Friday, May 10, 2013

Banks in JK have failed to meet CDR targets: RBI Governor

.... “Banks in Jammu and Kashmir have not met the set targets for CDR, but they have conveyed that there are not viable projects for which banks can provide the funds.” He informed the gathering that central bank held a special committee meeting of all the banks working in Jammu and Kashmir. The governor said the meeting had decided that the credit deposit ratio in the state will be raised from 36.5 percent to 40 percent during this fiscal to make sufficient credit available to the people in J&K.......

No comments: