AGENDA: 1
130th SLBC
CONFIRMATION OF THE MINUTES OF THE EARLIER MEETING
The minutes of the 129th State Level Bankers’ Committee Meeting convened on
19.03.2012 (already circulated vide SLBC letter dated 26.04.2012) may be
confirmed.
AGENDA No: 2
New Issues
1. Setting up of Rural Self-Employment Training Institutes (RSETIs)
All the Four Banks having Lead District responsibilities have since opened
RSETIs in the lead districts allotted to them (Total 31 RSETIs).
In addition to the 12 Lead districts allotted, IOB has recently opened a RSETI
(13th) at Kothagiri in Nilgiris District to impart skill training to Tribal People of
the Nilgiris District.
Performance of the RSETIs during 2011-12:
Sl
No
Total Number
of RSETI
No of training
programme
conducted during
2011-12
No of
persons
trained
No of persons
secured
employment/self
employment
1
31
311
9276
5663
1
130th SLBC
New Issues
2. Financial Inclusion & Green Initiatives - Electronic transfer of benefit
payments
Banks have already opened a large number of no-frills accounts for reaching out
to the door steps of the people in villages having population of over 2000. The
State Government already commenced disbursement of Old Age Pension through
Banks from September, 2011 on a pilot basis in one taluk each in three Districts
viz. Trichy, Cuddalore and Kanyakumari. Now, it has been decided to expand the
scheme to all the villages with a population of 2000 or more identified under the
Financial Inclusion Plan in the State which is scheduled to be completed before
June, 2012.
The payment of grants / subsidies is routed through banks accounts in the
following schemes also:
1. Dr. Muthulakshmi Maternity benefit scheme
2. Lean period assistance for coastal fisherman
The State Government is also contemplating to launch a pilot project of
electronic payment of NREGA payments in 2 Districts in Tamil Nadu initially.
B)
RBI, Chennai vide letter dated 17.12.2009 has called for statistical data
(in a prescribed format) on ICT based Financial Inclusion from member Banks in
Tamil Nadu. SLBC is collecting, compiling and submitting to RBI. Member Banks
are requested to furnish the data on time to SLBC.
C) The progress made by the Member Banks under Financial Inclusion as of
March 2012 is furnished in the Annexure.
2
S.No
Progress under Financial Inclusion by Banks - Cumulative position
As of March 2012
Overdraft
General
'No-Frills’
granted in
Smart Cards
Purpose
Name of the Bank
a/c opened
No-Frills SB
issued
Credit Cards
(Nos)
a/c
(Nos.)
issued (Nos)
(Nos)
1
Allahabad Bank
12128
0
2
Andhra Bank
3948
4
3
Axis Bank Ltd.
23637
0
4
Bank of Baroda
52124
125
5
Bank of India
190452
2451
11445
6
Bank of Maharashtra
1314
0
295
7
Canara Bank
326118
60353
732
53383
8
Central Bank of India
55879
5124
73
22520
9
84226
4991
186
10
Corporation Bank
Catholic Syrian Bank
Ltd.
1954
2
11
City Union Bank Ltd.
65506
12
Dena Bank
23914
13
Dhanalakshmi Bank Ltd.
16841
14
Federal Bank Ltd.
7785
5
0
15
HDFC Bank Ltd.
97204
2663
255
16
ICICI Bank Ltd.
135122
33
17
Indian Bank
1997930
3084
18144
416299
18
Indian Overseas Bank
1880008
4732
1647
127793
19
Indus Ind Bank Ltd.
15218
0
20
IDBI Bank
19802
1
21
ING Vysya Bank Ltd.
Jammu & Kashmir Bank
Ltd.
453
0
22
2
3
13
324
5412
8065
7729
20
16841
8
S.No
Name of the Bank
Overdraft
granted in
No-Frills
SB a/c
(Nos)
'No-Frills’
a/c opened
(Nos)
General
Purpose
Credit Cards
issued (Nos)
42763
0
0
3
23
Karur Vysya Bank Ltd.
24
Karnataka Bank Ltd.
14561
0
25
Kotak Mahindra Bank Ltd.
7702
0
26
Lakshmi Vilas Bank Ltd.
27
Oriental Bank of Commerce
28
Smart
Cards
issued
(Nos.)
28513
3659
2930
1160
1
Pallavan Grama Bank
236006
491
29
Pandyan Grama Bank
528314
350
30
Punjab National Bank
85371
1251
0
1951
31
Punjab & Sind Bank
32
South Indian Bank Ltd.
71461
643
1
1903
33
827701
92
23824
13652
34
State Bank of India
State Bank of Bikaner &
Jaipur
35
State Bank of Mysore
3485
126
17
36
State Bank of Patiala
718
11
1
37
State Bank of Travancore
81881
1070
38
56037
2792
130979
489
1693
40
Syndicate Bank
Tamil Nadu Mercantile
Bank Ltd.
Tamil Nadu State Apex
Co.op Bank
41
Union Bank of India
142817
675
48438
42
United Bank of India
43
UCO Bank
83534
4
5
5210
44
Vijaya Bank
15784
406
161
0
7411713
91989
65396
745485
39
Total
8732
384
5883
1519
2074
109
1161
36847
921
4
130th SLBC
New Issues
3. Sanction of Revolving Fund to SHGs comprising Sri Lankan Tamil
Refugees
Reserve Bank of India in their letter addressed to TNCDW has advised that
sanction of Revolving Fund to SHGs comprising of Sri Lankan Tamil Refugees can
be treated at par with other SHGs and disbursement of revolving fund and
granting of banks loans to such SHGs is a normal credit decision, which the
sanctioning authority can take along with usual KYC norms.
A copy the letter dated 02.05.2012 from Reserve Bank of India and letter
dated 21.05.2012 received from Tamil Nadu Corporation for Development of
Women Ltd are given as an annexure for adoption.
5
PLEASE REFER SCANNED IMAGE NO.1
6
PLEASE REFER SCANNED IMAGE NO.1
7
130th SLBC
New Issues
4. Setting up of Financial Literacy & Credit Counselling Centres (FLCCC)
In order to provide free financial literacy /education and credit counselling,
RBI had advised Banks to set up FLCCC. The High Level Committee set up by
RBI had also reiterated the necessity to cover initiatives under financial
literacy and credit counselling while broad basing the Lead Bank scheme. On the
basis of the above recommendation, RBI advised Lead Banks to open a Financial
Literacy and Credit Counselling Centre (FLCCC) in every district where they
have lead responsibility.
Three Lead banks namely IOB, Indian Bank and Canara Bank have completed
establishment of FLCCCs in their lead districts (29 districts) well ahead.
State Bank of India is the only lead Bank which has not set up any FLCCC
in Tamil Nadu (Ariyalur & Thoothukudi districts). State Bank of India is
advised to take steps for establishing FLCCCs in their lead districts as per RBI
guidelines at least by 30-06-2012.
8
130th SLBC
New Issues
5. Extension of Swabhiman – providing banking services in remaining villages
of Tamil Nadu
A) Directions from Ministry of Finance, GOI
Ministry of Finance, Government of India, have advised the revised guidelines on
financial inclusion - “Extension of Swabhiman” for providing banking services in
every village having population of over 1600 by March, 2013. The copy of the
MOF letter is enclosed as an annexure.
On the basis of the above guidelines the revised list of villages identified and
allotted to various banks stands at 1676 (villages with population over 1600 to
2000) as per 2001 census. Numbers of Villages allotted to various Banks in
Tamilnadu are furnished in the annexure. The list is also displayed in SLBC
website (www.slbctn.com).
B) Directions from Govt of Tamil Nadu
The Chief Minister of Tamil Nadu has advised the banks operating in Tamil Nadu
to provide banking outlets in all villages in Tamil Nadu at the earliest. Although
she has not given a timeline for such coverage; it has to be done expeditiously
as the e-payment requirement for the central scheme and state government
scheme will necessitate 100% coverage of villages. SLBC had convened a meeting
of participating banks on 11.05.2012 for discussing this matter. All banks
accepted the views of the Chief Minister. Our CMD had also addressed personal
letter to his counterparts in other banks who have responded conveying their
willingness.
The total remaining villages to be covered (population within 1600) is about
6500. SLBC has advised all DCC Convenors and LDMs to identify the villages and
allot to different banks. Now SLBC may decide a date for its implementation.
Member banks are requested to cover all the villages allotted to them before
December, 2012.
C) The member banks are requested to commence/continue the process of
providing banking outlets in their allotted villages and also requested to submit
the monthly progress report (SW3- format enclosed) by the 5th of the
succeeding month i.e. beginning from 5th June, 2012 onwards.
9
F.No.3/5/2012-FI(C 52937)
Government of India
Ministry of Finance
Department of Financial Services
Jeevan Deep Building, Sansad Marg,
New Delhi, dated the 18th May, 2012
To
All SLBC Conveners.
Sub:
Extension of “Swabhimaan”.
Sir,
I am directed to refer to this Department’s earlier communications
regarding provision of banking facilities to rural habitations. The instructions are
now being consolidated here for convenience and facilitating implementation.
2.
In terms of para 5.2(i) of the
Strategy and Guidelines on Financial
Inclusion issued in October, 2011, it was, inter-alia, advised that considering the
population distribution
in Chhattisgarh, Andaman & Nicobar, Daman & Diu,
Pudducherry and Lakshadweep, all villages of 1000 and above population must be
covered by September 2012. The SLBC conveners of these 5 States/UTs were
accordingly advised vide this Department’s letter F.No.21/1/2011-FI dated 17th
November, 2011 and progress is being sought on monthly basis.
3.
In terms of
para 45 of Budget Speech 2012-13 to extend the
“Swabhimaan” campaign to habitations with population of more than 1000 in
North Eastern and hilly States,
and to other habitations which have crossed
population of 2,000” suitable instructions have already been issued to concerned
SLBC Conveners of 8 States of North East Region and 3 hilly States viz. Jammu &
Kashmir, Himachal Pradesh, and Uttarakhand, vide letter of even number dated 1 st
May, 2012 to provide banking facilities in these States by March, 2013.
4.
As regards extending “Swabhimaan” to other habitations which have
crossed population of 2000 as per Census 2011, it has been observed that as the
Census Data 2011 is not yet finalized, and as per the office of the Registrar General
of India, the information regarding list of villages which have crossed population of
2000 in Census 2011 could be provided only after some time, it has been decided
10
that all villages of 1600 to 2000 population (as per 2001 census) be covered
under “Swabhimaan”, the financial inclusion campaign, as these are likely to have
crossed the population of 2000 by 2011.
5.
All SLBC Conveners are, therefore, requested to take immediate necessary action in
regard to para 4 above, viz. Identify all the villages with population of 1600-2000 (2001
census), and allocate these villages among banks for provision of banking facilities under
“Swabhimaan” by March, 2013. The State-wise information of identification and allocation of
villages among banks must reach this office by 31st May, 2012 and instructions be issued
to all concerned banks accordingly.
6.
For sake of convenience, the aforesaid instructions have been segregated into three
categories viz. A, B and C and tabulated in Annexure I attached to this letter. The progress
on monthly basis be sent to this Department in the enclosed formats SW1, SW2 and SW3 by
the respective SLBC Conveners.
While SW3 Statement is applicable to all SLBC
Conveners, SW1 is applicable to SLBC Conveners of 5 States/UTs
and SW2 Statement
applicable to SLBC Conveners of 11 States/UTs, mentioned in Annexure I. Thus, SLBC
Conveners of the 5 Category A States/UTs will be furnishing the progress in two formats viz.
SW1 and SW3, those of the 11 Category B States/UTs will be furnishing the progress in two
formats viz. SW2 and SW3, while the remaining SLBC Conveners of 19 States/UTs will
furnish the progress in only one format viz. SW3.
7.
All SLBC Conveners are, therefore, requested to send the progress on monthly
basis by the 10th of the succeeding month i.e. beginning from 10th June, 2012
onwards.
Yours faithfully,
(Jitendar Kumar Mehan)
Under Secretary to the Government of India
Tel: 23748767/71
Fax: 23742207/ 23747008
Emal: fi-dfs@nic.in
Copy forwarded to: CEOs of all PSBs for further necessary action in consultation with SLBC
Conveners.
11
STATE LEVEL BANKERS' COMMITTEE, TAMIL NADU
CONVENOR: INDIAN OVERSEAS BANK
EXTENSION OF “SWABHIMAAN”
PROVIDING BANKING SERVICES IN VILLAGE HAVING
POPULATION OF OVER 1600 TO 2000
BANKWISE ALLOCATION OF VILLAGES – 12.06.2012
S.No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Name of the Bank
Allahabad Bank
Andhra Bank
Axis Bank
Bank of Baroda
Bank of India
Canara Bank
Catholic Syrian Bank Ltd.
Central Bank of India
City Union Bank Ltd.
Corporation Bank
Dena Bank
Dhanalakshmi Bank Ltd.
Federal Bank Ltd.
HDFC Bank Ltd.
ICICI Bank
Indian Bank
Indian Overseas Bank
ING Vysya Bank Ltd.
Karur Vysya Bank Ltd.
Lakshmi Vilas Bank Ltd.
Oriental Bank of Commerce
Pallavan Grama Bank
Pandyan Grama Bank
Punjab National Bank
South Indian Bank Ltd.
State Bank of India
State Bank of Mysore
State Bank of Travancore
Syndicate Bank
Tamilnad Mercantile Bank
UCO Bank
Union Bank of India
Vijaya Bank
No. of Villages
allocated
1
1
1
34
43
165
2
51
28
28
1
1
1
1
21
380
304
3
15
17
2
32
70
19
5
340
5
6
29
11
11
46
2
Total No of Villages
1676
12
STATE LEVEL BANKERS' COMMITTEE, TAMIL NADU
CONVENOR: INDIAN OVERSEAS BANK
EXTENSION OF “SWABHIMAAN”
PROVIDING BANKING SERVICES IN VILLAGE HAVING
POPULATION OF OVER 1600 TO 2000
DISTRICTWISE ALLOCATION OF VILLAGES – 12.06.2012
S.No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Name of the District
Ariyalur
Coimbatore
Cuddalore
Dharmapuri
Dindigul
Erode
Kancheepuram
Kanyakumari
Karur
Krishnagiri
Madurai
Nagapattinam
Namakkal
Nilgiris
Perambalur
Pudukottai
Ramanathapuram
Salem
Sivaganga
Thanjavur
Theni
Thiruvannamalai
Tiruchirapalli
Tirunelveli
Tiruppur
Tiruvallur
Tiruvarur
Tuticorin
Vellore
Villupuram
Virudhunagar
No. of Villages
allocated
42
34
103
30
27
32
49
4
13
105
62
66
25
9
11
65
68
30
51
112
7
115
30
38
26
104
91
44
84
141
58
Total No of Villages
1676
13
PLEASE REFER SCANNED IMAGE NO.2
14
130th SLBC
New Issues
6. Common Request For Proposal (RFP) for selection of BC services:
Ministry of Finance, Government of India, have directed that Banks
should engage one Business Correspondent through a common RFP for a
cluster of villages, each cluster comprising of about 5000 villages. This
BC will be normally a corporate entity who in turn will engage individual
BCAs (Business Correspondent Agents) in villages. A common Request for
Proposal (RFP) for engagement of Business Correspondents should be
floated for each geographical cluster in the country.
For this purpose, all BC locations in the country are divided into 20
clusters. For each cluster, a Leader Bank with the support of 4 other
leading Banks in the cluster; will prepare the RFP. Indian Overseas Bank,
has been nominated as Leader Bank for floating RFP for the cluster
consisting of Tamil Nadu, Kerala and Puducherry.
Dates of floating RFP, opening of bids and reverse auction were specified
by the MOF for every cluster. Accordingly, the common RFP was floated
on 07.05.2012 by Indian Overseas Bank on behalf of the cluster
consisting of Tamil Nadu, Kerala and Puducherry. The Common RFP is
displayed on Bank’s website (www.iob.in).
15
130th SLBC
New Issues
7. Capturing of data entry module for Geographical Information
System (GIS) for Financial Inclusion through Web site of DFS, MOF,
Government of India
Ministry of Finance, Government of India, have directed the Public
Sector Banks to identify geographical location and enter data for every
bank branch, ATM, Business Correspondent, Clearing House and Currency
Chest in the Districts where they have Lead Bank responsibility.
The URL (Uniform Resource Locator) for the application is
http://financialservices.gov.in/gis/default.aspx.
List of user ids /
passwords for PSBs and the State/Districts where these banks are lead
banks along with a write up containing the process flow for entering the
data by the DLCC convenor Bank was furnished to all Banks.
Salient features of GIS for Financial Inclusion:
1) A web based application is accessible through a hyper link on website
of Department of Financial Services (http://financialservices.gov.in).
2) Public Sector Banks (PSB) are provided with the Login ID and
Password.
3) Each Bank is required to enter the data in respect of the district(s)
for which it is the Lead Bank.
4) The guidelines required for user-ids and passwords were provided to
respective Banks directly.
A live demonstration of the data entry was done by SLBC for the benefit
of all the LDMs of the State during the LDMs’ conference held on
11.04.2012.
All member banks are requested to issue direction to the respective
district coordinator of the bank to provide the necessary data such as
bank branch, ATM, Business Correspondent, Clearing House and Currency
Chest in the Districts to the Lead District manager. LDMs are also
advised to ensure completion of uploading the data in the MOF website
immediately.
16
130th SLBC
New Issues
8.
Strategy
and
Guidelines
on
Financial
Inclusion-
Opening
of
Branches by Banks:
Ministry of Finance, Government of India vide their letter dated
21.10.2011 advised that in the under banked districts, all villages with
population of 5000 and above should have a bank branch by September
2012. List of such underbanked districts was given by MOF, which
includes 13 districts of Tamil Nadu.
Now, Ministry of Finance, Government of India vide their letter dated
16.05.2012, have advised the revised guidelines as follows:
Banks can start with Ultra Small Branch in these villages where opening
of a regular brick & mortar branch is not considered viable at present and
then convert it into a full-fledged branch when the branch reaches the
desired level of business.
In other districts, the banks must try to open as many brick and mortar
branches as possible in their service areas, in habitations having
population of 10,000 and above by September 2012.
SLBC vide letter dated 18.05.2012 advised the member banks to take
note of the changes in the guidelines and initiate necessary steps to open
Ultra Small Branches / Brick and Mortar branches as the case may be in
their service area by September, 2012. Member banks are advised to
submit the monthly progress report to SLBC.
LDMs of respective districts are requested to monitor this and keep
SLBC informed.
17
List of Under banked Districts in Tamil Nadu
(based on 2001 Population census)
(As per RBI Notification No.RBI/2011-12/100
DBOD.No.BL.BC.33/22.01.001 /2011- dated 12 July 1, 2011,
Annexure-IV)
TAMIL NADU
1. CUDDALORE
2. DHARMAPURI
3. KANCHEEPURAM
4. NAGAPATTINAM
5. PERAMBALUR
6. PUDUKKOTTAI
7. RAMANATHAPURAM
8. SALEM
9. THIRUVALLUR
10. THIRUVARUR
11. TIRUVANNAMALAI
12. VELLORE
13. VILLUPURAM
18
130th SLBC
New Issues
9. Financial Inclusion – Drive to open Bank Accounts for Migrant
labourers, Street Vendors / Hawkers in Urban Areas
Ministry of Finance, Government of India advised Banks to initiate a
special drive to open accounts of migrant labour and street vendors /
hawkers in Urban Areas in order to inculcate saving habits and to extend
banking facilities to them.
The Government desires that to begin with, accounts of all migrant labour
and street vendors / hawkers who are working within 500 metres of the
bank branches in Urban and Metro areas should be opened. The
Government also directed that, the marketing staff of branches should
