Srinagar, Dec 19: Banks operating in Srinagar district have registered deposits of Rs 40,395 crore and advances of Rs 26,296 crore, achieving a Credit-Deposit (CD) ratio of 65 per cent as of September 2025, officials informed during a District Level Review Committee/District Consultative Committee (DLRC/DCC) meeting held here on Thursday.
The meeting, chaired by Deputy Commissioner Srinagar Akshay Labroo at the DC Office Complex, reviewed the performance of banks and sponsoring departments under various government initiatives and flagship schemes for the financial year 2025–26. The DC conducted a detailed sector-wise assessment of banks’ performance, including achievements under priority and non-priority sector lending in line with the Annual Credit Plan.
Addressing the meeting, the Deputy Commissioner urged banks and sponsoring agencies to focus on achieving priority sector lending targets and to improve ease of access to banking facilities for consumers. He stressed effective implementation of self-employment schemes such as Mission YUVA, Holistic Agriculture Development Programme (HADP), JKCIP and PM Surya Ghar Muft Bijli Yojana, among others, with emphasis on financial inclusion through proper handholding of beneficiaries.
The DC said meritorious performance at the branch level would be recognized through special awards, while below-average performance would be closely monitored and formally taken up with the HR divisions of the concerned banks. He also directed banks to sensitize staff to deal with customers compassionately and ensure timely redressal of public grievances.
During the meeting, it was also informed that banks in Srinagar have disbursed total credit of Rs 6,353.23 crore to 86,989 beneficiaries under various schemes, achieving 72 per cent of the target till the quarter ending September 2025 of the current financial year.
The meeting was attended by Chief Planning Officer Fayaz Ahmad Dar, General Manager DIC Hamida Akhtar, Lead District Manager (Banks) Nelofer Jan, LDO RBI, DDM NABARD Purnima Kakroo, Director RSETI Bashir Ahmad, district officers, cluster heads of J&K Bank, and representatives of banks and financial institutions operating in the district.
