Banks advance Rs180 cr in Budgam
JK Bank convenes DLRC meet
GK NEWS NETWORK
Srinagar, Feb 9: J&K Bank convened 43rd District Level Review Committee meeting of District Budgam on Friday.
The meet was chaired by DDC Khursheed Ahmad Shah.
Lead District Manager (LDM) Budgam Muhammad Yaqoob briefed the house about the progress with respect to the targets fixed for the financial year under District Credit Plan 2012-2013.
He informed the house, ďThe banks in the district have disbursed Rs 180.83 Cr out of Rs 237.87 Cr target, achieving 76 per cent of the overall target.
ďOut of this Rs 119.10 Cr were disbursed under priority sector thereby achieving 63% of the target of Rs 187.92 Cr earmarked for FY 2012-13 till quarter ended December, 2012," the bank in a statement said.
The DDC who is also the chairman DLRC, appreciated the role played by Lead Bank Office Budgam in the implementation of government sponsored schemes, Kissan Credit Card scheme and organization of awareness camps in the district, the statement added.
He directed all the Line Departments and banks to ensure 100 % target achievements for each sector and ensure the disbursement of all the cases expeditiously.
He assured the banks about the realization of margin money, interest subsidy and capital subsidy pending with the sponsoring agencies, so that banks are able to disburse all pending cases by the end of current financial year.
Meanwhile, the disbursement under various government sponsored schemes for the period under review was Rs 61.74 Crores which included Rs 46.01 Crores disbursement under KCC.
The meeting was attended by the heads of all sponsoring agencies and district coordinators of Banks including Additional DDC Budgam Ghulam Mohiuddin Bhat, Joint Director Planning Farooq Ahmad Yaswi, J&K Bank Cluster Head Budgam M A Wanchoo and representatives from RBI and NABARD Suchitra Bhattacharya and Sanjay Kumar.
The meeting ended with the vote of thanks presented by Joint Director Planning.
Training programmes held
Meanwhile, Bankís RSETI Bandipora concluded training programmes in mobile phone repairing and food preservation.
Both the programmes witnessed good participation of trainees belonging to Schedule Tribe category from different areas of the district.
The RSETI Ganderbal started a ten-day training programme for ladies wherein 20 girls would be imparted training in sozni work.
The trainees were sponsored by DRDA Kangan.
Lastupdate on : Sat, 9 Feb 2013 21:30:00 Makkah time
Lastupdate on : Sat, 9 Feb 2013 18:30:00 GMT
Lastupdate on : Sun, 10 Feb 2013 00:00:00 IST
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