During the state-level bankers committee meeting held on Wednesday, chief secretaryDS Mishrasaid that the credit-deposit ration should be increased from the current 40% to 60% inMadhyanchal, Purvanchal and Bundelkhand in the next four months.
Along with this, he said,
there is a need to focus on aspirational districts, blocks and cities and added that districts which are lagging in crop
Insurance along with other kinds of insurance must be pulled ahead. Loan melas should be organised in districts so that maximum number of people can take advantage of schemes, he said.
During the meeting it was informed that in the quarter ended September, the total deposits in the state were Rs 14.31 lakh crore against Rs 13.13 lakh crore in September 2021. The advance in September 2022 was 7.51 lakh crore, which is Rs 84,449 crore more than last year. The Banking business in the current financial year saw an increase of Rs 62,166 crore, taking the business to Rs 21.90
lakh crore this year.
In the current financial year, UP saw an improvement in banking with appointment of 10,034 bank mitra and 7,664 bank sakhis and addition of 207 ATMs. Against a target of loans of Rs 2,94,988 crore in this financial year, loans of Rs 1,42,537 crore or 48% have been disbursed till September 2022.