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Thiruvananthapuram
By Our Staff Reporter
THIRUVANANTHAPURAM, JULY 3. Priority credit disbursement by banks during the year 2003- '04 for Thiruvananthapuram district crossed Rs.1,217 crores against the target of Rs.937 crores. This was revealed at the District Level Review Committee meeting conducted by the lead bank, Indian Overseas Bank. The District Collector, K.R.Muraleedharan, presided over the meeting. The services sector recorded the highest achievement of Rs.874.87 crores while the agriculture sector registered Rs.363.33 crores and the industries sector, Rs.13.52 crores. The total deposit for the district amounted to Rs.9,980.29 crores and advances totalled Rs.6,291.62 crores. The credit-deposit ratio for the district improved from 54 to 63 per cent, far ahead of the State CD ratio of around 48 per cent. The Collector released the Annual Credit Plan booklet for the year 2004- '05 by handing over a copy to Mary John, Assistant General Manager, Reserve Bank of India. He stressed the need to maintain the tempo of credit disbursement.
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