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Patna,(BiharTimes): Bihar Deputy Chief Minister Sushil Kumar Modi has once again expressed concern over the low credit deposit ratio in the state.
A direction to this effect was given by him at the State Level Banker’s meet in Patna on Saturday. |
Modi told the media that the C-D ratio of banks in Bihar was far from satisfactory. Against the national average of 70 per cent the C-D ratio of Bihar is just 33 per cent.
Modi, who also holds the finance portfolio, said that the state government had instructed banks to disburse Rs 40,500 crore during 2011-12 and added that it would appoint a nodal officer to monitor the loan disbursement in rural areas.
Besides, the banks are required to organise Mega Loan Mela for on the spot loans for various purposes, the deputy chief minister said.
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