68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
CALENDER OF NEXT SLBC MEETINGS DURING THE CALENDER YEAR 2012
Sr.
No.
1.
Quarter Ended
September 2012
Date of Meeting
14/11/2012
******
1
Cut Off Date for Receipt of Data
at SLBC Department
15/10/2012
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
KEY INDICATORS
(Rs. in crore)
S.NO.
ITEMS
1.
DEPOSITS
546054.85
590312.08
582344.59
2.
A) ADVANCES
482937.99
555821.08
542710.53
605.36
2798.70
602.71
88.44
88.55
94.16
94.63
93.19
93.30
63572.47
65623.35
64136.44
13.16
11.81
11.82
13162.35
13415.70
12213.45
2.73
2.41
2.25
31398.54
33428.63
32996.34
49.39
50.94
51.45
6.50
6.01
6.08
3775.24
3738.30
3803.68
5.94
5.70
5.93
13.20
16.64
16.75
0.002
0.003
0.003
7847.88
7259.50
8297.20
12.34
11.06
12.94
3620.28
4261.25
4441.16
5.69
6.49
6.92
107
116
120
75
47
42
METROPOLITAN
2187
2381
2390
TOTAL BRANCHES
2369
2544
2552
JUNE 2011
B) INVESTMENTS
3.
A) CD RATIO
B) C+I:D RATIO
4.
PRIORITY SECTOR ADVANCES (PSA)
5.
% PSA TO TOTAL ADVANCES
6.
AGRI. ADVANCES
7.
% AGRI.ADVS. TO TOTAL ADVS.
8.
MICRO & SMALL ENTERPRISES
9.
%AGE
OF MSE
ADVS. TO PSA
ADVANCES
(MSE)
%AGE OF MSE ADVS. TO TOTAL ADVS.
10.
ADVANCES TO WEAKER SECTION
11.
% WEAKER SECTION ADVS. TO TOTAL PSA
12.
13.
DRI
PSA ADVANCES
% DRI ADVANCES TO TOTAL ADVANCES
14.
ADVANCES TO WOMEN
15.
%WOMEN ADVANCES TO PSA
16.
ADVANCES TO MINORITIES
17.
% MINORITIES ADVANCES IN PSA
18.
BRANCH NET WORK
RURAL
SEMI URBAN
2
MARCH 2012
JUNE 2012
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 1
CONFIRMATION OF MINUTES OF THE 67th STATE LEVEL BANKERS’
COMMITTEE MEETING FOR THE QUARTER ENDED MARCH 2012 HELD ON 14TH
MAY 2012
MINUTES OF THE MEETING
The 67th SLBC Meeting of Delhi State, for the quarter ended March 2012, was held on
14th May, 2012 at Hotel 'Le-Meridian', New Delhi. The meeting was chaired by Shri S.
C. Sinha, Executive Director, Oriental Bank of Commerce and attended by the
representatives of Ministry of Finance, Govt. of India, Govt. of NCT of Delhi, Reserve
Bank of India, NABARD, NHB and member banks as per the list placed at Annexure-1.
Smt. Vidyavati Rudra, General Manager, Oriental Bank of Commerce welcomed Shri
S.C. Sinha, Executive Director, OBC, Shri Chandan Sinha, Regional Director, RBI, Dr.
Tarsem Chand, Director, Ministry of Finance, Govt. of India, Ms. Sonali Sen Gupta,
General Manager, RBI, Shri R.K. Ahuja, Dy. Secretary(Finance), Govt. of NCT of Delhi,
Ms. Joan R. Blah, AGM, NABARD and other officials from various departments and
member banks.
Smt. Rudra informed the House that she has recently joined New Delhi Regional Office
of OBC as Regional Head and after transfer of Sh. Atul Gautam, she has taken over as
SLBC Convenor.
Smt. Rudra stated that CD ratio of the State has gone up to 93.41%, witnessing an
increase by 626 bps over March, 2011 with a growth in both deposits and advances.
CD Ratio of Delhi Rural has increased from 71.51% as on March, 2011 to 126.60% as
on March, 2012. The Priority Sector Advances have increased by Rs. 2350 crores
during this period. However, their percentage to Total Advances has decreased from
14.49% as on March, 2011 to 12.61% as on March, 2012. During 2011-12, advances
under MSE Sector have increased by Rs. 7397 crores and advances under MSME
Sector have increased by Rs. 10657 crores. As regards Financial Inclusion Plan 107
villages out of allotted 110 villages have been covered as on 31st March, 2012.
Smt. Rudra concluded her address by requesting Shri S.C. Sinha, Executive Director,
Oriental Bank of Commerce to preside over the Meeting and deliver Key Note Address.
ADDRESS BY SH. S.C. SINHA, EXECUTIVE DIRECTOR, OBC
Shri S.C. Sinha welcomed Shri Chandan Sinha, Regional Director, RBI, Dr. Tarsem
Chand, Director, Ministry of Finance, Government of India, officials of the State Govt.,
RBI, NABARD, fellow bankers and all present and stated that this is the second meeting
after OBC took over the responsibility as a convener bank of SLBC, Delhi. Shri Sinha
3
conveyed sincere thanks on behalf of SLBC forum for the contributions made by Shri
Nagesh Pydah, Ex-Chairman, OBC for successfully holding 66th SLBC meeting of Delhi
State. He conveyed special thanks to all the member banks for supplying required data
in time and requested them to ensure timely submission of correct data in future also.
Shri Sinha introduced Shri B. N. Jha, DGM, Oriental Bank of Commerce and informed
the House that Shri Jha has recently joined SLBC Cell in Delhi.
Shri Sinha stated that this meeting is being held in the back drop of reduction of 50
basis points in the Repo Rate by Reserve Bank of India in Monetary Policy on 17 th
April, 2012 in order to revive economic growth. Home sales, on a declining path for
many quarters in key markets such as the National Capital Region (NCR) and Mumbai,
are expected to get a boost after the Central Bank’s cut of Repo Rates by 50 basis
points. The Governor, RBI has projected aggregate deposits of Schedule Commercial
Banks to grow by 16% and non- food credit of Schedule Commercial Banks to grow by
17% during 2012-13.
Shri Sinha informed the House that the number of bank branches in Delhi has
increased to 2544 as on 31.03.12 from 2473 as on 31.12.2011. The total business of
the banks has increased to Rs.11,38,683 crores from Rs. 10,43,437 crores during the
same period indicating an increase of 9.13% on quarter to quarter basis whereas year
to year growth in business is 14.68%. CD ratio of the State has gone up to 93.41%.
However, the lending to Priority Sector has lagged and is only 12.61% of Total
Advances against the norm of 40%, Shri Sinha urged all the banks to take pro-active
steps to augment lending under the segments of national importance.
Shri Sinha stated that Delhi has various industrial clusters predominantly for Micro,
Small & Medium industries which are source of livelihood for a large number of
populace. There is an urgent need to extend financial help to micro enterprises,
particularly in service sector which provide good potential for Priority Sector Lending.
Other areas which provide ample opportunity for Priority Sector Lending are housing
loans to eligible customers and education loans to students. Shri Sinha requested that
all the banks should make use of the available opportunities and ensure that Priority
Sector Advances show remarkable increase.
Shri Sinha mentioned that there are a number of self-employed persons engaged in
unorganised sector who are located in close proximity of the branches of the banks.
Shri Sinha called upon to ensure that all such persons are provided financial services
adequately. Shri Sinha stated that there are a large number of migrant labourers who
are in need of savings accounts and cost effective remittance services. He appealed to
all the banks to voluntarily adopt clusters of such labourers for financial inclusion to
provide formal remittance structure.
Shri Sinha stated that budget under ACP should be achieved each quarter to ensure
sustained economic growth in the State. Mentioning that there was low achievement of
65.13 % under ACP 2011-12, he stated that it requires renewed efforts on the part of all
of us to expedite credit dispensation as per the Credit Plan for 2012-13. He requested
all the banks to make efforts to achieve targets
.
4
Shri Sinha expressed pleasure that out of 110 villages identified for coverage under
financial inclusion plan, 109 have been provided banking services as on date. He further
advised IDBI Bank to ensure that the lone left village, Nithari, is provided banking
services immediately so that coverage is 100 per cent in Delhi. He further stated that
BCAs should be equipped to carry out all functions, including offering micro insurance
and asset insurance so as to use them as Business Facilitators. Shri Sinha expressed
confidence that all the banks are following guidelines of Government of India on setting
up of Ultra Small Branches and an officer from the base branch is visiting the allotted
village on a predetermined time and day in true spirit.
Shri Sinha informed the House that Hon'ble Finance Minister in his budget speech
announced extending "Swabhiman" campaign to habitations with population of more
than 1000 in North Eastern & hilly States and to other habitations which have crossed
population of 2000 as per census 2011. These villages are to be provided Banking
Services in 2012-13. He requested the Lead Bank to hasten the process of identifying
and allot such villages at the earliest among member banks and urged banks to initiate
immediate actions to cover additional villages which have crossed population of 2000 as
above so that banking services can be extended in these villages well before stipulated
time line.
Shri Sinha further informed the House that Department of Financial Services, Ministry
of Finance in coordination with National Informatics Centre has developed a web based
software to capture information like number of bank branches, ATMs, Business
Correspondents, Clearing Houses, Currency Chests etc. in the State, District, Sub
District, Village/Town. The information is being captured to make a comprehensive
information pool of Bank Details accessible through GIS to enable decision makers in
planning for expansion of e-infrastructure of the banks by highlighting the pockets of the
hinterland which are yet to have access to these facilities. The responsibility of entering
the information has been laid upon Lead Bank. He requested all the member banks to
provide required information on urgent basis.
Shri Sinha observed that public awareness camps on banking services go a long way in
educating masses and bringing about financial inclusion and requested all the banks to
launch such awareness camps in every village/wards/ labour camps. He also requested
FLCCs operating in Delhi area to make use of their offices and spread financial literacy
among rural and urban masses on a campaign basis. Noticing that implementation of
PMEGP and SJSRY Schemes is beset with two hurdles, high rejection rate and high
pendency of applications, Shri Sinha requested that 144 applications under PMEGP
and 151 under SJSRY pending with banks since previous fiscal be disposed of
immediately.
Shri Sinha opined that special categories of borrowers like women, minority
communities, SCs/STs, weaker sections and physically challenged persons deserve
preferential treatment. Stating that there is a big gap in mandated share of lending to
each of these categories, he requested to adopt mission mode to finance such
beneficiaries in order to ensure that these special/disadvantaged group of customers
receive their mandated share in total credit.
5
Shri Sinha informed the House that a Scheme for relief, revival and rehabilitation of
Handloom Sector has been implemented by the Govt. He requested all the banks to
identify the eligible beneficiaries under the Scheme and extend the package of relief as
per guidelines and provide further finance to the beneficiaries.
Shri Sinha mentioned that DFS has taken initiative to promote e-payment in 32 Govt.
Schemes. He requested both, banks and the State Govt, to switch over to e-payment
for distribution of benefits under various social benefit Schemes as it brings
transparency and benefits exchequer as well as target groups. He also requested
banks to create awareness among masses for e-remittances like NEFT/RTGS.
He further brought to the notice of the State Govt. representative that a draft
Recovery Act for Delhi was submitted by SLBC forum in August 2010 which
awaits its promulgation. He requested for expediting the matter.
Shri Sinha concluded his speech by thanking all for sparing their valuable time and for
being present in the meeting to deliberate on various issues. He acknowledged
contribution made by all the banks towards economic growth of the State.
ADDRESS BY DR. TARSEM CHAND, DIRECTOR, DFS, MINISTRY OF FINANCE,
GOVT. OF INDIA
Dr. Tarsem initiated his address by wishing all and thanking Shri S.C. Sinha for his
opening remarks and for presenting overview of position of banking in Delhi.
