Banks overachieve financial targets in Shopian

JK Bank holds review committee meet


Srinagar, Nov 15: J&K Bank organized District Level Review Committee meeting in Shopian for the quarter ended September, 2012.
 DDC Shopian Muhammad Javeed Khan presided over the meeting that reviewed the progress for the second quarter of current fiscal year.
 The meeting was attended by District Level Officers of government departments, representatives from all banks, NABARD and RBI, the bank in a statement said.
 Speaking on the occasion Lead District Manager (LDM) Shopian, M Saleem Wani briefed the house about the progress for second quarter of the financial year 2012-13.
 He said the total credit outstanding at the end of the quarter in all banks of district stood at Rs. 419.12 crore, out of which Rs 380.81 crore are in priority sector.
 The deposits in banks were Rs 375.32 crore. The CD Ratio of the district was 112%.
 Against the financial target of Rs 161.47 crore and physical target of 6421 beneficiaries under priority sector, the banks have disbursed Rs 228.54 crore to 8909 beneficiaries during the first two quarters of the FY 2012-13, thereby achieving the financial target by 141% and physical target by 138%.
 In agricultural sector the banks in the district have disbursed Rs 217.84 crore to 7890 beneficiaries against the annual target of Rs. 107.74 crore to 6421 beneficiaries making the achievement as 202% in financial terms and 123% in physical terms.

Literacy camp
Meanwhile, J&K Bank organised a financial literacy camp in Sallar Block at Dachni Pora Anantnag, which was attended by good number of people.

Lastupdate on : Thu, 15 Nov 2012 21:30:00 Makkah time
Lastupdate on : Thu, 15 Nov 2012 18:30:00 GMT
Lastupdate on : Fri, 16 Nov 2012 00:00:00 IST

  • StumbleUpon
  • Digg
  • TwitThis
  • Mixx
  • Technorati
  • Facebook
  • NewsVine
  • Reddit
  • Google
  • LinkedIn
  • YahooMyWeb
  • Print News

Enter the Security code exactly as you see it in the image security code is CaSe SeNsItIvE(Cookies must be enabled)

  • Kashmir

Rafiabad sans tourism infrastructure

Rafiabad: Government’s much hyped project to promote tourism in various scenic places here has turned into a damp squib in absence of basic infrastructure and facilities for the tourists.   Owing More

  • Srinagar City

SMHS Sarai non-functional even after inauguration

Building ill-equipped, Central Heating System not installed


Srinagar, Nov 15: The Sarai (resting place) at SMHS Hospital, which was inaugurated last month by the Minister for Medical Education, R S Chib amid fanfare, has not been made functional yet. “The More

  • Jammu

Altaf chairs maiden WUMCA meeting

Jammu, Nov 15: Minister for Forests and Environment Mian Altaf Ahmad Thursday called for effective implementation of the Wullar Lake conservation project. He stressed the need for ensuring cent percent More

  • PaK



Muzaffarabad, Nov 15: Pakistan Tehrik-i-Insaf (PTI) chairman Imran Khan on Thursday said that military might could not resolve any problems and India should therefore find a peaceful settlement to the More

  • World

Xi at helm in China


Beijing, Nov 15: Xi Jinping was today crowned the new head of the ruling CPC and the powerful military in a smooth transition to steer the world's second largest economy over the next decade, ending the More

Designed Developed and Maintaned By Imobisoft Ltd /Algosol Software Solutions