Convener News Desk
Bandipora, Dec 19: Deputy Commissioner Bandipora, Indu Kanwal Chib, on Thursday pulled up banks for poor credit flow to the education sector and unsatisfactory Credit–Deposit (CD) ratios in the district.
She was chairing the District Consultative Committee (DCC) and District Level Review Committee (DLRC) meeting for the second quarter ending September 2025.
While reviewing banking performance for Q2 of FY 2025–26, the meeting was informed that the district achieved 47 per cent of the Annual Credit Plan (ACP) (Priority Sector + Non-Priority Sector) during the first half of the financial year, with disbursement of ₹673 crore against a target of ₹1,411.22 crore.
Of this, the priority sector recorded 37 per cent achievement with ₹315 crore disbursed, while the non-priority sector achieved 62 per cent with disbursement of ₹358 crore.
Expressing concern over the shortfall, the Deputy Commissioner directed all banks to ensure 100 per cent achievement under the priority sector during the current financial year and to put in place concrete, time-bound strategies to boost credit flow.
The DC took serious note of the extremely low lending to the education sector, which stood at around 4 per cent during the last quarter.
She termed education financing a key priority for the district administration and directed the Reserve Bank of India (RBI) representative to take up the issue with concerned banks to improve credit deployment.
Emphasising the importance of education for human capital development and inclusive growth, she stressed the need for proactive banking support in this sector.
Raising concerns over poor Credit–Deposit ratios, the Deputy Commissioner asked banks to improve their performance and accelerate credit off-take, particularly under the Holistic Agriculture Development Programme (HADP).
She instructed banks to ensure 100 per cent coverage of active Kisan Credit Card (KCC) holders through issuance of KCC smart cards, adhere strictly to prescribed Turn Around Time (TAT) in sanctioning cases, and ensure quality sponsorship.
The DC also reviewed progress under Swavalamban/SSS, PM Surya Ghar Muft Bijli Yojana and Mission YUVA, directing banks to clear all pending cases without delay. She further ordered completion of re-KYC of all Jan Dhan accounts, issuance of RuPay cards and ensured that no account remains inactive.
Stressing accountability, the Deputy Commissioner warned against absenteeism and non-performance in DCC/DLRC meetings. She underscored the need for daily follow-up, timely data reporting and clearance of legacy issues.
The meeting also reviewed priority sector achievements, enrolment under social security schemes, digital penetration, unclaimed deposits, the Jansuraksha Campaign, URCs under Tier-6 and availability of banking touch points including branches, ATMs and Business Correspondents (BCs).
Banks were directed to expand outreach by actively engaging Kisan Khidmat Ghars, Bank Sakhis and Financial Literacy and Credit Counselling Centres (FLCCs) as Business Correspondents. Progress under PM Social Security Schemes, digital life certificates, Artisan Credit Cards, KVIC, NRLM, Vishwakarma Scheme and KCC for Animal Husbandry was also reviewed.
The Deputy Commissioner informed that a follow-up meeting with bankers will be convened on January 6, 2026, to review progress under SSS and other key issues.
The meeting was attended by Chief Planning Officer Bandipora Mohammad Maqbool, RBI representative Anup Sharma, and heads of various district departments and banks.
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