Raja Bilal CNI

Budgam: The 91st District Level Review Committee (DLRC) cum District Level Consultative Committee (DLCC) meeting for Q4 of the Financial Year 2024-25 was held today at the New Conference Hall, DC Office Complex Budgam.The meeting was chaired by the Deputy

Commissioner Budgam, Dr.Bilal Mohi-ud-Din Bhat (IAS).The meeting witnessed the participation of Chief Planning Officer Budgam, Lead Bank Manager budgam,Officer from Reserve Bank of India, representatives from RSETI Budgam, District Coordinators of all banks, Heads and representatives of various line

departments, as well as members from CFL and FLCC.The DC while Stressing on the timely sanctioning and disbursing of cases,directed that all departments shall prepare checklist of cases in consultation with the lead bank.He directed Banks to respond same within 7 days time, if not the checklist shall be deemed as final for further necessary action.He asserted that targets should be sought from banks under social security schemes and shared with the chair.

The DC further directed that cases should be sponsored as per the time table.Calling on the mass awareness of schemes for self employment generation, the DC gave instructions that

financial inclusion camps once every month be organized in convergence with other departments particularly RDD in all rural areas of the district.Chairman DLRC/DCC advised the department to have a proactive approach towards their work so that all the benefits be

passed on to the grass root level of the needy for overall economic development of the district.While reviewing the performances, he asserted on more focus in lending to the priority sectors and directed under performing banks to take effective measures in enhancing the lending capitalThe Deputy Commissioner stressed the

need for continued collaboration between financial institutions and line departments to ensure inclusive and sustainable growth, especially in rural and priority sectorsDuring the session, Lead District Manager, Ashfaq Hussain ,presented a detailed overview of the district’s

banking performance for FY 2024-25. He said District has Credit -Deposit (CD) ratio of 106.72%.The district has recorded a year-on-year growth of ₹74.52 Crore in total advances, which increased from ₹5166.77 Crores as on March 2024 to ₹5241.29 Crores by March 2025.

Simultaneously, deposit figures showed a positive growth of ₹97.18 Crores, rising from ₹4813.80 Crores in March 2024 to ₹4910.98 Crores in March 2025—marking a growth rate of 1.44% in advances and 2.01% in deposits.He said Banks operating in the district have disbursed a total of ₹3528.64 Crores during the current fiscal year up to Q4.

Out of this, ₹2210.80 Crores were disbursed under Priority Sector Lending (PSL) and ₹1317.84 Crores under Non-Priority Sector Lending.The lead bank manager said , district has achieved 101.33% of the physical target and 103.87% of the financial target under the Annual Credit Plan (ACP) for the Financial Year 2024-25. Cni