Announcing this at a review committee meeting on performance of banking sector during the first quarter of 2012-13, Deputy General Manager of Syndicate Bank stated that growth in deposit of rural branches was nearly 41 per cent surpassing that of branches in urban areas which registered growth of 28 per cent.
Chief Manager of Lead Bank (Syndicate Bank) Hemanth Bhide said that banks have surpassed statutory targets with regard to lending to priority sector, farm sector, weaker-section advance, lending to minorities and credit to women. Banks have surpassed quarterly targets under schemes like Udyogini for women beneficiaries, Chaitanya for backward classes, Swawalambana for minorities, Tribal Sub Plan for scheduled tribes and Special component scheme for scheduled castes.
Asst General Manager of NABARD Prasad Rao observed that the district has potential to emerge as a major centre of goat farming in the country in the near future.
Project Director of District Urban Development Centre Takat Rao said that progress under 'Namma Mane' needs to be improved and requested controlling offices of banks to sensitise branches about the scheme.
Presiding over the meeting, CEO of Zilla Panchayat Dr K N Vijayprakash said that the pending level was very high under Vajpayee Housing Scheme and requested controlling offices of banks to ensure credit decisions on applications were taken by branches within 15 days. He observed that the decision taken on promoting goat farming in the district had started yielding results and complimented the bankers and entrepreneurs for the initiative.
Manager of Reserve Bank of India, Bangalore, Vijaykumar A, shared his opinions on the occasion. Lead District Chief Manager proposed vote of thanks.
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