Dr. Tarsem stated that SLBC is a unique mechanism where Bankers, RBI, State Govt.,
Union Govt., NABARD and other agencies come together to resolve various banking
issues, deliberate on the future agenda, in order to know the pitfalls and remove the
difficulties encountered in the business. He informed the House that in order to review
the implementation of Government’s Financial Inclusion Plan, Department of Financial
Services, Ministry of Finance alongwith Oriental Bank of Commerce conducted two
special SLBC meetings in the State in the office of Oriental Bank of Commerce, which
was attended by all SLBC member Banks and message for achievement of various
targets as per the timeline was given in the meetings.
Dr. Tarsem further informed that a proforma was devised and circulated among all the
banks by the Government of India which required furnishing of information like total
number of villages under FIP which were to be covered. He praised the banks for
covering 109 out of 110 allotted villages. Dr. Chand stated that it must be ensured that
Bank Officers have been earmarked for visiting the designated places and officers have
started visiting the villages as per the defined schedule.
Dr. Chand touched upon the issue of Electronic Fund Transfer and stated that EBT
implementation is an important issue and the Government has already decided that 32
Schemes are to be covered through EBT. He further informed the House that Oriental
Bank of Commerce has written to Govt. of NCT of Delhi regarding implementation of
EBT on 3rd March, 2012 and requested the representative from Govt. of NCT of Delhi
to inform the House about status of the same.
6
Dr. Tarsem observed that Private Banks have shown zero percent performance in ACP
and requested that they should explain the reason for same. There is a sharp decline of
10% in percentage of Agriculture Advances to Priority Sector Advances.
Dr. Chand concluded his speech by advising that clear cut timelines should be decided
for implementation of Schemes like EBT and the same should be informed to SLBC
and Government of India in order to get positive and timely result.
ADDRESS BY SH. CHANDAN SINHA, REGIONAL DIRECTOR, RBI
Shri Sinha started his speech by wishing Shri S.C. Sinha, Executive Director, OBC Dr.
Tarsem Chand, Director, DFS, Ministry of Finance, Govt. officials, fellow bankers and
other functionaries.
Shri Sinha expressed happiness on starting on a positive note that data from all the
member banks have been received in time and no repetition of data has been made. He
hoped that it will continue in future also. He stressed upon the importance of system
based extraction of data and stated that it will not only help in monitoring the
performance by SLBC but also in the area like sick units. He further stated that the
movement to system based identification will result in automatic and painless
generation of data of better quality and integrity.
Shri Sinha hoped that EBT implementation in Delhi will not be a challenge considering
the wide banking coverage available here.
Shri Sinha expressed concern on performance under ACP and stated that the targets
for the current financial year are less as compared to previous financial year. Shri Sinha
stated that as the landscape changes we have to redraw our strategies. He said that
there is ample scope for advances to MSE sector in Delhi.
He further noted that two FLCCs are performing in Delhi and there is commitment from
Union Bank of India and SBI for opening of new FLCCs. He suggested that OBC being
a SLBC convenor Bank and a dominant bank in Delhi should also consider opening one
FLCC.
Shri Sinha stated that performance in Priority Sector is low in the State and it is difficult
to understand how a large banking system in the State fails to achieve the target.
Reviewing the performance of KCC, Shri Sinha desired that NABARD should provide
some sort of input regarding total potential of KCC . This will help in setting targets and
then progressively we could break it down to yearly targets and achieve it in a year or
two. He hoped that NABARD is having data on the number of farmers who are engaged
in agricultural activities in Delhi.
Shri Sinha further stated that now there will be one more area where SLBC will have
new responsibility and that is with regards to counterfeit notes. For counterfeit notes
there are other committees especially the State level security committee which actually
reviews the position. The procedure of filling FIR has already been rationalized and
7
nodal police station has been identified for around 30 banks. Smaller banks are also
being covered in current year. He expressed deep concern on high detection and
seizure of fake currency notes in Delhi after Maharashtra notwithstanding the fact that it
is not a border State. Shri Sinha expressed concern on the fact that detection and
reporting of fake notes seem to happen in only few banks which means that other
banks are not impounding the fake notes on detection and it is not being reported. He
re-iterated that machines should be installed in the branches and all notes which are
received should be got processed through it so that suspected notes are found
separately. He stated categorically that the forged note can not go back to the system
and its impounding by the branch and reporting the same to RBI is mandatory.
Shri Sinha further stated that banks should also ensure that only sorted notes are fed in
the ATMs. Shri Sinha concluded his speech with this.
MS. SONALI SEN GUPTA, GM, RBI
Ms. Sonali Sen Gupta informed the House that during the DCC meeting held on 7 th.
May, 2012, ACP targets for the
year have been decided in consultation with the
banks. She expressed hope that since the targets have been accepted by the banks,
the achievement under ACP would be better during the current financial year. She
further stated that since almost villages have been covered under FIP, banks should
concentrate on increasing number of No-Frills accounts and offering other banking
services to these villages.
Ms. Sonali further informed that banks are required to submit the region wise Financial
Inclusion data, which has been received from only three banks. She requested
remaining banks to respond to the issue within next 15 days. She advised the banks to
inform RBI about all the awareness drives that are being undertaken by them.
Ms. Sonali Sen Gupta appreciated the efforts of Oriental Bank of Commerce for timely
collection and compilation of data and its quality. She requested all banks to proactively
provide the data in time. Ms. Gupta concluded her speech with this.
MS. JOAN R. BLAH , AGM, NABARD
Ms. Blah informed the House that during a recent study by NABARD it has been
observed that agriculture is being done at good scale in Alipur and Najafgarh blocks of
Delhi but farmers are not aware of KCC and there is problem in land records. She
suggested that SLBC should request the Govt. of NCT of Delhi for computerization of
land records.
Ms. Blah further requested all the banks to inform SLBC about formation of JLGs by
them.
Ms Blah informed the House that Govt. of India has set Dec, 2012 as deadline for
completion of all the works related to revival of Handloom sector.
8
Ms Blah apprised the House of Integrated Handloom Development Scheme and
informed that communication regarding the same has been sent to all the banks.
SH. R K AHUJA, DY. SECRETARY, GOVT. OF NCT OF DELHI
Sh Ahuja wished all present and informed the House that during a meeting of Govt.
officials of NCT of Delhi held on 01st March,2012, it was decided that till the time
decision is taken on proposed Recovery of Monies Bill Act, the present Recovery of
Monies Bill Act may be used by the banks for recovery of their advances and the
difficulties faced may be informed to Revenue Department of Govt. of NCT of Delhi,
which shall provide all possible assistance. He further stated that the thinking on the
proposed Recovery of Monies Bill Act is going on.
As regard automation of State Treasuries Sh. Ahuja stated that the Govt. of NCT of
Delhi is already having all electronic facilities, its offices are electronically linked and
they are working on Integrated Accounting Management Plan which will be completed
within six months period and it will further make more interface with the banks.
Speaking on Electronic Benefit Transfer Scheme, Sh. Ahuja informed the House that all
disbursements of Govt. of NCT of Delhi are being done through banks and they are
using smart cards and no money is being given in cash. He further informed that every
department of NCT of Delhi has a specific Scheme to cater to the need of the respective
category. So he proposed a meeting between different departments of Govt. of Delhi
and banks for finalization of modalities of One District-One Leader Bank- Many Banks
approach.
SH. B. N. JHA, DGM, ORIENTAL BANK OF COMMERCE.
Shri Jha welcomed all present and informed the House that he has recently joined
SLBC Cell of OBC. He informed that data from all the banks has been received and
there is no repetition of data in the Agenda Book. He congratulated all member banks
for the same and requested that data is to be provided accurately and within time limit.
He requested all the Controlling Heads present in the meeting to ensure the same in
future also.
Shri Jha reviewed the performance of SLBC Member Banks for the quarter ended
March 2012 and covered the following points:
AGENDA WISE DISCUSSION
CONFIRMATION OF MINUTES OF 66TH SLBC MEETING.
Sh. Jha stated that the minutes of 66th SLBC meeting were already sent to all
concerned. Since no suggestions were received, the minutes are taken as confirmed.
9
ACTION POINTS OF 66TH SLBC MEETING.
Sh. Jha informed the House Action Points that emerged in 66 th Meeting and Action
Taken on the same. He informed that House that the matter of Enactment of Public
Monies Recovery Act is still pending. He requested Govt. of NCT of Delhi to expedite
the same. All SLBC Member Banks were requested to increase Priority Sector Lending
and IDBI Bank was requested to cover the only remaining village “Nithari” under FIP
immediately.
C D RATIO: (BENCH MARK 60%)
Sh. Jha informed the House that CD Ratio of all banks taken together has increased
from 87% as on 31/03/2011 to 93% as on 31/03/2012. CD Ratio of Delhi Rural has
increased from 72% to 127% during the same period. Shri Jha requested all the banks
to further improve the same.
FINANCIAL INCLUSION (FI)
Sh. Jha informed that: 110 villages were to be covered in Delhi State under FIP by 31/03/2012. 107
villages were covered by concerned banks up to 31/03/2012. 2 villages have
been covered by DSCB in April, 2012. Only one village is now left for coverage
under FIP. IDBI Bank assured to cover the village by June, 2012.
 Ultra Small Branches As per Government guidelines Ultra Small Branches are
to be opened in all villages which are covered by BCAs and where opening of
regular brick and mortar branch is not feasible presently. Shri Jha requested all
the member banks to open Ultra Small Branches at the earliest.
 Visits to Allotted Villages Shri Jha requested all the banks to inform SLBC the
name and designation of the officials designated for visiting the allotted villages
alongwith day and time specified for the visits.
 Geographical Information System Shri Jha requested all the banks to send the
information as desired by the Lead District Manager immediately and LDM to
expedite the work.
 Electronic Benefit Transfer (EBT) Scheme Shri Jha requested Delhi Govt. to
designate some officials for implementation of the Scheme and inform contact
details of such officials to SLBC Convenor.
ACHIEVEMENT UNDER ANNUAL CREDIT PLAN DURING 2011-12
Shri Jha informed the House that only 65.13% of overall ACP targets have been
achieved and stated that the ACP targets for the financial year 2012-13 have been fixed
keeping in view the potential in the State. He requested all concerned banks to ensure
100% achievement of targets.
10
Representative from HDFC Bank informed the House that since all the processing for
advances is done centrally in his bank, the figures for ACP achievement of HDFC Bank
in Delhi State could not be reported. Ms. Sonali Sen Gupta advised representative from
HDFC Bank to ensure to provide the figures within time to SLBC as ample time is given
to banks for submission of data. She further suggested that some other banks were also
facing similar problem earlier but they developed some system to overcome the issue
and HDFC Bank should follow the same.
PRIORITY SECTOR LENDING
Sh. Jha informed the House that the Priority Sector Advances have increased by Rs.
2350.42 crores during the year 2012-13 and by Rs. 8095.91 crores over the last
quarter. However, due to comparatively higher increase in Total Advances, the
percentage of Priority Sector Advances to Total Advances has decreased to 12.61% as
on 31/03/2012 as compared to 14.49% as on 31/03/2011. 8 banks have reported
decline of more than 500 crores. These banks have reported that the repayment in big
Priority Sector Loan Accounts has been the main reason of decline. One Bank has
reported re-classification of advances by RBI to be one of the reasons of decline in
Priority Sector Advances.
The advances under Education Loan Scheme have decreased by Rs. 27.29 crores over
the year. However, advances to SC/STs have increased by Rs. 242.51 crores over the
year. All the banks were requested to increase Priority Sector Advances.
AGRICULTURAL ADVANCES
Total Agriculture Advances have decreased by Rs.6300.72 crores during the year 201213 and increased by Rs. 3477.17 crores as on 31/03/2012 over the last quarter.
Agriculture Advances stood at 2.83% of Total Advances as on 31/03/2012 as compared
to 4.72% as on 31/03/2011. The major decline in Agriculture Advances has been
reported by Allahabad Bank, Central Bank of India, Indian Bank, Union Bank of India
and HDFC Bank. The reason of decline has been informed to be repayment in big
Agriculture Loan Accounts
MICRO, SMALL & MEDIUM ENTERPRISES (MSME) ADVANCES :
Sh. Jha informed the House that Advances under MSE Sector have increased by
Rs.7396.80 crores over the year. Advances under MSME Sector have increased by
Rs.10657 crores over the year. Amount under CGTMSE Scheme has increased by
200.31 crores during the year.
