Srinagar, Aug. 1 -- Srinagar- Chief Secretary Atal Dulloo today chaired the 19th meeting of the Jammu & Kashmir Union Territory Level Bankers' Committee (UTLBC) at SKICC here to review the performance of the banking sector and Government departments in deployment of credit and implementation of banking-related initiatives during the financial year 2025-26 ended March 31, 2026.

"During the financial year 2025-26, banks operating in the Union Territory collectively disbursed credit worth Rs 84,384 Cr to 19.37 lac beneficiaries thereby achieving 108% of the annual target. Out of total credit disbursed during FY 2025-26, Rs. 44,228.30 Crore was deployed in priority sector. J&K Bank has the contribution of 63.41% in the total credit disbursed...