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BANKING AT A GLANCE IN GUJARAT STATE - DECEMBER, 2011
2227
(19.19%)(-)0.09%
3003
(27.73%)(0.41%)
13,832
(7.37%)
11,605
(7.46%)
10,829
(6.96%)
WEAKER SEC.ADV
(% Growth )(% to advances)
5501 (22.16%)
0.19 %
5662(22.96%)
(0.30%)
30,326
(16.15%)
24,825
(15.96%)
24,664
(15.85%)
MSME ADVANCES(% Growth )(% to advances)
211
0.67%(-)3.35%
2526
(8.68%)(-)1.87%
31,612
(16.83%)
31,401
(20.18%)
29,086
(18.70%)
AGRI ADVANCES
(% Growth )(% to advances)
6396
(8.89%)(-) 4.53 %
8403
(12.01%)(-)3.24 %
78,371
(41.73%)
71,975
(46.26%)
69,968
(44.97%)
PS ADVANCES
(% Growth)(% to advances)
1.320.0870.3569.0370.27CREDITDEPOSITRATIO
23,158 (12.33%)
36,954(21.24%)
2,10,9611,87,8031,74,007ADVANCES
27,803(10.22%)
52,245(21.10%)
2,99,8792,72,0762,47,634DEPOSITSKEY INDICATORS (Amt. Rs.Crores)
205384663864336254378493790085330108112910991021668116531587157272111291928472808RURAL
SEMI - URBANURBANMETROTOTAL
CATEGORY OF BRANCHES
205384663864336254TOTAL No. OFBRANCHES
GROWTHOVER MARCH
2011
GROWTHY-o-Y
(Dec., 10 toDec., 11)
DEC.,2011
MARCH,2011
DEC.,2010
PARAMETERS
3963375316,64712,68412,894Amount237,6762,77,19127,65,19025,27,51424,87,999Accounts
Growthover
March,2011
GrowthY-o-Y
(Dec., 10 toDec., 11)
DEC.,2011
MARCH,2011
DEC.,2010
Position of Kisan Credit Cards for the period ended
AGENDA No.1
Confirmation of the proceedings of last meeting.
The proceedings of the 131st State Level Bankers’ Committee (SLBC) Meeting for thequarter ended September, 2011 held on 01.12.2011 were circulated to all the memberson 19th December, 2011. Since no comments / amendments have been received fromany of the members, the House is requested to confirm the same.
AGENDA No.2
FOLLOW-UP ACTION ON DECISIONS TAKEN IN LAST MEETING :
2.1 Allotment of Land by State Government for Settin g up of RuralSelf Employment Training Institutes (RSETIs)
The land for construction for RSETI premises was to be allotted in Gandhinagar,Panchmahals and Dangs districts.
Gujarat Livelihood Promotion Co. (GLPC) Ltd., vide its e-mail dtd. 16.01.2012 hasinformed that the land for construction of RSETI in Dang district has been allotted andthe Order copy for the same has been received by them from the concerned Dist.Collector Office.
As regards the allotment of land for Gandhinagar di strict and reallocation of theland in Panchmahals districts, the representative f rom Rural DevelopmentDepartment, Govt. of Gujarat is requested to appris e the House about theprogress in the matter.
Status of training programmes conducted by RSETIs u pto the quarter endedDecember, 2011
Summary of training programmes & Settlement Ratio
27.56%27.75%Percentage
25,07925,24690,98310,6932,825329
Throughown sources
ThroughBankfinance
Cumulative no. of trainedbeneficiaries settled
Cumulativeno. ofbeneficiariestrained
No. ofbeneficiariestrained duringthe quarterended Dec.,2011
Cumulativeno. of trainingprogrammessinceinception
No. of trainingprogrammesconductedduring thequarter endedDec., 2011
28,102807821068,24530,92019,04116,379OthersMinoritiesHandicappedWomenOBCSTSC
Categorywise Cumulative no. of trainees
1
30.89%8.88%0.23%75.01%33.98%20.93%18.00%
Districtwise details are given as ANNEXURE - A.
� All RSETIs to achieve the target fixed by GLPC by March, 2012.� Settlement Ratio through bank finance need to be improved.� RSETIs Jamnagar, Porbandar and Surendranagar need to improve their coverage
of trainees - beneficiaries as well as settlement ratio.
2.2 Conversion of Financial Literacy and Credit Coun seling Centres(FLCCCs) as per model scheme circulated by RBI
At present, there are 30 FLCCs established in 24 districts, out of 26 districts in Gujarat,as per following details :
8242630Total-1-1ICICI Bank Ltd.48111217Bank of Baroda3-777State Bank of India2-575Dena Bank1
FLCCCsconvertedas per RBIModelScheme
FLCCCsset up inLeaddistrict *
No. of LeadDistricts
No. ofFLCCCsset up bythe Bank
BankSr.No.
*In the Lead districts (viz. Ahmedabad and Patan) of Dena Bank, ICICI Bank and Bankof Baroda have set up FLCCCs respectively.
In 131st State Level Review Meeting, Bank of Baroda was requested to initiate theaction for setting up FLCCCs in Tapi and Dangs districts.
The representative from Bank of Baroda is requested to apprise the House aboutfurther progress in the matter.
2.3 Issue relating to waiver of Stamp Duty and Enhan cement ofCredit limits for exemption of Stamp Duty to all ty pes of SelfHelp Groups (SHGs), including Sakhi Mandals
As decided in 131st SLBC meeting, SLBC vide its letter dtd. 23.12.2011 requested theCommissioner & Principal Secretary, Rural Development Department, Govt. Of Gujaratto take up the captioned matter with Revenue Department of the State Govt.
In this regard, SLBC has received a communication dtd. 31.01.2012 from GujaratLivelihood Promotion Co. (GLPC) Ltd. forwarding therewith the copy of the Order dtd.25.01.2012 issued by Addl. Secretary to Govt., Revenue Department. The Text of theOrder is as under :
“ No.GHM-2010-MI-STP-122009-30/4H-1 .. Exercise of the power conferred by clause(a) of section 9 of the Gujarat Stamp Act, 1958 (BOM LX of 1958), (hereinafter referredto as “ the said Act), the Government of Gujarat hereby amends Government Orders
2
Revenue Department No.GHM/2004/103/M/STP/102004/1993/H-1 dated 20thDecember, 2004 as follows namely :
In the said order, for the words and figures “upto 19th December, 2011” the words andfigures “upto 19th December, 2013” shall be substituted.
By order and in the name of Governor of Gujarat.”SLBC has forwarded the copy of the said order to Member Banks vide its letter dtd.02.02.2012.
It may be further informed that the above Order is silent on enhancement of credit limitupto Rs.5 lakhs for exemption of stamp duty to all types of SHGs, including SakhiMandals and Joint Liability Groups (JLGs).
SLBC received a copy of letter dtd. 21.02.2012 from GLPC addressed to the AdditionalSecretary, Revenue Department, Govt. of Gujarat. The said letter containsrecommendations as under :
(1) for remission of Stamp Duty to be increased from the present level of Rs.1 lakhto Rs.2 lakh for stamp duty chargeable on the instruments / documents /agreements extended by the SHGs / Sakhi Mandals while seeking creditassistance from Banks (Commercial Banks / RRBs / Co-operative Banks).
(2) the exemption from payment of stamp duty should be made applicable to alltypes of SHGs / Sakhi Mandals irrespective of the agencies.
The representative from Revenue Department, Govt. o f Gujarat is requested toinform the House about the developments, if any, in the matter.
2.4 Double Stamp Duty for the property taken in poss ession byBanks under SARFAESI Act, 2002
As no communication was received from Revenue Department, Govt. of Gujarat inresponse to SLBC Secretariat letter dtd. 4th October, 2011. Moreover, in absence ofrepresentative from the Revenue Department, the captioned issue could not bediscussed in 131st SLBC meeting and therefore it remained unresolved.
The representative from Revenue Department, Governm ent of Gujarat isrequested to apprise the House about the action ini tiated by them on the abovematters.
2.5 1% Interest Subvention on Housing loans sanction ed to Publicupto Rs.15.00 lakhs under Public Housing loan Schem es -sanctioned by RRBs
As informed by RBI, Ahmedabad vide its letter dtd. 13th October, 2011 that the matter hasbeen referred to Ministry of Finance, Govt. of India for examination and further developments inthis regard would be communicated on receipt of the same from Govt. of India.
3
The representative from RBI is requested to apprise the House, if any furtherdevelopments are received by them in the matter.
2.6 High Level Committee to review Lead Bank Scheme - Providingbanking services in villages having population of o ver 2000 byMarch, 2012
A. The Districtwise and Bankwise details of 3502 identified villages allotted todifferent Bank as per the roadmap prepared all the 3502 FIP village are to be
covered within two Year 2010-2012. The progress up to March, 2011 and uptoDec., 2012 is as under.
The cumulative progress in implementing the roadmap committed by FIP AllotteeBanks upto DEC, 2011 is as under :
64115452186 13163,502Total-6606Sabarkantha DCCB26-1112Ahmedabad DCCB25---22Mehsana DCCB24---11Amreli DCCB232697162133Union Bank of India22
17-17926UCO Bank21-77411Syndicate Bank20
142259401502903State Bank of India1911321336139Saurashtra Gr. Bank18
23-23-23Punjab Natl. Bank173-3-3Oriental Bk of Com.162-2-2KotakMahindra Bk1501818826Indian over. Bank142-21214Indian Bank13-2202HDFC Bank Ltd.12---11Develop. Cr. Bank11-23223213245Dena Guj. Gr. Bank10-280280214494Dena Bank9---88Corporation Bank8
369613235167Central Bk of India 7-111 2Canara Bank6
29852350-350Baroda Guj. Gr.Bank
501616-16Bank of Maharastra4
1410111576191Bank of India399273372361733Bank of Baroda22-2-2Allahabad Bank1
GapCumulativeachievementuptoDecember,2011(Duringthe Year)
Villages tobe coveredby March,2012
Achievementupto March,2011(LastYear)
Total No.ofvillagesallotted
Name of BankSr.No.
4
The districtwise and bankwise details of villages allotted are placed on SLBC website :slbcgujarat.com .
