A District-Level Review Committee (DLRC) meeting, chaired by K. Devaki, Deputy Collector, here on Wednesday assessed the performance of banks in the district for the second quarter of the financial year 2023-24.
The meeting held that various banks had disbursed loans to the tune of ₹4,533 crore during the quarter ended September 30, 2023. This was 65% of the annual credit plan. Of this, ₹1,991 crore was disbursed to the agriculture sector, ₹524 crore to micro, small and medium enterprises, and ₹1,574 crore to other priority sectors including housing and education loans.
Out of the total disbursed loans, ₹4,089 crore was disbursed to the priority sector. Deposits also rose to ₹8,479 crore, P.K. Anilkumar, Divisional Manager, Regional office, Canara Bank, said.
