No.548/2020-2021

Champhai District Consultative Committee (DCC) & District Level Review Committee (DLRC) under the Chairmanship of Pu R.Lalnghakliana, Addl. Deputy  Commissioner Champhai held meeting today at DC’s Conference Hall. The meeting was also attended by  Pu K.Samuel Liangousiam, Lead District Officer, Reserve Bank of India (RBI). 

Pu L.Lawmvela, Lead District Manager (LDM), SBI Lead Bank Office delivered welcome speech followed by discussion on the performances of Bankers and Stakeholders for the quarter ended December, 2020. 

According to the reporting period December quarter ended 2020, Credit-Deposit (CD) ratio was 44.62% (a decline of 0.09% from the previous quarter) against the norm of 60%.  Achievement under Priority Sector was 122.48% while it was 147.02%under Non Priority Sector. Under Pradhan Mantri Mudra Yojana(PMMY), there were 282 beneficiaries (Sishu-94, Kishore-168, Tarun-17, Stand Up India-3) getting loans amounting rupees 345.65 lakhs.  Forty two Bakijai Cases amounting rupees 21.61 lakhs have been reported, and no recovery is reported during the reporting period. Non Performing Asset (NPA) under Priority Sector was rupees 1698.17 lakhs (5.15%) while the same in Non Priority Sector was rupees 22.35 lakhs (0.54%). The reporting period also witnessed 6 Financial Literacy Campaigns with 384 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.