contact personally all street vendors / hawkers who are working within
500 meters of the branch to open their accounts. Thereafter the process
should be extended to beyond 500 meters to get all such persons
financially included.
All banks are requested to issue directions to all the branches in Tamil
Nadu State to launch special campaigns in all the urban centers.
Copy of the letter dated 26.04.2012 from Ministry of Finance is enclosed
as an annexure.
19
PLEASE REFER SCANNED IMAGE NO. 3
20
130th SLBC
New Issues
10. Launch of campaign to ensure at least one Bank Account for each
family in FI Villages
Ministry of finance, Government of India advised to launch a campaign to
ensure that each family living in the FI villages has a bank account to
facilitate electronic benefit transfer of subsidies under the 32 schemes
of Govt. of India. For such electronic transfer of subsides, it is important
that the beneficiaries have accounts with the service area banks in tune
with the guidelines of the Reserve Bank of India on “ One District- Many
Banks-One Leader Bank” Model .
All the member banks are advised to comply with the above guidelines and
ensure opening of new account and changes in the existing account by end
of June, 2012.
Copy of the letter on the above subject received from Ministry of
Finance dated 15.05.2012 is enclosed.
21
F.No.8/11/2011-FI
Government of India
Ministry of Finance
Department of Financial Services
******
3rd Floor, Jeevan Deep Building,
New Delhi, dated the 15th May, 2012
To
All CMDs of PSBs
Chairmen, RRBs(through sponsor banks)
Sub:
Launch of campaign to ensure at least one bank Account for each
family in FI Villages – regarding -
Sir,
Attention of all the Banks is invited to para 7 of the Master Circular on
Strategy and Guidelines on Financial Inclusion (issued on 4th April, 2012)
relating to Electronic Benefit Transfer wherein Convener Banks of SLBC have
been advised to take up the matter of electronic transfer of subsidies under
the 32 Schemes of Govt. of India in which benefits are to be given directly
into the accounts of the beneficiaries who can then withdraw it from the
bank branch or the ATM or the micro ATM. For such electronic transfer of
subsidies, it is important that the beneficiaries have an account in the service
area bank in tune with the guidelines of the Reserve Bank of India on “One
District – Many Banks – One Leader Bank” model.
2.
In view of the above, it has been decided by this Department that :I.
Each bank will launch a campaign to ensure that each family
living in the service area of a branch having rural villages attached
to it has an account with the branch. If the family already has an
account, no new account need to be opened.
II.
In cases where the family already has more than one account in
the name of its member(s), they may be encouraged to combine
these into a Joint Family Account. However, in case the family
wishes to continue with the separate account(s), they should be
allowed to maintain such account(s).
22
III.
There are no requirements of Government of India to open
separate account for each benefit, hence, no account be
opened of the family scheme-wise.
IV.
For this purpose, the last electoral roll of each village may be
obtained and they may be assigned to respective BCA for the subservice area assigned to them and where there is no BCA to any
other staff of nearby branch for opening of bank account.
V.
Wherever the account holder has obtained an Aadhaar number,
the same should also be obtained at the time of opening of
account and included in the account details.
VI.
During the campaign, people may be motivated to get their
account opened in banks considering that banks are already on
the Core Banking Solution and electronic transfer of subsidies to
the account of the beneficiary and its withdrawal through the
huge network of branches/ATM/micro ATMs will be convenient.
3.
It needs to be ensured that opening of new account and changes in
the existing account is completed by June, 2012.
4.
In the light of the above, you are requested to take further necessary
action as per para-2 above and intimate this Department of the action being
taken in the matter.
Yours faithfully,
(Jitendar Kumar Mehan)
Under Secretary to the Government of India
Telephone No.23748767
fi-dfs@nic.in
Copy for information/necessary action to:1.
2.
3.
4.
All Chief Secretaries of States/UTs
Chairman, NABARD
CGM, RPCD, RBI
All SLBC Conveners
23
130th SLBC
New Issues
11. Dairy Entrepreneurship Development Scheme (DEDS)
The Commissioner for Milk Production and Dairy Development, Tamil Nadu
has requested the bankers to sanction loans to the tune of Rs.150.30
crores under the above scheme for the year 2012-13.
The copy of the letter from The Commissioner for Milk Production and
Dairy Development, Tamil Nadu is enclosed as an annexure. The members
are advised to issue necessary instructions/guidelines to their branches
in the state immediately.
24
PLEASE REFER SCANNED IMAGE NO.4
25
PLEASE REFER SCANNED IMAGE NO.4
26
130th SLBC
New Issues
12. Government of India’s Revised KCC Scheme
Implementation of First Phase in Select 4 Districts
Reserve Bank of India has issued guidelines on the revised Kisan Credit
Card Scheme to all the Banks vide their letter dated 11.05.2012.
Ministry of Finance, Government of India advised that SLBC in each
State should select 2-4 districts, and every eligible household in such
select districts should be issued a KCC as per the new scheme before
June, 2012. This must be expanded to cover remaining districts by
September, 2012.
Accordingly SLBC in consultation with all the four lead banks in the State
selected the following 4 districts for the implementation of the revised
KCC scheme:
1)
2)
3)
4)
Kanyakumari
Salem
Theni
Ariyalur
- Lead Bank, Indian Overseas Bank
- Lead Bank, Indian Bank
- Lead Bank, Canara Bank
- lead Bank, State Bank of India
The member banks are requested to instruct all their branches and
Regional / Zonal Offices in the four districts to launch campaigns
immediately to cover all the eligible households in their service area
under KCC before June, 2012.
We also advise DCC Convenors and Lead District Managers of the above
four districts to convene special DCC meeting for this purpose and
monitor the progress with the banks in their district. The LDMs are
requested to submit a report to SLBC before 05.07.2012 in the following
format:
S.
Name of the
No. eligible
No. of households
% of
No
District
households covered under revised coverage
KCC scheme
Further, in view of revised KCC guidelines, NABARD has modified the
MIS (monthly as well as Quarterly) on KCC to be submitted by the banks
the same was circulated among the banks. The revised reporting system
is effective from 01.04.2012 and the banks are required to submit
monthly /quarterly statements to NABARD before 10th of the
succeeding month (in the case of monthly stt.) and before 10th of the
first month of next quarter (in the case of quarterly stt.).
27
F.No.3/27/2011-AC
Government of India
Ministry of Finance
Department of Financial Services
-------Jeevan Deep Building, Parliament street,
New Delhi, dated 30th May,2012
To,
The CMD’s/CEO’s of all Public Sector Banks.
Subject: Revised KCC scheme.
Sir,
I
am
directed
to
refer
to
the
Circular
No.
RPCD.FSD.BL.No.77/05/05/09/ 2011-12 dated 11th May, 2011 issued by RBI
to all the Scheduled Commercial Banks on the revised KCC scheme.
2.
All PSBs are advised to immediately take up the issuance of KCC as
per the new scheme. While adopting the revised KCC scheme, the banks may
consider the following:
i) The validity period of KCC may be kept at 5 years.
ii) For crop loans, no separate margin need be insisted as the margin is
inbuilt
while fixing the scales of finance.
iii) For term loan component the margin may be decided by the banks
keeping in view the guidelines of RBI issued from time to time.
iv) There should be no processing fee upto a card limit of Rs. 3 lakh.
v) Farmers may be provided with KCC Short-Term sub-limit cum SB
account so as to allow credit balance in KCC-cum-SB accounts to
fetch interest at savings bank rate. A separate account needs to be
maintained for the long term sub-limit. Where possible a common
debit card can be issued for both the accounts.
vi) Some banks require the farmers to produce copies of documents
related to land title at the stage of annual renewal of KCC even when
the land is already hypothecated to the bank by virtue of a charge
created against a previous loan. Since a charge in favour of the bank
has already been created, no change in the land ownership is
possible, and there should be no need of asking the farmer to
produce another copy of land title.
28
3.
It needs to be ensured that all new KCC accounts and those due for
annual renewal this year are issued KCC as per this scheme. SLBCs may
select a few districts,(say2-4) in every State where every eligible household
should be issued a KCC as per the new scheme by June, 2012. This must be
expanded to cover remaining districts latest by September, 2012.
4.
All the banks are requested to take a decision on the above mentioned
points immediately and circulate the revised KCC scheme to their branches
for implementation.
Yours faithfully
(M.S.Azad)
Under Secretary to Government of India
Tel:23748758
E-mail: acsec-bkg@nic.in
Copy for information to,
1. Chairman, NABARD,H.O. Mumbai.
2. CGM,RPCD,RBI,C.O., Mumbai.
3. Convenor Banks of SLBCs in all States/UTs
29
130th SLBC
New Issues
13. Credit Linked Capital Subsidy Scheme (CLCSS) of GOI:
The Ministry of Micro, Small & Medium Enterprises, Government of India
is providing subsidy under CLCSS for four categories of borrowers viz., 1)
General (Other than NER),
2) Scheduled Caste Sub-Plan (SCSP), 3)
Tribal Sub-Plan (TSP) and 4) North Eastern Region (NER).
Ministry of MSME observed that nodal agencies are demanding funds only
under the General Head and the progress of the scheme in respect of
other categories under SCSP, TSP has not been satisfactory.
The copy of the NABARD letter is enclosed as an annexure.
Member banks are requested to actively implement the above scheme.
Lead District Managers are also requested to discuss the above scheme in
DCC and monitor the progress in all four categories.
30
PLEASE REFER SCANNED IMAGE NO.5
31
130th SLBC
New Issues
14. Target for Farm Sector Lending in line with Hon’ble Union Finance
Minister’s Budget announcement – 2012-13- Tamil Nadu
NABARD vide their letter dated 01.06.2012 advised the sub targets
under farm sector for Tamil Nadu out of the total out lay of Rs.5,75,000
crores announced by Hon’ble Union Finance Minister during his budget
speech.
The agency wise break up of Target is under:
(Rs. In crore)
Agency
Crop Loan
Term Loan
Total
Co-operative Banks
3,300
900
4,200
Regional Rural banks
3,400
850
4,250
Commercial Banks
22,000
21,460
43,460
Total
28,700
23,210
51,910
As the district-wise farm sector budget under ACP aggregated to Rs
43,206.78 crores; SLBC had to increase it to Rs 51,910 crores on receipt
of communication from NABARD. Details are given in agenda 4A in
subsequent pages.
SLBC had already advised the revised targets to the DCC Convenors and
LDMs. The DCC Convenors and LDMs are requested to allocate the
revised targets to the member banks in the district and place the same in
the DCC meeting.
32
PLEASE REFER SCANNED IMAGE NO.6
33
130th SLBC
New Issues
15. Meetings of LDMs by various Departments of State Government:
It has been represented to SLBC by some LDMs that they are being
asked to attend separate meetings at Chennai by Departments of State
Government with short notice. They are not able to give feedback on
individual schemes without collecting information from member banks.
Thus these meetings do not serve any significant purpose.
SLBC suggests that matters relating to the State be brought to SLBC
for discussion and matters relating to districts be discussed in DCC
instead of convening separate meetings of LDMs and other officials.
SLBC and DCC are the available fora whose decisions will be more
effective and fruitful.
34
130th SLBC
New Issues
16. Revival, Reform and Restructuring Package for Handloom Sector
NABARD had advised the following on the captioned relief package:
The said package is announced by Government of India to promote the
weavers/handloom sector and the implementation process of the same
has already commenced from 2011-12. Government of Tamil Nadu has vide
their letter dated 19.01.2012 given letter of commitment conveying
willingness of the State Govt. towards implementation of the Handloom
package in Tamil Nadu.
Operational guidelines in respect of claims for interest subvention and
waiver of individual weaver loans have been issued to all banks vide our
letters dated 25 January 2012 and 17.02.2012.
Lending Institutions were expected to assess the claims in their branches
strictly in terms of the Govt. of India Scheme. Banks are requested to
submit their consolidated claims to NABARD/SLBC in the prescribed
format, duly certified by Statutory Auditor/Chartered Accountant, in
respect of loans eligible to be covered under the Scheme to place the
same before the State Implementation Monitoring and Review Committee
(SIMRC) for recommendation for sanction/release of the amount.
Member banks are advised to submit the consolidated claim to NABARD
at the earliest.
Government of India allocated a target of 20,000 Weavers Credit Cards
for Tamil Nadu. The districtwise allocation of the target is enclosed as
annexure.
35
TENTATIVE TARGETS FOR WCC TO BE ISSUED (DISTRICT WISE)
Sl NO
District Name
Total WCC Cards to be issued
(Tentative Target)
1
Kancheepuram
2
Vellore
720
3
Tiruvallur
360
4
Salem
1430
5
Coimabtore
1430
6
Erode
3580
7
Trichy
360
8
Madurai
360
9
Virudhunagar
860
10
Thanjavur
11
Karur
12
Cuddalore
1075
13
Tiruvarur
145
14
Tiruppur
15
Tiruvannamalai
360
16
Nagercoil
570
17
Tirunelveli
360
18
Ramnad
860
19
Namakkal
20
Dindigul
360
TOTAL
20000
2870
1075
720
1075
1430
36
130th SLBC
New Issues
17. GOI Subsidy Schemes implemented through NABARD
NABARD advised that the following schemes are implemented by them
with Government of India subsidy:
Subject
Capital
Subsidy/
Refinance Scheme for
Installation of Solar Off
Grid
Home
Lighting
System
and
Water
Heating Systems under
Jawaharlal
Nehru
National Solar Mission
(JNNSM) of the Ministry
of New and Renewable
Energy, GoI
Comments
The Scheme has not yet picked up in Tamil Nadu .
Commercial Banks and Regional Rural Banks are
requested to popularise the scheme of Solar Off Grid
Home Lighting System and Water Heating Systems
under Jawaharlal Nehru National Solar Mission
(JNNSM) of the Ministry of New and Renewable Energy,
GOI.
Government Sponsored
Scheme- Animal
Husbandry Sector
1. As per the instructions received from Government of
India, the implementation of the following subsidy
schemes under Animal Husbandry sector have been
extended for the year 2012-13 with the existing
guidelines :
Animal Husbandry Sector
i. Poultry Venture Capital Fund (Subsidy)
ii. Dairy Entrepreneurship Development Scheme (DEDS)
iii.Integrated Development of Small Ruminants and
Rabbits (IDSRR), now extended to all districts of Tamil
Nadu with unit sizes of (10+1), (20+1) for sheep/goat
rearing units and (100+5), (200+10), (300+15), (400+20)
for sheep/goat breeding units apart from the unit sizes
of (40+2) and (500+25) already available under the
Scheme.The subsidy component shall be proportionately
reduced.
Solar Home Lighting - Capital Subsidy increased to 40 %
and interest subsidy withdrawn.
Water Heating System - 30 % of Capital Subsidy .
iv. Pig Development
37
Subject
Comments
v. Poultry Estates and Mother Units for Rural Backyard
Poultry
Regarding continuation of other two schemes viz. (i)
Rearing of Male Buffalo Calves and (ii) Utilisation of
Fallen Animals, we are yet to receive communication
from Government of India and the same will be intimated
to you soon after receipt of the same.
2. Further, following Central Sector Schemes have
also been extended for implementation for the year
2012-13.
1.
Dev./Strengthening of Agricultural Marketing
Infrastructure,
Grading
and
Standardization.
2.
Scheme for capital investment subsidy for
Construction/Renovation/Expansion of Rural Godowns.
3. Agri Clinic and Agri Business Centres
Member banks are requested to advise their branches in the State about
the abovementioned schemes and also to advise them to utilize the
subsidy available to the maximum level.
38
130th SLBC
New Issues
18. Training programme for BC/BF/BCAs conducted by NABARD:
In terms of GOI instructions, NABARD, Tamil Nadu Regional Office has
identified State Level trainers for training of district level trainers who
in turn will train the BC/BF/BCAs in the districts. Training of first batch
of district level trainers of Tamil Nadu was launched on 28/05/2012.
Three more batches will be trained by end June. Around 100 district level
trainers have been identified. Banks are requested to advise their LDMs
to work in close coordination with DDMs of NABARD in identification and
training of BC/BF/BCAs. The training to BC/BF/BCAs is based on IIBF
module and will be conducted in three phases. Certificates will be issued
to BC/BF/BCAs on successful completion of training and passing the exam
which will be conducted by IIBF.
Member banks are advised to utilize the training programme to train
their Business Correspondents.
39
130th SLBC
New Issues
19. Exemption of stamp duty for documents executed by Joint
Liability Groups (JLG) for borrowing loan from banks:
Government of Tamil Nadu vide G.O.(Ms) No.158 dated 05.11.2009
exempted stamp duty for the following documents executed by Self Help
Groups / Panchayat Level Federations (PLF) promoted by Panchayat Raj
Department:
1. Instruments of Agreement for Finance
2. Inter-se Agreement among others
3. Deed of Hypothecation
4. Deed of Mortgage executed by SHGs / PLFs
Member banks have requested that the banks are also lending through a
new model namely Joint Liability Groups (JLG) and the documents
executed by them also may be exempted from stamp duty as in the case
of SHGs.
The Commercial Taxes & Registration Department, Government of Tamil
Nadu is requested to examine and accept the request.
40
130th SLBC
New Issues
20. Swavalamban /NPS-Lite
Swavalamban / NPS–Lite has been introduced in the Budget 2010 as part
of Financial Inclusion, as a simplified version of NPS (National Pension
System) to help the economically weaker section of population. NPS was
introduced in July 2008 for Central Government Employees and extended
to all citizens w.e.f 01.05.2009. NPS-Lite is a non-incentive model. Under
Swa-Avalamban, an Old Age Self-reliant Income Security Plan (OASIS),
Govt of India provides a motivating incentive. With this financial
inclusion covers access to banking- No-Frills account (Swa Abhiman),
Overdraft in No-frills a/c. Gneneral Credit Card, remittance, microinsurance (eg Janashree), Outreach (BC/BF/USB) And Old age income
security.
The followings are the salient features of the above scheme.

