Rs 914.46 cr distributed by various banks under DCP in Srinagar

Kashmir Age
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Kashmir Age
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Srinagar, Sept 27 :  An amount of Rs 914.46 crore has been distributed by various banks in priority and non-priority sectors under District Credit Plan (DCP) in Srinagar district in the first quarter of the current fiscal year.
Officials here said on Wednesday that by June 2017, around Rs 914.46 crore have been distributed, against the target of Rs 5970.73 crore in the district by financial institutions in the district under priority and non-priority sectors.
Meanwhile, District Development Commissioner Srinagar, Syed Abid Rashid Shah, while chairing District Level Review Committee (DLRC) here yesterday, stressed on enhancement in the overall credit flow of banks in the district which is must for financial impetus and improving income levels and thereby help in raising standard of living of people.(UNI)

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