DDC Reasi reviews performance of Banks at DLRC meeting

REASI: District Development Commissioner (DDC) Reasi Nidhi Malik today chaired the District Level Review Committee (DLRC)-cum-District Consultative Committee (DCC) meeting in the VC Room, DC Office Complex to review the performance of banks for the quarter ending June 2025. A detailed discussion was held on sector-wise lending in priority and non-priority sectors, bank-wise position of deposits and advances, and the progress of various financial inclusion schemes in the district.

While reviewing the Credit Deposit (CD) Ratio, the DDC appreciated the improvement made as compared to the previous quarter. She, however, directed the banks with low CD ratios to take corrective measures and improve their performance in the upcoming quarter. The DDC emphasised that the flow of credit to priority sectors such as agriculture, renewable energy, housing and allied activities must be further enhanced to promote inclusive growth.

In terms of financial inclusion, the DDC directed all banks to submit weekly progress reports to the Lead District Manager (LDM), who will also conduct weekly reviews. She called for launching an intensive campaign at the Gram Panchayat level, with specific targets set for the next six months to ensure a net increase in financial inclusion. The DDC stressed the need for better coordination between banks and line departments to resolve grievances, ensure timely case processing and extend maximum benefits to the public.

Highlighting the need to improve banking access in remote areas, the DDC asked banks to explore possibilities for opening new bank branches in far-flung areas such as Jij Bagli, Thakrakote and Gulabgarh. She also directed that ATM facilities and Business Correspondents be made regularly available in these areas. The meeting was attended by Chief Planning Officer Narinder Kumar, representatives from RBI, NABARD, LDM Reasi Raman, DSHO, CAO and other concerned officers.