Eligible persons: Any citizen of India of 18 years to 60 years of
age.

Target group is farmers, labours and self-employed citizens of
unorganized sector.

Each subscriber is issued an identity card (PRAN CARD-Permanent
Retirement Account Number) establishing membership.

Contribution: A subscriber can contribute as little as Rs. 100/ per
month. There is no fixed monthly contribution.

Subscribers contributing a minimum of of Rs. 1000/ to Rs.12,000/
per annum during each of the year 2010-11, 2011-12, 2012-13 and
2013-14 will receive the benefit of Govt contribution of Rs. 1000/for each of these years. (Banks may suggest to extend the benefit
to every subscriber for a fixed period of four years irrespective
of year of joining.)

Closing date for incentive: Four years from 2010.

Money will be collected by organizations known as “Aggregators”
approved by PFRDA. Banks can also be come aggregators.

The ‘Aggregator’ will collect the money, and issue a receipt to the
customer. The ‘Aggregator’ will deposit the collections every
41
FRIDAY (by uploading on the system) in a designated NPS-Lite
Bank Account.

The subscriber receives a SMS-confirmation upon registering
mobile telephone number.

Duration of subscription: Upto the age of 60 years.

Rate of Return: Rate of return is envisaged at 8% p.a.(as per the
brochure of PFRDA, similar to the interest rate for PPF accounts
prior to Dec’11).

Pay out period for pension: Pension is available after a minimum
of 20 years of investment or 50 years of age whichever is later.

How much to withdraw/ Annuitization: at the age of 60, the
subscriber can withdraw 60% of the pension wealth in lump sum
and a minimum of 40% has to be annuitized. Exit before 60 years
requires a minimum annuitization of 80%. In the case of death of
subscriber, the entire money can be withdrawn by his /her
heirs/nominees immediately without annuitisation. The annuity has
a variety – pure income, combination of return of capital/premium
and income, annuity provided to surviving spouse, etc similar to the
case of schemes of LIC.

Pension amount: It will be the annuity payable on the wealth
retained. A minimum of Rs. 1000/ per month is contemplated. If
the annuitized wealth does not yield a minimum of Rs. 1000/ per
month, annuitisation will be increased suitably. This minimum
pension scaling may be revised from time to time.

Investment of subscription: Currently, Swavalamban/NPS-Lite is
the extension of the NPS scheme available to Govt employees as
per which 85% of money will be invested in debt and 15% on equity
as per the government guidelines.

Aggregator will choose Fund Manger either out of SBI, UTI,
ICICI, Reliance & IDFC (or) any one of the Pension Fund Managers
viz SBI, UTI & LIC.

Information to subscribers: Once a year, a Statement of account
of the entire transaction and the market value of the corpus will
be sent to the Aggregator for distribution to subscribers.
Member banks are requested to take note of the above scheme.
The details of the above scheme given by PFRDA is enclosed as an
annexure.
42
Pension Fund Regulatory and Development Authority
First Floor, ICADR Building, Phase II, Plot No 6, Vasant Kunj Institutional
Area,
New Delhi-110070
Introduction to Swavalamban Scheme
1. National Pension System (NPS)
The National Pension System is an attempt towards providing adequate
retirement income to every citizen of India. NPS aims at ensuring financial
security to every citizen by encouraging them to start contributing towards the
old age saving. NPS has been designed to enable the subscribers to make
optimum decisions regarding their future through systematic savings during
their employment. NPS seeks to inculcate the habit of saving for retirement
amongst the citizens.
Initially launched for Central Government employees, later it was offered to
employees of various State Governments, corporate, and individuals
belonging to unorganized sector and economically disadvantaged sections
(NPS-Lite). In order to promote NPS and extend NPS benefits to maximum
possible target beneficiaries, Government of India has recently launched
“Swavalamban” scheme.
2. Swavalamban Scheme
Government of India announced a scheme under the name of ‘Swavalamban
Yojana’ in which government has made a provision to pay an incentive
contribution to each subscriber of Unorganized sector and NPS Lite sector
who is willing to participate in this scheme and also fulfilling eligibility criterion.
All subscribers registered in FY 2010-11 will be eligible for getting the
Swavalamban contribution for the financial years 2010-11, 2011-12, 2012-13,
2013-14 and the subscribers getting registered after FY 2010-11 will be
eligible to get Swavalamban contribution upto FY 2013-14.Also as a special
consideration, subscribers already registered in FY 2009-10 will also be
eligible to participate in this scheme.
“Following the announcement in the Union Budget 2010, Union Finance
Minister Shri
Pranab Mukherjee inaugurated “Swavalamban”, a Pension Scheme for the
unorganized Sector on 26th September, 2010 at Raghunathganj under the
Jangipur Sub
Division of Murshidabad District and distributed PRAN Cards to a few
beneficiaries.”
Under Swavalamban scheme GOI will contribute Rs. 1000 per year (for a
period of four years) to every National Pension System (NPS) account
opened subject to below mentioned conditions; Subscriber is not covered under employer assisted retirement benefit
scheme and also not covered by social security schemes under any of
the following laws:
> Employee Provident Fund and Miscellaneous Provision Act, 1952
> The Coal Mines Provident Fund and Miscellaneous Provision Act, 1948
> The Seamen’s Provident Fund Act, 1966
> The Assam Tea Plantation Provident Fund and Pension Fund Scheme Act,
1955
> The Jammu & Kashmir Employee Provident Fund Act, 1961
43