Banking respo nsibility :
As per the strategy and guidelines on Financial Inclusion issued by the Ministry of Finance,Govt. of India vide their letter dtd. 21st October, 2011, Gram Panchayat are at the centre of thevarious development and welfare schemes and would play an important role in the electronicbenefit transfer, Service area needs to be defined in term of the Gram Panchayat. As decidedin the special SLBC meeting dtd. 01.11.2011 all LDMs to revisit the allocation of Service AreaVillages and Reallocate the villages as per the revised guidelines. All the villages of GramPanchyat are to be allocated to one Bank and submit the Revised allotment of Service Areavillages as per new guidelines for all the villages having population of below 2000.
District Service Area Plan :
As per directive received from Department of Financial Services, Ministry of Finance,Govt. of India vide their Circular F No. 21/13/2009- FI(Pt) dated 21st October, 2011given in the Annexure-1 and subsequently vide letter F No. 21/13/2009- FI(Pt) dated30th December, 2011 District Service Area Plan has been prepared incorporating thename of bank branch alongwith bank, Name of all villages forming panchayat under thesame gram panchayat and village code as used in census 2011 etc. in all the 26
Districts in the State.
Placement of District Service Area Plan on Website of concerned district On receipt of instructions from Ministry of Finance, Government of India for placing of Service Area Plan on District - Government website of concerned district, SLBC hasrequested Lead District Managers for placing the Service Area Plan on the District -Government website. All the 26 districts have uploaded the revised Service Area Plan on thewebsite.
Branch expansion plan of the district for populatio n beyond 5000 in underbankeddistricts and 10000 and above in non-underbanked di strict.
In continuation of the Circular dated 21st October on the Financial InclusionDepartment of financial Services, Ministry of Finance, Govt. of India vide their letter FNo. 21/13/2009- FI(Pt) dated 28th December, 2011 has issued revised guidelines onopening of branches/ Ultra small branches in rural area (Copy enclosed asANNEXURE - B ). SLBC has requested all the concerned banks to submit thename of the village where brick and mortar branches to be opened. The detailsreceived from banks for opening of 31 branches by September, 2012 is as under:
For under banked Di strict
SansurChanasmaPatanBank of Baroda2VadagamKhanpurPanchmahalsBank of Baroda1
Name ofPalace Whereopening ofbranch isproposed
Name of BlockName ofDistrict
Name of BankSr.No.
5
RanagadhLimdiSurendranagarSaurashtra Gr. Bank31Nani KathechiLimdiSurendranagarSaurashtra Gr. Bank30Antrolivas DoljiNana ChekhlaSabarkanthaDena Guj.Gr. Bank29KankrolHimatnagarSabarkanthaDena Guj.Gr. Bank28RanerKankrejBanaskanthaDena Guj.Gr. Bank27Bodidara BujrangShaheraPanchmahalsBaroda Guj,Gr. Bank26SimaliyaGhoghambaPanchmahalsBaroda Guj,Gr. Bank25ZinzuvadaPatdiSurendranagarState Bank of India24Nani NaroliMangrolSuratState Bank of India23NaitaPatanPatanState Bank of India22LimdiSantrampurPanchmahalsState Bank of India21DoliSantrampurPanchmahalsState Bank of India20KanjaVanthaliJunagadhState Bank of India19Bamnasa(GhedKeshodJunagadhState Bank of India18DhavadiaJhalodDahodState Bank of India17SartanpurTalajaBhavnagarState Bank of India16AmbalaSihorBhavnagarState Bank of India15Wagh NagarMahuvaBhavnagarState Bank of India14Katpar CityMahuvaBhavnagarState Bank of India13RanolLimbdiSurendranagarDena Bank12KondhDhrangadhraSurendranagarDena Bank11KunolMeghrajSabarkanthaDena Bank10AniodTalodSabarkanthaDena Bank9DemtiKhedbrahmaSabarkanthaDena Bank8DantralKhedbrahmaSabarkanthaDena Bank7KotdaKhedbrahmaSabarkanthaDena Bank6ParabdaHimatnagarSabarkanthaBank of Maharashtra 5VahevalMahuvaSuratBank of Baroda4AgharPatanPatanBank of Baroda3
Strategy and guidelines on Financial Inclusion – Se tting Up of Ultra SmallBranches
Further to the earlier guidelines dated 21st October 2011 and 28th December, 2011 onthe above subject Subsequently Department of Financial Services, Ministry of Finance,Govt. of India vide their letter F No. 21/13/2009- FI(Pt) dated 9th February, 2012addressed to CMDs of Public Sector Banks/Chairman of RRBs (Copy enclosed asANNEXURE - C) has issued guidelines on setting Up of Ultra Small Branches in allvillages covered under Financial Inc lusion or to be covered under F inancialInclusion in future (less then 2000 population).
As per para (ii) and (iii) of above guidelines, the bank branch responsible for FinancialInclusion of the village in its Service Area would designate a specific officer to visit suchvillages on pre-notified fixed day and time every week. The periodicity and duration ofvisits can be progressively enhance depending upon business potential and reviewedperiodically. The Bank shall identify a place in the village for the Ultra Small Branch.Since such a branch shall function only on fixed day and time, Local bodies may berequested to provide such place free of cost till such time the business grows to viablelevel justifying setting up of a regular branch. Since all such villages would also have aBC, the BC shall have also operate from such premises. State Govt. would berequested to provide place wherever required by Banks.
6
All banks are requested to ensure that the Ultra Small Branches as above are set up by31st March, 2012 as advised by Department of Financial Services, Ministry of Finance,Govt. of India. House is requested to deliberate on the issue.
Meeting on Financial Inclusion with all SLBC Convey ors on 2nd February, 2012 atDFS, New Delhi- Discussion on using GIS for F inancial Inclusion. We have received the communication dtd 30th January, 2012 from Under Secretary,Department of Financial Services, Ministry of Finance, Govt. of India ( Copy enclosed asANNEXURE - D ) on the captioned matter wherein a write-up on using GeographicalInformation System(GIS) for Financial Inclusion and web enabled data entry module was givenfor discussion on use of Geographical Information System(GIS) for Financial Inclusion and feedback/Suggestions. Accordingly SLBC has requested all the Lead District Manager in the Stateto collect the data as per the format given by Ministry and submit to SLBC. These Data Can beused by SLBC, Lead Bank for web enabled data entry module using the census 2011 villagecode. We have not received the information. LDMs are requested to send the informationimmediately.
Important points discussed during the meeting of SL BC Convenors held atDepartment of Financial Services, Ministry of Finan ce, on 2nd February, 2012 Shri D.K. Mittal, Secretary, Department of Financial Services, Ministry of Finance, Govt.of India addressed the SLBC Convenors on 2nd February, 2012. Important pointsdiscussed are enumerated herebelow :
1. DRT at various centres require premises which may be either on ownershipbasis or on rental basis and banks / State Government has to facilitate so thatthey can get the premises immediately. Ahmedabad is also one of the criticalcentres on account of insufficient space at both the DRTs at Ahmedabad.
2. Regarding Branch Expansion Plan, it was directed that all Banks shouldimmediately take steps for opening the branches and wherever it is not viable tohave a brick and mortar branch, the Banks have option to go for Ultra SmallBranches as per the guidelines already issued earlier. It was clarified that if theidentified unbanked village / centre is within 5 Km radius from an existing branchthen it may not be required to open branch as per the guidelines and in case ifidentified village / centre is not viable for opening a brick and mortar branch thenUltra Small Branch can be opened. Accordingly, it was informed to the Director,Financial Services that we have submitted revised position for Gujarat State tothe Department of Financial Services and as per the revised working, the listhas been modified and the Member Banks would be conveyed accordingly. TheSecretary, Department of Financial Services emphasised that the task ofopening branch at centres should be taken up on a very high priority and theprogress should be reported every month as per the format to the Departmentfrom SLBC.
3. It was informed that there is a difference in SLBC FIP data as reported by SLBCand as received from various Banks’ Head Offices.
4. It was advised that for each village the Code as per 2001 Census may becommunicated to the Department of Financial Services within a week’s time.
5. It has already been circulated that each FIP village should be visited on a fixedday by bank officials every week and a Notice Board should also be displayed at
7
the villages about the time schedule so that the villagers can remain present andofficials along with the BC should together meet the village people and dobusiness. Presence of the branch officials with BC will generate confidenceamongst the people of villages.
6. Officials from Department of Financial Services will be visiting on 18th February,2012 various districts in the Country to have first-hand feedback about theprogress under various parameters.
7. Campaign for KCC and GCC should also be conducted in all the villages.
8. SB Overdraft in all service area villages needs to be provided and efforts bemade for utilisation of Overdraft by the account holders.
9. All payments made by banks should be through e-payment mode and one officerin each Regional Office / Zonal Office be identified for taking up with thebranches for ensuring that payments are effected through electronic mode.
10. Using of NEFT facilities by RRBs needs to be monitored and popularised.
11. 20% reduction should take place in the number of cheque payments during the year.
12. FLCCCs needs to be activated as per RBI Model.
13. LDMs office should be strengthened in terms of manpower, IT facilities, etc.
14. Swavalamban Scheme efforts needs to be taken up on high priority.
15. Chairman of SLBC must meet LDMs of all districts of the State once in a half year andthis meeting should not be for the purpose of review, but for finalising strategies and forgetting the feedback about the field level position.
16. Follow-up should be done with all the Member Banks who are lagging behind inachievement of target for FIP villages.
17. Existing BCs should cover nearby areas also so that the model becomes viable and theexercise of redefining areas of BCs be completed soon so that uncovered villages canbe known for implementation in second phase.
18. As regards the GIS, the guidelines will be issued for feeding and uploading of the data in respectof Branches , BCs, Currency Chests, Clearing House, etc.
19. On 18.2.2012, senior officials from Department of Financial Services will visit SabarkanthaDistrict, UT of Dadra & Nagar Haveli and Daman for getting first hand information.
