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The district consultative committee has prepared Rs 4,900-crore credit plan for Dakshina Kannada for 2012-13.
Of this, allocation to priority sector is almost 80 per cent of the total plan outlay.
This was informed at the launch of credit plan for Dakshina Kannada district for 2012-13 here on Tuesday.
Mr Hemanth Bhide, Chief Manager of Lead Bank (Syndicate Bank is the lead bank in Dakshina Kannada), said that the credit plan has an allocation of Rs 1,957 crore for agriculture, Rs 398 crore for small and micro enterprises and Rs 1,522 crore for other priority sectors.
The two core sectors of the district such as education and housing get allocation of Rs 216 crore and Rs 630 crore, respectively, he said, adding that this indicates the continued support of the banks in the districts to these sectors.
Meanwhile the meeting of the District Consultative Committee to review performance of the banks in the district was also conducted. The meeting was informed that 461 branches of various banks in the district reached a business level of Rs 29,609.56 crore at the end of December 31, 2011 as against Rs 24,943.29 crore in the corresponding period of the previous year.
Total deposits
The total deposits of the banks during the period stood at Rs 19,032.51 crore (Rs 16,017.75 crore) and advances at Rs 10,577.05 crore (Rs 8,925.54 crore).
Dr K.N. Vijay Prakash, Chief Executive Officer of Dakshina Kannada Zilla Panchayat, said that credit-deposit (CD) ratio has come down to 55.57 per cent (55.72 per cent).
‘Increase lending'
Requesting the bankers to step up lending, he advised them to examine the reasons for decline in business share of rural branches and take corrective measures.
Mr Prasad Rao, Assistant General Manager of NABARD, urged the bankers to boost the growth of long-term lending in the district.
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