Stresses timely credit delivery & universal financial inclusion
Shopian: The District Level Review Committee/District Consultative Committee (DLRC/DCC) meeting for the second quarter of the financial year 2025–26 (ended September 30, 2025) was convened Wednesday at the Mini-Secretariat Shopian, which was presided over by Deputy Commissioner (DC) Shopian, Shishir Gupta.
During the meeting, a comprehensive review of the district’s banking performance was carried out with special focus on credit-deposit ratio, sector-wise lending, priority sector advances, agriculture and allied sector credit, self-employment schemes and progress under government-sponsored programmes including PMJDY, KCC, PMEGP, Mudra and others.
It was apprised that the growth in deposits as on September, 30th, 2025 has shown increase of 11% on YOY basis and 3% decrease as compared to previous quarter ended 30th June, 2025. The growth in advances as on September 30, 2025 has shown increase of 8% on YOY basis and 6% increase as compared to the previous quarter ended 30th June, 2025.
Priority sector advances have shown an increase of 8% on YOY basis and 1% decrease as compared to the previous quarter ended 30th June, 2025. Non priority sector of the district have shown an increase of 9% on YOY basis and 1% increase as compared to previous quarter 30th June, 2025.
Against the financial target of Rs. 2016.87 crore and physical target of 43814 beneficiaries under DCP 2025-26, the various banks operating in the district have disbursed Rs. 1110.37 Crore to 35242 beneficiaries ending 2nd quarter of financial year 2025-26, thereby achieving the financial targets by 55% and physical targets by 80%.
Te DC stressed the need for timely and hassle-free credit delivery, especially to farmers, youth, entrepreneurs and Self Help Groups (SHGs) and directed banks to expedite disposal of pending credit disposal cases, improve coverage under social security schemes and strengthen financial literacy initiatives at the grassroots level.
Emphasizing inter-departmental coordination, the DC urged line departments to ensure prompt submission of viable cases to banks and resolve bottlenecks in implementation. He also highlighted the importance of increasing digital banking and ensuring saturation of eligible beneficiaries under flagship schemes.
The meeting was attended by CPO, Shopian, Mudasir Ahmad; LDM, Farooq Ahmad Dar; Cluster-Head J&K Bank, Abdul Majid; DDM, NABARD, Junaid Ahmed, representatives of RBI & RESETI, district officers of line departments and officials from various banks operating in the district.
