7 July 2018:
Expressing concern over the low credit-deposit ratio in the district, Changlang Deputy Commissioner Wajong Khimhun, while attending the District Consultative Committee and District Level Review Committee meeting here on Friday, advised the banks to disburse all the pending loan applications under different Govt schemes before the next DCC meeting and also to improve the CD ratio. The meeting convened by Lead Bank was attended by officials from RBI, NABARD and other banks along with line departments & NERCORMP.
He further advised the banks to achieve the target under ACP in current financial year. As suggested by AGM, RBI, the DC agreed to conduct security audit of bank branches operating in the district with the help of civil police.
Further showing concern over the problems being faced by citizens due to single ATM at the district headquarters and inadequate bank staff, the DC urged the managers, AGM, Reserve Bank and LDM, SBI to take up the same with authority concerned solve the problems.
Tankeswar Doley, Lead District Manager, SBI shared the status of CD ratio, KCC loan, digitalization, PMJDY, PMSBY, PMJJBY, APY etc and opening of account in the district informing that performance is not satisfactory and that the recovery position of the district was also not up to the mark.
He requested the bank branches to seek help of Govt functionaries in this regard and maintain close liaison with the Govt authorities for recovery of bank’s dues. He asked for preparing department-wise defaulters’ list and separate list for Bakijai cases.
Kamal Roy, District Development Manager, NABARD advised all the bank branches to conduct financial literacy camps in villages in their operation area to ensure 100 percent coverage in financial inclusion, issue of ATM/RuPay cards, cashless transactions and Aadhaar seeding. He also informed about different subsidy schemes such as Dairy Entrepreneurship Development Scheme DEDS, National Livestock Mission, AGRI Clinics and AGRI Business Centres ACABC Scheme, Stand-up India, Mudra Yojana, Credit Linked Capital Subsidy Scheme, CM Krishi Rinn Yojana, Deen Dayal Bunkar Yojana etc.
He also sought support from bank managers for credit linkage of SHGs and Farmers’ Clubs in the district. He suggested branch managers to conduct recovery drive involving district administration.
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