Banks In J&K Lend Rs 14,842 Cr, J&K Bank Contributes 65%
Srinagar, Jan. 28 -- Banks operating in the Union Territory of Jammu and Kashmir have provided a total credit of Rs14842.51 Cr in favour of 392273 beneficiaries against a target of Rs35771.56 Cr for 1232611 beneficiaries under Priority as well as Non-Priority Sector, thereby registering an achievement of 41.49per centand 31.82 per cent in financial and physical terms respectively under the Annual Action Plan (ACP) 2019-20.The review covers period upto September 30, 2019, said a J&K Bank statement on Tuesday.
Chairman and MD, J&K Bank (Convenor, UTLBC J&K) Rajesh Kumar Chhibber briefed the house in the 1st Union Territory Level Bankers' Committee (UTLBC) meeting of J&K held here today.
Chief Secretary J&K Government B V R Subrahmanyam (I...
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