ADC (G) instructed to issue notices to Bank District Coordinators absent during district level consultative committee's quarterly meeting
Asks officials of banks to provide maximum loans to youngsters and self-help groups for self-employment
Prescribed charges for Aadhaar card to be clearly specify in bank premises
Instructs to strictly adhere to the instructions of RBI for 'Scale of Finance' while providing loan for agricultural purposes
Directed to shun the practices of multi-financing by customers
Financial Literacy Officer instructed to sensitize public about Mahatma Gandhi Sarbat Vikas Yojana
Banks asked to send at least three District Coordinators during Mahatma Gandhi Sarbat Vikas Yojana camps
SAS Nagar, December 02, 2019: Taking serious note of the ignorant bank officials for not providing benefits of various government schemes to the beneficiaries, Additional Deputy Commissioner (General) Mrs. Sakshi Sawhney today reprimanded bank officials. She was chairing the quarterly meeting of the District Level Consultative Committee meeting here at District Administrative Complex.
She said notices would be issued to the District Coordinators (DCOs) of the banks who would be absent in the quarterly meeting of the District Level Consultative Committee as each DCO acts as a link between all branches of banks and district administration. Hence, in case of their absence, required instructions of district administration could not reach to the concerned bank officials.
She directed the bank officials to provide maximum loans to the youth and members of self help groups for self-employment as doing so problem of unemployment could eliminate. "Representatives of banks should achieve all the targets of the government schemes of various sectors before the next meeting", she added. Mrs. Sawhney said that there are complaints that banks are over charging for Aadhaar card enrolment and updation, thus bank authorities should clearly specify the prescribed charges in their banks.
The Additional Deputy Commissioner also said that the instructions of RBI regarding 'Scale of Finance' should be strictly adhered while providing loans for agricultural purposes. She also instructed to shun the practices of multi-financing by the customers. She asked Financial Literacy Officer of the banks to sensitize public about Mahatma Gandhi Sarbat Vikas Yojana and categorically told the bankers to send at least three District Coordinators during Mahatma Gandhi Sarbat Vikas Yojana camps.
Reviewing the progress of the Banks for the quarter ending September 2019, she advised bankers to clear the pendency of cases by December 31 under Govt. sponsored Schemes like PMEGP, KVIB, NULM & Dairy etc. The target of 10 MUDRA loans to by each branch in the district has been allocated for the self employments schemes. She also stressed upon sanction of standup India loans at least two cases per branch by banks to increase the credit flow / loan in the district. She also urged the banks to give special focus on social schemes like PMSBY, PMJJBY and APY.
Mr. Darshan Sandhu, Chief LDM informed that the district has surpassed the priority sector target 46.17% against the national goal of 40%. The Credit Deposit Ratio improved 68.97% against the national goal of 60%. Under Prime Minister Mudra Yojna, 19141 beneficiaries have been sanctioned loan up to 30.09.2019. Under PMSBY: 109610 & PMJJBY: 33324 beneficiaries had been covered up to 30.09.2019.
Mr. Sanjeev Kumar Sharma, DDM NABARD discussed the projections of PLP for 2020-21, regarding Marketing Schemes of DMI, DEDs scheme reviewed , RIDF non-starter projects, JLG/SHG and the Area Development Scheme in respect of Dairy and poly house. All DCO’s were told to view ensure.nabard.org portal for viewing budgetary allocations under DEDS scheme.
Mr. Krishna Biswas, LDO RBI stressed upon the timely submission of LBRs. He also advised all the bankers to submit the data, especially Private sector banks in time. Mr. H.D. Babbar, AGM, PNB thanked all the bankers and also ensured the Administration to meet the targets in the next quarter meeting.
NABARD launches Potential linked credit Plan (PLP) for 2020-21
During meeting, Additional Deputy Commissioner (General) Mrs. Sakshi Sawhney launched Potential linked Credit Plan (PLP) for the year 2020-21 for district SAS Nagar. DDM, NABARD Mr. Sanjeev Sharma said that total credit potential plan under the priority sector has been estimated Rs.6945.53 crore for the financial year 2020-21.
Lok Adalat to settle bank cases on December 14
Chief LDM Mr. Darshan Sandhu said that Lok adalat would be held on December 14 to settle down all the cases pertaining to banks. He appealed all the District Coordinators to reach the lok adalat to solve their issues.