District Achieves 51.07% of Annual Credit Plan Target for 2026–27

The District Level Review Committee (DLRC) meeting for the quarter ending June 2026 was held at Patiala under the chairmanship of Ms. Navreet Kaur Sekhon, Additional Deputy Commissioner (ADC-UD), Patiala. The meeting was organized by the Lead Bank Office, Patiala, and attended by representatives of banks, government departments and other stakeholders.
It was informed that Patiala district has achieved 51.07% of its Annual Credit Plan (ACP) target for 2026–27. On this occasion, the Annual Credit Plan for 2026-27 was also launched by ADC Patiala. The achievement reflects the coordinated efforts of banks and government departments in ensuring adequate credit flow to priority sectors including agriculture, MSMEs, education and housing.
Mr. Jaswinder Sharma, Lead District Manager, Patiala, presented the agenda and reviewed the performance of banks under various government-sponsored schemes and priority sector lending programmes. He apprised the committee of the progress in loan disbursement and credit linkage of eligible beneficiaries.
Mr. Alok Ranjan, Lead District Officer RBI, Ms. Parvinder Nagra, District Development Manager, NABARD and Sh. Sanjeev Aggarwal, Director, RSETI Patiala, participated in the meeting and shared their observations. They emphasized strengthening financial inclusion and expanding banking services in rural and semi-urban areas.
Ms. Sekhon ADC appreciated the efforts of banks and advised them to dispose of pending loan applications at the earliest so that eligible beneficiaries can receive financial assistance in a timely manner. She stressed upon all stakeholders to maintain close coordination for effective implementation of various government schemes.
The District Level Security Committee (DLSC) meeting was subsequently held to review the security arrangements of bank branches and ATMs in the district. Mr. Alamjeet Singh, Inspector security, SSP Office, Patiala, participated in the meeting and discussed measures to further strengthen the security of banking infrastructure.
The meetings concluded with emphasis on timely credit delivery, financial inclusion, effective implementation of government schemes and enhanced security of bank branches and ATMs across Patiala district.