Visits by Nodal Officers to State Level Bankers Com mittee (SLBC)
As stated in action points to monitor the progress in respect of various issues for whichdirections have been issued by the Department from time to time. On 18.02.20122 Ms SreyaGuha, Director (FI)has visited the FIP village and its base branch of three banks namely Bankof Baroda, Dena bank, and State bank of India for first hand information on implementation ofdirections and to get feed back on implementation in FIP villages.
ACTION TAKEN ON ISSUES TO BE MONITORED BY SLBC NODAL OFFICERS
8
Members from three Lead Banksviz. SBI, Bank of Baroda andDena Bank framed a uniformformat along with the checklist tobe printed in Gujarati.
Common format in vernacularlanguage was prepared and sentto Director, Agriculture, Govt. OfGujarat and also copy marked toMD, Gujarat Livelihood PromotionCo. Ltd. on 23.8.2011 with arequest to ensure printing andsupply of the same.
Till the format be printed by StateGovt., Banks were requested tomake use of their own KCC formswhich are also very simple andalready in use by fieldfunctionaries..
By SLBCConvener inconsultation withall other banksand StateGovernments.
Finalisation of acommon format forcrop loan which will beapplicable to all banks.
1.
Action TakenActionIssuesSl.No.
In absence of availability of printedforms from the State Govt., Bankshave started the campaign at theirown.
DCC/BanksApplication to besubmitted to each bank
4.
The Executive Director, DenaBank, CGM, NABARD and FieldGeneral Manager, Dena Bank andSLBC Convenor met the ChiefSecretary, GoG on 5.9.2011 andbriefed him about the progressmade on various issues related toAgri. Campaign.
Chief Secretary, GoG issuednecessary instructions to StateGovt. field functionaries for theiractive involvement in agriculturecampaign. LDMs are also intouch with District and BlockAuthorities for Agril. KCCcampaign.
Orders to beissued by StateGovernments andto be reviewed byDCC headed bythe DistrictCollector on adaily basis at leastfor two weeks.
Assignment of a groupof villages to variousfield functionaries forcollection of applicationform for crop loan (Thiscould includefunctionaries of ruraldevelopmentdepartment, agriculturedepartment,cooperativedepartment, panchayatdepartment andsugarcane department,etc., to name a few).
3.
Yet to receive from the State Govt.However, Banks were advised toutilise their own forms till theprinted forms are made availableby Gujarat Govt.
Till date each Bank is using itsown forms.
Departments ofAgriculture andthe StateGovernment andcopies to be madeavailable to eachDistrictAgriculturalOfficer.
Centralised Printing ofthe format.
2.
9
All major Banks have issued thecirculars to their branches for notcharging any fees for crop loaninclude documentation fee, inspection,advocate, processing and renewal.
As regards the Co-op. Banks, theRegistrar, Cooperatives has issuedthe instructions that the board ofindividual co-op bank may pass onthe resolution for waiving suchcharges in their ensuing boardmeetings.
Banks to issueorders
No bank to charge anyfees for crop loanwhich includedocumentation fee,inspection, advocate,processing andrenewal.
5.
In all districts, DCC meeting isconvened and action plan forimplementation chalked out as perguidelines issued for the campaign.
in whose ‘service area’the village falls.
As per the progress received fromMember Banks as of 31st January,2012, under KCC campaign, 1,76,958KCC have been issued with anamount of Rs.1509.70 crores.However, the pace is likely to be
Each SOWhether eachnon-defaulter farmerliving in the villagefalling in the servicearea of the branch hasgot a Kisan CreditCard.
8.
The exchange of information for thefinance made outside the service areais being implemented in place ofobtaining the No Dues Certificate andfor that a common format has alreadybeen supplied to bank branches andis being implemented..
Banks to issueorders
There will be norequirement of getting‘no dues certificate’from other banks. It isthe responsibility ofother banks to informthe bank having thevillage in the servicearea to inform of anydues outstanding.
7.
KCC limit is being issued for threeyears subject to renewal of the sameevery year and the fresh land recordsto be produced every three years or atthe time of change in land holdings.
Banks to issueorders
Bank to sanction apermanent cash creditlimit to be renewedeach year on theverification of landholding. Since landrecords have been putonline, this will beverified by the bankthemselves.
6.
10
Total 32 centres have beenidentified for opening brick andmortar branches and in 36 villagesBanks will start Ultra Smallbranches as per new guidelineson FIP.
ZO/HOWhether schedule foropening new branchesas per the newguidelines on FinancialInclusion has beenprepared and beingimplemented
12.
Yes. Instructions have beenagain re-iterated.
ZOWhether BranchManager himself visitsone village in a week.
11.
Necessary instructions have beenissued to provide additionalmanpower to branches whereverrequired and confirm that extramanpower has been provided torural and semi-urban branches forthe purpose.
HO/ZOWhether extramanpower has beenposted in rural andsemi-urban branchesto see that each villageof 2000 morepopulation is visitedonce a week on a fixeddate, time and placeand supports BCs forundertaking requestsfor account opening,loan and recovery.
10
As per the information, some of theBanks have issued the instructions foropening Savings cum OD accountupto Rs.10,000/- to the non-farmerfamily living in rural area. However,the wide spread implementation is tobe ensured.
Each ZOWhether eachnon-farmer family livingin rural area falling inthe service area of thebank has got aSavings-cum-ODAccount.
9.
improved in the coming Kharif seasoni.e. From April onwards.
The matter was discussed inSLBC meeting held on 1.12.2011where Chief Secretary, GoG wasalso present. The State Govt. isnow working on the request madeand in the meantime the matter isalso being followed up by SLBCas well as RBI level. The list of 32schemes is made available to theconcerned State Govt.Departments as well as the LDMsand the Banks.
SLBC Convenerin consultationwith all otherBanks and StateGovernment
E-payment andElectronic BenefitTransfers under 32schemes
15.
Yes. District Service Area Plan ofall the 26 districts have beenuploaded.
SLBC ConvenerPreparation of DistrictService Plan anduploading of the sameon district website.
14.
Member Banks have beeninformed to comply to theinstructions.
HO/ZOWhether accounts arebeing opened as perguidelines on KYCissued by DFS
13
11
Recently, MD, GLPC instructed allthe DRDA Directors in the State tomake e-payment in all the 7schemes being implemented byRural Development Department ofthe State Govt.
Coverage of all uncovered eligible farmers for prov iding crop loan -KCC
As per the communication dtd. 19th August, 2011 from the Secretary, Department ofFinancial Services, Ministry of Finance, Govt. of India regarding action plan forcoverage of all eligible farmers for providing crop loan - Kisan Credit Card for coverageof all uncovered eligible farmer under KCC.
Chief Secretary, Govt. of Gujarat had also issued necessary instruction to the StateGovt. Field functionaries for their active involvement in agriculture Campaign. LDMs arealso in touch with District and Block authorities for Agri. KCC campaign.
Banks have taken up the issue at their own in campaign mode and up to 31st January,2012 , 176958 KCCs have been issued. The progress in issuance of Kisan CreditCards (KCCs) to uncovered eligible farmers is as per ANNEXURE - E.
Action taken on - Green initiative - e- payments
Immediately after receipt of Communication regarding Green Initiative - e- payments,following measures were initiated by SLBC, and the present status is as under:
� Special Sub-Committee meeting of SLBC was convened on 5th September, 2011 todiscuss the various issues. The meeting was Chaired by Shri A.K. Dutt, ExecutiveDirector, Dena Bank. On the same day i.e. 5th September, 2011 evening, after themeeting, Shri A.K. Dutt, Executive Director, Dena Bank along with the Chief GeneralManager, NABARD and the Convenor, SLBC had met Shri A.K. Joti, ChiefSecretary, Govt. of Gujarat and briefed him about the Govt. of India’s guidelines andto request for the necessary action.
� All Member Banks were also requested during the meeting to open No FrillsAccounts for making e-payment to cover all beneficiaries.
� On 1st November, 2011, a Special Sub-Committee meeting of SLBC was againconvened along with Lead District Managers of all districts of Gujarat State and themembers were once again requested to take further the process of opening No FrillsAccounts and the State Govt. was also requested for drawing up action plan forensuring e-payment initiative for the schemes.
� Based on the discussion, a separate communication along with the list of 32schemes were sent to respective department of Govt. of Gujarat vide SLBCreference No.GMO/SLBC-100/1115/2011 dtd. 9th November, 2011.
12
� The matter was also discussed in SLBC meeting held on 1.12.2011 where ChiefSecretary Govt. Of Gujarat was also present. The State Govt. Is now working on therequest made and the matter is also being followed up by SLBC as well as RBIlevel.
� Recently, MD, GLPC Instructed all the DRDA Directors in the state to makee-payment in all the 7 Scheme being implemented by Rural DevelopmentDepartment of the State govt.
AGENDA No.3
OTHER AGENDA
3.1 Implementation of the scale of finance finalise d by DistrictLevel Technical Committee (DLTC) for Crop Loans - KCCs
Gujarat State Co-operative Bank (GSCB) Ltd. has informed that in some of the districtsBanks, other than the Dist. Co-operative banks, are not adopting the scale of financefixed by DLTC and financing more than the district scale of finance.
As such, as per the existing Kisan Credit Card Scheme, Banks are consideringcontingency @ 20% of the production credit / ancillary credit requirement over andabove the scale of finance. Moreover, as per the NABARD’s guidelines, Banks areconsidering 25% additional finance over the scale of finance to the progressive farmersadopting improved varieties of seeds and technology for cultivation and also havinggood track record.
It is expected that DCCBs may also consider the enhanced requirements of the farmerson the aforesaid pattern on merits.
3.2 Issue of extending Fixed Deposit Interest Rates on the savingsof the SHGs
SLBC has been informed by the Commissioner & Principal Secretary, RuralDevelopment Department, Govt. of Gujarat that under SHG Bank Linkage Programme,Banks are extending Cash Credit facility to the SHGs on the basis of corpus funds ofthe SHGs which comprises of their savings and the revolving fund. The Banks arecharging interest rate varying from 11% to 14% per annum depending upon the lendingpolicy of the Bank. On the other hand for the Credit balances in their saving accounts,Banks are paying interest normally at 4% per annum.
