Pauri district magistrate Sushil Kumar while presiding over a coordination committee meeting on Wednesday expressed unhappiness over the lower rate of loan-deposit ratio and said the ratio was only 23.57 per cent for the current quarter which is very low.
He said the ratio should be 40 per cent in the district. The meeting discussed several issues, including the loan distribution by the banks, the Government-launched schemes and the loan-deposit ratio.
DM further stressed on SBI and PNB making sincere efforts to raise the loan-deposit ratio in the district.
DM instructed the bankers to ensure that the loan applications under the Government schemes are cleared promptly. He also laid stress on the agriculture loan being given in the maximum capacity.
He urged the bankers to clear loans for the beneficiaries based on their application forwarded by the departments concerned. He asked them to provide him with a list of the applicants to quicken the pace of loan disbursal. The banks were asked to have Jandhan Yojana and other savings accounts with the Aadhar numbers.
“Under the instruction of the Union Government, the income of the farmers should be doubled by the year 2022 and in this regard, 1,100 hectare land has been assigned for cluster- based farming. Besides, stress trained on self-employment, the bankers should be generous about the loan application of the youth interested in self-employment,” DM said.
A lead Bank officer Nand Kishore informed the meeting that the CD ratio of Deena Bank is 149 per cent, the highest in the district, while the lowest is 5.59 percent of ICICI bank. SBI has 16 and PNB has 11 percent, he added.
Among those present at the meeting were the chief development officer Ravneet Chima, chief treasury officer lakhendra Gothiyal, DDO Ved Prakash, a manager NABARD Vijendra Negi and DHO Narendra Kumar.