Sh. Jha requested all banks to increase MSME Advances particularly MSE Advances.
HOUSING FINANCE
Sh. Jha informed the House that Direct Housing Finance has increased by Rs.4387.71
crores over the year. Indirect Housing Finance has gone down by Rs. 1940 crores over
11
the year. Total Housing Finance has increased by Rs.2448 crores over the year. He
requested all banks to increase Housing Finance.
The continuation of 1% Interest Subvention Scheme has been proposed in the Union
Budget 2012 for the financial year 2012-13. Dr. Tarsem Chand informed the House
about the benefits of the Scheme. Shri Jha requested all banks to generate more public
awareness about the benefits of the Scheme and ensure vigorous implementation of the
same.
PMEGP/SJSRY:
Sh. Jha informed that against a target of 304 projects, 294 loans have been sanctioned
and 229 loans have been disbursed up to 31.03.2012 under PMEGP. This is a welcome
improvement as compared to the last quarter figures. He requested all the banks to
dispose of all pending application and achieve the targets.
Under SJSRY Scheme, against 698 applications received, only 176 applications have
been sanctioned and 110 applications have been disbursed. 151 applications were
pending as on 31.03.2012. Shri Jha requested all concerned banks to immediately (i)
disburse the sanctioned loans and (ii) dispose of all pending applications
Shri S.P. Singh, Director, KVIC showed concern on the performance under PMEGP
Scheme and requested the banks to achieve the target.
Ms. Sonali Sen Gupta informed the House that during DCC meeting few banks raised
the issue of non-receipt of subsidy under SJSRY Scheme. Ms. Vandana Singh from
Mission Convergence informed the House that this could have happened in few cases
where application for subsidy was lodged after a long time of disbursement of loan,
making it difficult for them to verify the claims. She assured the House that subsidy was
being processed promptly.
RECOVERY POSITION
Shri Jha informed the House about present percentage of recovery in various Schemes
in Delhi as under Recovery percentage in Agriculture loans have increased from 79.03 to 81.04%
over the year.
 Recovery percentage in PMEGP Scheme has decreased from 71.74 to 26.76 %
over the year.
 Recovery percentage in SJSRY Scheme has decreased from 50.78 to 45.45 %
over the year.
 Recovery percentage in DRI Scheme has decreased from 76.50 to 65.04% over
the year.
Sh. Jha reiterated that enactment of Public Monies Recovery Act would help banks in
improving recovery position in loans under Govt. Sponsored Schemes.
12
KCC/SCCs
Sh. Jha stated that the performance is not satisfactory as only 209 KCCs have been
issued by all banks during the current quarter and 606 KCCs during the year. He
requested all banks to look into the matter and initiate necessary steps to improve the
position with regard to issuance of Kisan Credit Cards to farmers.
SELF HELP GROUP/JOINT LIABILITY GROUP
Sh. Jha informed that 3458 SHGs have been formed up to March,2012, 1864 Groups
have been linked and loans amounting Rs.2257.38 lacs have been disbursed. He urged
that the involvement of banks is required in formation and linkage of Self Help Groups.
Special emphasis should be laid by the banks on the villages allotted to them under
Financial Inclusion Plan for formation and linkage of Self Help Group in such villages.
He also requested all banks to inform SLBC about progress made in JLGs.
CREDIT FLOW TO WOMEN ENTREPRENEURS, WEAKER SECTIONS, MIINORITY
COMMUNITIES AND DISABLED PERSONS:
Sh. Jha informed that advances to women entrepreneurs have increased by Rs. 6.55
crores, Advances to Weaker Section have increased by Rs. 106.54 crores and
Advances to ' Minority Communities’ have increased by Rs.596.76 crores during the
year 2011-12 over last year.
Shri Jha requested all banks to increase advances to women entrepreneurs, Weaker
Sections and Minority Communities.
Sh. Jha stated that advances to disabled persons have increased by Rs.4.29 crores
during the year, from Rs174.92 crores as on March, 2011 to Rs. 179.21 crores as on
March, 2012. Only 9 Banks have reported figures in respect of advances made to
disabled persons. He requested all those Banks, which have not reported any figure, to
report the same so that the data relating to this category gets correctly reported. He also
requested all banks to consider the proposals received from borrowers belonging to
disabled categories on priority basis.
DRI ADVANCES
Sh. Jha informed the House that Advances under DRI Scheme have increased by
Rs.1.95 crores during the year and stood at Rs. 16.70 crores as on March, 2012 as
compared to Rs. 14.75 crores as on March, 2011. He stated that the DRI advance is
only 0.003% of total advances and we are far behind the prescribed benchmark. He
requested all banks to intensify efforts for enhancement of advances under the Scheme.
ADVANCES TO EX-SERVICEMEN AND WIDOWS OF EX-SERVICEMEN
Sh. Jha stated that Advances to Ex-Servicemen and Widows of Ex-Servicemen have
increased from Rs. 544.50 lacs as on March, 2011 to Rs.953.50 lacs as on March,2012.
He requested all banks to increase their advances under this category.
13
IMPLEMENTATION OF REVIVAL, REFORM AND RESTRUCTURING PACKAGE
FOR HANDLOOM SECTOR
Sh. Jha informed that the Comprehensive Package for the Handloom Sector has
already been approved by the Cabinet. The Government of India, Ministry of Textiles
has already communicated the guidelines for implementation of Financial Packages for
Handloom Sector with the advice to all concerned to ensure compliance of the same.
He requested all banks to ensure that (i) necessary internal guidelines have been
issued regarding Waiver of Loans to Handloom Weavers and Weavers’ Credit Card
Scheme and (ii) the Package announced by the Government is effectively implemented.
Sh. Tarun Sharma, MCM (Handloom) from office of Commissioner of Industries, GNCT
Delhi informed the House that loan waiver Scheme is for handloom co-operative
societies, which are registered under Co-operative Act and they can obtain loan from
Delhi State Co-operative Bank only. He further informed the House that 471 registered
handloom co-operative societies have been identified out of which loan amount of 175
societies is overdue. He stated that only those co-operative societies can be considered
whose accounts as on 31.03.2010 have been audited and 25 such societies have been
identified which are eligible for applying under loan waiver Scheme.
AUTOMATION OF STATE TREASURY:
Sh. Jha stated that the Ministry of Finance, Government of India has desired that the
State Government Treasuries should be fully automated. He requested all concerned
SLBC member banks to be prepared for dealing with all the works related to State
Treasuries in electronic form. He requested the Delhi Government to direct the
concerned departments to do the needful at the earliest.
OPEN DISCUSSION
I.
II.
III.
Representative from National Housing Bank gave a presentation on Reverse
Mortgage Scheme.
Shri S.K. Harshvardhan, Asstt. General Manager from Office of Banking
Ombudsman, RBI, Delhi informed the House that office of Banking Ombudsman
is trying to gradually reduce the timeline for disposal of complaints. He requested
all the Controlling Heads to ensure that all complaints received till the end of
April, 2012 should be closed by June, 2012. He further informed the House that
as per section 10(1), all such cases where there is delay on the part of the banks
or refusal to share documents, the decision may go against them. He also
informed that a special cell has been constituted at Ombudsman Office to
specially deal with ATM related complaints which constitute roughly 33% of all
complaints.
Shri Manoj Kumar from Planman Consultancy provided his contact details to the
House for any clarification with regard to usage of e-tracking system for tracking
the status of applications under PMEGP.
14
VOTE OF THANKS BY SH. BRAJESH VERMA , DGM, STATE BANK OF INDIA
Shri Brajesh Verma started his address by wishing all present. Shri Verma stated that
deliberations of the 67th meeting were very meaningful, comprehensive and interesting.
He acknowledged the contribution of each one of the participants for making the
discussions live and effective. He expressed hope that number of no-frill accounts in
FIP villages will increase now as all the villages except one have been covered under
Financial Inclusion Plan and other banking products shall also be offered in these
villages. Shri Verma opined that concept of Ultra Small Branch will definitely add to the
credibility of the Business Correspondence concept. Shri Verma informed the House
that SBI is paying special attention to the financial needs of the labourers and other
migrant class and also assisting them in easy remittance of money. On behalf of SBI
and entire banking community Shri Verma assured the House that the Govt./RBI
guidelines on action to be taken on detection of forged and counterfeit currency note
will be adhered to. Shri Verma concluded his speech by thanking all.
*****
15
ANNEXURE – 1
LIST OF PARTICIPANTS OF 67th SLBC MEETING FOR THE QUARTER ENDED
MARCH 2012
GOVT. OF INDIA / STATE GOVERNMENT (NCT OF DELHI)
S.
NO.
1
NAME
DESIGNATION
NAME OF DEPTT.
Dr. Tarsem Chand
Director
2
Sh. R. K. Ahuja
Dy. Secretary (Finance)
3
Sh. Vinod Kumar
Supdt.
4
Sh. A. P. Saini
Jt. Director (Agri.)
5
Sh. Tarun Sharma
MCM (Handloom)
6
7
Sh. Vinod Kumar
Sh. C.P. Singh
Inspector
Senior VLW
8
Ms. Vandana Singh
Adv. Fin
9
Sh. S.P. Singh
Director
10
Sh. S.S. Dhankar
Asstt. Director
11
Sh. H.S. Hooda
A.D. Officer
12
13
Sh. R.K. Gupta
Sh. Manvir Singh
Dy. Director
Development Officer
TELE/
MOBILE NO.
Ministry of Finance
9818603070,
23340673
Govt. of NCT of Delhi
9958824141,
23392136
Finance
Department, 9811871386,
GNCTD Delhi
23392416
Govt. of NCT of Delhi
9654153129,
23712781
Commissioner
of 9818021522
Industries, GNCT Delhi
Govt. of NCT of Delhi
9868233667
Development
9968260467,
Department, Govt. of 23714472
NCT of Delhi
Mission Convergence
9810845674,
23813186
KVIC
9810025651,
23411651
KVIC
9953507518,
23418620
KVIC
9968854772,
23412796
KVIB
9811873920
DKVIB
8826268621
RBI/NABARD/CO-OPERATIVE BANK/FINANCIAL INSTITUTIONS/PRIVATE BANKS
S.
NO
1
NAME
DESIGNATION
Sh. Chandan Sinha
Regional Director
2
Ms. Sonali Sen
Gupta
Sh. Avinash Kapoor
General Manager
Asstt. General Manager
NAME OF DEPTT./ TELE/ MOBILE
BANK
NO.
Reserve Bank of India 23452145,
9582333369
Reserve Bank of India 23452145,
9560710063
Reserve Bank of India 8527833775
Asstt. General Manager
Reserve Bank of India
5
Ms. Vandana
Mahyeshwari
S.K. Harshvardhan
Asstt. General Manager
6
7
Ms. Joan R. Blah
Sh. Subodh Kumar
Asstt. General Manager
Manager
Office
of
Banking 8447256448
Ombudsman, RBI
NABARD
41539356
NABARD
9718064234
3
4
16
9868208292
8
Sh. Niladri Bose
Dy. Manager
NHB
9
Sh. Ravi Menon
General Manager
SIDBI
10
Sh. Manish Sethi
Asstt. V.P.
AXIS BANK
11
12
Manager
Manager
AXIS BANK
Axis Bank
Vice President
HDFC BANK
9313425230
14
15
Sh. Lalit Kumar
Sh. Suryansh
Sharma
Sh. K.S.
