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The meeting was chaired by District Development Commissioner Ayushi Sudan, with focus on critical banking parameters including deposit mobilization, credit deployment, and implementation of the Annual Credit Plan for the financial year 2025-26, alongside a thorough assessment of the promotion of Government Sponsored Schemes and Social Security initiatives.
The meeting was convened by Lead District Manager Subash Chander. The deliberations benefited from the participation of senior officials from Reserve Bank of India, NABARD, key line departments including Agriculture, Animal Husbandry, Sheep Husbandry and Fisheries, along with District Coordinators from major banking institutions and representatives from various government sponsoring agencies. The forum provided a comprehensive platform for reviewing the districtâs banking landscape and identifying strategies for enhanced credit penetration and financial inclusion.
Presenting the operational highlights, the Lead District Manager informed the Committee that banks operating across Samba District have achieved aggregate deposits of Rs. 8,641.03 crore and advances of Rs. 5,022.70 crore as on June 30, 2025, resulting in a Credit-Deposit ratio of 58.13 percent. The districtâs banking network has recorded credit disbursement of Rs. 915.79 crore against the Annual Credit Plan target of Rs. 2,580.44 crore, representing a 35 percent achievement during the first quarter and demonstrating steady progress toward annual targets.
The District Development Commissioner conducted an exhaustive review of Government Sponsored Schemes with particular emphasis on PMEGP, JKREGP, Kisan Credit Card, PMAY, NRLM and NULM.
Underscoring the imperatives of digital financial inclusion, the DDC emphasized achieving 100 percent digitization of bank accounts across the district to facilitate seamless financial transactions. The Chair directed all sponsoring agencies and banking institutions to undertake extensive awareness campaigns to educate citizens about various self-employment schemes, encouraging eligible individuals to leverage these initiatives for creating sustainable livelihood opportunities and fostering entrepreneurial development within the district.
The District Development Commissioner issued specific directives to all banking institutions to expeditiously dispose of pending loan applications sponsored by various government departments, thereby eliminating procedural bottlenecks and accelerating credit delivery. Banks were instructed to substantially increase lending operations, particularly in Agriculture and Allied activities, MSME, Housing and Education sectors, to achieve a healthier Credit-Deposit ratio. Special emphasis was placed on ensuring comprehensive coverage of all eligible beneficiaries under Social Security Schemes including PMSBY, PMJJBY and APY, thereby strengthening the financial security framework for vulnerable sections of society and contributing to inclusive growth in Samba District.