Bilaspur (Himachal Pradesh), Additional Deputy Commissioner (ADC) Bilaspur Nidhi Patel said that private sector banks in the district should give more benefits to the people under various government schemes, especially pension schemes.
During a meeting with the bankers' committee on Friday, he said that compared to public sector banks, private banks were opening very few accounts under the central government's social security pension schemes, which was shocking and asked how private lenders would do more in this sector. Why am I lagging behind?
Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana are some important schemes of the Central Government.
He directed officials of ICICI Bank, Axis Bank and HDFC Bank to ensure opening of maximum number of accounts under the Centre's flagship social security pension schemes before the next quarterly meeting.
He said that the loan deposit (CD) ratio of private banks has increased from 25.49 percent to 26.92 percent in the last quarter.
This CD ratio still at low level means that private banks are giving less loans to the people and due to this the pace of development in the district is being affected. Patel directed the concerned officials to increase the CD ratio and give maximum loans to the people.
ADC also instructed the officials to provide maximum loans in the agriculture sector and expressed concern over the less loans given by SBI in this sector.
He directed the officials of the Industries Department and all banks to organize as many awareness camps as possible in rural and urban areas regarding the schemes of the Center and the State.
He told the attendees that during the Rabi season 2022-23, 13,444 farmers of Bilaspur were given benefits under the Pradhan Mantri Fasal Bima Yojana, while during the Kharif season, 14,405 farmers got the benefits.
During a meeting with the bankers' committee on Friday, he said that compared to public sector banks, private banks were opening very few accounts under the central government's social security pension schemes, which was shocking and asked how private lenders would do more in this sector. Why am I lagging behind?
Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana are some important schemes of the Central Government.
He directed officials of ICICI Bank, Axis Bank and HDFC Bank to ensure opening of maximum number of accounts under the Centre's flagship social security pension schemes before the next quarterly meeting.
He said that the loan deposit (CD) ratio of private banks has increased from 25.49 percent to 26.92 percent in the last quarter.
This CD ratio still at low level means that private banks are giving less loans to the people and due to this the pace of development in the district is being affected. Patel directed the concerned officials to increase the CD ratio and give maximum loans to the people.
ADC also instructed the officials to provide maximum loans in the agriculture sector and expressed concern over the less loans given by SBI in this sector.
He directed the officials of the Industries Department and all banks to organize as many awareness camps as possible in rural and urban areas regarding the schemes of the Center and the State.
He told the attendees that during the Rabi season 2022-23, 13,444 farmers of Bilaspur were given benefits under the Pradhan Mantri Fasal Bima Yojana, while during the Kharif season, 14,405 farmers got the benefits.