Subscriber contribution in NPS is minimum Rs. 1000 and maximum
Rs.12000 per annum, for both Tier1 and Tier II taken together,
provided subscriber makes minimum contribution of Rs.1000 per
annum to his Tier 1 account
Also there is provision for recovery of Swavalamban benefits with penal
interest in case the subscriber gives false declaration.
Detailed Guidelines are provided in section 4
3. Modes to enroll for Swavalamban scheme
As per existing scheme under National Pension System (NPS), Swavalamban
could be availed either in unorganized sector or in NPS Lite. In unorganized
sector it can be availed through Point of Presence and In NPS Lite it can be
availed through Aggregators.
NPS Lite Model: For the weaker and economically disadvantaged sections of
the society with their limited investment potential there was need to engage
the individuals in pension schemes. PFRDA, being conscious of its ultimate
responsibility in providing a uniform platform for old age income security to all
sections of society has developed a cost effective and feature optimized
model of NPS which facilitates economically weaker sections of the society to
join the NPS platform NPS Lite is a model specifically designed to bring NPS
within easy reach of the economically disadvantaged sections of the society.
NPS Lite is extremely affordable and viable due to its optimized functionalities
available at reduced charges.
Aggregator: NPS Lite is extended to its target population through specific
entities identified by PFRDA, termed as “aggregators” who would enroll their
underlying subscribers in NPS Lite as groups. The aggregators shall be the
main interface between the NPS Lite subscriber and NPS architecture.
Aggregator would be an agency which takes on the NPS related responsibility
on behalf of its constituent’s viz. Self Help Groups and their federations, MFIs,
NGOS, Nodal Offices of Govt. Sponsored schemes etc.
For details about NPS Lite Model and documents prescribed under NPS
Lite, please refer Section A
Unorganized Sector Model: National Pension System (NPS) was rolled out
from 1st May 2009 for all citizens of India, other than Government employees
covered under NPS. This was called as unorganized sector under NPS. For
this purpose PFRDA selected and authorize entities as Points of Presence
(POPs)
to
extend
customer
interface
for
non-government
subscribers/individual citizens.
Points of Presence: Points of Presence (POPs) are appointed by the
PFRDA to provide various facilities to all citizens (known as ‘Subscribers’ in
the NPS architecture) at various locations across India. POPs provide the
services under NPS through their network of branches called POP Service
Providers (POP-SP). A POP acts as the first point of interface between
voluntary subscriber and NPS architecture
44
For details about NPS – Unorganized Model and documents prescribed,
please refer Section B
4. Prescribed Guidelines for Swavalamban scheme
The Scheme and its applicability
1. The scheme will be called Swavalamban Yojana. It will be applicable to all
citizens in the unorganised sector who join the New Pension System (NPS)
administered by the Interim Pension Fund Regulatory and Development
Authority (PFRDA).
Benefits under the Scheme
2. Under the scheme, Government will contribute Rs. 1000 per year to each
NPS account opened in the year 2010-11 and for the next three years, that is,
2011-12, 2012-13 and 2013-14. The benefit will be available only to persons
who join the NPS with a minimum contribution of Rs. 1,000 and maximum
contribution of Rs. 12,000 per annum.
Definitions:
3. Unorganised sector: For the purpose of this scheme, a person will be
deemed to belong to the unorganised sector if that person:
 is not in regular employment of the Central or a state government, or an
autonomous body/ public sector undertaking of the Central or state
government having employer assisted retirement benefit scheme, or
 is not covered by a social security scheme under any of the following
laws:
* Employees' Provident Fund and Miscellaneous Provisions Act,1952
* The Coal Mines Provident Fund and Miscellaneous Provisions Act,1948
* The Seamen's Provident Fund Act, 1966
* The Assam Tea Plantations Provident Fund and Pension Fund Scheme Act,
1955
* The Jammu and Kashmir Employees' Provident Fund Act, 1961
4. All other definitions as given in the NPS offer document will apply to the
terms used in this scheme.
Eligibility:
5. The scheme will be applicable to all persons in the unorganised sector
subject to the condition that the benefit of Central Government contribution
will be available only to those persons whose contribution to NPS is minimum
Rs.1,000 and maximum Rs. 12,000 per annum, for both Tier I and II taken
together, provided that the person makes a minimum contribution of Rs. 1000
per annum to his Tier I NPS account.
6. As a special case and in recognition of their faith in the NPS, all NPS
accounts opened in 2009-10 will be entitled to the benefit of Government
45
contribution under this scheme as if they were opened as new accounts in
2010-11 subject to the condition that they fulfill all the eligibility criteria
prescribed under these guidelines.
Funding
7. The scheme will be funded by grants from Government of India. The grants
would be given such that monthly payment in the subscriber accounts would
be possible.
Operation
8. A person will have the option to join the NPS as an individual as per the
existing scheme or through the CRA Lite approved by PFRDA.
9. At the time of joining the NPS the subscriber will have to declare whether
he/she falls within the definition of unorganised sector as defined in para 3
above and would also declare that his contribution would range between Rs.
1,000 to Rs. 12,000 per annum. If subsequent to opening the NPS account it
is found that the subscriber has made a false declaration about his eligibility
for the benefits under this scheme or has been wrongly given the benefit of
government contribution under this scheme for whatsoever reason, the entire
government contribution will be deducted along with penal interest as may be
specified from time to time. If the status of the subscriber changes to ineligible
after joining the NPS, he/she should immediately declare so and the benefit of
government contribution will not accrue to the subscriber's account after the
date on which the subscriber becomes ineligible.
10. At the end of each financial year the CRA will, by 7th April of the following
year, send to the PFRDA details of the NPS accounts opened during the year,
showing separately the number of eligible NPS accounts in which the
subscriber's contribution has been between Rs. 1,000 and Rs. 12,000. CRA
will also send these details with individual PRAN to the Trustee Bank.
Exit from NPS
11. The exit from the Swavalamban Scheme would be on the same terms and
conditions on which exit from Tier-I account of NPS is permitted, that is, exit at
age 60 with 40% minimum annuitisation of pension wealth and exit before age
60 with 80% minimum annuitisation of pension wealth. However, the exit
would be subject to the overriding condition that the amount of pension wealth
to be annuitised should be sufficient to yield a minimum amount of Rs. 1,000
per month. If the annuitised pension wealth does not yield an amount of Rs.
1,000 per month, the percentage of pension wealth to be annuitised would be
increased so that the pension amount becomes Rs. 1,000 per month, failing
which the entire pension wealth would be subject to annuitisation. This
minimum pension ceiling may be revised from time to time.
46
Miscellaneous
12. PFRDA may permit members of an existing pension scheme to migrate to
NPS under such terms and conditions as may be approved by the
Government.
Removal of Doubts
13. In case of any doubts on the eligibility, operation of the scheme or any
other issue, the Central Government will decide the matter in consultation with
PFRDA and the decision of the Central Government will be final.
47
130th SLBC
New Issues
21. Tamil Nadu Government’s Dr.Muthulakshmi Maternity Benefit
Scheme
Department of Public Health, Govt. of Tamil Nadu is implementing
Dr.Muthulakshmi Maternity Benefit Scheme. Under this scheme, each
pregnant woman of below poverty line is eligible to receive Rs 12,000
in three installments at Rs 4000/ per installment for taking
nutritional foods in order to deliver healthy babies as well as to
compensate wage loss. Annually about 8 lakhs pregnant women are
benefited by this scheme. Tamil Nadu Govt. is allocating Rs 620 crore
under State Budget per annum.
The list of eligible pregnant women are generated through web based
Software and the amount is claimed from treasury and deposited into
Medical Officers Bank Account. In turn, it is distributed to the
beneficiaries thro transfer of funds to the bank where the
beneficiaries are holding the accounts. As per the Government Order,
each eligible pregnant woman should open Bank account only in
Nationalized Banks.
The Joint Director of Public Health advises that there are certain
issues being faced with the banks at the field level in implementation
of the scheme:
1. Delay in opening of accounts: Certain Bank branches are not
opening accounts of the beneficiaries with the introduction of
Block Medical Officers. Banks are requested to accept the
introduction of Block Medical Officer for opening of accounts of
the beneficiaries.
2. There is a delay in transfer of funds from the Block Medical
Officer’s account to the beneficiaries ‘accounts in some branches.
Banks are advised to avoid delay in transfer of funds to the
beneficiaries’ accounts. The grant amount should be transferred
immediately on the request of the Block Medical Officer.
3. The transfer should be done as and when the amount is deposited
and the lists given to banks for transfer of funds to enable the
Poor pregnant mother to get benefits in time.
48
130th SLBC
New Issues
22. Creation / Release of Online charge by banks on land holdings:
Ministry of Finance, Government of India desires that mortgage on land
holdings of farmers are to be created online by banks to secure the loans
availed by the farmers.
As a first step the land records should be made available online for the
entire State and the same should be integrated with the banking system
for easy verification and creation of online charge over the landed
properties. This would help the farmer to avail loans easily from the
banks and he need not go to various places and spend time and money for
this purpose.
At present the mortgages created in favour of the banks are registered
with a Central Registry under SARFAESI Act, 2002. Steps may be
initiated to integrate the State Registration Offices with the Central
Registry to facilitate hassle free registration of mortgages.
The State Government is requested to provide the details of land records
and creation of mortgage online at the earliest.
49
130th SLBC
New Issues
23. Convergence of Insurance facilities with FI initiatives:
Ministry of Finance, Government of India issued Strategies & Guidelines
on Financial Inclusion vide their letter dated 21.10.2011. They have issued
the following guidelines regarding preparation of District / State
Financial Services Plan:
Quote:
At present the District and State Level Plans are being prepared for the
banks, NABARD etc. Similarly, the Public Sector Insurance Companies are
also preparing their field level plans. In order to develop a comprehensive
frame work for delivery of financial services and, hence, promote
Financial Inclusion, it is necessary that comprehensive Financial Services
Plan for the entire District and State is also prepared.
It has therefore been decided that:
The District Lead Bank Officer, Officer In charge of NABARD and Nodal
Officers of Public Sector Insurance Companies, both life and non life,
would prepare a comprehensive Annual District Financial Services Plan
covering banking, rural development, insurance, etc. These officers would
also meet once every month to review the progress and resolve inter
agency issues.
At the State Level, SLBC Convener, NABARD and State In-charge of
Public Sector Insurance Companies, both life and non life, would prepare
similar Annual State Financial Services Plan. At the State level also,
these officers would meet once every month to review the progress and
resolve inter-agency issues.
The objective of the exercise is to ensure Financial Inclusion by ensuring
bank account for every household, Kisan Credit Card to every farmer’s
family, General Credit Card to other households and extensive coverage
under micro-insurance and micro-pension scheme.
Unquote:
Public Sector insurance companies are advised to finalise the District
Insurance plans for all the 31 districts both life and non life at the
earliest.
50
130th SLBC
New Issues
24. Ultra Small Branch (USB)
Ministry of Finance, Government of India issued the following Guidelines
for opening of Ultra Small Branches (USBs) in Rural Areas:
At places where the opening a conventional Brick & Mortar Branch is
