Banks’ performance, govt schemes reviewed

BOLENG, Jul 30: Siang DC Rajeev Takuk on Monday reviewed the performance of all the banks in the district under the annual credit plan for the quarter end of March 2019. He also reviewed the status of the CD ratio in the district, and sought updates from all concerned.
The house discussed the progress of various government-sponsored schemes, the NPA, and the banks’ recovery position. The participants, including HoDs and bank managers, also deliberated on ways to achieve the government’s objective of doubling the farmers’ income by 2022 and financial inclusion of all through social security schemes.
The HoDs offered suggestions on removing the difficulties in the implementation of schemes, and ways to ensure coordination between banks and the departments concerned. (DIPRO)