Priyanka Mary Francis, Deputy Commissioner and Chief Executive Officer (CEO) of the Udupi Zilla Panchayat, launched the District Credit Plan for the financial year 2017-18, here recently.
In the credit plan, the total credit target for is ₹ 7,340.02 crore, out of which ₹ 6,520.10 crore has been allocated for priority sector advances.
Chairing the quarterly meeting of the district-level committee for banking development, Ms. Francis reviewed the progress under various government-sponsored schemes, including Rajiv Chaithanya Yojana, Prime Minister’s Employment Generation Programme, State Urban Livelihoods Mission, National Urban Livelihoods Mission, National Rural Livelihoods Mission and Fasal Bima Yojana.
She appreciated the progress achieved under the schemes and hoped that with cooperation and coordination between bankers and government departments, it would not be difficult to show better performance during the forthcoming financial year also.
S.S. Hegde, Regional Manager, Syndicate Bank, Regional Office, said that there was a need to have a focused attention on improving credit-deposit ratio, especially by rural branches.
Sujata Srikantiah, Manager, Reserve Bank of India (RBI), Bengaluru, spoke about the latest instructions and guidelines issued by the RBI on various issues related to banking activities. She emphasised the need to increase credit-deposit ratio of the district. She stressed the need for popularising digital banking system among the customers and public. There were no fake 10 rupee coins, she said.
Francis Borgia, Lead District Chief Manager, urged the banks and departments to focus on a special drive for financial inclusion. S. Ramesh, Assistant General Manager, NABARD, was present.