Swaminathan
Sh. Bhavesh Gupta
Sh. Rajendran Rm
9717660023,
24647949
981155113,
23682470
9971800906,
43506571
9971659292
9910818678
Joint General Manager
Zonal Manager
ICICI Bank
ICICI Bank
16
Sh. Riyaz Ahmad
Asstt. Vice President
17
Sh. Mukesh Mohan
President
18
19
20
Sh. Kapil Vashishat
Sh. Manoj Kumar
Manoj Kumar
Dy. General Manager
Asstt. General Manager
Senior Researcher
21
Sh. R.C. Pandey
Senior Manager
22
Sh. A.K. Bansal
Financial Analyst
13
9650193300
9560907543,
42523457
J&K Bank
9906665360,
2401209
Chamber of Indian 9811024647,
MSME
23722345
IDBI Bank Ltd.
9560305559
IDBI Bank Ltd.
9871719927
Planman Consulting 9811035196
(I) Pvt. Ltd.
Nainital Bank
9871890011,
23580323
D.S.C.B .
7838529252,
23281875
PUBLIC SECTOR BANKS
S.
No
1
NAME
DESIGNATION
NAME OF BANK
Sh. Vipul Singla
Dy. General Manager
Allahabad Bank
2
Sh. G.K. Bhargava
Senior Manager
Allahabad Bank
3
Sh. D.K. Tyagi
Asstt. General Manager
Andhra Bank
4
5
Sh. S. Devaseelan
Sh. D. Ganguli
Dy. General Manager
Senior Manager
Bank of Baroda
Bank of Baroda
6
Sh. Surendra K.
Behera
Sh. Amarjit Singh
Dy. General Manager
Bank of India
Officer
Bank of India
Regional Manager
Bank of Maharashtra
9
Sh. Nandkumar V.
Pujari
Sh. S. Sureshkumar
Dy. General Manager
Canara Bank
10
Sh. Rajiv K. Shukla
Senior Manager
Canara Bank
11
Dr. J.S. Bhatti
Asstt. General Manager
17
Central Bank of India
7
8
OFF. TEL. /
MOBILE NO.
9650778111,
23345518
9958987228,
23363757
8447660008,
0124-2581937
9717004757
9560212401,
49104928
9999399727,
28844103
9873478434,
28844095
9910800498,
26100400
9650502226,
26286219
9968235303,
26291260
9999917110
12
Sh. Manak Chand
Senior Manager
Central Bank of India
13
Sh. Sudhir Pradhan
Asstt. General Manager
Corporation Bank
14
Sh. Amit Kumar
Manager
Corporation Bank
15
Sh. D.S. Chhonkar
D.R.M. (Credit)
Dena Bank
16
Sh. Y.S. Negi
Dy. General Manager
Indian Overseas Bank
17
Sh. B.N. Meena
Senior Manager
Indian Overseas Bank
18
19
Sh. Amresh Kumar
Sh. M. Somasunder
Dy. General Manager
Asstt. General Manager
Indian Bank
Punjab National Bank
20
21
Sh. Ved Prakash
Sh. G.S. Sethi
P.S. In-charge
Field General Manager
Punjab National Bank
Punjab & Sind Bank
22
23
Ms. Harvinder
Sh. H. R. Jat
Asstt. General Manager
Asstt. General Manager
Punjab & Sind Bank
State Bank of India
24
Sh. Brajesh Verma
Dy. General Manager
State Bank of India
25
26
Sh. H. P. Suman
Sh. M.K. Sharma
Lead District Manager
Asstt. General Manager
State Bank of India
State Bank of India
27
Sh. Ravinder Prakash Dy. Manager
State Bank of India
28
Sh. S.K. Aggarwal
Asstt. General Manager
29
Sh. Ashwani Kumar
Bali
Sh. Abhay Patil
Manager
Asstt. General Manager
32
Sh. T.N.
Chandersekaran
Sh. B.S. Narang
33
Sh. J.A. Khan
Manager
34
Sh. G.R. Prasad
Asstt. General Manager
35
Sh. Dasari
Balakrishan
Sh. D.S. Tripathi
Chief Manager
State Bank of Bikaner
& Jaipur
State Bank of Bikaner
& Jaipur
State
Bank
of 99711992476,
Hyderabad
450526653
State Bank of Mysore 9818550870,
27021041
State Bank of Patiala 9810666287,
25897888
State
Bank
of 9818274886,
Travancore
28751649
Syndicate Bank
9868394415,
23383154
Syndicate Bank
99683098187
General Manager
Union Bank of India
Senior Manager
Union Bank of India
38
Sh. Nagesh
Chaudhary
Sh. Vinay Gandrotra
Dy. General Manager
United Bank of India
39
Sh. Kamlesh Prasad
Chief Manager
United Bank of India
30
31
36
37
Asstt. General Manager
Asstt. General Manager
18
9818279267,
23311332
9910039557,
23753907
99589872228,
23355260
9582645454,
23719680
9650099677,
25730568
9971647931,
25757271
9818224968
8800496679,
25754001
9968279037
9810434488,
26342290
9810361309
9871114834,
23407125
9958555111,
23404301
9811807013,
9868392002,
23407105
9910047343,
23407126
9999229573,
28743971
9968603301
9650395888,
23346982
9810659396
9910379221,
23741565
971157879
40
Sh. K.P. Sahu
Asstt. General Manager
Uco Bank
41
Sh. Phulwar Singh
Asstt. General Manager
Vijay Bank
42
Sh. Arun Kumar Jain
Manager
Vijay Bank
8130644333,
23401120
9312941963,
23328497
9212303026
CONVENOR BANK
S.
NO
1
NAME
DESIGNATION
NAME OF BANK
OFF. TELE NO.
Sh. S. C. Sinha
Executive Director
2
Sh. Ravinder Singh
General Manager
9971337030,
0124-4126555
8130204555
3
Sh. S.N. Chopra
General Manager
4
General Manager
5
Smt. Vidyavati
Rudra
Shri B.N. Jha
6
Sh. Arun Gupta
Chief Manager
7
8
Sh. Bimal Kisore
Pandey
Sh. Arun Kr Miglani
Asstt. Regional
Manager
Manager
9
Sh. Jitender Sharma
Officer
10
Ms. Charu Gupta
Officer
Oriental Bank of
Commerce
Oriental Bank of
Commerce
Oriental Bank of
Commerce
Oriental Bank of
Commerce
SLBC, Oriental Bank
of Commerce
SLBC, Oriental Bank
of Commerce
SLBC, Oriental Bank
of Commerce
SLBC, Oriental Bank
of Commerce
SLBC, Oriental Bank
of Commerce
Oriental Bank of
Commerce
Dy. General Manager
******
19
9810119572
8527355155,
49270901
8527331117
9899120077,
49270933,
8800169269,
49270908
9873480300,
49270908
9968315447,
49270908
8826469057,
40045738
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 2
(A) ACTION TAKEN AND PRESENT STATUS ON ACTION POINTS EMERGED
DURING THE 67th MEETING
S.
NO.
1.
ACTION POINTS
2.
Annual Credit Plan targets All DCC
should be achieved by all Member
concerned banks.
Banks
3.
MSE Advances should be All
SLBC
increased.
Member
Banks
4.
5.
ACTION BY
Priority Sector Advances to All SLBC
be increased to achieve Member
40%
ratio
to
Total Banks
Advances.
Timely disposal of PMEGP All concerned
and SJSRY applications.
member
Banks
Banking outlets to be
provided in all allocated
villages having a population
of over 2000 by 31st March
2012.
All concerned
Banks
and
relative SubCommittee.
20
ACTION TAKEN AND
PRESENT STATUS
Relative
Sub
Committee
Meeting
was
held
on
26/06/2012 and all banks were
again advised to achieve the
target.
The percentage of
Priority Sector Advances to
Total advances was 11.82% as
at the end of Jun-12 quarter.
DCC Meeting was held on
08/05/2012 and all member
banks were advised to achieve
the targets. The achievement
during the first quarter of the
current year was 15.57%.
All member banks have been
advised in different meetings to
increase MSE Advances. The
MSE Advance in Delhi State
has increased by 1597.80
crore over June 2011.
All concerned Banks have
been advised accordingly in
various
meetings.
75
applications were pending
under
PMEGP
and
56
applications were pending
under SJSRY Scheme.
All SLBC Member Banks have
been advised in different
meetings and through various
reminders
from
SLBC
Convenor to achieve 100%
financial inclusion. Only one
village has been left now. IDBI
Bank has assured to cover the
village by opening their branch
very soon.
6.
7.
8.
Electronic
Benefit
Transfer(EBT)
Scheme
should be implemented in
Delhi State.
SLBC
Convenor
Bank
and
State
Government
Draft Recovery Act should Delhi
be enacted in Delhi State.
Government
SLBC Convenor has taken up
the matter with the State
Government.
The State
Government has assured to
start EBT at the earliest.
The Delhi Government has
proposed to give powers of
recovery officers to Bank
Officers.
The proposal has
been communicated to all
SLBC Member Banks for their
views.
All SLBC Member Banks All
SLBC The SLBC Convenor has made
should provide quarterly Member
vigorous follow up with the
data to SLBC Convenor on Banks
member banks and June 2012
time.
data has been received from
all member banks.
******
21
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
(B) PERSISTING ACTION POINTS:S.NO.
ACTION POINTS
ACTION BY
PRESENT STATUS
1.
In order to improve Govt. of
recovery position of N.C.T.of
banks, Govt. of Delhi to Delhi
enact Public Monies
Recovery Act
The Delhi Government has proposed
to give powers of recovery officers to
Bank Officers. The proposal has been
communicated to all SLBC Member
Banks for their views.
2.
Priority Sector Lending
to be increased in
Delhi State.
3.
All
SLBC
Member All
Banks should cover the Concerned
allotted villages under Banks
FIP.
All SLBC Member Banks have been
advised several times to increase
Priority Sector Lending. The present
Priority Sector Lending is 11.82% to
Total Advances.
Despite various reminders from SLBC
Convenor IDBI Bank is yet to cover the
only remaining village Nithari.
All SLBC
member
Banks
******
22
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
MINUTES OF SUB COMMITTEE MEETING ON PRIORITY SECTOR ADVANCES
HELD ON 26.06.2012
The quarterly meeting of Sub Committee on Priority Sector Advances for June 2012
quarter was held on 26.06.2012 at 3.00 pm in the Conference Room of Oriental Bank of
Commerce, Harsha Bhawan, E - Block, Connaught Place, New Delhi under the
Chairmanship of Smt. Vidyavati Rudra, General Manager, Oriental Bank of Commerce,
SLBC Convenor – Delhi State.
The meeting was attended by the following
representatives of member banks and Government Departments:Sl. No. Name
Designation
Bank/Department
1.
Smt. Vidyavati Rudra
General Manager
Oriental Bank of Commerce
2.
Shri B.N. Jha
Dy. General Manager
Oriental Bank of Commerce
3.
Shri Arun Gupta
Chief Manager
Oriental Bank of Commerce
4.
Shri Mohit Bhagnagar
Chief Manager
Oriental Bank of Commerce
5.
Shri Avinash Kapoor
Astt. General Manager
Reserve Bank of India
6.
Shri P.P. Singh
Joint Director (Agri.)
Govt of NCT of Delhi
7.
Shri H.P. Suman
Lead District Manager
State Bank of India
8.
Shri Dipak Tiwari
Manager
Corporation Bank
9.
Shri G.C. Vishwanatha
Chief Manager
Corporation Bank
10.
Shri Subodh Kumar
Manager
NABARD
11.
Shri Satish Kumar Bhatia Chief Manager
Syndicate Bank
12.
Shri M. Somasunder
Asstt. General Manager
Punjab National Bank
13.
Shri Ved Prakash
In-charge PS Cell
Punjab National Bank
14.
Shri Rajesh Thakur
Manager
Allahabad Bank
15.
Shri Nagesh Chaudhary
Sr. Manager
Union Bank of India
16.
Shri Dushyant Dash
Senior Manager
Canara Bank
17.
Shri Nishith Kumar
Asstt. General Manager
State Bank of Bikaner & Jaipur
18.
