MINUTES
OF
134TH MEETING OF
STATE LEVEL BANKERS’ COMMITTEE,
PUNJAB
Held on 04.11.2015
AT
HOTEL MOUNT VIEW,
CHANDIGARH
CONVENER:
PUNJAB NATIONAL BANK
STATE LEVEL BANKERS’ COMMITTEE
PUNJAB, CHANDIGARH
Minutes 134th SLBC Meeting of Punjab
1
134TH MEETING OF SLBC PUNJAB
The 134TH Meeting of the State Level Bankers’ Committee, Punjab was held
on 04.11.2015 at Hotel Mount View, Sector-17, Chandigarh to review the
performance of banking system in the State of Punjab for the period ended
September 2015. Madam Monika Thind, IES, Deputy Director,
(Finance) Govt. of Punjab was the Chief Guest. Shri Gauri Shankar,
Executive Director of Punjab National Bank presided over the meeting.
The list of participants is as per Annexure.
Shri Ashok Gupta, Field General Manager, PNB & Convener, SLBC
extended a warm & hearty welcome to Madam Monika Thind, IES,
Deputy Director, (Finance) Govt. of Punjab, Shri Gauri Shankar, Executive
Director, Punjab National Bank and Chairman of the meeting,
Madam Rashmi Fauzdar, Regional Director, RBI, Chandigarh and
Dr. P. M. Ghole, CGM, NABARD Regional Office, Punjab.
Shri Ashok Gupta, Field General Manager-PNB & Convener (SLBC) also
extended a warm & hearty welcome to Senior Officers from State
Government, Banks, Financial Institutions, various Corporations members
from press & media.
Shri Ashok Gupta in his welcome address, thanked Madam Monika
Thind, IES, Deputy Director, (Finance) Govt. of Punjab for his
benign presence in the meeting.
Shri Gupta further apprised the house that Punjab State has not only
taken a lead in implementing all the schemes of Govt. of India i.e. PMJDY,
PMSBY, PMJJY & APY but also implemented dream project of Electronic
Benefit Transfer for Government Schemes of Hon’ble Chief Minister,
Punjab. With the active support and guidance of the State Government,
Banks have been able to make payment to 97% beneficiaries under social
security schemes under EBT.
Minutes 134th SLBC Meeting of Punjab
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Shri Gupta conveyed on behalf of himself and all member banks his sincere
thanks to the State Govt. for their active support and guidance for
implementation of the EBT programme in the State. Shri Gupta requested
all the member banks to keep up the momentum and ensure not only to
maintain these mile stones but to surpass them too.
Shri Gupta further informed the house that during the meeting, the
performance of banks in the State of Punjab under key parameters for the
period ended September 2015 would be reviewed besides other important
issues listed in the agenda. He further mentioned that timely submission of
correct SLBC data by stakeholders is a pre-requisite for adhering to the
schedule of meetings. He requested that SLBC data duly checked/
compared with previous data be made available to SLBC Secretariat by 15th
of the close of each quarter.
Shri Gupta thanked the bankers and LDMs and urged upon them to
continue with the same spirit in future as well.
Shri Gauri Shankar, Executive Director, Punjab National Bank and
Chairman of the meeting in his address apprised the house about the
initiatives taken by RBI On 29th September, 2015 in the fourth Bi-Monthly
Monetary Policy Statement 2015-2016 as under : 



Reduction in the policy repo rate under the liquidity adjustment
facility (LAF) by 50 basis points from 7.25 per cent to 6.75 per cent
with immediate effect;
Cash reserve ratio (CRR) of scheduled banks kept unchanged at 4.0
per cent of net demand and time liability (NDTL);
continue to provide liquidity under overnight repos at 0.25 per cent
of bank-wise NDTL at the LAF repo rate and liquidity under 14-day
term repos as well as longer term repos of up to 0.75 per cent of
NDTL of the banking system through auctions; and
continue with daily variable rate repos and reverse repos to smooth
liquidity.