As and when SHGs utilise the Cash Credit facilities, banks are normally opening aseparate Cash Credit account to allow the operations in the Cash Credit accounts.While Banks are charging interest @ 11% to 14% per annum, SHGs earn only 4%interest rate per annum to the extent of their Credit balances in their SB accounts as aresult SHGs have to bear unnecessary interest burden to the extent of their creditbalances.
It is informed that the said issue was came up for discussion at the meeting held on 9thDecember, 2011 before the Hon’ble Chief Minister of Gujarat and it was suggested that
13
the issue of extending Fixed Deposit Interest Rates on the Corpus of SHGs be takenwith the Bankers in the event Banks do not follow the practice of adjusting the balancesin their savings accounts while allowing withdrawals in the Cash Credit accounts.
As the matter is viewed in topmost priority by the Hon’ble Chief Minister, it is requestedto decide a uniform policy so that SHGs get Fixed Deposit Interest Rates on theirsavings with Banks if the Banks do not follow the practice of adjusting the balances intheir savings accounts while allowing withdrawals in the Cash Credit accounts.
Commissioner & Principal Secretary, RDD, GoG has opined that this would motivatethe Self Help Groups for mobilising more savings with the Banks and reduce theirinterest burden on the credit assistance being availed from the Banks.
The House is requested to deliberate on the above s uggestion and finalise thecommon strategy to be adopted by all the Banks.
3.3 Union Budget Announcement 2011-12 : 1% Interest SubventionScheme (ISS) for housing loans upto Rs.15 lakhs wit h cost ofthe house not exceeding Rs.25 lakhs
National Housing Bank vide its letter dtd. 3rd January, 2012 (Copy enclosed asANNEXURE - F) has informed that 1% Interest Subvention Scheme of theGovernment of India (Ministry of Finance) is in operation since October 1, 2009. TheScheme provides interest subsidy on housing loans to eligible borrowers and is beingimplemented throughout the country by Scheduled Commercial Banks (SCBs) andHousing Finance Companies (HFCs) registered with National Housing Bank (NHB).The subsidy amount has already been allocated and provided in the Union Budget forthe year 2011-12.
In accordance with the Union Budget announcement for the year 2011-12, the Schemehas been extended for FY 2011-12 with increase in the housing loan limit from theearlier Rs.10 lakh to Rs.15 lakh and the cost of unit from the earlier Rs.20 lakh to Rs.25lakh respectively.
In terms of the government’s decision (reference DFS letter No.5(60)/2009-Dev/IF.IIdated 15th December, 2011) the National Housing Bank (NHB) has now been
designated as the common Nodal Agency for both Banks and HFCs. It is informed thatthey have accordingly revised the Guidelines for implementation of the Schemeincorporating the changes announced in the Union Budget 2011-12.
3.4 Details regarding Farmerwise, Cropwise, Survey N umberwisecrop grown and credit limit sanctioned
SLBC has received the communication from the Addl. Secretary, Agriculture &Co-operation, Govt. of Gujarat vide their letter dtd. 13th January, 2012 that in order tocurb the leakages and corruption in agriculture insurance, it was pointed out by thePrincipal Secretary, Agriculture & Co-operation that many farmers connived with certainofficers for insurance malpractices. The issue was taken up in 130th SLBC meeting to
14
provide the required information like Name of the Farmer, Name of Village / Taluka &District, Survey Number, Crop insured, Area insured in hectare and Sum insured andpremium paid, etc. In the existing simplified forms as recommended by the TalwarCommittee for availing / renewal of crop loan, the survey numberwise crop growninformation is not included and it was also not possible to track the same.
The Addl. Secretary has advised to modify the existing application form incorporatingthe aforesaid required information.
The House is requested to deliberate on the issue a nd similarly the AIC is alsorequested to modify the declaration formats for inc orporation of the aforesaidinformation.
3.5 Report on “Improving Bank Finance to enhance pro duction,productivity and diversification in Agriculture sec tor - ActionPlan for Banks”
During the 3rd quarter review meeting of Monetary Policy 2010-11, role of banks inboosting the agriculture economy of the country was discussed. The Governor, RBI,had suggested that Indian Banks Association could come out with a discussion paperon banks’ role to improve bank finance to enhance production, productivity anddiversification in Agriculture sector. Accordingly, IBA come with action points for theBanks to remove bottlenecks and structural weaknesses for a holistic solution to theissue and challenges faced. The detailed Action Plan of IBA is enclosed asANNEXURE - G.
The House is requested to discuss the Action Points and to frame strategies forimplementation of the same.
3.6 Computerisation of land records in Gujarat State - Onlineverification of land records and creation & release of charge
Shri D. K. Mittal, Secretary, Department of Financial Services, Ministry of Finance,Govt. Of India vide letter No. D.O. No. 18/Secy(DFS)/2012 dtd. 9th February, 2012(copy enclosed as ANNEXURE - H)addressed to our Chairperson and ManagingDirector on the captioned matter, wherein it is informed that the land records in theState are available online and further advised that all the banks in the State of Gujaratto initiate following actions:
a. No documentation of land records must be sought from the farmers while theysubmit an application for loan. Concerned bank must download it online.
b. Creation of mortgage charge must be done online by Branch Managers.
c. Release of charge must also be done online by banks.
d. This matter is taken up in special SLBC meeting and all bank to implement theabove action before 31st March, 2012.
15
e. The State govt. to organise training in all districts for the staff of the banks andprovide them necessary support for digital certification.
f. The special SLBC meeting is held before 20th February, 2012 and action takenis intimated.
SLBC vide its letter dtd. 14th February, 2012 requested the Chief Secretary, Govt. OfGujrat to take suitable decision in the matter so as to take the matter forward forimplementation and a meeting of subgroup of SLBC will be held on 28.02.2012 toarrive at workable solution and same would also be placed before the SLBC house tobe held on 5th March, 2012.
3.7 Implementation of Handloom Package announced by theHon’ble Finance Minister in the Union Budget 2011-1 2 - Agendasponsored by NABARD
(1) The Implementation of Handloom Package announced by the Hon’ble FinanceMinister in the Union Budget 2011-12 was discussed in the SpecialSub-Committee meeting of the SLBC held on 19th January 2012. Afterdiscussions, the following action point emerged :
‘Branch Manager to shortlist the cases on merits under the package and send the sameto their Controlling offices. Each bank has to finalise the number of eligible borrowersunder the Scheme by 5th February 2012 for onward submission to NABARD. Banks toprepare a separate list for cooperatives / Societies and for individual borrowers.Formats for cooperative societies and individual borrowers were enclosed to theminutes.’
NABARD is yet to receive any list from any of the banks regarding the number ofeligible borrowers etc. under the package.
Banks are requested to urgently furnish the same di rectly to NABARD with a copyto SLBC.
(2) Estimates of the amount likely to be spent under handloom package upto31/3/2012 and subsequent amount likely to be required in the next financial year2012-13 is to be furnished urgently to GoI in the following format :
(Rs. In lakh )
Individual Loan Waiver4Training of Auditors3Cost of Special Audit2Start up Activities1
ExpenditureRequirements for FY2012-13
ExpenditureRequirements upto31.03.2012
ParticularsSr.No.
16
TOTAL7
Recapitalisation -Primary WeaversSociety (PWCS)
6
Recapitalisation - ApexWeavers Society(AWCS)
5
. Member Banks are requested to provide the data in r espect of Individual LoanWaiver directly to NABARD with a copy to SLBC and S tate Government mayprovide the data in respect of recapitalisation ass istance for AWCS and PWCS toNABARD urgently.
3.8 Progress under financing to Indira Awas Yojana ( IAY) - DRI LoanScheme - as of December, 2011
The Districtwise & Bankwise progress received from Rural Development Department,Govt. of Gujarat upto the quarter ended December, 2011 is as under : Districtwise Progress
827481309930060125907Total251211962619Valsad2693791678510180Vadodara25800013212121Tapi 24
22801605793019Surendranagar23197384418704687Surat 2288070296611773Sabarkantha21208806952783Rajkot 2012074131Porbandar19
238024805265386Patan 184650047289378Panchmahals173237993495Navsari 16
495363511846772Narmada15166513264513442Mehsana141290197326Kutch 13
1128671351014867Kheda12156198221575Junagadh1110597245447Jamnagar10258486348Gandhinagar9
137040122614930Dahod8960120216Dangs7
19676626898Bhavnagar64866020826948Bharuch 5454746424389627Banaskantha442442045529411583Anand34833914691343Amreli2748172481013Ahmedabad1
Appl.Pending
Appl.Rejected
Appl. Sanc.Appl.Sponsored
DistrictSr.No.
Bankwise Progress
17
827481309930060125907Total1263145921500Other Banks1629419304Allahabad Bank15421034455Indian Overseas Bank1410600106Canara Bank131752147243Indian Bank1270121781999UCO Bank11740478Bank of Maharashtra10
162528911773091United Bank of India.917626786373077Union Bank of India819324280515Syndicate Bank7
336160810735042Central Bank of India62747327151151241700Bank of Baroda55561171518139089Bank of India45675473694Punjab National Bank3
156693453760326725Dena Bank2235032961582532289State Bank of India1
Appl.Pending
Appl.Rejected
Appl. Sanc.Appl.Sponsored
BankSr.No.
All the Member Banks (excluding RRBs, Private Secto r Banks, DCCBs &GSCARDB) are requested to closely monitor the branc hwise progress under theScheme. Similarly, all the Lead District Managers are requested to closelymonitor the progress in BLBC and DLCC meetings.
