JK Bank holds DLRC meeting in Baramulla, installs three new ATM’s

Kashmir Age
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Kashmir Age
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SRINAGAR: Jammu and Kashmir Bank Monday held District Level Review Committee meeting of District Baramulla and also inaugurated three more ATMs in North, and South Kashmir.

The DARK meet for district Baramulla was held for Quarter ending June 2018 was conducted by Lead Bank Office Baramulla a few days backunder the Chairmanship of District Development Commissioner Baramulla Dr Nasir Ahamad Naqash.

Lead District Manager Altaf Ahmad Wani informed the house that against a target of Rs 2595.12cr  under Annual Credit Plan for District for the year 2018-19 an achievement of Rs 533.96cr has been recorded upto 30th June 2018, benefiting 16189 person under various schemes.

The priority sector advances of the district as on 30thJune 2018 were Rs 2301.71 which is 66.10% of Total Advances.

The CD ratio of the District at the end of Qtr June 2018 stood at 77.21%.

Notably, out of total credit disbursement of Rs 533.95 Cr upto Quarter ending June 2018, J&K Bank alone has disbursed an amount of Rs 463.29Cr which is 87%. Likewise out of total Priority sector & Non Priority sectors disbursement for the quarter of Rs 350.92 Cr & 183.03 Cr respectively J&K Bank has disbursed an amount of     Rs 308.59 Cr  & 154.70 Cr respectively.

J&K Bank has a CD Ratio of 78.56 % upto 30.06.2018 as against CD Ratio of 77.21 for the District.

Meanwhile, since the District has been designated as Aspirational District by MoF-GoI, the Cumulative targets for E-Gram Swaraj Abhiyan were not only achieved but surpassed.

An ATM machine was inaugurated at Sub District Hospital, Daver Gurez.

Two more automated teller machines (ATMs) were installed in south Kashmir.

An offsite automated teller machine (ATM) was installed at South Campus University of Kashmir Anantnag while another was installed at Wanpoh Chowk Anantnag

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