Press Release
Press Release from DAC Soreng
Information & Public Relations Department
DLCC & DLBC QUARTERLY REVIEW MEETING HELD AT SORENG
Soreng,11/06/2026: The District Level Consultative Committee (DLCC) and District Level Bankers' Committee (DLBC) Quarterly Review Meeting for Soreng District was held under the chairmanship of Shri D. R. Bista, Additional District Magistrate (ADM), Soreng, at Dastoor hall, Soreng.
The meeting was attended by the Lead District Manager (LDM), officials from the Reserve Bank of India (RBI), NABARD, all Branch Managers of banks operating in the district, Block Development Officers (BDOs), and officers from concerned line departments.
During the meeting, a comprehensive review was undertaken on the performance of banks and financial institutions in the district, with particular emphasis on the Credit-Deposit (CD) Ratio, Annual Credit Plan (ACP) achievements, Government Sponsored Schemes, Kisan Credit Card (KCC) coverage, Financial Inclusion initiatives, Self-Help Group (SHG) credit linkage, Priority Sector Lending, Digital Banking penetration, NPA management, Youth Entrepreneurship schemes, and Housing Finance programmes.
The Chair reviewed the status of implementation of various flagship schemes including PM Mudra Yojana, PM SVANidhi, PMEGP, Stand-Up India, PM Vishwakarma, PM Jan Dhan Yojana, PM Surya Ghar, PMJJBY, PMSBY and other financial inclusion initiatives. Concern was expressed over delays in disposal of loan applications and banks were advised to ensure timely processing and sanctioning of eligible cases.
Special focus was laid on enhancing banking outreach and financial inclusion in Chumbong Block, identified under the Aspirational Block Programme. Banks were directed to prepare dedicated action plans for improving access to banking services, expanding Banking Correspondent (BC) networks, conducting financial literacy camps, and saturating eligible beneficiaries under various financial inclusion schemes.
Reviewing the district's credit flow, Shri Bista emphasized the need for banks to improve the CD Ratio by increasing productive lending, particularly in agriculture, allied sectors, MSMEs, women-led enterprises, and youth entrepreneurship. Banks were instructed to formulate corrective measures wherever performance remained below prescribed benchmarks.
The Chair also stressed the importance of expediting issuance and renewal of Kisan Credit Cards, strengthening credit linkage of Self-Help Groups, promoting digital banking adoption, and extending support to eligible beneficiaries under Government Sponsored Schemes. He directed all banking institutions to accord priority to small-ticket loans and ensure that genuine applicants are not denied access to institutional credit on procedural grounds.
The meeting further reviewed the status of Non-Performing Assets (NPAs) and recovery efforts. Banks were advised to intensify recovery measures while simultaneously improving credit appraisal and monitoring mechanisms. Particular attention was drawn towards strengthening grievance redressal systems and ensuring prompt resolution of customer complaints.
Officials from RBI and NABARD provided valuable inputs on regulatory compliance, priority sector lending, financial inclusion strategies, and opportunities for strengthening rural credit and livelihood interventions in the district.
Concluding the meeting, Shri D. R. Bista called upon all stakeholders to work in close coordination to achieve the objectives of inclusive and sustainable economic growth, ensuring that the benefits of institutional finance reach every eligible household, farmer, entrepreneur and Self-Help Group in Soreng District.
Soreng,11/06/2026: The District Level Consultative Committee (DLCC) and District Level Bankers' Committee (DLBC) Quarterly Review Meeting for Soreng District was held under the chairmanship of Shri D. R. Bista, Additional District Magistrate (ADM), Soreng, at Dastoor hall, Soreng.
The meeting was attended by the Lead District Manager (LDM), officials from the Reserve Bank of India (RBI), NABARD, all Branch Managers of banks operating in the district, Block Development Officers (BDOs), and officers from concerned line departments.
During the meeting, a comprehensive review was undertaken on the performance of banks and financial institutions in the district, with particular emphasis on the Credit-Deposit (CD) Ratio, Annual Credit Plan (ACP) achievements, Government Sponsored Schemes, Kisan Credit Card (KCC) coverage, Financial Inclusion initiatives, Self-Help Group (SHG) credit linkage, Priority Sector Lending, Digital Banking penetration, NPA management, Youth Entrepreneurship schemes, and Housing Finance programmes.
The Chair reviewed the status of implementation of various flagship schemes including PM Mudra Yojana, PM SVANidhi, PMEGP, Stand-Up India, PM Vishwakarma, PM Jan Dhan Yojana, PM Surya Ghar, PMJJBY, PMSBY and other financial inclusion initiatives. Concern was expressed over delays in disposal of loan applications and banks were advised to ensure timely processing and sanctioning of eligible cases.
Special focus was laid on enhancing banking outreach and financial inclusion in Chumbong Block, identified under the Aspirational Block Programme. Banks were directed to prepare dedicated action plans for improving access to banking services, expanding Banking Correspondent (BC) networks, conducting financial literacy camps, and saturating eligible beneficiaries under various financial inclusion schemes.
Reviewing the district's credit flow, Shri Bista emphasized the need for banks to improve the CD Ratio by increasing productive lending, particularly in agriculture, allied sectors, MSMEs, women-led enterprises, and youth entrepreneurship. Banks were instructed to formulate corrective measures wherever performance remained below prescribed benchmarks.
The Chair also stressed the importance of expediting issuance and renewal of Kisan Credit Cards, strengthening credit linkage of Self-Help Groups, promoting digital banking adoption, and extending support to eligible beneficiaries under Government Sponsored Schemes. He directed all banking institutions to accord priority to small-ticket loans and ensure that genuine applicants are not denied access to institutional credit on procedural grounds.
The meeting further reviewed the status of Non-Performing Assets (NPAs) and recovery efforts. Banks were advised to intensify recovery measures while simultaneously improving credit appraisal and monitoring mechanisms. Particular attention was drawn towards strengthening grievance redressal systems and ensuring prompt resolution of customer complaints.
Officials from RBI and NABARD provided valuable inputs on regulatory compliance, priority sector lending, financial inclusion strategies, and opportunities for strengthening rural credit and livelihood interventions in the district.
Concluding the meeting, Shri D. R. Bista called upon all stakeholders to work in close coordination to achieve the objectives of inclusive and sustainable economic growth, ensuring that the benefits of institutional finance reach every eligible household, farmer, entrepreneur and Self-Help Group in Soreng District.
