Leh, July 3 -- The Chief Secretary of the Union Territory of Ladakh, Dr. Pawan Kotwal, chaired the 12th Union Territory Level Bankers' Committee (UTLBC) meeting to review the banking sector's performance for the quarter ending March 2025.

During the meeting, it was informed that banks in Ladakh achieved 128% of the annual credit target by disbursing Rs.1182.31 crore. Additionally, a total of Rs.2789.71 crore was disbursed under priority and non-priority sector advances, achieving 148% of the set target. The UT recorded a 12% year-on-year growth in total deposits, reaching Rs.10,260.63 crore as of March 2025, while total credit grew by 10%, amounting to Rs.4589.41 crore. The Credit-Deposit (CD) Ratio stood at 44.73% for the said quarter....