Pulwama Banks Cross ₹6,218 Crore Advances, Deposits Reach ₹5,902 Crore; CD Ratio Stands at 105.36%

DC Reviews Banking Performance, Pushes for Faster Credit Flow Under Mission YUVA, KCC and Flagship Schemes

Pulwama, June 16: Pulwama district recorded bank advances of ₹6,218.79 crore against deposits of ₹5,902.15 crore as of March 31, 2026, with the Credit-Deposit (CD) Ratio standing at 105.36 per cent, officials informed during a District Level Review Committee (DLRC) and District Consultative Committee (DCC) meeting chaired by Deputy Commissioner Pulwama, Dr. Basharat Qayoom, at Circuit House here on Monday.

Lead District Manager (LDM) Pulwama presented a detailed review of the district’s banking performance for the fourth quarter of the financial year 2025-26, highlighting progress under various credit-linked, employment generation and financial inclusion schemes.

The Deputy Commissioner reviewed bank-wise and sector-wise performance under the District Credit Plan (DCP) and assessed the implementation of schemes including Mission YUVA, Prime Minister’s Employment Generation Programme (PMEGP), PM Vishwakarma, PM Surya Ghar, PM Formalisation of Micro Food Processing Enterprises (PMFME), National Rural Livelihoods Mission (NRLM), Holistic Agriculture Development Programme (HADP), Artisan Credit Card and Weavers Credit Card.

Reviewing progress under Mission YUVA, Dr. Qayoom directed banks to expedite the sanctioning and disbursement of pending cases and ensure timely financial assistance to aspiring entrepreneurs. He stressed close coordination among banks, line departments and beneficiaries to reduce pendency and improve implementation of the scheme.

The Deputy Commissioner also called for timely processing of applications and enhanced credit flow under government-sponsored programmes to promote entrepreneurship and create sustainable livelihood opportunities in the district.

During the meeting, the Chair reviewed the status of Kisan Credit Cards (KCC) issued under the Agriculture, Animal Husbandry and Fisheries sectors. He directed departments and banks to intensify efforts to cover all eligible beneficiaries and ensure prompt disposal of pending applications. He also stressed the inclusion of all eligible PM-KISAN beneficiaries under the KCC scheme.

The implementation of social security schemes, including Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY) and Pradhan Mantri Jan Dhan Yojana (PMJDY), was also reviewed. The DC directed banks and line departments to strengthen enrolment drives and achieve saturation targets within stipulated timelines.

Emphasising financial inclusion, Dr. Qayoom called for greater financial literacy and awareness programmes in rural and remote areas, particularly on digital banking services, social security schemes and credit-linked livelihood opportunities.

He also reviewed the functioning of the Rural Self Employment Training Institute (RSETI) and stressed the need for stronger post-training support and credit linkage for trained candidates to facilitate self-employment and enterprise creation.

The meeting further discussed preliminary preparations for the Potential Linked Plan (PLP) 2027-28. The Deputy Commissioner directed all stakeholder departments to coordinate closely with banks and NABARD to ensure realistic and development-oriented credit planning for the district.

The meeting was attended by the Chief Planning Officer, General Manager DIC Pulwama, Lead District Manager, representatives of the Reserve Bank of India and NABARD, Cluster Head of J&K Bank, officers of line departments, and representatives of various banks and financial institutions.