No.280/2021-2022 

Aizawl, the 7th September, 2021: Champhai District Consultative Committee (DCC) & District Level Review Committee (DLRC) under the Chairmanship of Pi Maria C.T Zuali, Deputy Commissioner Champhai held meeting today at DC’s Conference Hall.

According to the reporting period June quarter ended 2021, Credit-Deposit (CD) ratio was 43.14 % (a decline of 1.39 % from the previous quarter) against the norm of 60%. Achievement under Priority Sector was 32.81 % while it was 25.19 % under Non Priority Sector. Under Pradhan Mantri Mudra Yojana (PMMY), there were 185 beneficiaries (Sishu-121, Kishore-57, Tarun-7) getting loans amounting rupees 181.99 lakhs. Enrolment of beneficiaries under Social Security Schemes were reported as Pradhan Mantri Jan Dhan Yojana (PMJDY) - 23,299, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) - 9,139, Pradhan Mantri Suraksha Bima Yojana (PMSBY) - 14,940 and Atal Pension Yojana (APY) 474. The reporting period also witnessed 2 Financial Literacy Campaigns attended by 24 participants.

And also in the meeting Social Security Schemes, Currency remittance, Bank/ATM security and timely submission of DCC data were also discussed among other issues.

As of now, there are 17 different Banks branches operating in the district; 5 Public Sector Banks, 5 Private Sector Banks, 6 Regional Rural Banks and 1 State Cooperative Bank. There are a total of 9 ATMs, 8 Business Correspondents, 1 CSP, 26 IPPB Banking Touch Points and 2 Financial Literacy Centres (Lead Bank Office, SBI Sponsored and Champhai Financial Literacy Centre, MCAB Ltd.) in the district.