3.9 Monitoring of progress under finance extended to MSMEs,Housing and Auto Sectors under IBA Package
Since the introduction of Stimulus Package, the Banks in Gujarat have extendedfinance to the tune of Rs.39,634.27 crores upto the quarter ended December , 2011.Sectorwise figures of finance extended are as under :
MSME Sector : Rs. 19,056.18 crores (including Genset)Housing Sector : Rs. 14,063.11 croresAuto Sector : Rs. 6,514.98 crores Total : Rs. 39,634.27 crores
The summary of the progress under various stimulus packages upto December, 2011 isas under : (Rs. in crores)
Amt.No. of A/csAmt.No. of A/cs
Cumulative at the end ofquarter December, 2011(since 01.12.2008)
During the quarter December, 2011
Particulars
18
1.101130.045Sanction of loans forpurchase of Gen Sets onsoft terms
1123.89685219.614Restructuring of MSMEaccounts
5341.5512,364356.171446Sanction of incrementalworking capital loans(Existing units)
13,713.5338,4511255.49 2627Sanction of working capitalloans (New)
(1) Credit flow to MSME
6514.981,69,110569.86 7,216(3) Sanction of Auto Loans
5159.1713,50483.18271Loans above Rs.20 lakh
6792.1656,055264.192759Loans from Rs.5 lakh toRs.20 lakh
2111.7851.5949.591163Loans upto Rs.5 lakh
(2) Sanction of Housing Loans
The Bankwise progress report in respect of MSME Sector is enclosed asANNEXURE- 30.
The Bankwise progress report in respect of Housing Sector and Auto Sector isenclosed as ANNEXURE- 31.
The Bankwise details on interest rate (range) charged on loans sanctioned underStimulus package is as ANNEXURE- 32.
Details of action taken by STPSEs and Electricity Boards
The details received from Electricity Companies are as under : (Rs. in lakhs)
Not ReceivedNot ReceivedDakshin Gujarat Vij Co. Ltd.(Surat)
6
Not ReceivedNot ReceivedPaschim Gujarat Vij Co. Ltd.(Rajkot)
5
775.52*2444.88Madhya Gujarat Vij Co. Ltd.(Vadodara)
4
NILNILUttar Gujarat Vij. Co. Ltd(Mehsana).
3
NIL545.11Gujarat Energy Trans. Corp.Ltd. (Vadodara)
2
NIL60.65Gujarat State ElectricityCorp. Ltd. (Vadodara)
1
Amount of bills pendingwith STPSE and Elec.
Boards at the end ofDecember, 2011
Amount of bills paid by theSTPSEs and Electricity
Boards during December,2011
Name of Vij CompanySr.No.
* Not becoming due.
Industries Commissionerate, Govt. of Gujarat vide its letter dtd. 13th January, 2012 hassubmitted the details of Districtwise number of Micro, Small and Medium Enterprisesregistered from 2.10.2006 to 31.12.2011 in the State of Gujarat.
19
Rs. In Crores
75545726177646158825,04717,1007,52,69417.95099,499
Employment
Investment
No. ofunits
Employment
Investment
No. ofunits
Employment
Investment
No. ofunits
MediumSmallMicro
Districtwise details is given as ANNEXURE- I.
AGENDA No.4
REVIEW OF BANKING DEVELOPMENTS IN KEY AREAS FOR THE QUARTERENDED DECEMBER, 2011 :
During the quarter ended December, 2011, total number of bank branches increased by123 taking the total network of branches from 6515 as of September, 2011 to 6638 asof December, 2011 in the State as per the details given in ANNEXURE- 1.
BRANCH EXPANSION
205384663864336254Total79153712633559Private Sector Banks00181181181GSCARDB
(-) 6(-) 4118011861184DCCBs1419489475470RRBs
113196293228192736Nationalised Banks520114411391124State Bank Group
Variationover
March'11
GrowthY-o-Y
December,2011
March, 2011December,2010
For the period ended Bank Group
During the quarter under review, 123 new branches ( Metro - 26, Urban - 16,Semi-Urban - 40 and Rural - 41 ) were added in the State.
Further, 201 licences were pending (Metro - 114, Urban - 38, Semi-urban - 44 & Rural -05) for opening of new branches at the end of December, 2011 as per the informationreceived from Reserve Bank of India, Department of Banking Supervision (DBS),Ahmedabad.
Member Banks are requested to expedite opening of B ranches.
DEPOSITS GROWTH :
During the quarter under review, the aggregate deposits of the banks in Gujaratincreased by Rs.7912 crores in absolute terms from Rs.2,91,967 crores as ofSeptember, 2011 to Rs. 2,99,879 crores as of December, 2011 registering a growth of
20
2.71% as against 3.48% growth for the corresponding period of the previous year.However, the growth over March, 2011 is 10.22% and y-o-y growth stood at 20.76%.
The bank wise and district wise details are given in ANNEXURE - 2.
The Bank group wise details are given in the following table: (Rs./ Crores)
FOR THE PERIOD ENDED
27,803 (10.22%)
52,245(21.10%)
2,99,879(2.71%)
2,72,076(20.76%)
2,47,634(3.48%)
TOTAL
1289(2.75%)
9919(25.90%)
48,214(6.61%)
46,925 (36.44%)
38,295 (5.86%)
Private Sector Banks
0-
(-) 28(-)17.61%
131(-)5.76%
131(-)5.76%
159(0.63%)
GSCARDB
(-)269(-)2.11%
580( 4.88%)
12,464(-)6.07%
12,733 8.06%)
11,884(-)4.91%)
DCCBs
338(7.37%)
792(19.15%)
4927( 2.92%)
4589(16.21%)
4,135(0.32%)
RRBs
18,963(12.99%)
29,643(21.90%)
1,64,999(2.15%)
1,46,036(20.02%)
1,35,356(4.93%)
Nationalised Banks
7482( 12.13%)
11,339(19.62%)
69,144(3.17%)
61,662(15.56%)
57,805(1.65%)
State Bank Group
Absolutegrowth overMarch, 2011
GrowthY-o-Y
(Dec. 10to Dec.11)
December,2011
March,2011
December,2010
BANK GROUP
(Figures in the brackets for the quarter ended December, 2010 & December, 2011indicate % growth over previous quarter, whereas figures in the brackets for the periodended March, 2011 indicate % growth over previous year).
During the quarter under review, the highest percentagewise growth was registered byPrivate Sector Banks (6.61%), followed by SBI (3.17%), RRBs (2.92%), NationalisedBanks (2.15%), whereas DCCBs and GSCARDB showed negative growth (6.07% &5.76%) respectively over the previous quarter.
During the quarter under review, the NRI deposits increased by Rs.1455 crores andstood at Rs.25,445 crores forming 8.49% of the total deposits as of December, 2011 as against Rs.22,427 crores (9.06%) as of corresponding period of the previous year.
CREDIT EXPANSION :
During the quarter under review, the aggregate advances of the Banks in Gujaratincreased by Rs. 14,076 crores in absolute terms from Rs. 1,96,885 crores as ofSeptember, 2011 to Rs. 2,10,961 crores as of December, 2011 registering a growth of7.15% as against 8.72% growth for the corresponding period of the previous year.However, the growth over March, 2011 is 12.33% and y-o-y growth stood at 20.72%.
21
The bank wise and district wise details are given in ANNEXURE - 2. The Bankgroup wise details are given in the following table:
(Rs./ Crores ) FOR THE PERIOD ENDED
23,158(12.33%)
36,954(21.24%)
2,10,961(7.15%)
1,87,803(20.72%)
1,74,007(8.72%)
Total
2404(5.63%)
8118(21.95%)
45,109(5.42%)
42,705(23.30%)
36,991 ( 7.23%)
Private SectorBanks
(-)1(-) 0.18%
(-)6(-) 1.06%
562(1.63%)
563(-) 5.22
568 (-)1.22%
GSCARDB
1508(21.52%)
719(9.22%)
8515(1.13%)
7,007(3.39%)
7,796(2.00%)
DCCBs
454(22.11%)
426(20.47%
2507(5.87%)
2,053(11.64%)
2,081(3.22%)
RRBs
12,481(13.88%)
18,373(21.87%)
1,02,381(8.00%)
89,900(21.94%)
84,008(10.37%)
NationalisedBanks
6312(13.84%)
9324(21.91%)
51,887(8.18%)
45,575(19.91%)
42,563(8.55%)
State Bank Group
AbsoluteGrowth overMarch 2011
GrowthY-o-Y
(Dec. 10to
Dec.11)
December,2011
March,2011
December,2010
Bank Group
(Figures in the brackets for the quarter ended December, 2010 & December, 2011indicate % growth over previous quarter, whereas figures in the brackets for the periodended March, 2011 indicate % growth over previous year).
The data reveal that the overall growth in outstanding advances was 7.15% during thequarter, which was contributed mainly by SBI (8.18%) followed by Nationalised Banks(8.00%), RRBs (5.87%), Private Sector Banks (5.42%), DCCBs (1.13%) andGSCARDB (1.63%).
CREDIT DEPOSIT RATIO:
As per RBI guidelines, the CD Ratio inclusive of RIDF for the State as a whole is asunder: ( Rs./ Crores )
72.842,99,8792,18,36174002,10,961CD RatioDepositsTotalRIDF Advances
The Bank groupwise CD Ratio (without RIDF) is given below:
FOR THE PERIOD ENDED
2.55(-)3.0393.5691.0196.59Pvt. Sector Banks13.282.7168.3155.0365.60DCCBs6.140.5650.8844.7450.32RRBs0.49(-)0.0162.0561.5662.06Nationalised Banks1.132.0175.0473.9173.63State Bank Group
Variationover
March,2011
Y-o-Y Dec. 10 to
Dec.11
Dec.,2011
March,2011
Dec.,2010
Bank Group
22
1.320.0870.3569.0370.27CD Ratio for Stateas a whole
The CD Ratio as of December, 2011 increased by 1.32% over March, 2011 and stoodat 70.35% The CD Ratio, when compared over the corresponding period of theprevious year, shows an increase of 0.08%.
CD Ratio BELOW 40%
As of December, 2011, the CD Ratio in the following seven districts is below 40%where the Banks are required to put in special efforts to increase the same.
(-)13.3852.1938.81Dahod7(-) 1.0022.9521.95Porbandar6(-) 1.2918.7317.44Navsari5
0.7528.4029.15Kutch4(-) 0.1027.4227.32Kheda3(-) 1.9326.6424.71Dangs2(-)2.5224.2221.70Anand1
Variation overMarch, 2011
CD Ratio as ofMarch, 2011
CD Ratio as ofDec., 2011
Name of DistrictSr. No.