Minutes 134th SLBC Meeting of Punjab
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
Consequently, the reverse repo rate under the LAF stands adjusted to
5.75 per cent, and the marginal standing facility (MSF) rate and the
Bank Rate to 7.75 per cent.
Shri Shanker further apprised the house background of the Financial
Inclusion on the basis of Prime Minister Jan Dhan Yojana a flagship
programme was launched by Govt. of India in which Banking Fraternity
created history by opening “ 1,80,96,130 bank accounts in one week as
part of the Financial Inclusion Campaign from 23rd to 29th August 2014”.
This achievement has found its way in Guinness Book of World
records.
Shri Shanker on behalf of himself and all member banks conveyed his
sincere thanks to the State Govt. for their active support and guidance for
implementation of the Prime Minister Jan Dhan Yojana.
Touching upon the announcement of the two insurance schemes pertaining
to the insurance sector namely Pradhan Mantri Suraksha Bima Yojana
(PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Shri
Shanker apprised that these schemes were launched for creating a
universal social security system for all Indians especially the poor and the
under-privileged.
Shri Shanker further informed that though a large number of persons have
enrolled yet a significant pool of eligible bank account holders remain
untapped due to inadequate awareness and outreach. Ministry of Finance
has already extended date for enrolment under both these schemes up to
30.11.2015. He requested all the banks, Insurance Companies and
government officials to mobilize their staff in the state for covering
maximum number of population under both these social security schemes
during this period.
Shri Gauri Shanker further briefed the house about the basic ingredients of
Atal Pension Yojna and MUDRA schemes of Govt. of India and requested
Minutes 134th SLBC Meeting of Punjab
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member banks to ensure meticulous compliance of the instructions of
Ministry of Finance for successful implementation of these schemes.
Shri Shanker expressed satisfaction over the achievements of banking
system in the State of Punjab and assured the State Government, Ministry
of Finance, Govt. of India, RBI and other stakeholders, of full cooperation
on behalf of Bankers towards strengthening and uplifting the socioeconomic conditions of the people of the State.
Madam Rashmi Fauzdar, Regional Director, RBI in her address
congratulated all the member banks for achieving National Goals under all
the parameters. Further in her address she mentioned that:
As per the revised guidelines of Govt of India vide which crop loss
from 50% to 33% for providing input subsidy has been reduced, she
advised SLBC/DLCC/banks to take a view on rescheduling of loans if
the crop loss is 33% or more as per the revised guidelines.
The banks which have not covered the villages having population
below 2000 were advised to complete their targets at the earliest as
100% targets were required to be achieved by the banks by August,
2015.
She advised all the controlling heads of banks having FLCs in the
State to ensure holding of one camp per month as per RBI
guidelines.
Financial Inclusion Fund (FIF) the
objectives of which is to support
“developmental and promotional activities” including creating of FI
infrastructure across the country, capacity building of stakeholders,
creation of awareness to address demand side issues, enhanced
investment in Green Information and Communication Technology
Minutes 134th SLBC Meeting of Punjab
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(ICT) solution, research and transfer of technology, increased
technological absorption capacity of financial service providers/users
with a view to securing greater financial inclusion. She informed that
the fund shall not be utilized for normal business/banking activities.
She advised the member banks to extend support to micro and small
units by reviewing lending policies so that adequate credit to viable
MSE
borrowers
is
available
especially
during
unforeseen
circumstances.
She advised the member banks to disburse loans to the tribal /dalit /
women entrepreneurs for start-ups as per the ‘Start up India’
programme launched on independence day by
Hon’ble Prime
Minister of India through bank branches, in alignment with and
complementary to our existing instructions to increase credit flow to
the Micro sector and our PSL guidelines and send the progress to
Reserve Bank of India.
