District Advisory Committee meeting Held to review the progress of banks

S.A.S. Nagar : District Consultative Committee Meeting was convened today by the Lead Bank Office, Punjab National Bank, SAS Nagar at District Administrative Complex, SAS Nagar to review the progress of Banks for the quarter ending December, 2020 which was attended by District Coordinators of all Banks of the District. The meeting was chaired by Sh. Rajiv Kumar Gupta, ADC (D). Sh. Upkar Singh, Chief Lead District Manager , SAS Nagar welcomed ADC (D), District Development Manager, NABARD, District Co-ordinators, Govt. Officials and all other departments.Sh. Rajiv Kumar Gupta, ADC (D) reviewed progress of all the banks for the Q.E December 2020 under Annual Credit Plan 2020-21 and advised the Bankers to dispose off the PM SVANIDHI applications (PRADHAN MANTRI ATMANIRBHAR NIDHI) and all other pending applications related to Govt. schemes like Kissan Credit Cards to dairy farmers, Self Help Groups Credit Linkage and Prime Minister Employment Generation Programme etc.Sh. Upkar Singh, Chief LDM informed that the district has surpassed the Priority Sector targets with an achievement of 58.68% against the national goal of 40%. The Credit Deposit Ratio is 65.63% against the national goal of 60%. Under Prime Minister Mudra Yojna, 23,037 beneficiaries have been sanctioned loan up to 31.12.2020.
Under Pradhan Mantri Suraksha Bima Yojna 1,41,717 & Pradhan Mantri Jeevan Jyoti Beema Yojna 49,509 beneficiaries had been covered up to 31.12.2020. Sh. Upkar Singh also urged the banks to give special focus on social security schemes launched by Govt. of India like Pradhan Mantri Suraksha Bima Yojna, Pradhan Mantri Jeevan Jyoti Beema Yojna and Atal Pension Yojna.Sh. Sanjeev Kumar Sharma, District Development Manager NABARD discussed the Joint Liability Groups, Self Help Groups and the Area Development Scheme in respect of Dairy and polyhouse. Formation of Farmer Produce Organizations was also discussed to mobilize maximum farmers for the purpose.Sh. SriKrishna Biswas, Lead Distrcit Officer, Reserve Bank of India, conveyed his message that Rural bank branches may conduct Financial Literacy Camps as per RBI guidelines.However, Govt. guidelines on COVID must be adhered to at the time of conducting of such camps. He added that Despite continuation of COVID-19 Pandemic, the District Administration and the bankers have ensured the smooth functioning of bank branches, ATMs and BCs and extended uninterrupted banking services to public. The role played by banks was appreciated. Shri Upkar Singh, Chief LDM conveyed his thanks to ADC(D) for his valuable guidance and ensured District Administration that Banks will put their best efforts for the smooth implementation of all the Govt. Schemes and shall achieve all the priority sector targets of the district in future also.