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Kotwal chairs 12th UTLBC Meeting
The Northlines
|04 JULY 2025
The Chief Secretary of the Union Territory of Ladakh, Dr. Pawan Kotwal, chaired the 12th Union Territory Level Bankers’ Committee (UTLBC) meeting to review the banking sector’s performance for the quarter ending March 2025.
During the meeting, it was informed that banks in Ladakh achieved 128% of the annual credit target by disbursing %1182.31 crore. Additionally, a total of ₹2789.71 crore was disbursed under priority and non-priority sector advances, achieving 148% of the set target. The UT recorded a 12% year-on-year growth in total deposits, reaching ₹10,260.63 crore as of March 2025, while total credit grew by 10%, amounting to ₹4589.41 crore. The Credit-Deposit (CD) Ratio stood at 44.73% for the said quarter.
The meeting commenced with a welcome address by Jayant Mani, Deputy General Manager, State Bank of India, who welcomed the Chairman Dr. Pawan Kotwal and other dignitaries.
This story is from the 04 JULY 2025 edition of The Northlines.
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