presently not viable, the Bank may set up USBs, which will have the
following characteristics.
1) The Bank Branch will have an area of 100-200 square feet.
2) A BCA should be opened for the service area to deal with all cash
transaction and other routine work. The BCA shall operate from
the USB.
3) One of the Officers of the Bank will visit the Branch on
predetermined day, at least once a week, along with a laptop which
should have VPN connectively to the CBS.
He would clear
applications for new account opening, loans, recovery follow-up and
business development.
He can give information to the account
holders about the account balance or a print out of the bank
statement, etc.
4) The Officer would not be dealing with cash transactions, which
would be handled by the BCA.
5) The frequency of visit by the Bank Officer can be progressively
enhanced depending upon the business growth in the service area
of the bank.
6) When the Bank reaches the desired level of business, the USB can
be upgraded into a regular Bank Branch.
In Tamil Nadu banks have covered 4445 villages with a population of 2000
and above under Financial Inclusion. Banks have opened 893 USBs in the
State as on 30.04.2012.
Member banks are requested to expedite opening of Ultra Small Branches
in the remaining villages and ensure 100 % achievement before June, 2012
as per the guidelines of Ministry of Finance.
51
130th SLBC
AGENDA No: 3
REVIEW ON BANKING DEVELOPMENTS IN TAMILNADU ON KEY
PARAMETERS AS OF MARCH 2012
KEY PARAMETERS
Parameters
No. of Branches
Deposits
Advances
CD Ratio
Investments
Credit + Investment to
Deposit Ratio
Priority Sector Advances
% of Priority Sector
Advances to Total Advances
Agricultural Advances
% of Agricultural Advances to
Total Advances
Micro & Small Enterprises
(MSE)
Of which Micro Enterprises
Micro Credit
Education
Housing
Advances to Weaker Sections
% of Weaker Section
Advances to Total Advances
DRI Advances
% of DRI Advances to Total
Advances
MARCH
2011
(Amount – Rs.in Crores)
VARIATION & %
MARCH
OF GROWTH
2012
6699
7402
703
328419.16
429072.09
100652.93
(30.65%)
375997.61
449262.27
73264.66
(19.49%)
114.49%
104.71%
-9.78%
1980.36
3178.32
1197.96
115.09%
105.45%
-9.64%
146577.37
176509.53
29932.16
(20.42%)
47.49
59181.56
46.94
78241.15
19059.59
(32.21%)
19.18
20.81
52564.45
58722.19
6157.74
(11.71%)
15214.49
19430.89
4216.40
27.71
4047.32
3292.66
-754.66
9698.87
11871.22
2172.35
(22.40%)
21085.17
36545.79
23867.54
51053.07
2782.37
14507.28
(13.20%)
(39.70%)
11.84
13.58
150.68
241.28
90.60
(60.13%)
0.05
0.06
52
BRANCH NETWORK
As at the end of March 2012, the total number of Bank Branches in Tamil
Nadu increased to 7402 from 6699 in March 2011. Group wise spread of
Bank branches in Tamil Nadu as of March 2011 and March 2012 are given
below:
Name of the Group
State Bank Group
Nationalised Banks
Other Public Sector Banks
Private Sector Banks
RRBs
Foreign Banks
Total
MARCH
2011
987
3702
52
1621
313
24
6699
MARCH 2012
1042
4074
65
1854
343
24
7402
Variation
55
372
13
233
30
0
703
DEPOSIT GROWTH
Deposits of the Banks in Tamil Nadu have increased from Rs.328419.16
crores as of March 2011 to Rs.429072.09 crores as at March 2012,
registering an increase of Rs.100652.93 crores. The year on year
incremental deposit growth is 30.65% as against the growth of 16.09%
from March 2010 to March 2011.
CREDIT EXPANSION
The total advances increased from Rs.375997.61 crores as of March 2011
to Rs.449262.27 crores as of March 2012, an increase of Rs.73264.66
crores. The incremental growth is 19.49% as against the growth rate of
21.83% recorded in the previous year.
CD RATIO
The Credit Deposit Ratio of Commercial Banks in Tamil Nadu decreased
from 114.49% as of March 2011 to 104.71 % as of March 2012.
53
PRIORITY SECTOR ADVANCES
The percentage of priority sector advances is 46.94% as against the
national norm of 40%.
Priority Sector Advances have grown by 20.42% Y.O.Y as against 21.91%
during March 2010 to March 2011.
AGRICULTURAL ADVANCES
The aggregate of agricultural advances extended by Banks in Tamil Nadu
have increased from Rs.59181.56 crores as of March 2011 to Rs.78241.15
crores as of March 2012, thus registering an increase of Rs.19059.59
crores in absolute terms and 32.21 % in percentage terms. [The growth
rate during the period March 2010 to March 2011 was 19.05%]. The
share of agricultural credit in total advances as of March 2012 is 20.81%
against the national norm of 18%.
MICRO & SMALL ENTERPRISES (MSE)
The advances to Micro & Small Enterprises sector (MSE) during the
period under review has witnessed an increase by Rs.6157.74 crores, from
Rs.52564.45 crores as at March 2011 to Rs.58722.19 crores as at March
2012, thus showing a growth of 11.71 %. The share of MSE advances in
total advances as of March 2012 was 13.07%. The share of Micro
Enterprises in Micro & Small Enterprises (MSE) is only 33.09% as against
the norm of 55%. During the current year 2012-13, the share of Micro
Enterprises among MSE has to be 60%. Banks are advised to concentrate
more on Micro Enterprises.
EDUCATION
Educational Loans have increased from Rs.9698.87 crores in March 2011
to Rs.11871.22 crores as of March 2012. The increase of Rs.2172.35
crores under Educational Loans represents a growth rate of 22.40%.
54
Year-on-year (March 2010 to March 2011), there is an increase of
Rs.2352.85 crores in Educational Loans outstanding, recording a growth
rate of 32.03%.
HOUSING
The outstanding under Housing Loans has registered an increase of
Rs.2782.37 crores from Rs.21085.17 crores in March 2011 to
Rs.23867.54 crores in March 2012, registering a growth rate of 13.20%.
During the corresponding period of the previous fiscal, there was an
increase of Rs.1399.32 crores in Housing Loans outstanding with 7.11%
growth rate.
ADVANCES TO WEAKER SECTIONS
The advances to Weaker Sections increased from Rs.36545.79 crores as
of March 2011 to Rs.51053.07 crores as at the end of March 2012,
registering a growth rate of 39.70%. At this level, advances to Weaker
Sections constituted 13.58% of the total credit against the national norm
of 10%.
The growth during last year (March 2010- March 2011) was 31.35%.
DRI ADVANCES
The outstanding advances under DRI has increased from Rs.150.68 crores
as on March 2011 to Rs.241.28 crores as of March 2012, registering a
growth rate of 60.13%
The percentage of DRI advances to total advances has slightly improved
to 0.06% as against the bench mark level of 1%.
55
NATIONAL NORMS
PERFORMANCE OF COMMERCIAL BANKS UNDER THE STIPULATED
NATIONAL NORMS ARE AS UNDER:
Particulars
National Norms
Percentage
Priority Sector Advances to
Total Advances
Agricultural Advances to Total
Advances
Weaker
Section
to
Total
Advances
DRI
Advances
to
Total
Advances of previous year
Achievement %
March 2011
March 2012
40
47.49%
46.94%
18
19.18%
20.81%
10
11.84%
13.58%
1
0.05%
0.06%
The share of Priority Sector advances stands at 46.94% which is above
the National Norm of 40%.
The share of Agricultural Advances and Advances to Weaker Sections to
total credit as at the end of March 2012 was 20.81% & 13.58%
respectively, thereby surpassing the national norm of 18% & 10%
respectively.
DRI advances continue to remain below the Norm of 1%.
The
performance of Banks under DRI is being reviewed in every meeting of
SLBC. RBI and Government authorities have been expressing their
concern about the low progress under the scheme and non achievement of
National goal of 1%.
Member Banks are requested to take up the matter with their branches
and ensure progress under the scheme.
56
Target for the year ended March 2013
National
Norms
Percentage
Particulars
Priority Sector Advances
Agricultural Advances
Weaker Section Advances
DRI Advances to Total Advances
DISTRICTWISE
TAMILNADU
Target for 2012-13
(Amt. Rs. in Crores)
40
18
10
1
PERFORMANCE
OF
COMMERCIAL
179704.91
80867.21
44926.23
4492.62
BANKS
IN
A comparative analysis of the performance of the Commercial Banks in
Tamil Nadu indicates the following:
a) Tiruppur district has the highest CD ratio at 182% followed by
Ariyalur district (177%) & Dharmapuri district (167%).
b) Of the 31 lead districts, the CD ratio of 30 districts is above the RBI
norm of 60%.
c) Kancheepuram District is having CD ratio of 56% which is less than
the National Norm of 60% and Member Banks are requested to evolve
suitable strategies to improve their lending so as to achieve the
National Norm for CD Ratio in that district.
Agricultural advances to total advances in the following districts is below
18% norm.
Coimbatore
Tiruppur
---
12.27%
15.52%
57
REVIEW OF OPERATIONS OF CO-OPERATIVE
TAMILNADU AS AT THE END OF MARCH 2012
BANKS
IN
As at the end of March 2012, there were 794 branches of Co-operative
Banks (both, District Central Co-operative Banks and State Agricultural
and Rural Development Banks) in Tamil Nadu. The details are furnished
for the information of the members.
Classification of Branches
MARCH 2011 MARCH 2012
Rural
262
259
Semi-Urban
203
202
Urban
184
193
Metro
139
140
TOTAL
788
794
(Amount – Rs. in Crores)
MARCH 2011 MARCH 2012
Particulars
Deposits
18775.58
21927.76
Advances
25225.06
28586.28
Investments
8035.40
6909.82
CD Ratio
134.35%
130.37%
Credit + Investment to Deposit Ratio
S.No.
1
177.15%
161.88%
(Amount – Rs. in Crores)
MARCH 2011
Particulars
Agricultural Advances
Of which, Direct Advances
MARCH 2012
3000.75
3751.64
600.54
539.52
1588.70
2251.34
2
Micro & Small Enterprises
3
Education
172.23
23.49
4
Housing
144.74
176.12
5
Micro Finance & Others
1848.17
926.30
6754.59
7128.89
TOTAL
58
ADVANCES UNDER SPECIAL PROGRAMMES / SCHEMES / SECTORS
(Amount – Rs. in crores)
MARCH
MARCH
2011
2012
Total Advances to Weaker Sections
7525.13
5063.96
793.31
1249.87
169.18
201.86
10.56
122.87
Of which,
(i) Advances under SC/ST
(ii) Advances under IRDP/SGSY
(iii) Advances under DRI
NPA POSITION IN PRIORITY SECTOR ADVANCES – DECEMBER 2011
(Amount Rs. in Crores)
NPA
% of NPA
Amount
i) NPA in Housing loans
12.83
24.12%
1.93
9.32%
389.99
11.19%
iv) NPA in Loans to MSE
13.47
0.74%
v) NPA in Loans under Weaker Section of Priority
Sector Lending
93.15
1.84%
418.22
6.17%
ii) NPA in Education loans
iii) NPA in Agriculture Loans
vi) NPA in over all Priority Sector Lending
59
PLEASE REFER DATA SHEET NO.1
60
PLEASE REFER DATA SHEET NO.2
61
PLEASE REFER DATA SHEET NO.2
62
AGENDA No: 4
130th SLBC
REVIEW OF PERFORMANCE UNDER ANNUAL CREDIT PLAN
2011 – 2012: APRIL 2011 TO MARCH 2012
As per the quick information report obtained from the Lead District
Managers, Banks in Tamil Nadu have disbursed total credit of
Rs.60598.92 crores under Annual Credit Plan during 2011-12 as against
the plan allocation of Rs.56621.64 crores, representing 107% achievement
under ACP for the year 2011-12.
Sector
Farm
Non-Farm
OPS
TOTAL
Amount in Rs. crores
Credit Allocation Credit Disbursed
% of
April 2011 to April
2011
to
Achievement
March 2012
March 2012
31017.09
36358.39
117
12582.48
11212.45
89
13022.07
13028.08
100
56621.64
60598.92
107
A comparative position of disbursement under ACP during 2010-11 & 201112 is furnished below:-
Sector
Farm
Non-Farm
OPS
TOTAL
Credit disbursed
from April 2010
to March 2011
32923.55
10421.84
10772.97
54118.36
63
Amount Rs. in crores
Credit disbursed
Variation in
from April 2011
percentage
to March 2012
36358.39
10.43
11212.45
7.59
13028.08
20.93
60598.92
11.97
District wise performance:
District wise/Major Sector wise performance for the period ended
March 2012 is furnished in Annexure – I. Banking System in Tamil Nadu
has achieved 107% of the plan allocation during the period under review.
The performance of the individual districts varies from 65% to 181%. 27
districts have achieved more than 100% of the target. Under Farm
Sector, 28 districts have achieved more than 100% of the target & under
Non-farm sector 12 districts have achieved more than 100% of the
target.
Sector wise performance:
A. Non-Farm Sector – Industries:
The performance of Banks in Tirunelveli district under Non-Farm Sector
is much below 50%, i.e. 17%. LDM need to bestow his attention and
impress upon Member Banks in Tirunelveli district to improve the
performance under Non-Farm Sector during the current year.
B. Other Priority Sector:
Under OPS category during the current year, Tirunelveli district has
recorded lower performance of 48%. Banks in Tirunelveli district have to
increase their disbursement under OPS category during the current year.
The details of progress made under ACP 2011-12 upto the quarter ended
December 2011 (District-wise / Bank-wise / Activity-wise) have also been
furnished in the Annexure for information.
64
PLEASE REFER DATA SHEET NO.3
65
PLEASE FER DATA SHEET NO.4
66
PLEASE REFER DATA SHEET NO.5
67
PLEASE REFER DATA SHEET NO.5
68
PLEASE REFER DATA SHEET NO.6
69
130th SLBC
AGENDA: 4A
ANNUAL CREDIT PLAN 2012-13
The consolidated Annual Credit Plan for the financial year 2012-13, based
on the District level ACP prepared by LDMs, for the State of Tamil Nadu
is placed below for the approval of the forum.
The credit plan for the year 2012-2013 envisages a total credit flow of
Rs.73213.50 crores under the 3 major sectors which represents an
