The State’s Credit Deposit (CD) ratio has reduced to 57 points, this is a matter of deep concern for the State there is a need to improve CD ratio, said Additional Chief Secretary Planning cum Finance Department KK Khandelwal on Wednesday during 67th State Level Bankers Committee (SLBC) meeting .
Khandelwal, however, said that the banks have done their best. In the field of the Prime Minister Jan Dhan Yojana, the banks have performed very well. In this scheme, the target of opening 54 lakhs accounts was fixed, but the banks have succeeded in opening more than one crore accounts, which is commendable.
Khandelwal said that there is need to encourage the villagers for the Prime Minister’s Mudra Yojana. He said that there are many problems between the bank and the government. “Let us know the problem will be solved,” he said assuring immediate execution of all cases pending on the Deputy Commissioner level.
Addressing the gathering on the occasion Principal Secretary, Rural Development Department, Avinash Kumar said that if the beneficiaries of various schemes get their money on time, it will be an achievement for the banks. Kumar said to banks to pay attention to this point. He also said that the banks should be avoided by demanding Know Your Customer (KYC) repeatedly to the customers.
He also said that businesses flourish when the market is full of capital. If there is no capital then it will be difficult for business to grow so it is duty of banks to provide capital to the market and in doing so they have to simplify the process of loan.
Speaking on various issues related to banking system General Manager, SLBC, Chandrashekhar Sahay said that all the Lead District Managers (LDM) have done a great job. All the 24 LDMs of the State are similar to axis of the banks. Their contribution was incomparable. He hoped that in the next financial year, they will do even better and work better.
“The banks have shown good performance for women, weaker section of society and minorities. Apart from this, satisfactory work has also taken place in the agriculture sector,” said Sahay.
Reserve Banks of India (RBI) General Manager Sanjeev Dayal said that in there is need to curb cyber fraud. “If there is such an incident in a bank then immediately inform us. So that such kinds of people can be nabbed,”
he added.
NABARD Chief General Manager AK Padhi said that the banks have done a good job in the financial year 2018-19. He congratulated all the bank officials for this. Padhi said that in some areas we need to do better work now.
Keeping the feet on the ground and keeping eye on the sky, we have to achieve all the goals.