Deputy Governor RBI reviews J&K banking; bats for credit push, ULI adoption
Srinagar, Sept. 18 -- Deputy Governor, Reserve Bank of India (RBI), Rohit Jain, convened a meeting with the Zonal Heads of major banks operating in the Union Territory of Jammu and Kashmir here today. The Deputy Governor, in his opening remarks, highlighted the important role played by the banks in supporting the economic activity and strengthening the financial inclusion in J&K. Rohit Jain emphasised the need for banks to maintain adequate banking infrastructure, improve credit delivery and ensure greater outreach of banking services to priority sectors, particularly to underserved sections. He also underscored the importance of coordinated efforts by the banks towards meeting the evolving credit requirements of the UT. He underlined tha...
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