All above districts, except Kutch has shown negative growth in the range of 0.10% to13.38% over March, 2011. The Lead District Managers of the above seven districtshaving CD Ratio below the benchmark of 60% need to initiate immediate action toreach atleast to the stipulated benchmark of 60%. The LDMs are also requested toconvene the meeting of sub-committee of DLCC set - up to review the low CD Ratio inthe district, on regular basis as envisaged by Reserve Bank of India.
CD Ratio BELOW 20%
As of December, 2011, Navsari district in the State is continuing having CD Ratio below20%.
CREDIT + INVESTMENT TO DEPOSIT RATIO :
Further, if investment/other forms of finance i.e. non-convertible debentures,commercial papers, bonds, etc. are also taken into account, the position is as under:
(Rs./ Crores)
80.05* 2,40,04821,687 * 2,18,361All Banks + RIDF77.582,32,64821,6872,10,961All Banks67.481,11,33989581,02,381Nationalised Banks87.4760,477859051,887State Bank group
%TotalInvestmentCreditBank Group
*(includes RIDF of Rs.7400 crores)
If the figures of advances granted to units in Gujarat by Bank branches outside Gujaratare taken into account, the CD Ratio stands as under :
(Rs./ Crores)
23
84.762,54,18743,2262,10,961All Banks70.721,16,68614,3051,02,381Nationalised Banks
116.8580,79928,91251,887State Bank group
%TotalCredit fromoutside Gujarat
Credit Bank Group
Out of 50 Member Banks, only 8 Banks viz. Bank of B aroda, Bank of India, CentralBank of India, Dena Bank, Syndicate Bank, State Ban k of India, DevelopmentCredit Bank and Federal Bank have provided the deta ils of credit from outsideGujarat. If all Banks provide the details, the adj usted CD Ratio will be muchhigher . Bankwise details are given in ANNEXURE- 1.
PRIORITY SECTOR LENDING :
An analysis of the performance in terms of the targets set forth by the GhoshCommittee is presented as under :
I. The %wise growth under various areas of priority sectors in respect of All Banks(including RRBs) was as under :
(Rs./Crores)
33.108.050.01832.370.0224.32 1%DRI ADVs
19.19 22277.3713,8327.4611,60510%WEAKERSECT. ADVs
0.67 21116.8331,61220.1831,40118% AGRI.ADVANCES
8.89639641.7378,37146.2671,97540%PRIORITYSECTORS
% Achi.of NBC
DEC.,2011
% Achi.of NBC
MARCH,2011
% INCREASE overMarch,2011
ABSOLUTEGROWTH
OUTSTANDING AS OFBENCHMARK
PARAMETER
It reveals from the above data that the benchmark under Priority Sector Advances hasbeen crossed and stood at 41.73% as at the end of the quarter ended Dec. 2011.
The performance against the benchmark under Agriculture Advances fell short by1.17% i.e. remained at 16.83% as against the benchmark of 18%.
Similarly, the performance under Weaker Section Advances also could not reach thebenchmark of 10% and remained at 7.37%. It may be pointed out that there was asizable growth in absolute terms as it increased by Rs.2227 crores over March, 2011.
Performance under DRI advances is a cause of concern as it is well below the stipulatedbenchmark of 1% of total advances of previous year ended. The % achievement was 0.018%as at the end of December, 2011.
II. The percentage-wise growth under following areas of priority sectors in respectof Regional Rural Banks was as under :
(Rs. /Crores)% INCREASEover
ABSOLUTEGROWTH
OUTSTANDING AS OFBENCHMARK
PARAMETER
24
21.5517548.0698744.1781215%WEAKERSECT. ADVs
16.42302104.28214190.20183960%PRIORITYSECTORS
% Achi.of NBC
DEC.2011
% Achi. ofNBC
MARCH,2011
March,2011
Bankwise / Districtwise details are given in ANNEXURE- 2 & 3.RRBs have achieved / surpassed the targets under Priority Sectors (104.28%) andWeaker Sections (48.06%) as against the benchmark of 60% and 15% respectively.
III. The Bank groupwise percentage share of various components of Priority Sectoradvances as of December, 2011 is as under :
17.655.4014.5229.3925%% OF W.S.ADV. TO P.S.ADV.
0.0180.000.0220.0281%DRIADVANCES
7.371.676.2910.9710%WEAKERSECTIONS
16.8310.8814.5812.4118%AGRI.ADVANCES
41.7330.8343.2937.3240%PRIORITYSECTORS
ALL BANKSPRIVATESECTOR
BANKS
NATIONALISED BANKS
STATE BANKGROUP
BENCHMARK
SECTOR
The Member Banks below the benchmark are requested to improve theirperformance under Agriculture, Weaker Section and D RI advances so as toachieve the National Goals.
AGENDA No.5
REVIEW OF PROGRESS UNDER SERVICE AREA CREDIT PLAN(SACP) 2011-12 FOR FRESH LENDING TO PRIORITY SECTOR : The summary of target vis-a-vis achievement for the half year ended December, 2011under Service Area Credit Plan 2011-12 is presented hereunder.The bankwise anddistrictwise details are given in ANNEXURE - 4 & 4/A.
(Rs./Crores)
64.80 4665 7199Trade & Services102.13 5976 5851AVCI & SSI42.88 3333 7773(b) Of which, Term Loan67.22 11,84317,618(a) Of which, Crop Loan59.77 15,17625,391Total Agri. & Allied
% ACHIEVEMENT ASOF
DECEMBER, 2011
ACHIEVEMENTUPTO
DECEMBER, 2011
TARGET SECTOR
25
67.16 25,81738,441Total
The overall achievement in disbursement under Service Area Credit Plan by all theBanks was 67.16% upto the quarter ended December, 2011. The highest percentageachievement was recorded in MSEs - 102.13% followed by Trade & Services - 64.80%and Agriculture - 59.76% .
The analysis of the achievement is as under :
22.41Dangs21
38.25Dahod20
43.21Narmada19
43.74Junagadh18
52.08Ahmedabad17
53.37Tapi16
54.38Banaskantha15
55.51Kheda14
57.04Patan13
58.27Panchmahals12
58.78Kutch11
59.77Mehsana10
60.12Navsari9
60.76Gandhinagar8
61.57Anand7
61.75Bhavnagar6
STATE AVERAGE : 67.16%
62.16Porbandar578.97Sabarkantha562.86Bharuch481.62Rajkot464.44Valsad388.19Jamnagar366.33Amreli290.98Surat266.72Surendranagara
nchmahals1111.20Vadodara1
Percentage(%)
District belowthe StateAverage
Sr.No.Percentage (%)
District abovethe StateAverage
Sr.No.
From the above table, it can be seen that the performance under SACP upto thequarter ended December, 2011 in respect of 5 districts was found to be satisfactory,whereas in respect of 21 districts the performance remained below average. Theperformance in Dangs (22.41%), Dahod (38.25%), Narmada (43.21%) and Junagadh(43.74) districts remained below 50%.
All the Lead District Managers in general and LDM of above mentioned 21 districts inparticular are requested to gear up their machinery and monitor the Bankwise /Branchwise performance effectively in DLCC / BLBC meetings to ensure achievementof set targets for the year 2011-12.
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All the Member Banks are also simultaneously requested to monitor the Branchwise /Districtwise performance of their Bank branches in these 21 districts and also advisetheir branches / controlling offices to ensure 100% submission of LBR-2 / LBR - U2Returns to respective Lead District Manager positively, so that correct / actual positionof achievement is reflected for the Bank and the concerned district.
Agency wise & Sub-sector wise Ground Level Credit D isbursement underAgriculture - half year ended December, 2011
As against the target of Rs.25,391 crores for disbursement under Agriculture Sector forthe year 2011-12, Banks have disbursed Rs.15,176.15 crores i.e. 59.70% of the target,as against Rs.14187 crores (66.90%) during the corresponding period of the previousyear. The major share of 78% is under Short Term Crop Loan sector and the remaining22% under Term Loan Sector. In the first quarter, majority of credit outflow goestowards for production credit and it is expected that in the remaining period theinvestment credit will pick up. In order to build up the farm assets and to haveconsistency in the Agriculture finance at the year end, Banks need to concentrate oninvestment credit for the various farm activities.
Agencywise and Sub-sector wise details are given as ANNEXURE- 24.
AGENDA No .6
COMPARATIVE POSITION OF CASES FILED UNDER GUJARAT S TATERECOVERY ACT, 1979 AS OF DECEMBER, 2011
(Rs./ Crores)
56.2328,263 42.5528,213cases pending for lessthan 1 year
88.5628,216 61.9827,844more than 1 year to 2years
68.4832,884 49.7631,303more than 2 years to 3years
230.12 77,506214.96 89,075Of which,cases pending for morethan 3 years
443.391,66,869369.251,76,435Cases pending 3
(70.61)(59,105)(59.22)(57,214)Of which, cases closed
99.7262,19891.3562,488Cumulative Recoveryeffected
2
543.112,25,974 460.602,33,649Cumulative certificatesfiled
1AmountAccountsAmountAccounts
December, 2011March, 2011PARTICULARSSR.NO.
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District wise details are given in ANNEXURE- 5.
Large number of pending cases are found in district like Ahmedabad (No.29,788 - Amt.Rs.105.09 crores), Sabarkantha (No.25,117-Amt. Rs.22.94 crores), Banaskantha(No.15,144 - Amt. Rs.18.29 crores) and Vadodara (No.11,786 - Amt. Rs.11.78 crores).
All Lead District Managers are requested to incorpo rate the Agenda on RecoveryCertificates, if not done, and critically review th e position of pending RecoveryCertificates in every DLCC meetings and pursue the matter with the DistrictAuthorities for immediate disposal of the same.
The Revenue Department is requested to issue instru ctions to the DistrictAuthorities for quick disposal of pending Recovery Certificates and extendnecessary help and support to the Banks in recovery in chronic cases.
