J&K Bank holds DLRC meet in Baramulla

The priority sector advances of the district as on 30th June 2018 were Rs 2301.71 which is 66.10% of Total Advances.

GKNN
Srinagar, Publish Date: Sep 17 2018 11:42PM | Updated Date: Sep 17 2018 11:42PM
J&K Bank holds DLRC meet in BaramullaRepresentational Pic

District Level Review Committee (DLRC) meeting of district Baramulla for Quarter ending June 2018 was conducted by Lead Bank Office Baramulla under the Chairmanship of District Development Commissioner Baramulla Nasir Ahamad Naqash.

Lead District Manager Altaf Ahmad Wani informed the house that against a target of Rs 2595.12crore under Annual Credit Plan for district for the year 2018-19 an achievement of Rs 533.96crorehas been recorded upto 30th June 2018, benefiting 16189 person under various schemes.

The priority sector advances of the district as on 30th June 2018 were Rs 2301.71 which is 66.10% of Total Advances.

The CD ratio of the district at the end of Qtr June 2018 stood at 77.21 percent.

Notably, out of total credit disbursement of Rs 533.95 crore upto Quarter ending June 2018, J&K Bank alone has disbursed an amount of Rs 463.29 crore which is 87 percent. Likewise out of total priority sector and non priority sectors disbursement for the quarter of Rs 350.92 crore and 183.03 crore respectively J&K Bank has disbursed an amount of     Rs 308.59 Crore and 154.70 crore respectively.

J&K Bank has a CD Ratio of 78.56 % upto 30.06.2018 as against CD Ratio of 77.21 for the District.

Meanwhile, since the District has been designated as Aspirational District by MoF-GoI, the cumulative targets for E-Gram Swaraj Abhiyan were not only achieved but surpassed.

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