Shri A.K. Bansal
Financial Analyst
DSCB
23
Smt. Vidyavati Rudra, General Manager, Oriental Bank of Commerce, SLBC Convenor
– Delhi State welcomed all participants. Smt. Rudra informed the House that Priority
Sector Advances(PSAs) stood at Rs. 69372 crore as on 31/03/2012 compared to PSAs
of Rs. 67022 crore as on 31/03/2011, thus showing increase of 2350 crore. She stated
that this increase is far from satisfactory level. Moreover, the PSAs are decreasing in
terms of their percentage to the Total Advances. She stated that there is scope of MSE
Advances in Delhi State. She requested all banks to increase PSAs and particularly
MSE Advances.
Shri B.N. Jha,DGM, OBC informed the House that RBI has given a list of MSE Clusters
in Delhi and the same has been given to all banks during SLBC Meeting dated
15/05/2012. He also requested all banks to increase MSE Advances.
Representative from Canara Bank informed that repayment in big loan accounts
pertaining to Priority Sector has been the main cause for decline in PSAs in their bank
but they are now hopeful of doing well. Sh. Subodh Kumar, Manager, NABARD
informed that Canara Bank has been actively participating in JLG formation/linkage.
He requested representative from Canara Bank to increase JLG formation/linkage.
Representative from Syndicate Bank suggested that there is less scope in
manufacturing sector in MSEs in Delhi and there is ample scope for service sector in
MSEs in Delhi. As such, banks can increase their advances in service sector. He also
suggested that banks should come out with innovative products for three wheeler Auto
Loan for Delhi State as the State Government is planning to allow additional permits for
Auto Rickshaws.
Shri Avinash Kapoor, AGM, RBI requested that all banks should be aggressive in
providing PSAs. Shri H.P. Suman, LDM also requested all banks to aggressively
finance PSAs.
The Meeting concluded with a Vote of Thanks to the Chair.
******
24
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
MINUTES OF SUB COMMITTEE MEETING ON FINANCIAL INCLUSION AND DRI DVANCES
HELD ON 26.06.2012
The quarterly meeting of Sub Committee on Financial Inclusion and DRI Advances was held on
26.06.2012 at 03.40 pm at Oriental Bank of Commerce, Harsha Bhawan , E-Block, Connaught
Place, New Delhi – 110 001 under the Chairmanship of Smt. Vidyavati Rudra, General
Manager, Oriental Bank of Commerce, SLBC Convenor – Delhi State. The meeting was
attended by the following representatives of member banks and Government Departments:Sl. Name
No.
1.
Smt. Vidyavati Rudra
Designation
Bank/Department
General Manager
Oriental Bank of Commerce
2.
Shri B.N. Jha
Dy. General Manager
Oriental Bank of Commerce
3.
Shri Arun Gupta
Chief Manager
Oriental Bank of Commerce
4.
Shri Mohit Bhagnagar
Chief Manager
Oriental Bank of Commerce
5.
Shri Avinash Kapoor
Astt. General Manager
Reserve Bank of India
6.
Shri H.P. Suman
Lead District Manager
State Bank of India
7.
Shri Satish Kumar Bhatia
Chief Manager
Syndicate Bank
8.
Shri Nagesh Chaudhary
Sr. Manager
Union Bank of India
9.
Shri M. Somasunder
Asstt. General Manager
Punjab National Bank
10.
Shri Ved Prakash
In-charge PS Cell
Punjab National Bank
11.
Shri Nishith Kumar
Asstt. General Manager
State Bank of Bikaner & Jaipur
12.
Shri Dushyant Dash
Senior Manager
Canara Bank
13.
Shri A.K. Bansal
Financial Analyst
DSCB
14.
Shri Sudarshan Kumar
Chief Manager
Central Bank of India
Smt. Vidyavati Rudra welcomed all participants. She apprised the House that 110 villages were
allotted to SLBC Member Banks for coverage upto 31/03/2012. Presently 109 villages have
been covered by all member banks. The remaining village, Nithari was allotted to IDBI Bank
Ltd. which has been requested several times to cover the remaining village at the earliest. She
again requested that IDBI Bank Ltd. should cover village Nithari under Financial Inclusion Plan
immediately. Shri B.N. Jha, DGM, SLBC Deptt., OBC informed that one letter has recently been
25
written to the General Manager(Financial Inclusion) of IDBI Bank requesting him to cover the
village at the earliest.
Smt. Rudra informed the House that the Ministry of Finance, Govt. of India vide letter dated 18 th
May, 2012 has directed to cover all villages having population of 1600 to 2000 as per 2001
census under Financial Inclusion Plan. SLBC Delhi State has identified two villages viz.,
Singhola (Alipur Block) and village Jhattikara (Najafgarh Block) and these villages were allotted
to State Bank of India and Oriental Bank of Commerce respectively. However, both the banks
have informed that these villages have already been covered by bank branches there. As such,
no new village has been added to the already identified 110 villages.
Smt. Rudra also informed the House that the Reserve Bank of India, Central Office, Mumbai
vide letter dated 19/06/2012 addressed to CMDs of all banks, has advised that all villages with
population below 2000 as per 2000 census should be covered by banking facilities. As per the
instructions the Lead Bank shall constitute a Sub Committee of the District Consultative
Committee(DCC) to draw a roadmap for provision of banking services in every village having
population below 2000. This Sub Committee will identify such unbanked villages and allot these
villages to Scheduled Commercial Banks operating in the district. She requested the Lead
District Manager, Shri H.P. Suman to take note of the instructions and act accordingly.
The representative from Syndicate Bank requested that Village Shahur Pur has been allotted to
them. However, very few transactions are happening there and as such, he requested to
exclude this village from their bank. However, the chairperson requested Syndicate Bank to
continue to cover the village under FIP.
While speaking on the DRI Advances, Smt. Rudra informed the House that DRI advances were
Rs. 14.75 crore as on 31/03/2012 and the same have increased to 16.70 crore as on
31/03/2012. There is increase in the DRI advances during the year 2011-12 but this increase is
far from satisfactory. She requested all SLBC Member Banks to finance actively under DRI
Scheme.
The Meeting ended with Vote of Thanks to the Chair.
******
26
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 3
CREDIT DEPOSIT RATIO
Statements showing Deposits, Advances and CD Ratio of Banks are given in Annexure ‘A’ to
Annexure ‘C’ (page no 58-60)
The summarized position is as under:DEPOSITS AND ADVANCES
(Rs in crore)
POSITION AS ON
MARCH 2012
JUNE 2011
JUNE 2012
Deposits
Advances
Deposits
Advances
Deposits
Advances
540160.92
481464.46
590312.08
555821.08
582344.59
542710.53
C D RATIO
JUNE 2011
88.44
POSITION AS ON
MARCH 2012
JUNE 2012
94.16
93.19
VARIATION
Over the Year
Over the Quarter
4.75
-0.97
The C.D. Ratio of Banks operating in the NCT of Delhi has increased by 475 basis points over
June 2011.
CD RATIO (DELHI RURAL)
JUNE 2011
72.21
POSITION AS ON
MARCH 2012
JUNE 2012
126.60
190.16
VARIATION
Over the Year
Over the Quarter
117.95
63.56
CD Ratio of Delhi Rural has increased from 72.21 % as on June 2011 to 190.16% as on June
2012. This increase is mainly due to advance of Rs.4000 crore to Food Corporation of India by
one rural branch of Central Bank of India.
All banks are requested to further improve CD Ratio particularly in Delhi Rural.
******
27
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 4
FINANCIAL INCLUSION PLAN-2012
Under Financial Inclusion Plan-2011-12, 110 unbanked villages having population over 2000 in
Delhi State were allotted to 18 Banks for providing Banking Services.
The bank-wise progress in implementation of Financial Inclusion Plan of villages having
population of over 2000 is given in Annexure ‘C’ (page no. 61-63). The summarized position is as
under:Total No. Achievement No.
of Total No. of
of Villages
Villages yet BCs
allotted to
to
be appointed
the Banks
covered
Public
Sector
Banks
Regional Rural
Banks
Private Banks
104
104
00
83
Total No. of
Financial
Inclusion
Accounts
Opened
37127
00
00
00
00
00
02
01
01
01
179
Co-operative
Banks
TOTAL
04
04
00
00
1602
110
109
01
84
38908
A Sub- Committee of SLBC on Financial Inclusion is monitoring progress under this plan. The
quarterly meeting of the Sub-Committee was held on 26.06.2012. The minutes of the meeting
have already been sent to all SLBC member Banks. Only one village ‘Nithari’ is left now for
coverage. IDBI Bank is again requested to cover the village immediately.
ULTRA SMALL BRANCHES
In terms of directions of Ministry of Finance, Ultra Small Branches are to be opened in all
Villages which are covered by BCAs and where opening of regular branch is not found viable
presently. The detailed guidelines on Ultra Small Branches are given in the Master Circular on
Strategy and Guidelines on Financial Inclusion dated 21/10/2011. All concerned banks are
requested to open Ultra Small Branches at the earliest.
VISITS TO THE ALLOTTED VILLAGES
As per the directions of the Ministry of Finance bank officials should regularly visit the villages
allotted to them under FIP. The name, designation of the officials designated for visiting the
villages alongwith day and time of visits should be specified and informed to SLBC Convenor.
28
Further, the Branch Manager of the concerned branch should visit the allotted village atleast
once a week with a laptop. All SLBC Member Banks are requested to adhere to the directions of
the MoF and do the needful immediately.
FINANCIAL INCLUSION - OPENING OF "NO-FRILL" ACCOUNTS AND ISSUANCE
OF GCCs
A statement showing number of "No-Frill" Accounts opened with "NIL" or “very low minimum
balance” and number of GCCs issued by Banks upto June 2012 is given in Annexures A & B
(page no. 61-62 ), respectively. The Banks have opened 19,81,299 "No-Frill" accounts. 3756
GCCs with loan amount of Rs. 244.63 lacs have been issued upto 30.06.2012. All Banks are
requested to instruct branches under their control to open No-Frill Accounts and issue GCCs on
priority basis.
ICT BASED FINANCIAL INCLUSION :
ICT Based facilities are being provided in 84 villages as on 30.06.2012. 26352 Smart Cards have
been issued. 757764 Accounts have been opened so far. Member Banks are requested to provide
ICT Based facilities to maximum villages.
GEOGRAPHICAL INFORMATION SYSTEM
The Ministry of Finance has sent user manual for Geographical Information System(GIS) to all
banks and application to facilitate the PSBs to enter the data of banking amenities is available on
the website of the Department of Financial Services, MoF. All SLBC Member Banks are
requested to send the data called by the Lead Bank immediately. The Lead District Manager is
requested to ensure that the data in GIS module is regularly updated as new branches get opened,
BCAs get engaged, ATMs get installed and Currency Chests get opened.
FINANCIAL LITERACY AND CREDIT COUNSELLING CENTRES (FLCC) &
FINANCIAL LITERACY CENTRES (FLCs)
Two FLCCs are working in Delhi State presently. Punjab National Bank opened first FLCC in
Delhi at Gurdwara Road, Karol Bagh, on 01.06.2010. State Bank of India opened FLCC at
Roshanpura, Najafgarh on 31.03.2011. Reserve Bank of India has sent new guidelines on FLCs
recently vide circular dated 06.06.2012. The RBI Circular has been forwarded to all SLBC
Member Banks by us. The circular is placed at Page No. 128 also. All banks are requested to
ensure compliance of the RBI guidelines.
ELECTRONIC BENEFIT TRANSFER(EBT) SCHEME
The Central and State Governments have introduced several welfare schemes like Social
Security Pensions, Mahatma Gandhi National Rural Employment Guarantee Scheme
(MNREGS), National Old Age Pension Scheme (NOAPS) etc. for the benefit of the poor.
Payments in such welfare schemes are being made directly either in kind/cash or through indirect
subsidies like the PDS. Such payments are being routed by the governments through various
agencies. EBT is one of the products offered under Financial Inclusion which facilitates
payments to reach the intended beneficiaries through bank accounts.
29
The Ministry of Finance, Government of India has recently sent guidelines on Strategy and
Approach for Electronic Benefit Transfer vide circular dated 26.06.2012. This circular is placed
at Page No.130 . All SLBC Member Banks are requested to ensure compliance of the
guidelines.
