SHOPIAN, SEPTEMBER 29: The District Level Review Committee/ District Consultative Committee (DLRC/ DCC) meeting for the 1st quarter of the financial year 2025–26 was convened today under the chairmanship of Additional District Development Commissioner (ADDC) Shopian, Dr. Nasir Ahmed Lone, at the Meeting Hall of Mini Secretariat, Shopian.
The meeting was informed that the growth in deposits as on 30th June 2025 has shown an increase of 18% on YOY basis and 4% decrease as compared to previous quarter ended 31st March 2025. The growth in advances as on June 30th 2025 has shown an increase of 7% on YOY basis and 6% increase as compared to the previous quarter ended 31st March 2025.
Priority sector advances have shown an increase of 8% on YOY basis and 10% increase as compared to the previous quarter ended 31st March 2025. Non Priority sector of the district has shown an increase of 16% on YOY basis and 12% increase as compared to previous quarter 31st March 2025.
CD ratio of the district is ideal at 129 as on June 30th 2025 against minimum stipulation of 60%. Against the financial target of Rs. 2016.87 crores and physical targets of 43814 beneficiaries under DCP 2025-26, the various banks operating in the district have disbursed Rs. 524.21 Crores to 16529 beneficiaries during 1st quarter of financial Year 2025-26, thereby achieving the financial targets by 25% and physical targets by 38%.
The meeting was attended by the Lead District Manager (LDM), Farooq Ahmed, Cluster Head J&K Bank, district officers of line departments, representatives of RBI, NABARD, financial institutions and sponsoring agencies.
During the meeting, ADDC took a comprehensive review of the performance of banks and line departments under Annual Credit Plan (ACP), priority sector lending, government-sponsored schemes including PMEGP, PMFME, PM Vishwakarma, MUDRA, NRLM, PMAY, HADP, PM Kisan, PMFME, JKREGP and other flagship programmes.
Lead District Manager presented the quarter-wise performance through power-point presentation on the occasion.
ADDC stressed upon banks to improve Credit–Deposit Ratio (CDR), ensure timely sanction and disbursement of loans and give focused attention to employment generation schemes so that the youth are provided with sustainable livelihood opportunities. He directed banks to adopt a beneficiary-friendly approach and to ensure that cases sponsored by line departments are disposed-off within the stipulated time.
ADDC further emphasized the need for coordination between banks and departments, saturation of social security and financial inclusion schemes.
Concluding the meeting, ADDC directed all banks and departments to work with renewed commitment to achieve the fixed targets within the prescribed timeline and ensure that the benefits of financial inclusion percolate to the grassroots level.
Shopian banks achieve 25% fin targets in Q1
