STATE TIMES NEWS RAMBAN: District Development Commissioner (DDC) Ramban, Nazim Zai Khan on Wednesday reviewed Credit Debit (DC) ration of banks besides chairing District Level Review Committee (DLRC) meeting of officers of banking and civil departments to discuss the achievements against the targets of banking sector. The meeting was attended by Manager RBI, Rahul Sharma, CPO, Dr. Kasturi Lal, Lead District Manager, Shkeel Ahmed Bhat, Director RSETI Subash Chander, DGM-NABARD, Arushi Sharma, CAO, CHO,GM DIC, AD Employment, DSHO, bankers and others officers of line department. It was informed in the meeting that up to June 2019 an amount of 1422.56 crore has been recorded in the deposit and 560.47 crore in the advance sector and the CD Ratio of district has been increased by .76% and stands on 39.39%. DDC was not satisfied with the performance of banks over register low CD ratio in the district and directed the bankers to redouble their efforts and initiate concrete steps for lending towards priority sectors to achieve 100% targets besides improving the CD ratio of the district from 39.39% to national target of 60%. The chairman expressed extreme displeasure over low progress of banks especially Panjab National Bank, JCCB and ICICI for registering CD ratio less than 20 per cent and poor performance in credits in Agriculture sector, SME segment and other priority sectors. DDC directed the LDM to circulate minutes of meeting to every stakeholder properly for ensuring effective implementation of decisions taken in meeting besides seeking action taken report from the same in this regard.
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