Mohali :
The 78th District Consultative Committee (DCC) meeting of Mohali banks was held at the District Administrative Complex under the chairmanship of ADC (Rural Development) Sonam Chaudhary. Sharing details, the ADC informed that Mohali district has surpassed its Annual Credit Plan (ACP) target for the September quarter by achieving 74% against the set target of 50%.
She further outlined the sector-wise achievements:
Agriculture Sector: 58%
MSME Sector: 82%
Other Priority Sector: 45%
Overall Achievement: 74%
The district also recorded an impressive Credit–Deposit (CD) Ratio of 101.50%, significantly higher than the national target of 60%. ADC Sonam Chaudhary appreciated the strong performance of the banks and emphasized the need to focus more on government-backed schemes. She noted that banks are the backbone of the economy and must work in mission mode to uplift economically weaker sections.
During the meeting, Chief LDM M.K. Bhardwaj urged private banks to give special attention to social security schemes such as the Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, and the Atal Pension Yojana.
RBI LDO Deepak Singla stressed the importance of achieving 100% digitalization across the district by moving all pending accounts to digital platforms. He also highlighted the need to strengthen financial literacy and digital awareness in rural areas. The progress under the CFL initiative was also reviewed.
Punjab National Bank AGM Som Das thanked all participants and advised DCOs to attend future meetings with complete preparation. The meeting concluded with a shared commitment to further strengthen and enhance banking services in Mohali district.
The meeting was attended by Anchal Sharma (DDM NABARD), Upkar Singh (State Director, RSETI), and officials from various banks and government departments.
