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DC Kargil chairs DLRC, DCC meeting, stresses on collaborative efforts by banks, line departments

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DC Kargil chairs DLRC, DCC meeting, stresses on collaborative efforts by banks, line departments

Kargil, May 30, 2024: Deputy Commissioner/CEO, LAHDC, Kargil, Shrikant Suse, today chaired the District Level Review Committee/District Consultative Committee (DLRC/DCC) meeting for the quarter ended March 2024.

The meeting was attended by heads of concerned departments and the nodal officers of banks in the district. The meeting reviewed achievements of the Annual Credit Plan and various Government Sponsored Schemes until ending March 2024.

While presenting the performance of various banks operating in the District, Lead District Manager (LDM), the convener of the meeting, Gulzar Ahmad Dar informed that Credit Deposit Ratio has improved from 37 percent on 31/03/2023 to 41.02 percent as on 31/03/2024 registering a growth of 4.02 percent.  

The Lead Bank Manager also briefed the DC on the banks’ performances in priority and non-priority sectors, covering areas such as agriculture, education, housing, energy, and self-employment schemes like NRLM, NULM, KCC, PM-SVANIDHI, PMEGP, PMFME, etc.

Further, Branch Heads of various banks apprised the Deputy Commissioner about achievements and future plans to improve performance in these parameters.

The Deputy Commissioner directed all banks to take measures to further improve the CD ratio. He also directed the concerned officials to conduct awareness camps on Social Security Schemes. During the meeting, the DC Shrikant instructed the heads of departments to boost up the sponsorships and the education loans.

In the end, LDM Gulzar Ahmad Dar assured the chair that performance will be improved under his valuable guidance.

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Ladakh Times is a participatory media house based in Ladakh, tells untold stories, playing an active role of collecting news and information.

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