Leh: The Deputy Commissioner/District Development Commissioner, Leh, Santosh Sukhadeve who is also the Chairman of District Level Review Committee (DLRC) and District Consultative Committee, Leh chaired the meeting of the DLRC for the quarter end of March 2024 at Conference Hall DC office Leh on May 24.
Lead Bank Manager, District Leh, Tsering Wangmo apprised the DC Leh about the CD ratio and added that the total deposits as on March 2024 stood at Rs 5901.50 Cr as compared to Rs 5637.82 Cr as on December 2023.
She further added that the total credit as on March 2024 stood at Rs 2813.48Cr as compared to Rs 2795.23 Cr as on December 2023 showing a credit growth of 100.65 Cr on Quarter on Quarter basis, thus CD ratio for quarter March 2024 was increased by 1.91%.
The District Development Manager, NABARD, Leh, Tsewang Dorjay presented the booklet of Potential Linked Credit Plan 2024-25 to the DC/District Development Commissioner, Leh, Santosh Sukaheve.
DC instructed all banks to adhere to the targets set for each bank especially in the category of Social Security Schemes and to achieve it by next quarter.
Further, he also instructed all banks to ensure functioning of digital payment systems, especially through mobile applications.
Additionally, DC Leh directed all the banks to conduct their awareness camps in the summer season itself and achieve their target as during winters there is unavailability of people.
The Lead District Officer (LDO), Neha Mattoo instructed all the banks to go through the Potential Linked Credit Plan thoroughly. Additionally, she asked the banks to raise their issues so that solutions can be planned in the quarterly meeting itself.
The meeting deliberated on the bank-wise performances under different sectors such as Priority and Non-Priority categorized further into sub-sectors. The sub-sectors included agriculture, agriculture infrastructure, MSME, education, housing, social infrastructure, renewable energy and others.
The performances of banks under various Government Sponsored Schemes, including Pradhan Mantri Employment Generation Programme (PMEGP), Kisan Credit Card (KCC), MUDRA, Stand-Up India, Pradhan Mantri Suraksha Bima Yojana (PMSBY), PM SVANidhi, National Urban Livelihood Mission (NULM), National Rural Livelihood Mission (NRLM) and Pradhan Mantri Formalization of Micro Enterprises (PMFME).
Additionally, the representatives of CRISIL foundation operating the Centers for Financial Literacy (CFL) spoke about the centers that they have set up in various blocks and requested the banks to collaborate with them during the field visits.
The meeting was attended by Additional District Development Commissioner, (ADDC), Leh, Sonam Nurboo and branch heads and representatives of the 18 public and private banks operating in Leh district.