Bankwise position of Outstanding, NPA, Percentage o f NPA to Outstanding uptothe half year ended December, 2011
The Gross Advances of the Banks in the State of Guj arat as of December, 2011 isRs.2,10,961 crores. (Amt. Rs. in lakhs)
3.284176.161,27,302.54Education Loans1.1318,066.5415,97,451.86Housing Loans
Others0.00047.76JGVY
11.52273.122370.79GWEDC8.091,266.7215,663.93DCWD
15.681,189.057583.56GSCDC17.916,112.9634,125.01VBS
State Govt. Sponsored programmes46.5149.93107.36SRMS21.411424.216650.95SJSRY
7.972138.9826,853.59PMEGP17.284455.1925,779.06SGSY
Central Govt. Sponsored schemes2.6441,586.6015,77,831.29Other PS4.171,20,883.8228,99,228.09MSEs4.4655,131.1812,37,236.27Agri. Term Loan2.7941,536.5414,89,700.78Crop Loan
Priority Sector Advances
% NPA toOutstanding
Amt. of NPA Amt. OutstandingParticulars
Consolidated details are as ANNEXURE - 33.
It may be noted that the above figures does not represent the position for the bankingindustry as a whole as despite our best efforts, number of Banks did not submit thedetails.
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All Member Banks are once again requested to submit the same from nextquarter onwards.
AGENDA No.7
REVIEW OF PROGRESS UNDER GOVT. SPONSORED PROGRAMMES FOR THEQUARTER ENDED DECEMBER , 2011
The Summary of performance for the quarter ended December, 2011 inimplementation of various bankable schemes sponsored by Central / State Governmentis presented hereunder.
The schemewise/districtwise details are furnished in the ANNEXURE- 6 to 13 (A).
CENTRAL GOVERNMENT SPONSORED PROGRAMMES :
Comparative performance under Central Govt. Sponsor ed Programmes
24.18%(No.)57.65%(Amt.)
135.08%(No.)341.23(M.M. Amt.)
52.62%December, 2011
220.59%(No.) 186.14%(Amt.)
72.19%(No.) 108.08%(M.M.
Amt.)
55.32%December, 2010SJSRYPMEGPSGSYPeriod ended
% Achievement during the quarter
(M.M. = Margin Money) (Rs./ Lakhs)
57.65 (M.M)341.2352.62% achievement (Amt.)24.18135.08N.A.% achievement (No.)
11,212161811,427Pending (No.) 38196931387Retd./Rejtd. (No.)
454.38N.A. 3692.08Disbursed (Amt) 902N.A.11036Disbursed (No.)
543.628674.02 (M.M.)6361.49Sanctioned (Amt)872245313,338Sanctioned (No.)
15,903476426,152Sponsored (No.)
3607 (No.)942.90 (Amt.)
1,816 (No)Rs.2541.97
M. M. (Amount)
Rs.12,090.00(Amount)
Target (2011-12).
SJSRYPMEGPSGSYBANKABLE SCHEMESPARTICULARS
SWARNA JAYANTI GRAM SWAROJGAAR YOJANA (SGSY) :
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The financial targets have been achieved by 52.62% upto the quarter ended December,2011 as against the achievement of 55.32% for the corresponding period of the theprevious year.
There were 1020 loan applications of SHGs and 10,407 loan applications of individualspending at the quarter ended December, 2011. Besides individual finance, groupfinance is required to be encouraged by the Banks which ultimately improve the creditlinkage of SHGs.
Districtwise performance under the scheme is as under :
36.22Valsad1449.23Surat13
52.62%
44.85Rajkot1263.21Vadodara1242.40Porbandar1185.75Tapi1145.49Patan1056.46Surendranagar108.99Narmada970.27Sabarkantha9
48.51Kutch859.77Panchmahals825.02Junagadh756.47Navsari75.25Gandhinagar679.93Mehsana6
17.55Dangs583.29Kheda5
31.38Bhavnagar454.55Jamnagar431.12Bharuch354.37Dahod347.96Banaskantha276.67Anand236.61Amreli158.99Ahmedabad1
Percentage (%)Below AverageSr.No.Percentage(%)
AboveAverage
Sr.No.
PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP)
Against the target of 1816 (physical) and Rs.2541.97 lakhs (Margin Money Amount) forthe year 2011-12, Banks at the end of the quarter under review extended finance to2453 beneficiaries with Margin Money amount of Rs.8674.02 lakhs (Total Project costRs.29493.28 lakhs). Thus, the target of Margin Money amount achieved by 341.23%and physical target by 135.08%.
1618 loan applications remained pending as at the end of December, 2011.
KVIC is also requested to ensure release of subsidy in all the sanctioned cases.
SWARNA JAYANTI SHAHERI ROJGAAR YOJANA (SJSRY) :
Out of 15,903 applications sponsored to Banks, 872 applications were sanctioned withan amount of Rs.543.62 lakhs. There were 11,212 loan applications pending at the ofDecember, 2011.
Member Banks are requested to dispose off these app lications at the earliest.
STATE GOVT. SPONSORED PROGRAMMES
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Comparative performance under State Govt. Sponsored Programmes
6.6770.7050.3925.4456.87December, 20113.2052.2455.6238.9870.99December, 2010
JGVYGWEDCDCWDGSCDCVBSPeriod% Achievement during the quarter
(Rs. Lakhs)
6.6770.7050.3925.4456.87% achievement4824737809446519,460Pending (No)214353672120614350Retd./Rejtd. (No)
94.52221.521749.94774.9715,527.02Sanctioned (Amt)107075039254420,587Sanctioned (No)79361516,520821554,397Sponsored (No)
150100010,00010,00036,200NumberJGVYGWEDCDCWDGSCDCVBS (DIC)Target (2011-12)
BANKABLE SCHEMESPARTICULARS
VAJPAYEE BANKABLE SCHEME (VBS) :
The achievement of the target stood at 56.87% for the quarter ended December, 2011against the 70.99% achievement for the corresponding period of the previous year.
Out of the total sanction of 20,587 applications (Rs. 155.27 crores), 2991 applications(Rs.17.40 crores) sanctioned to S.T. beneficiaries, 3308 applications (Rs.19.90 crores)to S.C. beneficiaries. However, 19,460 applications were reported pending at the endof the December, 2011 quarter required to be disposed off expeditiously by the banks.
GUJARAT SCHEDULED CASTES DEVELOPMENT CORPORATION (GSCDC) :
The achievement of target in terms of cases sanctioned stood at 25.44% upto thequarter ended December, 2011 as against 38.98% for the corresponding period of theprevious year. The performance in the districts other than Ahmedabad (Urban), Amreli,Banaskantha, Narmada, Porbandar, Surendranagar and Vadodara need to be reviewedcritically.
Member Banks are also requested to accord priority to dispose off pending 4465 loanapplications at the earliest, since financing the loan applications sponsored by GSCDCforms a part of Weaker Section advances. The performance under Weaker Sectionfinance is below the stipulated benchmark in Gujarat State and, therefore, financing toSC beneficiaries will help in improving the same.
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BANKABLE SCHEME OF DEVELOPING CASTES WELFARE DEPART MENT(DCWD) The achievement stood at 50.39% of the target as against 55.62% during thecorresponding period of the previous year. The performance in Amreli, Bharuch,Bhavnagar, Gandhinagar, Kutch, Narmada, Surat, Vadodara, Dahod, Mehsana,Porbandar and Surendranagar was below the average performance of the State as awhole. Lead District Managers are requested to take-up the matter in DLCC / BLBCmeetings with the Banks' branches to improve upon their performance in the financialyear 2011-12. Banks are requested to ensure that 7809 pending app lications are disposed offby their branches on merits at the earliest.
GUJARAT WOMEN ECONOMIC DEVELOPMENT CORPORATION (GWEDC) :
The achievement was 70.70% of the target as against 52.24% for the correspondingperiod of the previous year. The performance in Amreli, Anand, Bharuch,Bhavnagar, Junagadh, Kheda, Narmada, Porbandar and Valsad found very poor.
The Lead District Managers are requested to critically review the performance underthe said Scheme at BLBC and DLCC meetings so that in coming quarters the same canbe improved and targets allotted may be achieved by the end of the year.
Banks are requested to ensure that 2473 pending app lications are disposed offby their branches on merits at the earliest.
JYOTI GRAM VIKAS YOJANA (MARGIN MONEY SCHEME) - JGVY:
Out of total 79 applications shown as sponsored upto the quarter ended December,2011, of which only 10 application have been sanctioned. The sponsoring agency aswell as Member Banks need to find out the ways to improve the performance so as toreach the given target in the remaining period of the year.
AGENDA No.8
FINANCING UNDER OTHER PROGRAMMES / SCHEMES
(i) FINANCING TO MINORITY COMMUNITIES & WOMEN ENTREP RENEURS
The summary of the position of fresh loans disbursed during the quarter under reviewand the outstanding as of December, 2011 to Minority Communities & WomenEntrepreneurs by banks are given in following table, while the bankwise details havebeen given in ANNEXURE- 14 & 15.
MINORITY COMMUNITIES : (Rs. in crores)
285.9510,623952.7348,120145.9311,006DisbursementAmt.A/csAmt.A/csAmt.A/cs
December, 2011March, 2011*December, 2010Particulars
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2909.472,28,2252494.852,07,3652072.862,03,536Outstandingof Fresh loans
* Whole year figures
Fresh loans of Rs.285.95 crores were disbursed by the banks to 10,623 beneficiariesbelonging to Minority Communities during the quarter ended December, 2011. Theoutstanding reached the level of Rs. 2909.47 crores in 2,28,225 accounts as ofDecember, 2011.
The share of advances to Minority Community to Priority Sector Advances stood at3.74% as at the end of quarter ended December, 2011 which was 3.49% for the yearended March, 2011. Y-o-Y growth in outstanding is Rs.836.61 crores i.e. 40.36%.
Member Banks are requested to step up finance to Mi nority Community so as toreach the benchmark of 15% of Priority Sector advan ces.
WOMEN ENTREPRENEURS(Rs. in crores)
7602.165,60,6967249.485,22,5186884.745,32,134Outstanding
357.4420,5362305.531,47,123338.2716,530Disbursementof Fresh loans
Amt.A/csAmt.A/csAmt.A/csDecember, 2011March, 2011*December, 2010Particulars
* Whole year figures
In case of Women Entrepreneurs, the fresh credit to the tune of Rs.357.44 crores to20,536 beneficiaries in the State during the quarter ended December, 2011. Theoutstanding advances reached the level of Rs.7602.16 crores in 5,60,696 accounts andstood at 3.61% as against target of 5% of Net Bank Credit, which was 3.87% as of31.03.2011. Y-o-Y growth in outstanding credit to Women beneficiaries is Rs.712.42crores i.e.10.42%.