increase of Rs.16591.86 crores in absolute terms representing an
incremental growth of 29.30% over the previous year’s ACP outlay. The
sector-wise details are given below:
(Rs.in Crores)
Allocation
Sector
% of Increase
2011-12
2012-13
Farm Sector
31017.09
43206.78
39.30%
Non-Farm Sector
12582.48
14195.27
12.82%
OPS
13022.07
15811.45
21.42%
Total
56621.64
73213.50
29.30%
The District-wise Allocation under ACP for 2012-13 is enclosed.
Active involvement of all the Banks in Tamil Nadu is sought for the
successful implementation of the Annual credit plan 2012-13. Various
Departments and agencies of the Government are also requested to
extend support in filling up the infrastructure gaps, if any.
Revised allocation of target by NABARD for 2012-13 under Farm Sector
(In tune with the Hon’ble Union Finance Minister’s budgetary
announcement of Rs 5.75 lacs crores.)
CATEGORY OF LOAN
UNDER FARM SECTOR
Crop loan
Term loan
Total
AMOUNT
(in crores)
28700
23210
51910*
*This shows an increase of 42.77% over last year’s achievement
Accordingly the farm target for the district is revised and given as an
annexure below. The DCC convenors and Lead District Managers are
advised to reallocate the farm target to the member banks in their
districts and inform SLBC.
70
ANNUAL CREDIT PLAN 2012-13 (DISTRICTWISE - SECTORWISE)
(Rs.in Crores)
Sl.No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
DISTRICT NAME
ARIYALUR
COIMBATORE
CUDDALORE
DHARMAPURI
DINDIGUL
ERODE
KANCHEEPURAM
KANYAKUMARI
KARUR
KRISHNAGIRI
MADURAI
NAGAPATTINAM
NAMAKKAL
NILGIRIS
PERAMBALUR
PUDUKOTTAI
RAMANATHAPURM
SALEM
SIVAGANGA
T.V.MALAI
THANJAVUR
THENI
TIRUCHIRAPPALLI
TIRUNELVELI
TIRUPPUR
TIRUVALLUR
TIRUVARUR
TUTICORIN
VELLORE
VILLUPURAM
VIRUDHUNAGAR
TOTAL 2012-13
* FARM
SECTOR
NFS
561.67
22.00
2726.05 2690.00
2369.22
74.95
1295.12
106.99
2053.55
224.35
2342.78 1224.99
1019.09
440.48
2905.00
229.26
827.04
579.74
1619.04
282.99
2630.08
646.92
1351.06
38.69
1227.41
453.44
852.90
163.90
832.24
32.58
1308.86
46.05
1258.32
94.00
2179.18
226.77
1522.21
143.00
1880.31
62.34
1864.00
108.91
1881.32
85.73
1937.66
292.24
2280.51
225.24
1803.31 3660.38
1022.15
299.56
1320.35
40.70
1603.27
490.23
2150.08
203.74
2307.13
93.76
979.07
911.34
51910.00 14195.27
OPS
60.50
644.17
1291.00 6707.05
620.59 3064.76
377.70 1779.81
556.88 2834.78
827.02 4394.79
672.32 2131.89
620.92 3755.18
282.32 1689.10
468.17 2370.20
1063.03 4340.03
218.74 1608.49
479.85 2160.70
187.50 1204.30
84.74
949.56
113.55 1468.46
223.71 1576.03
508.28 2914.23
400.00 2065.21
226.82 2169.47
558.94 2531.85
250.30 2217.35
777.39 3007.29
724.67 3230.42
640.03 6103.72
551.01 1872.72
172.59 1533.64
1062.15 3155.65
1077.26 3431.08
240.04 2640.93
473.43 2363.84
15811.45 81916.72
*Revised farm sector target as per NABARD allocation.
71
TOTAL
130th SLBC
AGENDA No: 5
Prime Minister’s Employment Generation Programme (PMEGP)
KVIC, Chennai vide their letter dated 05.06.2012 has recently advised
the Revised Target for the year 2011-12. As per that, against the target
of 5275 projects with margin money assistance of Rs.7383.00 lacs, 3228
Projects with margin money assistance of Rs.7164.15 lacs have been
sanctioned. (Details furnished in annexure).
Member Banks are also requested to ensure
 Expeditious release of first stage of loans sanctioned.
 Claim of margin money immediately after first disbursement.
 Immediate settlement of margin money claim of branches by their
respective nodal branches.
72
PLEASE REFER DATA SHEET NO.7
73
130th SLBC
AGENDA No: 6
SWARNA JAYANTI SHAHARI ROZGAR YOJANA (SJSRY)
SJSRY Programme consists of two special schemes namely (i) Urban SelfEmployment Programme (USEP) and (ii) Urban Women Self-Help
Programme (UWSP).
The progress made under SJSRY for the programme year 2011-12 as on
31.03.2012 is furnished below:
(Amount Rs.in Lacs)
SJSRYSJSRYNO.
PARTICULARS
TOTAL
USEP
UWSP
1
Applications sent to Banks
14430
2253
16683
2
Applications sanctioned
11930
1717
13647
3
Applications rejected
2500
536
3036
4
Applications Pending
0
0
0
5
Subsidy allotted
1222.67
917.55
2140.22
6
Subsidy utilized
912.33
748.78
1661.11
7
Subsidy pending
310.34
168.77
479.11
8
% of subsidy utilization
75
82
78
Subsidy utilization level for the Programme year 2011-12 as on 31.03.2012
so far is 75% & 82% under USEP and UWSP scheme respectively.
Member Banks are advised to speed up the sanction / disposal of the
pending loan applications and ensure 100% utilization of the subsidy
allotted under SJSRY.
74
130th SLBC
AGENDA No: 7
SWARNJAYANTI GRAM SWAROZGAR YOJANA (SGSY 2011-12)
Performance
During the year 2011-12, Banks in Tamil Nadu have disbursed credit to
the extent of Rs.389.55 crores under SGSY against the credit
mobilisation target of Rs.297.38 crores thereby achieving 130.99% of the
annual target for the financial year 2011-12.
Performance of the Banking System in Tamilnadu under SGSY 2011-12 as on 31.03.2012
Amount in Rs. Lacs
MARCH 2012
S.No.
PARTICULARS
ECONOMIC ACTIVITY
SHG
7871
99834
26555.80
INDIVIDUALS
5442
13313
5442 105276
1267.99 27823.79
1
No. of Loans granted
2
Swarozgaris
3
Amount Disbursed
4
% of Credit disbursement to Annual Target
5
Subsidy Utilized
6
Credit Subsidy Ratio
7
Coverage Under:SC/ST
% (Norm 50%)
WOMEN
% (Norm 40%)
DISABLED
% (Norm 3%)
TOTAL
REVOLVING
FUND
TOTAL
22263
35576
350963
456239
11131.45 38955.24
130.99%
9339.08
2.84
578.03
2.19
9917.11
2.81
53208
53.30
99834
100.00
3331
3.34
2626
48.25
3554
65.31
2123
39.01
55834
53.04
103388
98.21
5454
5.18
3339.44 13256.55
3.33
2.94
I.
Performance under Economic Activity:
a.
For the period ended 31.03.2012, Banks have extended credit
assistance to the tune of Rs.26555.80 lacs along with subsidy
assistance of Rs.9339.08 Lacs for taking up economic activities to
7871 Self Help Groups benefiting 99834 swarozgaris.
During this period, Rs.1267.99 lacs with a subsidy of Rs.578.03
Lacs has been granted to 5442 individual swarozgaris to take up
economic activities.
b.
75
II.
Performance under Revolving Fund:
Revolving Fund assistance of Rs.11131.45 lacs has been extended to
22263 Self Help Groups with a subsidy assistance of Rs.3339.44 Lacs.
III. Achievement under Sub-sector Norms:
The achievement under coverage of SC/ST is 53.04% as against the norm
of 50%. Banks have also surpassed the 40% norm fixed for Women & 3%
norm for Disabled Persons, achieving 98.21% and 5.18% respectively.
DETAILS OF ECONOMIC ASSISTANCE (AGENCY WISE) AND
REVOLVING FUND DISBURSED UNDER SGSY 2011-12 AS AT THE
END OF MARCH 2012
Amount in Rs. Lacs
CREDIT DISBURSED
AGENCY
Economic Activity
Commercial Banks
RRBs
Co-operative Banks
Other Banks
TOTAL CREDIT UNDER ECONOMIC ACTIVITY
CREDIT UNDER REVOLVING FUND
TOTAL CREDIT TO SGSY
16336.59
2308.43
9154.77
24.00
27823.79
11131.45
38955.24
Districtwise /Agencywise credit disbursed upto the month of March 2012
is furnished in annexure.
Subsidy Credit Ratio:
The stipulated subsidy credit ratio under the scheme is 1:3. As of March
2012, Banks in Tamilnadu have achieved a Credit Subsidy Ratio of 1 : 2.94.
Member Banks have been advised to increase the credit under SGSY and
achieve the National Norm of 1 : 3 in the current year.
76
Annexure
(Amount Rs. in Lacs)
DISTRICT / AGENCYWISE CREDIT DISBURSED UPTO THE MONTH OF MARCH 2012
District
Revised Revolving
Credit Disbursed for Economic Activity
Target
Fund
Com.Bks Co-op Bks
RRBs
Others
S.No
Total
Credit
506.62
196.33
133.20
340.56
0.00
905.72
520.00
496.10
320.20
195.16
1308.59
482.50
723.75
502.50
0.00
0.00
1708.75
4 Dharmapuri
775.55
290.50
472.12
119.50
148.47
0.00
1030.59
5 Dindigul
964.83
365.00
512.28
477.48
59.41
0.00
1414.16
731.44
400.50
695.57
382.70
0.00
0.00
1478.77
1453.77
544.00
835.92
401.31
218.33
0.00
1999.56
646.70
242.00
108.60
538.05
0.00
21.01
909.66
563.89
211.00
522.42
21.70
0.00
0.00
755.12
813.76
304.50
631.01
39.44
118.31
0.00
1093.26
1055.96
395.50
253.15
143.08
362.27
0.00
1154.01
810.97
303.50
565.04
247.12
0.00
0.00
1115.66
13 Namakkal
781.99
292.50
293.40
402.09
0.00
0.00
987.99
14 Nilgiris
240.63
70.62
146.34
55.61
0.00
0.00
272.57
287.48
107.50
129.00
145.56
0.00
0.00
382.06
786.10
294.50
431.32
256.64
0.00
0.00
982.46
703.43
263.50
159.47
231.53
172.87
0.00
827.37
1347.20
504.50
1066.75
198.55
0.00
0.00
1769.80
693.23
265.00
646.68
76.08
38.04
0.00
1025.80
796.83
443.50
736.93
66.17
2.16
0.00
1248.76
1184.32
203.00
515.88
25.80
0.00
0.00
744.68
22 Tirunelveli
541.96
490.50
824.85
87.69
398.33
0.00
1801.37
23 Tiruvallur
1310.87
426.50
1014.45
89.94
0.00
0.00
1530.89
1128.27
483.00
346.74
871.37
0.00
0.00
1701.11
1289.98
316.50
428.64
384.92
0.00
0.00
1130.06
845.53
348.00
511.91
453.03
0.00
0.00
1312.94
27 Tiruchirapalli
967.94
331.00
514.24
345.39
0.00
0.00
1190.63
28 Vellore
884.04
801.00
752.55
1026.51
450.07
3.00
3033.13
29 Villupuram
2111.47
926.00
1713.29
734.27
0.00
0.00
3373.55
30 Virudunagar
2473.69
309.00
155.00
170.00
145.00
0.00
779.00
31 Tirupur
825.56
0.00
0.00
0.00
0.00
0.00
0.00
TOTAL
29738.30
11131.45
16336.59
9154.77
2308.43
24.01
38955.24
1 Ariyalur
2 Coimbatore
3 Cuddalore
6 Erode
7 Kancheepuram
8 Kanniyakumari
9 Karur
10 Krishnagiri
11 Madurai
12 Nagapattinam
15 Perambalur
16 Pudukkottai
17 Ramanathapuram
18 Salem
19 Sivagangai
20 Thanjavur
21 Theni
24 Tiruvannamalai
25 Tiruvarur
26 Thoothukudi
77
0.00
670.09
1531.46
130th SLBC
AGENDA No: 8
Interest Subsidy for Housing the Urban Poor (ISHUP)
As per the information given by Tamil Nadu Housing Board, the target
upto 31.03.2012 is 200000 against which No. of applications received is
72269. Of these, 55680 applications were sent to Banks and 4596 loans
were sanctioned to the tune of Rs.41.30 crores. 16890 applications were
returned by Banks.
District-wise and Bank-wise details of applications as on 31.03.2012 is
furnished as detailed below:Annexure
Annexure
Annexure
Annexure
1 – Progress Report on ISHUP
2 – Details of applications sent to Banks
3 – Valid applications Received
4 – Applications returned by Banks
The scheme was in operation only upto 31.03.2012. All the banks who have
disbursed the loan, even if it is first stage are advised to submit the
subsidy claim immediately.
78
PLEASE REFER DATA SHEET NO.8
79
PLEASE REFER DATA SHEET NO.8
80
PLEASE REFER DATA SHEET NO.8
81
PLEASE REFER DATA SHEET NO.8
82
PLEASE REFER DATA SHEET NO.8
83
PLEASE REFER DATA SHEET NO.8
84
PLEASE REFER DATA SHEET NO.8
85
PLEASE REFER DATA SHEET NO.8
86
130th SLBC
AGENDA No: 9
BANK FINANCE UNDER HOUSING SCHEME:
In tune with the National Agenda 'HOUSING FOR ALL' Credit Flow to
Housing Sector is identified as one of the major thrust areas by the
Banks.
As per Reserve Bank of India guidelines, each bank should reach 3% of
their incremental deposits of the previous year under housing finance.
Accordingly, it is estimated that Rs.1365.27 crores should be extended
to Housing Sector from banking system in Tamil Nadu during the year
2011-12.
As per the feed- back received from member banks, disbursement to the
tune of Rs.939.29 crores has been made during the quarter ended
March 2012, and the cumulative disbursement made for the period April
2011 to March 2012 is Rs.3694.97 crores
The Bank wise disbursement details for the last quarter is furnished in
the Annexure. It may be noted that 6 Banks marked (*) have not
submitted any data as a result of which the aggregate disbursement
might have been understated. These banks are requested to submit the
data immediately.
Break-up of the portfolio on the basis of loan size is as follows:(Amount Rs.in Lakhs)
Disbursement made during the quarter ended March 2012 (Jan.’12 to Mar.’12)
Limit Upto Rs.5
Lacs
Limit above Rs.5
lacs - upto Rs.10
Lacs
Limit above
Rs.10 Lacs - upto
Rs.15 Lacs
Limit above
Rs.15 Lacs upto Rs.20 Lacs
Total
No.
Amount
No.
Amount
No.
Amount
No.
Amount
No.
Amount
6862
15280.60
4976
25465.43
2842
23735.37
2329
29448.07
17009
93929.47
Henceforth all banks are requested to submit the above statement
revising the last slab as “Limit above Rs.15 lacs upto Rs.25 lacs”, since, as
per RBI guidelines limits sanctioned upto Rs.25 lacs is classified as
priority sector.
Banks are also advised to include in the above statement, loans given for
repairs to damaged dwelling units of families upto Rs 1 lac in rural and
semi urban areas and Rs. 2 lacs in urban and metropolitan areas.
87
Bank Finance under Housing Scheme – Direct Housing Finance
For the quarter ended March 2012
Amount Rs.in Lacs
Disbursement made during the
quarter ended March 2012
Sl.
Name of the Bank
(January’12 to March’12)
No.
No.
Amount
1
Allahabad Bank
153
1187
2 Andhra Bank
278
1118
3 Axis Bank Ltd. *
0
0
4 Bank of Baroda
887
3711
5 Bank of Maharashtra
22
265
6 Bank of India
787
5694
7 Canara Bank
1694
6258
8 Catholic Syrian Bank
16
281
9 Central Bank of India
506
3131
10 City Union Bank Ltd.
657
2442
11 Corporation Bank
785
2672
12 Dena Bank
57
395
13 Dhanalakshmi Bank Ltd.
2
28
14 Federal Bank Ltd.,
180
928
15 HDFC Bank Ltd. *
0
0
16 ICICI Bank Ltd.
613
4199
17 Indian Bank
2013
8399
18 Indian Overseas Bank
994
14202
19 IDBI Bank Ltd.
286
1958
20 Indus Ind Bank Ltd.
8
70
21 Ing Vysya Bank Ltd. *
0
0
22 Jammu & Kashmir Bank Ltd.
