Srinagar Nov 09: Dr. Hina Shafi Bhat, Vice Chairperson J&K KVIB presided over Bankers Review meeting of J&K KVIB Kashmir Division on 9th of November, 2022 at Sanat Ghar Bemina Srinagar. Senior officers from Board, Officers from participating banks and District officers of KVIB Kashmir Division attended the said meeting. Dy. CEO KVIB-KD placed the District-wise/ Bank-wise performance before the chair for discussions.
During the meeting, it was informed that as on date, Margin Money of Rs. 50.00 crores have been released to 2455-unit holders thereby creating employment opportunities for 19640 persons, during the current financial year. Vice Chairperson appreciated the role of participating banks in successful implementation of Prime Ministers Employment Generation Programme & Jammu & Kashmir Rural Employment Generation Programme.
She however cautioned banks to refrain from rejecting cases on flimsy grounds. She advised bankers to pass on directions to financing bank branches to process the cases as per timelines fixed in the guidelines. She further highlighted the pendencies at banks beyond timelines.
She reiterated the need for synchronised efforts by implementing agencies and Banks to ensure that the benefits are percolated amoung target population. For creation of ecosystem which shall be pave way for creation of micro enterprises by the people belonging to the cross-sections of the society like women etc.
