With an intention to help the State, which received devastation after cloudburst on June 16-17, banks have come forward and made donation of Rs 56 crore in Chief Minister’s Relief Fund so far.
Besides banks have also given special relief to their customers, who have taken loan for business during Char Dham Yatra, as per the RBI guidelines. In which bank has postponed old loan for next one years and doing restructuring of the existing loan. Meanwhile bank has restructured 20,796 loan so far and disburse Rs 165.73 crore fresh loan among 6,777 beneficiery. This was disclosed in 46th State level bankers committee meeting in Dehradun on Saturday.
Although the meeting was supposed to be inaugurated by the state finance minister Indira Hridayesh but could not attend the meeting due to personal reason. later the meeting was inaugurated by Principal Secretary Home Omprakash. As per the target of 2013-14 bank has disbursed loan of Rs 1,717 crore out of Rs 10,666 crore targets till June 2013.
It means bank have disbursed 16 percent target. As per the detail in farm sector they disbursed Rs 863 crore out of Rs 4,868 crore target, in non farming sector Rs 309 crore out of Rs 2148 crore and other primary sector they disbursed Rs 545 crore out of Rs 3660 crore. Till march 2013 credit deposit ration (CDR) was 57.78 percent while it increased Rs 58.38 percent till June 2013. In addition to reviewing the activities of the institutional lending, the quarterly meetings discuss various issues concerning the economic development of the State, where banks play a pivotal role. Its objective at finding solution to the various problems confronting the State.