PROVISION OF BANKING SERVICES IN VILLAGES WITH POPULATION
1600 TO 2000
The Ministry of Finance, Government of India has directed that all villages of 1600 to 2000
population as per 2001 census shall also be covered under Swabhimaan, the financial inclusion
campaign. Accordingly, exercise of identification of uncovered villages with population of
1600 to 2000 as per 2001 census has been done at our level and no village has been identified as
uncovered with population of 1600 to 2000 in Delhi State.
PROVISION OF BANKING SERVICES IN VILLAGES WITH POPULATION
BELOW 2000
The Reserve Bank of India vide circular No. RPCD/CO/LBS/BC/No.86/02/.1.001/2011-12 dated
19.06.2012 has directed that all unbanked villages of population less than 2000 (as per 2001
census) should be provided banking facilities in a time bound manner. This circular is placed at
Page No. 126. The Lead District Manager is requested to constitute a Sub-Committee of the
District Consultative Committee (DCC) to draw up a roadmap for provision of banking servies in
every village having a population below 2000 (2001 census) as per RBI guidelines.
URBAN FINANCIAL INCLUSION – LAUNCH OF COMPAIGN TOO ENSURE AT
LEAST ONE BANK ACCOUNT FOR EACH FAMILY
In order to provide banking services to entire population residing in Urban and Metro Centres –
so as to financially include the urban poor, slum dwellers and the inhabitants of urban/metro
villages and facilitate electronic benefit transfer in respect of benefit/ subsidies under various
Government schemes directly into the account of the beneficiaries residing at these centres, it has
been decided by the Ministry of finance to take the campaign to ensure one bank account per
family should also be launched in such Urban areas for the purpose of Urban Financial Inclusion.
Detailed guideliens have been given in MoF circular dated 24.07.2012 (placed at Page No. 117).
All SLBC Member Banks are requested to ensure compliance of the same.
FINANCIAL INCLUSION DRIVE TO OPEN BANK ACCOUNTS OF MIGRANT
LABOUR AND STREET VENDORS/HAWKERS IN URBAN AREAS
To inculcate savings habits and to extend banking facilities to the migrant labour and street
vendors/hawkers in urban areas, a drive to open accounts of migrants labour and street vendors/
hawkers in urban areas has been initiated by the Ministry of Finance, Government of India. The
drive has been initiated initially in Delhi and NCR which is being co-ordinated by SLBC
Convenor Bank – Oriental Bank of Commerce. A 24X7 Call Centre has started functioning to
reply to the queries of the persons intending to open accounts in any of the Public Sector banks.
Toll Free Number is 1800-1800-124. SMS Number is 88267-31122 and e-mail ID is
slbcdelhi@gmail.com. A Simplified Uniform Saving Bank Account Opening Form has also
30
been devised and format of the same has been sent to all banks by the Ministry of Finance. The
MoF has advised all banks to nominate one “Nodal Officer” for this drive. SLBC Convenor has
also requested all banks to send contact details of their Nodal Officers. However, some banks
have not sent the details till date. All PSU Banks are requested to (i) immediately send contact
details of Nodal Officers to SLBC Convenor immediately, if not sent earlier (ii) take active
interest for making the drive successful and open maximum accounts (iii) send information on
opening of such accounts to SLBC Convenor as per the format sent by us.
********
31
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 5
ACHIEVEMENTS UNDER ANNUAL CREDIT PLAN (ACP) 2012-13 UPTO JUNE 2012
The performance of all Banks engaged in providing credit in Delhi (Rural) in achievement of
their ACP 2012-2013 under various sectors is given as per Annexure (page no.64). The summarized
position is as under :(Rs. in lacs)
COMMERCIAL BANKS
SECTOR
COMMITMENT
ACHIEVEMENT
%AGE ACHIEVEMENT
6396.41
567.37
8.87
7599.00
11913.50
25908.91
1215.06
2664.74
4447.17
15.99
22.37
17.16
COMMITMENT
700
1000
1600
3300
ACHIEVEMENT
123.28
0
0
123.28
%AGE ACHIEVEMENT
17.61
0.00
0
3.74
PRIVATE BANKS - HDFC BANK
SECTOR
COMMITMENT
Agriculture
50
MSE
60
OPS
40
Total
150
ACHIEVEMENT
0
0
0
0
%AGE ACHIEVEMENT
0
0
0
0
ACHIEVEMENT
4570.45
%AGE ACHIEVEMENT
15.57
Agriculture
MSE
OPS
Total
DELHI STATE COOPERATIVE BANK
SECTOR
Agriculture
MSE
OPS
Total
ALL BANKS
SECTOR
Total Priority
Sector Advances
COMMITMENT
29358.91
The achievement of 15.57% of ACP targets is not satisfactory. All concerned banks are requested
to increase advances in Delhi (Rural) and ensure 100% achievement of ACP Targets.
******
32
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 6
(A) CREDIT FLOW TO PRIORITY SECTOR
The performance of all Banks under Priority Sector Advances is given as per Annexure “A” (page
no.65). The summarized position is as under:-
Priority
Sector
Advances
Priority
Sector
Advances to Total
Advances (%)
POSITION AS ON
JUNE 2011
MARCH
JUNE 2012
2012
63572.47
65623.35
64136.44
13.16
11.81
11.82
(Rs. in Crore)
VARIATION
Over the Over
the
year
Qtr.
563.97
-1486.91
-1.34
-0.01
The Priority Sector Advances have increased by Rs. 563.97 crore over June 2011 and decreased
by Rs. 1486.91 crore over the last quarter. Due to comparatively higher increase in Total
Advances, the percentage of Priority Sector Advances to Total Advances has decreased to
11.82% as on 30/06/2012 as compared to 13.16% as on 30/06/2011. Several Banks have
achieved increase in Priority Sector Advances. However, the Priority Sector Advances of the
following Banks declined in absolute terms by more than Rs.500 crore during the year:-
Sl. No.
1.
2.
3.
4.
5.
6.
(Rs. in Crore)
Amount
689.81
606.75
2431.78
739.69
3116.34
1117.93
Name of Bank
Bank of India
Canara Bank
Indian Bank
State Bank of Mysore
Union Bank
Axis Bank
SLBC Convenor had sought the reasons of decline in Priority Sector Advances of these banks.
The banks have reported that the repayment in big Priority Sector Loan Accounts has been the
main reason of decline.
All banks are requested to increase Priority Sector Advances.
33
(B) CREDIT FLOW UNDER EDUCATION LOAN SCHEME
The performance of all Banks under Education Loan Scheme is given as per Annexure ‘B’
(page no.66). The summarized position is as under:-
POSITION AS ON
JUNE 2011
MARCH 2012
No.
Amt.
No.
Amt.
Loans granted
under Education
Loan Scheme
41836
968.38
44892
970.98
JUNE 2012
No.
Amt.
45244
961.09
(Rs. in Crore)
VARIATION
Over Over the
the
Qtr.
year
-7.74
-9.88
There is minor decrease in total loan under Education Loan Scheme. Education Loans have
decreased by Rs.7.74 crore over June 2012 and by Rs.9.98 over the quarter. All the Member
Banks are requested to increase loans under this scheme.
(C) CREDIT FLOW TO SC/ST UNDER PRIORITY SECTOR
The performance of all Banks in credit flow to SC/ST is given as per Annexure ‘C’
The summarized position is as under:
JUNE 2011
Loans
granted to
SC/ST
369.02
POSITION AS ON
MARCH 2012
JUNE 2012
396.55
433.17
(page no.67).
(Rs. in Crore)
VARIATION
Over the
Over the
year
Quarter
64.15
36.62
The loans to SC/ST have increased by Rs.64.15 crore over June 2011 and by Rs.36.62 crore over
the last quarter. All the Member Banks are requested to increase credit flow to SC/ST under
Priority Sector.
******
34
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 7
AGRICULTURE ADVANCES
Due to fast urbanization in Delhi State, Agriculture Land is under pressure, resulting in
continuous shrinking of land. There is continuous declining trend in Agriculture Advances in the
State. Statements showing performance of various banks as on June 2012 in financing Direct &
Indirect Agricultural Advances are given as per Annexure ‘A’ and ‘B’ respectively (page no.68-69).
Comparative Position of Agriculture Advances to Total Priority Sector Advances and Total
Advances is given as per Annexure ‘C’ and Annexure ‘D’ (page no.70-71) respectively. The
summarized position is as under:DIRECT AGRICULTURE ADVANCES
ACTIVITY
POSITION AS ON
JUNE 2011 MARCH 2012
For raising crop
Hi-Tech Agr.
Other Activities
Total
(Rs. in crore)
VARIATION
82.30
5.51
2925.50
3013.31
JUNE 2012
49.49
5.94
2695.12
2750.55
40.90
4.10
1977.19
2022.19
OVER
THE
YEAR
-41.40
-1.41
-948.31
-991.12
OVER THE
QUARTER
-8.59
-1.84
-717.93
-728.36
INDIRECT AGRICULTURAL ADVANCES
ACTIVITY
Indirect Agr.
Including
institutional
POSITION AS ON
OVER
OVER THE
THE
YEAR
QUARTER
JUNE 2011 MARCH
JUNE
2012
2012
10149.04
10665.16
10191.26
42.22
-473.90
TOTAL AGRICULTURE ADVANCES
Total Agr. Adv.
13162.35
13415.70
12213.45
-948.90
-1202.26
PERCENTAGE OF AGRICULTURE ADVANCES TO PRIORITY SECTOR
ADVANCES
%age as on
June 2011
20.70
%age as on
March 2012
20.44
%age as on
June 2012
19.04
35
Variation
Over the Year
-1.66
Variation
Over the Qtr.
-1.40
PERCENTAGE OF AGRICULTURE ADVANCES TO TOTAL ADVANCES
%age as on
June 2011
2.73
%age as on
March 2012
2.41
%age as on
June 2012
2.25
Variation
Over the Year
-0.48
Variation
Over the Qtr
-0.16
Total Agriculture Advances have decreased by Rs.948.90 crore over June 2011 and by
Rs.1202.26 crore over the quarter. The percentage of Agriculture Advances to total Advances
was 2.25% as on 30/06/2012 as against 2.73% as on 30/06/2011.
The scope of Direct Agriculture Advances being limited in Delhi State, all SLBC Member Banks
are requested to increase advances under Indirect Agriculture category.
******
36
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 8
ADVANCES UNDER MSE/MSME SECTORS
Statement showing position of advances to Micro, Small & Medium Enterprises as on June 2011,
March 2012 and June 2012 made by various Banks in Delhi is given in Annexure A, B, C, D &
E (page no.72-76).
The summarized position is as under:
(Rs. in crore)
POSITION OF ADVANCES UNDER MSME SECTOR:POSITION AS ON
JUNE 11 MARCH 12 JUNE 12
63572.47
65623.35 64136.44
10425.89
10523.89 10607.34
20972.65
22904.74 22389.00
Total Priority Sector Advances
Credit to Micro Enterprises
Credit to Small Enterprises
Total MSE Advances
% of Micro Enterprises to total MSE Advances
% of MSE Advances to Total Priority Sector Advances
Advances to Medium Enterprises
Advances to Micro, Small & Medium Enterprises
(MSME)
31398.54
33.21
49.39
13176.73
44575.28
33428.63
31.24
52.92
19127.24
53854.90
32996.34
32.19
51.05
22573.40
55315.21
COMPARATIVE POSITION OF MSE ADVANCES :POSITION AS ON
VARIATION
% GROWTH
JUNE
MARCH JUNE 12 Over the Over
Over the
Over the
11
12
Year
the Qtr Year
Quarter
MSE
31398.54 33428.63
32996.34 1597.80
-432.29
.50
-1.29
Advances under MSE Sector have increased by Rs.1597.80 crore over the year.