9
42
23 Karur Vysya Bank Ltd.
517
4335
24 Karnataka Bank Ltd.,
70
547
25 Lakshmi Vilas Bank Ltd. *
0
0
26 Oriental Bank of Commerce
55
307
27 Pandyan Grama Bank
21
88
88
Sl.
No.
Amount Rs.in Lacs
Disbursement made during the
quarter ended March 2012
(January’12 to March’12)
Name of the Bank
No.
28
Pallavan Grama Bank
29
Punjab National Bank
30
31
Amount
7
34
143
1139
Punjab & Sind Bank
16
187
33
169
29
377
33
South Indian Bank Ltd.
State Bank of Bikaner &
Jaipur
State Bank of Hyderabad
183
2063
34
State Bank of India
3782
14484
35
State Bank of Mysore
72
707
36
State Bank of Patiala
22
168
37
State Bank of Travancore
219
3061
38
Syndicate Bank *
0
0
39
Tamilnadu Mercantile Bank
1361
4823
40
UCO Bank
118
1240
41
Union Bank of India
350
2542
42
United Bank of India
64
675
43
Vijaya Bank *
GRAND TOTAL
0
17009
0
93929.47
32
89
130th SLBC
AGENDA No: 9 (A)
GOLDEN JUBILEE RURAL HOUSING FINANCE SCHEME (GJRHFS)
The National Housing Bank has formulated the Golden Jubilee Rural
Housing Finance Scheme (GJRHFS) in August 1997 on the occasion of the
Golden Jubilee of India's Independence.
As per the feedback received from the member banks, 1931 loans
amounting to Rs.5096.64 lacs were disbursed under Golden Jubilee Rural
Housing Finance Scheme during the quarter ended March 2012 as shown
below:
Cumulatively 6526 loans amounting to Rs.15178.82 lacs have been
disbursed during the period from April 2011 to March 2012.
(Amount in Rs. Lacs)
Particulars
Scheduled
Castes
No.
Amt.
Total Loans
sanctioned during
the Quarter
352 849.55
Total Loans
disbursed during
the Quarter
352 849.55
Scheduled
Tribes
No.
Amt.
Others
No.
Amt.
Total
No.
Amt.
44 119.50 1538 4337.74 1934 5306.79
44 119.50 1535 4127.59 1931 5096.64
Member Banks are requested to furnish the details of housing loans
under Golden Jubilee Rural Housing Finance Scheme on quarterly basis to
SLBC.
90
130th SLBC
AGENDA No: 10
Educational Loans
A)
The details of educational loans granted by member banks are
furnished in the annexure.
As per the reports received, 138869 loans to the tune of Rs.1721.58
crores have been granted during the financial year 2011-12 of which
Engineering/Medical account for 100457 loans amounting to Rs.1102.75
Cr, 3832 loans for study in Abroad amounting to Rs.248.58 Cr and 34580
loans to Others, to the tune of Rs.370.25 Cr.
Out of 138869 Educational loans granted to the tune of Rs.1721.58
crores, SC/ST, Minority Communities & Women accounts for 18269 loans
amounting to Rs.232.49 Cr, 14722 loans amounting to Rs.235.30 Cr and
41450 loans to the tune of Rs.467.69 Cr respectively.
The following Banks who have not furnished the data on Educational Loans
as of March 2012 are requested to submit the same immediately.
Sl.
No.
1
2
3
4
Name of the Bank
Allahabad Bank
City Union Bank Ltd.
HDFC Bank Ltd.
Indus Ind Bank Ltd.
Sl.
No.
5
6
7
8
Name of the Bank
Lakshmi Vilas Bank Ltd.
Syndicate Bank
Tamilnad Mercantile Bank Ltd.
United Bank of India
The following Banks who have not furnished the break-up regarding
SC/ST, Minority & Women are requested to submit the data without fail.
Sl.
Name of the Bank
No.
1
HDFC Bank Ltd.
2 ICICI Bank Ltd.
Sl.
No.
3
4
Name of the Bank
J & K Bank Ltd.
Pallavan Grama Bank
Member Banks are requested to advise the progress made in granting of
Educational Loans promptly to SLBC and DCCs.
91
B)
As per the details received from the Member Banks the status of
loan applications received / sanctioned / rejected / pending are as
under:-
Loan Applications
Received
Education Loans
Sanctioned
No.
Amount
145938 191352.50
No.
Amount
138869 172158.16
(Amount in Lacs)
Loan
Loan
Applications
Applications
Rejected
Pending
No.
Amount
No.
Amount
4767 10886.85 2302
8307.49
Member Banks are requested to expedite disposal of the pending loan
applications.
92
PLEASE REFER DATA SHEET NO.9
93
PLEASE REFER DATA SHEET NO.9
94
130th SLBC
AGENDA No: 11
MICRO & SMALL ENTERPRISES (MSE) SECTOR
Credit flow to MSE Sector during 2011-12 is furnished in the annexure.
Credit flow to Micro and Small Enterprises amount to Rs.8035.60 Crores
& Rs.12822.38 Crores respectively.
The MSE disbursement made during the year 2011-12 is Rs.20857.98
crores compared to Rs.14555.82 crores disbursed during the last year
2010-11.
Member Banks’ attention is drawn to the directive of Reserve Bank of
India that the share of Micro Enterprises should be 55% by March 2012
and 60% by March 2013 and requested to enhance the share of micro
enterprises accordingly.
The share of Micro Enterprises in credit flow to MSE are furnished in
the annexure (Bankwise). The share of Micro enterprises for the quarter
ended March 2012 was to the extent of 38.53% Member Banks are
requested to enhance the share of micro enterprises to 60% during
2012-13.
95
PLEASE REFER DATA SHEET NO.10
96
130th SLBC
AGENDA No: 12
CREDIT FLOW TO WOMEN
Government of India and Reserve Bank of India have advised banks to
strengthen the credit flow to women and ensure that their share in Bank
Credit is increased to 5%.
The details of performance of the Banks in Tamil Nadu under credit flow
to women entrepreneurs as of March 2012 are furnished below:
S.No
1
2
3
4
5
6
*
PROGRAMME
SGSY
PMRY */PMEGP
SJSRY
DRI
MSE
OTHERS
TOTAL
N
EntEnterprises
(Amount in Rs. Crores)
Disbursement made
Outstanding position as
during the Quarter
of March 2012
ended March 2012
Accounts
Amount
Accounts
Amount
2044
487
344
1373
4599
109.72
7.05
1.97
2.19
124.31
144264
19717
26088
28336
165011
717.03
202.39
44.97
46.63
2804.56
341595
3140.68
4309835
31357.11
350442
3385.92
4693251
35172.69
PMRY was discontinued w.e.f 01.04.2008
At the level of Rs.35172.69 crores, advances to women constitute 9.35%
of total Bank credit as against the national norm of 5%.
97
130th SLBC
AGENDA No: 13
CREDIT FLOW TO MINORITY COMMUNITIES
As per the feedback received from the member banks, 460702 Loans
amounting to Rs.4017.51 crores were disbursed to Minority Communities
during the quarter ended March 2012 as shown below:-
Amount in Rs.Crores
Sl.
No.
Name of the
Community
Disbursement during the quarter ended
MARCH 2012 (Jan’12 to Mar’12)
All Banks
Account
Public Sector Banks
Amount
Account
Amount
1
Muslim
221565
1822.07
205222
1695.09
2
Christian
238696
2190.65
222736
2076.20
3
Sikh
172
2.20
167
1.92
4
Zorastrian
42
0.62
42
0.62
5
Neo Buddist
227
1.97
191
1.49
Total
460702
4017.51
428358
3775.32
The progress made by the banks in Tamil Nadu under credit flow to
Minority Communities as of March 2012 is furnished below:-
Amount in Rs.Crores
Sl.
No.
Name of the
Community
Outstanding Position as of
MARCH 2012
All Banks
Account
1
Muslim
2
Christian
3
Public Sector Banks
Amount
Account
Amount
969404
9110.55
647552
7394.67
1218396
10119.84
639691
7800.67
Sikh
799
23.55
691
20.54
4
Zorastrian
911
119.93
79
1.41
5
Neo Buddist
11657
24.06
789
9.27
Total
2201167
19397.92
1288802
15226.56
98
Ministry of Finance, Govt. of India has advised that the share of credit
flow to minority communities of Public Sector Banks (PSB) should be 15%
of the Priority Sector Advances. Accordingly the annual outstanding
target of credit to Minority Communities is Rs.16281 Crores. However
credit outstanding as on 31.03.2012 to minority communities by Public
Sector Banks amount to Rs.15226.56 Crores only. Public Sector Bank
wise outstanding credit to Minority Communities is furnished in the
annexure. The share of credit to minority Communities is 15% or more
only in respect of 5 PSBs. The other PSBS are requested to enhance the
share of credit to Minority Communities so as to attain 15%.
99
ANNEXURE
OUTSTANDING
ADVANCES
TO
SPECIFIED
MINORITY
COMMUNITIES BY PUBLIC SECTOR BANKS – MARCH 2012
(Amount Rs.in Crores)
S.N
O
NAME OF THE BANK
1
STATE BANK OF INDIA
2
PRIORITY
SECTOR
ADVANCES
AS ON
31.03.11
TARGET
(15% OF
PSA)
ACHIEVEM
ENT
% OF
ACHIEVE
MENT
23679.76
3551.96
3125.76
13.20
STATE BANK OF BIKANER & JAIPUR
188.44
28.27
11.95
6.34
3
STATE BANK OF HYDERABAD
550.78
82.62
81.23
14.75
4
STATE BANK OF MYSORE
680.22
102.03
31.47
4.63
5
STATE BANK OF PATIALA
251.86
37.78
13.26
5.26
6
STATE BANK OF TRAVANCORE
2193.97
329.10
1164.42
53.07
7
ALLAHABAD BANK
1001.96
150.29
20.28
2.02
8
ANDHRA BANK
800.03
120.00
115.47
14.43
9
BANK OF BARODA
3243.81
486.57
135.98
4.19
10
BANK OF INDIA
4403.59
660.54
385.11
8.75
11
BANK OF MAHARASHTRA
324.1
48.62
13.21
4.08
12
CANARA BANK
17264.95
2589.74
1913.21
11.08
13
CENTRAL BANK OF INDIA
3671.88
550.78
601.07
16.37
14
CORPORATION BANK
3510.14
526.52
249.82
7.12
15
DENA BANK
594.59
89.19
88.72
14.92
16
INDIAN BANK
13924.57
2088.69
2081.31
14.95
17
INDIAN OVERSEAS BANK
15241.33
2286.20
3619.43
23.75
18
ORIENTAL BANK OF COMMERCE
1003.47
150.52
52.26
5.21
19
PUNJAB NATIONAL BANK
2423.32
363.50
163.34
6.74
20
PUNJAB & SIND BANK
163.5
24.53
1.79
1.10
21
SYNDICATE BANK
3064.66
459.70
469.56
15.32
22
UCO BANK
2006.49
300.97
384.93
19.18
23
UNION BANK OF INDIA
3648.62
547.29
220.90
6.05
24
UNITED BANK OF INDIA
231.63
34.74
0.00
0.00
25
VIJAYA BANK
1469.5
220.43
131.11
8.92
26
IDBI BANK LTD.
3003.18
450.48
150.96
5.03
108540.35
16281.06
15226.56
14.03
TOTAL PUBLIC SECTOR BANKS
100
130th SLBC
AGENDA No:14
KISAN CREDIT CARD SCHEME (KCC)
Kisan Credit Card Scheme introduced in August 1998 has since stabilized
with major share of crop loans being routed through this scheme.
Reserve Bank of India has advised that investment credit requirements
of farmers viz. allied and non farm activities may also be covered under
the Scheme. All KCC Holders have to be covered under Personal Accident
Insurance Scheme (PAIS).
As per the progress report submitted by Member Banks, during the
period from April 2011 to March 2012, Banks in Tamil Nadu have issued
1822960 Kisan Credit Cards to the tune of Rs.13837.29 crores. The
details are furnished in the annexure.
Member Banks are requested to furnish the data to SLBC in time for
timely review.
101
PERFORMANCE OF BANKS UNDER KISAN CREDIT CARD SCHEME
FROM APRIL 2011 TO MARCH 2012
(Amount in Rs.Lacs)
Sl.
Name of the Bank
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
Allahabad Bank *
Andhra Bank
AXIS Bank
Bank of Baroda
Bank of India
Bank of Maharashtra
Canara Bank *
Catholic Syrian Bank Ltd.
Central Bank of India
City Union Bank Ltd.
Corporation Bank
Dena Bank
Dhanalakshmi Bank Ltd.
Federal Bank Ltd.
HDFC Ltd.
ICICI Bank Ltd.
Indian Bank
Indian Overseas Bank
Indus Ind Bank Ltd.
IDBI Bank Ltd. *
ING Vysya Bank Ltd. *
Jammu & Kashmir Bank Ltd.
Karnataka Bank Ltd.
Karur Vysya Bank Ltd.
Lakshmi Vilas Bank
Oriental Bank of Commerce
Pallavan Grama Bank
Pandyan Grama Bank
Punjab National Bank
Punjab & Sind Bank
South Indian Bank Ltd.
State Bank of India
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of Mysore
State Bank of Patiala
State Bank of Travancore
Syndicate Bank *
Tamilnadu Mercantile Bank Ltd.
TNSC Bank Ltd.
UCO Bank
Union Bank of India
Vijaya Bank
TOTAL
Crop Loans
No
Amount
415
326
300
236
365
2537
1454
1414
72050
37850
0
0
23978
17035
215
177
10707
5454
123
94
7379
15036
72
45
4
1
68
838
140
725
43874
20775
71293
43384
210980
450886
0
0
2205
1615
52
36
0
0
0
0
263
311
176
380
162
228
42852
22628
41338
8115
2144
2306
0
0
0
0
157345
94594
0
0
0
0
395
263
0
0
250
248
9982
6159
135
100
873546
237814
46230
42458
30889
11412
1535
11087
1652916
1036566
Term Loan
No
Amount
0
0
152
210
307
3765
106
159
47244
40225
0
0
48
187
0
0
0
0
246
190
0
0
31
40
126
19
6
137
54625
246947
0
0
505
756
23084
10645
0
0
34
273
65
37
0
0
0
0
11
76
0
0
0
0
14668
21898
0
0
0
0
0
0
0
0
1644
946
0
0
0
0
226
344
0
0
0
0
0
0
32
14
24991
10859
414
668
1235
1024
244
7744
170044
347162
Total
No
Amount
415
326
452
446
672
6302
1560
1573
119294
78075
0
0
24026
17222
215
177
10707
5454
369
285
7379
15036
103
85
130
20
74
975
54765
247672
43874
20775
71798
44140
234064
461531
0
0
2239
1888
117
73
0
0
0
0
274
387
176
380
162
228
57520
44525
41338
8115
2144
2306
0
0
0
0
158989
95540
0
0
0
0
621
607
0
0
250
248
9982
6159
167
114
898537
248673
46644
43126
32124
12436
1779
18831
1822960 1383729
Banks marked * not submitted the data for March 2012
102
AGENDA No: 15
130th SLBC
SELF HELP GROUPS (SHGs)
ACHIEVEMENT DURING 2011-12
The approved target for SHG credit linkage 2011-12 is Rs.4000 Crores
including the Non Mahalir Thittam Groups. Credit disbursement to SHGs
during the year ended 31.03.2012 amounted to Rs.4030.30 Crores
surpassing the annual target of Rs.4000 crores.
The District wise performance to Self Help Groups under Mathi (through
Tamil Nadu Women Development Corporation Ltd.) and Non-Mathi (direct
lending) as on 31.03.2012 is furnished in the Annexure,I.
TARGET FOR 2012-13
MD, Tamil Nadu Corporation for Development of Women Ltd has
advised that State Government has fixed SHG credit linkage target
of
Rs.4000 Crores for the current year (2012-13) and requested to
place the same as an agenda item in the SLBC Meeting.
District-wise Credit linkage Targets advised by TNCDW are
furnished in the Annexure II.
The forum is requested to deliberate and offer its views on the
suggested target as well as the strategies for achieving the same.
The nodal agency viz., TNCDW Ltd is also requested to furnish the