Member Banks are requested to boost up the financin g to the WomenEntrepreneurs in order to reach this stipulation.
(ii) Self Help Groups (SHGs) :
(a) As per the information received from Member Banks, upto December, 2011, total2,10,504 SHGs have been formed, of which 1,63,437 i.e. 77.64 % have beenpromoted exclusively for Women in the State. Out of 2,10,504 SHGs, 1,02,088SHGs have been linked with Bank finance with an outstanding of Rs.590.46crores. SHGs are having a total membership of 23,93,840 of which womenwere 18,70,680 i.e. 78.15%. The bankwise details are as ANNEXURE- 16.
(b) Districtwise information on Sakhi Mandals
The districtwise details of Sakhi Mandals as of January, 2012 provided byGujarat Livelihood Promotion Co. (GLPC) Ltd., are as ANNEXURE- 16 (A) .
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SUMMARY OF DISTRICTWISE SAKHI MANDALS(Rs. in lakhs )
63,175.001,01,651.131,60,9051,78,44630,101.622,01,012Amt.No.Amt.No.
Average amt. perSakhi Mandal
No. of Sakhi Mandalscredit linked
No. of SakhiMandals
graded
No. of Sakhi Mandals withBank’s savings
It may be mentioned that MoU signed during Global I nvestment Summit, 2011 bySLBC with the State Govt., for providing credit li nkage of Rs.1000/- within aperiod of one year has been achieved.
(iii) REVIEW OF PROGRESS UNDER DIRECT HOUSING FINANCE & GJRHF Director Housing Finance
(Rs. in crores)
15,808.742,78,22412,352,082,37,03313,898.202,72,206Outstanding
1186.5718,4125300.2851,0301510.0514,012Disbursementof Fresh loans
Amt.A/csAmt.A/csAmt.A/csDecember, 2011March, 2011*December, 2010Particulars
* Whole year figures
As per the information made available by the member banks, fresh loans worthRs.1186.57 crores have been granted to 18,412 beneficiaries during the quarter endedDecember, 2011 under Direct Housing Finance.
The outstanding level reached to Rs.15,808.74 crores in 2,78,224 accounts as ofDecember, 2011. Y-o-Y growth in outstanding housing finance is Rs.1910.54 crores i.e.13.75%. Bankwise details are given in ANNEXURE - 17.
Golden Jubilee Rural Housing Finance (Rs. in crores)
379.32 14,189 449.73 15,078485.3616,159Outstanding
22.89542109.31133133.131125Disbursementof Fresh loans
Amt.A/csAmt.A/csAmt.A/csDecember, 2011March, 2011*December, 2010Particulars
* Whole year figures
Under Golden Jubilee Rural Housing Finance (GJRHF) Scheme, during the quarterended December, 2011, fresh loans worth Rs.22.89 crores have been granted to 542beneficiaries and the outstanding level reached at Rs.379.32 crores in 14,189 accountsas of December, 2011. Bankwise details are given in ANNEXURE - 18.
(iv) REVIEW OF PROGRESS UNDER EDUCATION LOAN : (Rs. in crores)
Amt.A/csAmt.A/csAmt.A/csDecember, 2011March, 2011*December, 2010Particulars
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1292.29 48,478 1265.43 47,7301265.8648,297Outstanding
85.132768312.9610,64258.512357Disbursementof Fresh loans
* Whole year figures
During the quarter, the Banks have disbursed Education loans to 2768 students to thetune of Rs. 85.13 crores. The outstanding under Education loans reached toRs.1292.29 crores in 48,478 accounts as of December, 2011. Y-o-Y growth inoutstanding education loans is Rs.26.43 crores i.e. 2.09%. Bankwise details are givenin ANNEXURE - 19.
(v - a) KISAN CREDIT CARD (KCC) :
The number of outstanding KCCs in the State has increased from 25,27,514 as ofMarch, 2011 to 27,65,190 as of December, 2011 against total land holdings of about42.39 lakhs in the State, showing net increase of 2,37,676 KCCs upto the quarterended December, 2011.
The categorywise coverage of Farmers to total KCCs outstanding upto the quarterended December, 2011 is as under :
2.81 77,777Minority Community Farmers11.303,12,348OBC Farmers6.881,90,346ST Farmers3.711,02,451SC Farmers49.2813,62,668Small & Marginal Farmers
% to total KCCsissued
No. of KCCsoutstanding
Category
Bankwise details regarding issuance of KCCs are given in ANNEXURE - 20.
(v - b) Progress under formation of Joint Liability Groups (JLGs) & its creditlinkage
The progress under formation of JLGs and its credit linkage received from MemberBanks for the quarter ended December, 2011, out of 24 Banks, only 7 Banks (Bank ofBaroda, Dena Bank, Union Bank of India, DCCBs and 3 RRBs) have initiated to formJLGs and so far 1592 JLGs have been formed under Farm Sector , of which 1105 JLGscredit linked to the tune of Rs.625.45 lakhs. 583 JLGs have been formed underNon-Farm Sector and provided credit linkage to 553 JLGs with an amount of Rs.303.94lakhs.
All Member banks are requested to explore all possibilities to form JLGs and providecredit linkages which may boost up weaker section advances.
The Bankwise progress is given in ANNEXURE - 20-A.
(vi) SWAROJGAR CREDIT CARD (SCC) :
Banks have issued 1420 SCCs to the tune of Rs.7.97 crores during the quarter. In all,12,900 SCCs have been issued and the amount outstanding is Rs.33.63 crores.
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DCCBs has issued the highest number of SCCs i.e. 4766, followed by BGGB Bankwisedetails are given in ANNEXURE - 21.
(vii) ARTISAN CREDIT CARD (ACC) :
During the quarter, 385 ACCs were issued by Banks amounting to Rs.295 lakhs. Thus,upto the end of December, 2011, the outstanding ACCs were 4154 amounting to Rs.6681.00 lakhs. Bankwise details are given in ANNEXURE - 22.
(viii) REVIEW OF FLOW OF CREDIT TO SSI SECTOR AND CR EDIT LINKEDCAPITAL SUBSIDY SCHEME FOR TECHNOLOGY UPGRADATION O F SSI(CLCSSTU) :
SSI advances stood at Rs.30326.01 crores at the quarter ended December, 2011.During the quarter under review, banks have disbursed Rs.93.33 crores to 247 unitsunder CLCSSTU taking the outstanding level to Rs.999.30 crores in 3435 accounts.Bankwise details are given in ANNEXURE - 23.
(ix) ADVANCES TO SC & ST BENEFICIARIES :
The outstanding advances to SC beneficiaries as of December, 2011 was Rs.1485.43crores in 1,79,574 accounts, forming 10.74% of Weaker Section advances, which was9.31% as of March, 2011.
Similarly, the outstanding advances to ST beneficiaries as of December, 2011 wasRs.1649.56 crores in 2,03,800 accounts, forming 11.93% of Weaker Section advances,which was 12.67% as of March, 2011. Bankwise and Districtwise details as ofDecember, 2011 are given in ANNEXURE - 2 &3.
(X) Progress under "No Frills Accounts" with overdraft facility andissuance of General Purpose Credit Cards (GCC)
As per the information received from Member Banks, 1,14,731 "No Frills A/cs" havebeen opened during the quarter ended December, 2011. Banks have providedoverdraft facility to 3,20,754 a/cs amounting to Rs.10.60.crores. Total number of "NoFrills Accounts" reached 24,49,534 as of December, 2011 with an amount of Rs.245.44crores in these accounts.
During the quarter, 3091 GCCs amounting to Rs.280.38 lakhs have been issued byMember Banks. The cumulative position as of December, 2011 reached 44,730 GCCsamounting to Rs.43.88 crores.
The bankwise progress as of December, 2011 is given as ANNEXURE - 25 & 25(A).
(xi) Progress under Finance extended to Farmers unde r "Debt SwapScheme" as of December, 2011
During the quarter under review, the Banks have disbursed loans amounting to Rs.9.92crores to 1559 farmer beneficiaries under Debt Swap Scheme. The cumulative
36
disbursement comes to Rs.168.04 crores to 48,255 farmer beneficiaries. Bankwisedetails are given in ANNEXURE - 26.
(xii) Progress under Finance extended to Farmers und er "AgricultureDebt Waiver & Debt Relief Scheme, 2008" as of Decem ber , 2011
During the quarter under review, the Banks have disbursed loans amounting to Rs.9.33crores to 5877 farmers, who have been extended debt waiver / relief benefit underADW & DR Scheme, 2008. The cumulative disbursements under the scheme comes toRs.463.82 crores to 89,451 farmers. Bankwise details are given in ANNEXURE -27.
(xiii) Progress under "Artificial Recharge of Ground water throughDugwells" Scheme as of 31.01.2012
As per the progress report upto the month ended January, 2012 submitted by theGujarat State Water Management Agency (GSWMA) at Commissionerate of RuralDevelopment, Govt. of Gujarat, there are 2,23,116 farmer beneficiaries identified(eligible) under the scheme, of which 1,81,376 beneficiaries have opened their SavingsBank Account. Nodal departments have forwarded the applications of 1,71,638beneficiaries to NABARD and NABARD has released subsidy in 1,56,009 cases.Subsidy has been credited in 1,28,078 accounts and 8974 dugwell recharge structureshave been completed. The Districtwise details are given in ANNEXURE - 28.
(xiv) Reverse Mortgage Loan (RML) Scheme
The RML Scheme has been notified by Govt. of India on 30.09.2008. Ministry ofFinance, Department of Financial Services, Govt. of India has advised to monitor theperformance under the scheme on quarterly basis.
During the quarter, banks have disbursed Rs.1.41 crores in 14 accounts and totaloutstanding loan amount stood at Rs.103.34 crores in 681 accounts as of December,2011. This scheme is not implemented by all the Banks. Bankwise details are given inANNEXURE - 29.
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