COMPARATIVE POSITION OF MSME ADVANCES:-
MSME
POSITION AS ON
VARIATION
% GROWTH
JUNE
MARCH JUNE 12 Over the Over
Over the
Over the
11
12
Year
the Qtr Year
Quarter
44575.28
52555.87 55569.74 10994.46 3013.87
24.66
5.73
Advances under MSME Sector have increased by Rs.10994.46 crore over the year. All banks
are requested to increase MSME Advances particularly MSE Advances.
******
37
SICK MSME ADVANCES
The details of Sick MSME Units, Viability Study Undertaken are given in Annexure F to
Annexure I (page 77-80).
CGTMSE Coverage
The details of units covered under CGTMSE Scheme are given in Annexure J and Annexure K
(page 81-82 ). The summarized position is as under:-
Amount
No. of
Units
POSITION AS ON
Jun.11
Mar.11
Jun.12
657.59
1849.42
1017.88
2084
6857
10010
(Amount in Crore)
VARIATION
Over the Year
Over the Qtr
360.28
-831.54
7926
3153
All banks are requested to increase MSME Advances particularly MSE Advances.
******
38
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 9
HOUSING FINANCE
Statements showing Advances under Direct and Indirect Housing Finance by all banks are given
as per Annexure ‘A’ and ‘B’ (page no 83-84. ).
The summarized position is as under:A) Direct Housing Finance (Outstanding)
Particulars
JUNE 11
i) Upto Rs 25 Lacs
ii) Above Rs 25
Lacs
Total
MARCH 12
(Rs in Crore)
JUNE 12
VARIATION
Over the
Over
the
Year
Quarter
8201.48
-1223.25
-1044.18
12998.98
4687.10
1397.30
9424.73
8311.88
9245.66
11601.68
17736.61
20847.33
21200.46
3463.85
353.12
2746.81
3945.18
706.60
1198.37
23594.15
25145.64
4170.45
1551.49
B) Indirect Housing Finance
Total
3238.58
TOTAL HOUSING FINANCE
Total
Finance
Housing
20975.19
Direct Housing Finance has increased by Rs.3463.85 crore over the year.
Indirect Housing Finance has increased by Rs. 706.60 crore over the year.
Total Housing Finance has increased by Rs.4170.45 crore over the year.
All banks are requested to further increase Housing Finance.
1% INTEREST SUBVENTION SCHEME:
The 1% interest subvention Scheme of the Govt. of India, Ministry of Finance is in operation
since October 1, 2009. The Scheme provides interest subsidy on Housing Loans to eligible
borrowers and is being implemented throughout the country by Scheduled Commercial Banks
and Housing Finance Companies registered with National Housing Bank (NHB).
The Scheme is quite simplistic in content. All Banks are requested to generate more public
awareness about the benefits of the Scheme and ensure vigorous implementation of the Scheme.
39
Reverse Mortgage Scheme
Most of the people in the senior age groups, either by inheritance or by virtue of building assets
have properties in names, but they were not able to convert it into instant and regular income
stream due to its illiquid nature. The Union Budget 2007-2008 had a great proposal which
introduced the Reverse Mortgage Scheme. The concept is simple, a senior citizen who holds a
house or property, but lacks a regular source of income can put mortgage his property with a
bank or housing finance company (HFC) and the bank or HFC pays the person a regular
payment. The good thing is that the person who ‘reverse mortgages' his property can stay in the
house for his life and continue to receive the much needed regular payments.
All banks are requested to be aggressive in implementation of the Scheme.
******
40
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 10
PRIME MINISTER'S EMPLOYMENT GENERATION PROGRAMME (PMEGP)
Government of India introduced a new credit linked subsidy programme called Prime Minister's
Employment Generation Programme (PMEGP) by merging the two Schemes that were in
operation till 31.03.2008 namely Prime Minister's Rojgar Yojana (PMRY) and Rural
Employment Generation Programme (REGP) for generation of employment opportunities
through establishment of micro enterprises in rural as well as urban areas. This Scheme is
administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME) and
implemented through State KVIC Directorates, State Khadi and Village Industries Boards
(KVIBs) and District Industries Centres (DICs) and Banks.
A statement showing the performance of various banks as on June 2012 is given as per Annexure
‘A’ (page no.85). The summarized position is as under:(Rs. in lac)
1. Annual Targets(physical)
321
2. Total No. of Apps. Received
126
3. No of Apps sanctioned
31
4. Amt. Of Loan sanctioned
100.48
5. No. of Apps. Disbursed
24
6. Amt. Of loans disbursed
55.80
7. No. of Apps. Rejected/Returned
20
8. No. of Apps Pending
75
All concerned Banks are requested to immediately (i) disburse the sanctioned loans, (ii) dispose
of all pending applications.
******
41
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 11
SWARAN JAYANTI SHAHRI ROZGAR YOJNA
Statement showing the performance of various Banks as on JUNE 2012 is placed at Annexure
‘A’ (page no.86 ) and summarized position is as under:
(Rs in lacs)
As On June 2012
1600
S.NO.
1.
PARTICULARS
Annual Targets (No.)
2.
Total No. of App. Received
85
3.
No. of App. Sanctioned
10
4.
Amt. Sanctioned (Rs in lacs)
5.
No. of App. Disbursed
6.
Amt. Of Loans Disbursed (Rs in lacs)
7.
No. of App. Returned/Rejected
19
8.
No. of App. Pending
56
5.52
6
2.80
All concerned Banks are requested to immediately (i) disburse the sanctioned loans, (ii) dispose
of all pending applications.
******
42
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 12
RECOVERY OF ADVANCES
Timely recovery of loans is essential for financial institution to complete the credit cycle. It has
assumed greater importance ever since IRAC and Capital Adequacy Norms have been made the
essential parameters for judging the health of Banks. The increasing NPAs has been a major cause of
concern for the banks. The matter of NPAs was also discussed in the meeting chaired by the
Secretary, Department of Financial Services, Ministry of Finance. The delay in obtaining various
permissions / clearances from the State Government has been a cause of project held up resulting in
the account slipping to NPA category. The Ministry of Finance has desired that such matters should
be taken up by the SLBC Convenor with the State Government where projects financed by banks are
delayed due to delay in getting statutory clearances. All banks are requested to bring such matters to
the knowledge of SLBC Convenor and the same shall be taken up with the concerned departments.
The statements showing recovery position of various Banks in the NCT of Delhi under Agriculture,
PMRY, SJSRY, DRI are given in Annexure ‘A’, ‘B’, 'C' and ‘D’(page no.87-90).
The summarized position is given as under:-
RECOVERY POSITION AS ON JUNE 2012
AGRICULTURE
(Rs in Lacs)
DEMAND RAISED
JUN 11
22026.71
MAR 12
JUN 12
17155.91 29659.39
AMT RECOVERED
JUN 11 MAR 12
19777.07
15586.15
OVERDUES
JUN 12
JUN 11 MAR 12
JUN 12
23186.10
2249.64 1569.76
6473.29
RECOVERY
%AGE
JUN 11 MAR 12 JUN 12
89.79
90.85
78.17
PMRY-PMEGP
(Rs in Lacs)
DEMAND RAISED
AMOUNT RECOVERED
OVERDUES
RECOVERY %AGE
JUN 11
MAR
12
JUN 12
JUN 11
MAR
12
JUN 12
JUN 11
MAR
12
JUN 12
JUN 11 MAR
12
596.53
674.32
692.46
316.72
350.92
392.31
279.81
323.40
300.15
53.09
43
52.04
JUN 12
56.65
SJSRY
(Rs in Lac)
DEMAND RAISED
AMOUNT RECOVERED
OVERDUES
JUN 11
MAR 12
JUN 12
JUN 11
MAR
12
JUN 12
JUN 11
MAR
12
272.84
275.39
255.78
122.50
118.35
110.35
150.34
157.04
RECOVERY %AGE
JUN
12
JUN 11 MAR
12
145.44 44.90
42.98
JUN
12
43.14
DRI
(Rs in Lacs)
DEMAND RAISED
JUN 11 MAR 12
50.89
94.27
AMOUNT
RECOVERED
OVERDUES
RECOVERY %AGE
JUN 12
JUN 11
MAR
12
JUN 12
JUN 11
MAR 12
JUN 12
95.94
33.59
67.29
66.75
17.30
26.98
29.19
JUN 11 MAR
12
66.01
71.38
JUN
12
69.57
ENACTMENT OF PUBLIC MONIES (RECOVERY OF DUES) ACT
Enactment of the Public Monies (Recovery of Dues) Act has been a issue pending with the Govt.
of NCT of Delhi since long. The State Govt. has now informed that the provisions contained in
section 7 of the Delhi Land Revenue Act 1954, clause (b) sub-section (i) of section 27(i) (b) of
the Punjab Land Revenue Act 1887 and section 15 of UP Revenue Act 1901 are adequate to
effect recoveries of any outstanding dues, if the recoveries are certified as arrears of land
revenue. The Revenue Department of Delhi Govt. has proposed that the bank officials can be
conferred powers of Assistant Collector of Grade-I on the request of the concerned bank and
such incumbent officer would be competent to effect recovery of outstanding bank dues. SLBC
convenor has sent the above proposal of Delhi Govt. to all SLBC member Banks with the request
to examine the same and send their views. However, no bank has reverted to this issue till date.
All SLBC members are again requested to send us their views on the matter immediately.
******
44
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 13
KISAN CREDIT CARD SCHEME
The Statement showing KCCs issued by various Banks is placed at Annexure-A (page no.91).
The Summarized position is as under:
(Rs in Lacs)
KCC
CARDS ISSUED
CUMMULATIVE
Scheme
Upto March, 12
During Current
During the Year
No.
Amt.
Quarter
No.
Amt.
No.
Amt.
No.
Amt.
8566 13004.04
449 2132.96
449 2132.96
9015 15137.00
Grand
Total
449 KCCs have been issued by all the Banks during the current quarter taking the cumulative
figure to 9015. Banks are requested to look into the matter and initiate necessary steps to
improve the position with regard to issuance of Kisan Credit Cards to farmers.
SWAROZGAR CREDIT CARD SCHEME
The Statement showing SCCs issued by various Banks is placed at Annexure-B (page no.92).
The Summarized position is as under:
(Rs in Lacs)
SCC
CARDS ISSUED
CUMMULATIVE
Scheme
Upto March, 12
During Current
During the Year
No.
Amt.
Quarter
No.
Amt.
No.
Amt.
No.
Amt.
71
44.42
0
0
0
0
71 44.42
Grand
Total
NABARD vide letter dt. 16/07/2012 has informed target of 500 SCCs for the State of NCT of
Delhi for the year 2012-13. This target has been allocated among SLBC member banks. All
concerned banks are requested to achieve the targets.
******
45
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 14
SELF HELP GROUPS
Self Help Group is a group of rural poor formed to initially engage in thrift activities and save
out of their earnings for contribution to a common fund, which can be lent to the members for
meeting productive/emergent credit needs. It is a homogeneous group voluntarily formed to save
whatever amount the member can save conveniently.
The statement showing SHGs formed and linkages made by various Banks in Delhi is placed at
Annexure ‘A’ (page no.93).
The summarized position is as under:-
UPTO
31.03.12
SHGs FORMED
2011-12
DURING THE QTR
DURING THE YEAR
UNDER REVIEW
3458
62
62
CUMULATIVE
3520
SHGs LINKAGE
2011-12
UPTO
31.03.12
NO.
1916
AMT
2241.33
DURING THE
QUARTER
NO.
AMT
37
57.40
DURING THE
YEAR
NO.
AMT.
37
57.40
(Rs in lacs)
CUMULATIVE
NO.
AMT.
1953
2298.73
3520 SHGs have been formed upto the quarter under review. Further 1953 Groups have been
linked and loans amounting Rs.2298.73 lacs have been disbursed. The involvement of banks is
required in formation and linkage of Self Help Groups. As only approx 55% of the SHGs formed
have been credit linked, banks are requested to direct their efforts in linkage of SHGs also.