details like number of SHGs formed, graded and credit linked
cumulatively during the current year.
If accepted, the district-wise target will be forwarded to respective
DCCs for allocation among participating Banks at district level.
103
Annexure I
SHGs-Bank Credit linkage-District wise Performance – 2011-12
(As on 31.03.2012)
(Rs.in Crores)
Sl.
No.
District
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
Ariyalur
Chennai
Coimbatore
Cuddalore
Dharmapuri
Dindigul
Erode
Kancheepuram
Kanyakumari
Karur
Krishnagiri
Madurai
Nagapattinam
Namakkal
Nilgiris
Perambalur
Pudukottai
Ramnad
Salem
Sivagangai
Thanjavur
Theni
Thirunelveli
Thiruvallur
Thiruvannamalai
Thiruvarur
Thoothukudi
Tiruppur
Trichy
Vellore
Villupuram
Virudhunagar
Total
Mahalir Thittam
Target
Achvt.
31.00
27.31
164.00
165.51
86.00
73.65
96.00
88.84
115.00
77.45
49.00
50.88
65.00
61.21
135.00
166.60
106.00
75.36
49.00
54.78
70.00
85.33
80.00
85.63
70.00
70.81
50.00
43.28
24.00
24.56
18.00
18.32
55.00
55.24
44.00
50.33
90.00
90.49
67.00
62.67
83.00
77.11
102.00
106.05
142.00
150.23
85.00
83.64
95.00
106.93
54.00
55.01
63.00
78.85
38.00
29.62
69.00
84.69
113.00
116.47
128.00
117.36
64.00
68.25
2500.00 2502.46
%
88
101
86
93
67
104
94
123
71
112
122
107
101
87
102
102
100
114
101
94
93
104
106
98
113
102
125
78
123
103
92
107
100
Non - Mahalir Thittam
Target
Achvt.
%
6.00
4.22
70
57.00
57.42 101
37.00
58.21 157
24.00
18.77
78
171.00
210.11 123
46.00
54.37 118
21.00
25.46 121
41.00
18.46
45
60.00
41.90
70
17.00
7.97
47
292.00
285.32
98
44.00
45.41 103
25.00
25.26 101
9.00
5.43
60
22.00
23.73 108
4.00
3.89
97
31.00
32.81 106
36.00
37.32 104
84.00
83.89 100
27.00
30.53 113
43.00
49.06 114
74.00
72.41
98
68.00
73.08 107
26.00
29.89 115
47.00
39.84
85
21.00
16.31
78
23.00
9.72
42
13.00
19.84 153
17.00
16.01
94
36.00
36.91 103
45.00
61.68 137
33.00
32.61
99
1500.00 1527.84 102
104
Total
Target
37.00
221.00
123.00
120.00
286.00
95.00
86.00
176.00
166.00
66.00
362.00
124.00
95.00
59.00
46.00
22.00
86.00
80.00
174.00
94.00
126.00
176.00
210.00
111.00
142.00
75.00
86.00
51.00
86.00
149.00
173.00
97.00
4000.00
Achvt.
31.53
222.93
131.86
107.61
287.56
105.25
86.67
185.06
117.26
62.75
370.65
131.04
96.07
48.71
48.29
22.21
88.05
87.65
174.38
93.20
126.17
178.46
223.31
113.53
146.77
71.32
88.57
49.46
100.70
153.38
179.04
100.86
4030.30
%
85
101
107
90
101
111
101
105
71
95
102
106
101
83
105
101
102
110
100
99
100
101
106
102
103
95
103
97
117
103
103
104
101
Annexure II
SHGs – CREDIT LINKAGE TARGET FOR THE YEAR 2012-13
(Rs. in crores)
Sl.No. District
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Ariyalur
Chennai
Coimbatore
Cuddalore
Dharmapuri
Dindigul
Erode
Kancheepuram
Kanyakumari
Karur
Krishnagiri
Madurai
Nagapattinam
Namakkal
Nilgiris
Perambalur
Pudukottai
Ramnad
Salem
Sivagangai
Thanjavur
Theni
Thirunelveli
Thiruvallur
Thiruvannamalai
Thiruvarur
Thoothukudi
Tiruppur
Trichy
Vellore
Villupuram
Virudhunagar
Total
Credit Linkage Target
Mathi SHGs Non-Mathi SHGs Total Credit
Target
Target
Target
31.00
6.00
37.00
164.00
57.00
221.00
86.00
37.00
123.00
96.00
24.00
120.00
115.00
171.00
286.00
49.00
46.00
95.00
65.00
21.00
86.00
135.00
41.00
176.00
106.00
60.00
166.00
49.00
17.00
66.00
70.00
292.00
362.00
80.00
44.00
124.00
70.00
25.00
95.00
50.00
9.00
59.00
24.00
22.00
46.00
18.00
4.00
22.00
55.00
31.00
86.00
44.00
36.00
80.00
90.00
84.00
174.00
67.00
27.00
94.00
83.00
43.00
126.00
102.00
74.00
176.00
142.00
68.00
210.00
85.00
26.00
111.00
95.00
47.00
142.00
54.00
21.00
75.00
63.00
23.00
86.00
38.00
13.00
51.00
69.00
17.00
86.00
113.00
36.00
149.00
128.00
45.00
173.00
64.00
33.00
97.00
2500.00
105
1500.00
4000.00
130th SLBC
AGENDA No: 16
Progress Report on Economic Development Schemes implemented
by TAHDCO
The details of performance under various economic development schemes
implemented by TAHDCO during the financial year 2011-12 are furnished
in the annexure.
Member Banks are requested to actively involve themselves in the
implementation of these schemes.
106
PLEASE REFER DATA SHEET NO.11
107
130th SLBC
AGENDA No: 17
REVIEW OF NPA ACCOUNTS IN PRIORITY SECTOR LENDING –
DECEMBER 2011
The position of NPA under categories of Priority Sector Advances as on
December 2011 is furnished below.
NPA POSITION AS ON December 2011
S No.
Particulars
(Rs in Crore)
1
NPA in Housing loans
2
3
4
NPA in Education loans
NPA in Agriculture Loans
NPA in Loans to MSE
5
NPA in Loans under Weaker
Section of Priority Sector Lending
6
NPA in over all Priority Sector
Lending
% of NPA
758.63
3.56%
793.52
2749.67
2827.68
6.37%
3.90%
5.21%
1182.35
8157.49
2.57%
5.05%
It is observed that the percentage of NPA has increased under all categories
over March 2011.
It is also observed that NPA position under all categories is on the increase
every quarter. NPA under Priority Sector as of December 2011 has gone upto
5.05% from 4.71% during September 2011 quarter. DCCs are also requested to
review NPA position every quarter and coordinate recovery drive with the help
of District Administration.
The State Government is requested to consider invocation of Revenue Recovery
Act to improve recovery, as done in the neighbouring State of Kerala.
108
Bank-wise data on NPA in Housing Loans, Education Loans, Agriculture loans,
MSE, Weaker Sections & Total Priority Sector Lending as of 31st December,
2011 is furnished in the annexure. The following Banks who have not furnished
the data on NPA as of December 2011 are requested to submit the same
immediately.
Sl.
No.
1
2
3
4
Name of the Bank
State Bank Of Travancore
Vijaya Bank
Catholic Syrian Bank
City Union Bank Ltd
Sl.
No.
5
6
7
8
109
Name of the Bank
Indus Ind Bank Ltd.
Kotak Mahindra Bank Ltd.
Lakshmi Vilas Bank Ltd.
South Indian Bank Ltd.
PLEASE REFER DATA SHEET NO.12
110
PLEASE REFER DATA SHEET NO.12
111
130th SLBC
AGENDA No: 18
Success Story
One of the recommendations of the High Level Committee on Lead Bank Scheme
is “Success stories could be presented in DCC/SLBC meetings to serve as
models that could be replicated.
The Success Story received from Indian Overseas Bank, Tuticorin Region,
Chidambara Nagar branch, Segment: Agriculture/SHG Name:Mangalam Thamira
Sangam.
Success story of IOB, Chidambara Nagar branch:
Grow and Let Others Grow
Self Help Group Mangalam Thamira Sangam is having Savings account at
Tuticorin Chidambara Nagar Branch of IOB which the group is operating
successfully for the past three years. They are procuring milk from members
of the same group and also from the farmers of the adjoining villages for
supplying to Aavin. The SHG group is earning about Rs.10 lacs per month and the
proceeds are routed through the SHG groups SB account.
Seeing the past dealing, IOB, Tuticorin Chidambara Nagar Branch has granted
loan for purchase of the milch animals to 165 farmers who are supplying milk to
the SHG. All these farmers are Below Poverty Line. Today the SHG is proud to
say that Indian Overseas Bank has raised the economy and standard of living of
members of the SHG as well as the Below Poverty line farmers.
IOB not only provided loan facilities but also covered the loan under Dairy
Entrepreneurship Development Scheme, as a result of which, the beneficiaries
were able to get subsidy from NABARD for purchase of milch animals.
The group is proud to say that they have grown with their relationship with
Indian Overseas Bank. They believe that this is a typical story of success where
the SHG members got benefited, in the process the Below Poverty Line
population of Dairy farmers of the locality also got the benefit. All with timely
credit from a helpful bank IOB.
112
130thSLBC
Table Agenda
1. Opening of Branches/ATMs
Some Hon’ble Members of Parliament have requested opening of
branches/ATMs at the following centers in the state.
Their requests
addressed to PM, FM etc; were duly forwarded to SLBC by the Ministry of
Finance for necessary action.
Banks may please consider branch opening /installation of ATM at the following
centers in terms of the strategies & guidelines on financial inclusion issued by
Ministry of Finance, Government of India. The LDMs are advised to allot the
villages to the banks in their districts.
Representation for Branch Opening
Sl No
District
Lead Bank
Villages for Branch Opening
1
Cuddalore
Indian Bank
Thittakudi
2
Kancheepuram
Indian Bank
Pozhicalur
3
Krishnagiri
Indian Bank
Velampatti
4
Tiruvanamalai
Indian Bank
Kalambur
5
Villupuram
Indian Bank
6
Ramanathapuram
Indian Overseas Bank
7
Sivagangai
Indian Overseas Bank
8
Thanjavur
Indian Overseas Bank
Athivetti
9
Tiruvarur
Indian Overseas Bank
1. Ullikkotti
2. Idumbuvanam
10
Tirunelveli
Indian Overseas Bank
Sundarpandiyapuram
11
Tiruppur
Canara Bank
Vellakovil
12
Coimbatore
Canara Bank
Karumbukkadai
Representation for Installation of ATM
Sl No
Lead Bank
District
1.Nagalur, 2.Ayandur
3.Athiyur, 4. Nagalur
1. Yerwadi Dargh,
2. Puthuvalasai
1. Mithalipatti,
2. Okkupatti
Place for ATM Installation
1
Cuddalore
Indian Bank
Bhuvanagiri,
2
Vellore
Indian Bank
SBI ATM at Panapakkam
3
Ramanathapuram
Indian Overseas Bank
113
Yerwadi Dargh
130thSLBC
Table Agenda
2. Tamil Nadu Government’s Old Age Pension Scheme:
The Tamil Nadu Government’s Old Age Pension Scheme is being extended to all
villages with population above 2000, which were covered by Banks under
Financial Inclusion. A detailed agenda was placed in the 129th Meeting of SLBC.
The process of opening of accounts of the beneficiaries, capturing of
biometrics and issuance of Smart Cards must be completed by 30th of June,
2012.
Principal Secretary / Commissioner Revenue Administration, Government of
Tamil Nadu reviewed the position in two meetings conducted on 15.05.2012 and
21.06.2012 respectively. Banks were found to have covered only 60% of the
villages so far and were advised to complete the issuance of smart cards to all
the beneficiaries in the villages covered by them so that pension for the month
of June can be paid through Business Correspondents during the first week of
July. The Principal Secretary advised the bankers to expand the coverage
village by village so that payment of pension can start in such of the villages
where all pensioners are covered.
Member banks who are implementing the scheme are advised to launch special
campaigns to complete coverage of their allotted villages, well within the
stipulated time. The Government of Tamil Nadu had given sufficiently early
information to Banks and the timeline of June 2012 was fixed in consultation of
the bankers. Moreover this is part of the e-payment scheme directed by the
Ministry of Finance, Government of India. It is a very important assignment
which cannot be deferred.
114
130thSLBC
Table Agenda
3. Mahatma
(MGNREGS)
Gandhi
National
Rural
Employment
Generation
Scheme
On 14.10.2011 it was decided in a meeting held at the office of the
Commissioner of Rural Development that the MGNREGS wages would be directly
credited electronically to the accounts of the beneficiaries by the nodal
branches of the banks located in Chennai.
Now SLBC is informed that in some districts, the Village Panchayat Presidents
deposit cheques in the branches, asking them to credit the amount to numerous
accounts. It is also reported that in some cases the Panchayat Presidents
deposit huge amounts of cash for credit of accounts of many beneficiaries
after which cash withdrawals are demanded on the account. This is not in line
with the principles and procedures of Electronic Benefit Transfer.
The e-payment norms of the Ministry of Finance envisage discontinuance of
cheques so that credits would be only through ECS. Depositing of cash to enable
withdrawal of cash on the spot is also not in keeping with the e-payment norms.
Hence it is requested that the State Government channelize the MGNREGS
payment only through ECS as in the case of the Old Age Pension Scheme.
The members are requested to deliberate on this issue.
115
130thSLBC
Table Agenda
4. Detection of Counterfeit Bank Notes –Revised Procedure Advised by RBI:
SLBC placed a detailed agenda in its 127th Meeting held on 16.09.2011 along with
the detailed circular issued by Reserve Bank of India dated 25.07.2011 and
requested all the member banks to submit monthly progress report in the
following format:
Particulars of the Date of detection
tenderer
Denomination
pieces
or Security features
breached
SLBC requested the member banks vide their letter 09.05.2012 and also vide
their reminder letter dated 18.05.2012 to submit the above progress report.
The member banks were also reminded over phone for submission of the report.
SLBC received the data only from the following banks:
1) Bank of India 2) Bank of Maharashtra 3) Canara Bank 4) IOB 5) State
Bank of Hyderabad 6) State Bank of Travancore 7) City Union Bank
Limited 8) HDFC Bank Ltd 9) Karnataka Bank Ltd 10) Karur Vysya Bank
Ltd 11) South Indian Bank Ltd 12) Tamilnad Mercantile Bank Ltd 13)
Pandyan Grama Bank
SLBC submitted the first report to RBI for the month of April,2012 on
08.06.2012. The member banks are requested to submit the progress report
before 5th of every succeeding month. A –NIL- statement to be submitted if
there is nothing to report.
116