.26 Crores were in Priority Sector.
The deposits of the district stood at Rs 1316.36 Cr and the CD Ratio was 60 % at the end of the quarter.
During the meeting, the house also approved credit plan of Rs 778.88 Crores for the district for the FY 2013-14.