******
46
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 14(A)
JOINT LIABILITY GROUP
Government, through NABARD and Banks is encouraging formation of Joint Liability Groups
(JLGs) of farmers. The target of providing KCC to financially excluded farmers, particularly
tenant farmers, lessees and farmers belonging to weaker sections can be best achieved by
promotion of JLGs of such farmers.
Only four groups of JLGs formation has been reported by banks during the quarter under review.
Corporation bank has formed 3 JLGs and Oriental Bank of Commerce has formed 1 JLG during
the Quarter under review.
******
47
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 15
CREDIT FLOW TO WOMEN ENTREPRENEURS
The need for strengthening credit delivery to women has been engaging the attention of the
Government and other developmental agencies like RBI/NABARD for quite some time. In this
connection, Government of India had constituted a Committee of Secretaries (CoS) to examine
the issue, on how to meet the credit needs of women within the existing institutional frame work.
To monitor the credit flow to women, all participants were requested to take into account credit
extended to women directly for smaller projects, credit under different Schemes of banks/Govt.
Sponsored Schemes and credit to companies where majority of the promoters share are held by
women; partnership firms where majority of the partners are women and proprietary concerns
where proprietors are women.
Statement showing the performance of various banks as on June 2012 is shown as per Annexure
‘A’ (page no. 95) and summarized position is as under:JUNE.11
Total
Advances to
Women
Entrepreneurs
7847.88
MARCH-12 JUNE.12
7259.50
8297.20
VARIATION
(Amount in Crore)
%AGE TO PRIORITY
SECTOR ADVANCES
OVER OVER THE Mar 11 Dec 11 Mar 12
THE
QUARTER
YEAR
449.32
1037.70 12.34 11.06
12.94
Advances to women entrepreneur have increased by Rs. 449.32 crore over the year under review
and increased by 1037.70 crores during the quarter under review.
All banks are requested to increase advances to women entrepreneur.
******
48
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 16
CREDIT FLOW TO WEAKER SECTION
Statement showing advances made to Weaker Section by various banks as on June 2012 is
placed at Annexure (page no.96) and summarized position is as under:-
Credit to weaker
section
JUNE.11
AS ON
MAR.12
JUNE.12
3775.24
3738.31
3803.68
(Rs. in crore)
VARIATION
Over the
Over the
year
Qurter
28.44
65.38
Advances to Weaker Section have increased by Rs. 28.44 crore over June-2011 and by Rs. 65.38
crore over the last Quarter. All banks are requested to ensure early disposal of proposals
belonging to Weaker Section and increase advances under this segment.
******
49
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 17
ADVANCES TO MINORITY COMMUNITIES
A statement showing advances made to Minority Communities is given as per Annexure 'A' (page
no. 97). The summarized comparative position is as under:(Amount in Crore)
AS ON
VARIATION
JUNE-11 MAR.-12 JUNE-12
Over the year
Over the Quarter
Credit
to
3620.28
4261.25 4441.16
820.88
179.91
Minority
Communities
It is observed that advances to 'Minority Communities' have increased by Rs.820.88 crore over
the year and by Rs.179.91 crore over the quarter.
ADVANCES TO SPECIFIED
DISTRICT: NORTH EAST
MINORITY
COMMUNITIES
IN
IDENTIFIED
A statement showing advances made to Specified Minority Communities in identified North-East
District as on June 2012 is given as per Annexure 'B' (page no.98-100). The summarized comparative
position is as under :-
Credit
to
Specified
Minority Communities
Christians
Muslims
Buddhists
Sikhs
Zoroastrians
Sub Total
Others
Total
Share of (Sub-total) of
(Total) in %
JUNE-11
38.92
285.67
28.97
294.85
0.47
648.88
3271.83
3920.71
16.55
AS ON
MAR.-12 JUNE-12
22.79
144.96
2.65
71.65
0.06
242.11
8033.32
8275.43
2.93
50
24.70
137.53
8.55
100.38
0.62
271.78
8298.53
8570.31
3.17
(AMOUNT IN CRORE)
VARIATION
Over the
Over the
year
quarter
-14.22
1.91
-148.14
-7.43
-20.42
5.9
-194.47
28.73
0.15
0.56
-377.10
29.67
ADVANCES TO SPECIFIED
DISTRICT: CENTRAL
MINORITY
COMMUNITIES
IN
IDENTIFIED
A statement showing advances made to Specified Minority Communities in identified Central
District as on June 2012 is given as per Annexure 'C' (page no.101--103). The summarized
comparative position is as under:(AMOUNT IN CRORE)
Credit
to
Specified
AS ON
VARIATION
Minority Communities
JUNE-11
MAR.-12 JUNE-12
Over the Over the
year Quarter
Christians
29.67
25.16
34.92
5.25
9.76
Muslims
108.45
129.53
145.04
36.59
15.51
Buddhists
6.84
3.04
3.52
-3.32
0.48
Sikhs
517.56
366.08
379.86
-137.70
13.78
Zoroastrians
0.29
0.13
0.12
-0.17
-0.01
Sub Total
662.81
523.94
563.46
-99.35
39.52
Others
1822.38
43281.76 43437.54
Total
2485.19
43805.70 44001.00
Share of (Sub-total) of
26.67
1.20
1.28
(Total) in %
ADVANCES TO SPECIFIED MINORITY COMMUNITIES IN ALL NON-IDENTIFIED
DISTRICTS EXCEPT NORTH-EAST & CENTRAL DISTRICTS
A statement showing advances made to Specified Minority Communities in non-identified
Districts as on June 2012 is given as per Annexure 'D' (page no.104-106). The summarized
comparative position is as under :(AMOUNT IN CRORE)
Credit
to
Specified
AS ON
VARIATION
Minority Communities
JUNE-11
MAR.-12 JUNE-12 Over the Over the
year
Quarter
Christians
139.65
237.23
230.95
91.30
-6.28
Muslims
1002.56
900.18
1073.80
71.24
173.62
Buddhists
12.98
13.81
12.96
-0.02
-0.85
Sikhs
1642.91
2151.85
2284.93
642.02
133.08
Zoroastrians
1.25
2.02
3.27
2.02
1.25
Sub Total
2799.35
3305.09
3605.91
806.56
300.82
Others
31584.89
332440.69 505641.71
Total
34384.24
335745.78 509247.62
Share of (Sub Total) of
8.14
0.98
0.71
(Total) in %
All banks are requested to increase advances to Minority Community. The Reserve Bank of
India has recently issued Master Circular No.RPCD.GSSD.BC.No.2/09.10.01-2012-12 dated
02.7.2012 on credit facilities to Minority Communities (placed at Page No. 111. All banks are
also requested to go through this circular and comply with all instructions/guidelines contained
therein.
******
51
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 18
CREDIT FLOW TO DISABLED PERSONS
A statement showing advances made to disabled persons as on June 2012 is given as per
Annexure ‘A’ (page no.107 ). The summarized position is as under:-
JUNE.11
Credit to Disabled
Persons
74.27
As on
MAR.12
JUNE.12
179.81
181.02
(Rs in Crore)
VARIATION
Over the year
Over the
Quarter
106.75
1.21
Advances to disabled persons have increased by Rs.106.75 crore over June 2011.
Only 09 Banks have reported figures in respect of advances made to disabled persons. All those
Banks, which have not reported any figure, are requested to look into it so that the data relating
to this category is correctly reported. All Banks are also requested to advise branches under their
control to consider and dispose of proposals received from borrowers belonging to disabled
categories on priority basis.
******
52
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 19
CREDIT FLOW UNDER DIFFERENTIAL RATE OF INTEREST SCHEME (DRI)
A statement showing Advances under DRI Scheme is placed at Annexure ‘A’
summarized position is as under:
JUNE.11
Credit Under DRI
Scheme
13.21
As on
MAR.12
JUNE.12
16.64
16.75
(page no.108 ).
The
(Rs in Crore)
VARIATION
Over the year Over the Quarter
3.54
0.11
Advances under Differential Rate of Interest Scheme, which are mere 0.03% of total Priority
Sector Advances and 0.003% of total advances are far behind the stipulated benchmark of 1% of
previous year’s Net Bank Credit. All the Member Banks are requested to intensity the efforts for
increasing DRI advances so that we can move towards achieving the prescribed benchmark.
******
53
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 20
CREDIT FLOW TO EX-SERVICEMEN & WIDOWS OF EX-SERVICEMEN
A statement showing advances made to Ex-Servicemen and Widows of Ex-Servicemen by
various Banks as on June 2012 is placed at Annexure A (page no. 109-110) and summarized position
is as under :POSITION AS ON JUNE, 2012
(Rs. in lac)
Upto JUNE 2012
2011-12
Credit to ExServicemen
& their
Widows
No. of
Beneficiaries
Loan
Sanctioned
Loan
Disbursed
No. of
Beneficiaries
Loan
Sanctioned
Loan
Disbursed
488
953.50
877.10
227
1076.00
992.00
Advances to Ex-Servicemen and Widows of Ex-Servicemen have been sanctioned aggregating
Rs. 953.50 lacs to 488 beneficiaries during the year 2011-12 and Rs.1076.00 lacs to 227
beneficiaries during the year.
SEMFEX SCHEME
A statement showing advances made under SAMFEX Scheme by various Banks as on June 2012
is placed at Annexure B (page no.108) and summarized position is as under :POSITION AS ON JUNE 2012
Applications
Recd
24
Applications
Sanctioned
24
Applications
Rejected
0
Applications
Pending
0
(Rs. in lac)
Disbursements
No.
Amt.
24
124.00
All Banks are requested to increase the advances to Ex-serviceman and Widows of ExServicemen.
******
54
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 21
IMPLEMENTATION OF REVIVAL, REFORM AND RESTRUCTURING PACKAGE
FOR HANDLOOM SECTOR
The Financial Package of Rs. 3,889 crore for loan waiver of Handloom Sector has been approved
by the Cabinet Committee on Economic Affairs on 24th November, 2011. The Comprehensive
Package for the Handloom Sector for Rs. 2,362 crore has also been approved by the Cabinet on
18th December, 2011. The Government of India, Ministry of Textiles has already communicated
the guidelines for implementation of Financial Packages for Handloom Sector with the advice
to all concerned to ensure compliance of the same.
All Banks are requested to ensure that the Packages announced by the Government are
effectively implemented. All banks are also requested to send progress made in implementation
of Packages to SLBC Convenor immediately.
******
55
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 22
AUTOMATION OF STATE TREASURY
The Public Sector Banks are providing banking services to various State Governments and are
effecting payments on behalf of the State Government Treasuries. Presently all the works
related to State Treasuries is done manually. Some of the State Government Treasuries have
adopted some technological solutions for electronically authorization to banks. However, the
processes of the treasuries have not been fully automated upto now to reap the benefits of
technology. The full automation of interface of State Government Treasuries with the banks
would have immense benefits for all the stakeholders including the concerned State
Governments, the banks and the beneficiaries, such as, convenient and smooth processes, instant
fund transfer and quick credits to all beneficiaries’ accounts, elimination of risks associated with
human interference, cost and time efficient transactions, quick settlement of claims, automatic
reconciliation of transactions, substantially reduced paper work, etc. The Ministry of Finance,
Government of India has desired that the State Government Treasuries should be fully
automated.
The matter of Automation of State Treasury was taken up in the last SLBC Meeting also and
SLBC Convenor Bank had made necessary follow-up with the State Government. Now, the
Finance Department, Govt. of NCT of Delhi has informed that they are in the process of
automation of Treasury. The Government of NCT of Delhi is requested to expedite the work.
******
56
68th STATE LEVEL BANKERS’ COMMITTEE MEETING FOR NCT OF DELHI FOR
THE QUARTER ENDED JUNE 2012
AGENDA NO. 23
DETECTION AND IMPOUNDING OF COUNTERFEIT NOTES
The Reserve Bank of India has recently issued Master Circular No. DCM (FNVD) No. G16.01.05/2012-12 dated 02.07.2012 on Detection & Impounding of Counterfeit Notes (placed at
Page No. 119).
All banks are requested to go through the circular and comply with the
instruction contained therein.
******
57