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Yasha Mudgal reviews functioning of J&KSCARD branches

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SRINAGAR: Commissioner Secretary Cooperatives, Yasha Mudgal, Monday reviewed functioning of J&K State Cooperative Agriculture and Rural Development Bank Limited (J&KSCARD) branches operating across the Union Territory of Jammu and Kashmir during a meeting held at Civil Secretariat in this regard.

During the meeting, Commissioner Secretary exhorted upon the concerned officials to further intensify their efforts to achieve the set targets within the stipulated time frame. She emphasized the need for stringent action against poor performing bank branches, specifically addressing the J&KSCARD.

She directed all the stakeholders to devise effective mechanism to streamline the operations of their respective units, ensuring achievement of set targets while taking care of the people.

The meeting had a detailed discussion on various vital aspects including Reserves, Deposits, Loan and Advances, CD ratio, Recovery against NPAs, Loan disbursement, Cash Liquidity and other related matters.

The meeting was also attended by Registrar Cooperative Societies J&K, Additional Registrar Cooperative Societies, Director Finance Cooperative Department, Additional Secretary, Cooperative Department, Managing Director, J&KSCARD and other officials in person and through virtual mode.

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