News & Announcement
DLCC Meeting Reviews Banking Performance and Financial Inclusion in Gyalshing
Gyalshing, May 11 (IPR): The District Level Consultative Committee (DLCC)-cum-District Level Review Committee (DLRC) meeting for Gyalshing District for the quarter ending March 31, 2026, was held today at the Zilla Panchayat Conference Hall, Gyalshing(Kyongsa).
The meeting was chaired by the Additional District Collector (ADC), Gyalshing, Mr Suresh Rai, and attended by Zilla Member (Gyalshing–Omchung TC) Mr Sagar Sharma, AGM NABARD Mr Ruben Lamicheney, AGM SLBC, SBI Sikkim Mr Gopal Lama, Lead District Officer, RBI Mr Anuj Raina, Lead District Manager, SBI Mr Nitesh Kumar, officials from line departments and representatives of banks operating in the district.
The meeting reviewed the performance of banks and financial institutions in the district under various priority sector lending programmes, government-sponsored schemes, social security initiatives and financial inclusion activities for the financial year 2025–26.
During the review, it was informed that the overall Credit-Deposit (CD) Ratio of the district improved to 59.32% as of March 31, 2026. The committee also reviewed the achievements under the Annual Credit Plan (ACP), where the overall achievement in the Priority Sector stood at 82.89% by the end of the fourth quarter of FY 2025–26.
Sector-wise performance under the ACP was discussed in detail. The Agriculture and Allied sector recorded an achievement of 61.21%, while the MSME sector achieved 100.86%. The Other Priority Sector and Non-Priority Sector registered achievements of 147.89% and 134.18%, respectively.
The committee further reviewed the implementation status of various government-sponsored schemes, including PMEGP, PM Vishwakarma, PM Mudra Yojana, SHG Credit Linkage under SRLM, Kisan Credit Card (KCC), Housing Finance, Education Loans and social security schemes such as PMJJBY, PMSBY, PMJDY, and APY.
Addressing the gathering, the ADC reviewed the progress of the Credit-Deposit (CD) Ratio, which had been highlighted as an important issue during the previous meeting. He stated that financial institutions play a crucial role in implementing various State and Centrally Sponsored Schemes aimed at improving the socio-economic conditions of people, particularly in rural areas.
He emphasized that banks, as key stakeholders in the development process, should continue to discharge their responsibilities with sincerity and commitment while ensuring accessible and citizen-friendly banking services. He further stressed the importance of coordinated efforts among all stakeholders and stated that departments and banking institutions should work together to create greater awareness about government schemes, banking facilities and financial opportunities so that people, especially in rural areas, can benefit from them effectively.
During the meeting, he underscored the need for banks to enhance credit flow to the agriculture sector, strengthen financial inclusion initiatives and ensure timely processing of applications under various flagship schemes. Banks were also advised to conduct Financial Literacy Camps and Block Level Bankers’ Committee (BLBC) meetings regularly in accordance with Reserve Bank of India (RBI) guidelines.
The Additional District Collector appreciated the efforts of the participating banks and departments and called upon all stakeholders to work in close coordination towards achieving inclusive and sustainable economic growth in the district.
Queries raised by the bank representatives were addressed by the AGM NABARD, AGM SLBC, LDO RBI, and LDM SBI.
The meeting concluded with discussions on various agenda items and action points for the upcoming quarter.
The meeting was chaired by the Additional District Collector (ADC), Gyalshing, Mr Suresh Rai, and attended by Zilla Member (Gyalshing–Omchung TC) Mr Sagar Sharma, AGM NABARD Mr Ruben Lamicheney, AGM SLBC, SBI Sikkim Mr Gopal Lama, Lead District Officer, RBI Mr Anuj Raina, Lead District Manager, SBI Mr Nitesh Kumar, officials from line departments and representatives of banks operating in the district.
The meeting reviewed the performance of banks and financial institutions in the district under various priority sector lending programmes, government-sponsored schemes, social security initiatives and financial inclusion activities for the financial year 2025–26.
During the review, it was informed that the overall Credit-Deposit (CD) Ratio of the district improved to 59.32% as of March 31, 2026. The committee also reviewed the achievements under the Annual Credit Plan (ACP), where the overall achievement in the Priority Sector stood at 82.89% by the end of the fourth quarter of FY 2025–26.
Sector-wise performance under the ACP was discussed in detail. The Agriculture and Allied sector recorded an achievement of 61.21%, while the MSME sector achieved 100.86%. The Other Priority Sector and Non-Priority Sector registered achievements of 147.89% and 134.18%, respectively.
The committee further reviewed the implementation status of various government-sponsored schemes, including PMEGP, PM Vishwakarma, PM Mudra Yojana, SHG Credit Linkage under SRLM, Kisan Credit Card (KCC), Housing Finance, Education Loans and social security schemes such as PMJJBY, PMSBY, PMJDY, and APY.
Addressing the gathering, the ADC reviewed the progress of the Credit-Deposit (CD) Ratio, which had been highlighted as an important issue during the previous meeting. He stated that financial institutions play a crucial role in implementing various State and Centrally Sponsored Schemes aimed at improving the socio-economic conditions of people, particularly in rural areas.
He emphasized that banks, as key stakeholders in the development process, should continue to discharge their responsibilities with sincerity and commitment while ensuring accessible and citizen-friendly banking services. He further stressed the importance of coordinated efforts among all stakeholders and stated that departments and banking institutions should work together to create greater awareness about government schemes, banking facilities and financial opportunities so that people, especially in rural areas, can benefit from them effectively.
During the meeting, he underscored the need for banks to enhance credit flow to the agriculture sector, strengthen financial inclusion initiatives and ensure timely processing of applications under various flagship schemes. Banks were also advised to conduct Financial Literacy Camps and Block Level Bankers’ Committee (BLBC) meetings regularly in accordance with Reserve Bank of India (RBI) guidelines.
The Additional District Collector appreciated the efforts of the participating banks and departments and called upon all stakeholders to work in close coordination towards achieving inclusive and sustainable economic growth in the district.
Queries raised by the bank representatives were addressed by the AGM NABARD, AGM SLBC, LDO RBI, and LDM SBI.
The meeting concluded with discussions on various agenda items and action points for the upcoming quarter.