Dr. P M Ghole, CGM, NABARD in his address congratulated the banks
for achieving 91% targets under Priority Sector. Touching on the data of
Term Loan in Agriculture provided by banks, Shri Ghole informed the house
that the share of Term Loan in Agriculture is short of the target fixed by
Govt. of India. He requested the member banks/LDMs to popularize the
Area Development scheme on Dairy of NABARD and lend liberally under
the scheme for increasing share of Term loan component under
Agriculture. Shri Ghole, showed his concern for non linkage of more than
10000 SHG groups. He requested LDMs for giving the bankwise targets for
credit linkage of Self Help Groups and review the same in DLCC/DCC
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meeting. Shri Ghole further requested all the member banks for lodging the
claims under FLCCs latest by 31st January 2016.
Madam Monika Thind, IES, Deputy Director, (Finance),
representative of Govt. of Punjab in her address mentioned that the
role being played by this forum for coordinating between State Govt. and
banks is really appreciable and she is immensely satisfied for the role being
played by the banks for development of the State. She exhorted Banks to
improve the CD ratio of Semi Urban and rural areas. Touching upon the
recent Progressive Punjab summit recently held at Mohali, she informed
that 378 MOUs worth of Rs.1.15 lac crore has been signed in the summit
and banks will have ample opportunities for making advance to the
prospective borrowers. She informed that around 53% of rural debt is on
account of non institutional finance and rural people take loans from local
Arhtias for consumption purposes. In order to curb the Farmers suicide
she desired that suitable policies for stressed farmers be framed. After that
she touched the important achievements of banking sector i.e. PMJDY,
social security schemes, collateral fee loans etc and assured full support
from the State Government to the Banking fraternity for the development
of the State.
Thereafter agenda for the meeting was taken for discussion and following
Action points emerged:Item No.1
Confirmation of minutes of 133rd Meeting of State
Level Bankers' Committee (Punjab) held on
13.08.2015.
The House confirmed the e-mailed/circulated minutes of above said
meeting.
Item No. 2
Pradhan Mantri Jan Dhan Yojana- Progress in
opening of accounts, Issuance of Rupay Card
Appointment of Bank Mitras & Aadhaar Seeding.
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The progress in opening of accounts under PMJDY and issue of Rupay card
was reviewed and found to be satisfactory. However while reviewing the
progress in appointment of Bank Mitras, the representative of Allahabad
Bank, UCo Bank & IDBI Bank were requested to appoint the Bank Mitras
immediately as success of the scheme will depend on appointment of Bank
Mitras.
Action: Concerned Banks.
Item No. 3
Launch of Pradhan Mantri Suraksha Bima
Yojana(PMSBY)and Pradhan Mantri Jeevan Jyoti
Bima Yojana (PMJJBY) & Atal Pension Yojana
(APY)
The house was apprised of the basic ingredients of the schemes and how
the awareness is being created across the state by imparting training to
each officer of the banks by PFRDA. Member banks were requested to give
adequate publicity to the scheme so that more people can get the benefit
of these social security schemes. In respect to the low progress in APY,
Chairman of the meeting desired that the reasons for low progress be
discussed in next “Steering Committee to SLBC” meeting.
Action: Member Bank/Convener Bank.
Item No. 3(i) Suggestion to cover KCC borrowers under
Pradhan Mantri Suraksha Bima
Scheme(PMSBY)
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The house was informed that Punjab National Bank has already issued the
circular to cover the KCC holders under PMSBY scheme as the premium
under the scheme is less with more coverage.
Member banks were requested to implement the same as it is beneficial to
the KCC borrowers.
Action: Member Banks.
Item No. 4
Pradhan Mantri MUDRA Yojana (PMMY).
While reviewing the progress, it was observed that the progress under the
scheme is not up to the mark. It was resolved that all the member banks
will finance minimum 25 cases per branch by 30th November 2015 and
send the progress to the Convener Bank.
Action: Member Banks/ Convener Bank.
Item No. 5
Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
The house was apprised of the basic ingredients of the scheme.Member
banks were advised to sensitize the field functionaries for successful
implementation of the scheme of Govt. of India.
Action: Member banks.
Item No. 5(i)
Minutes 134th SLBC Meeting of Punjab
Spread of Financial Literacy in Government
approved Industrial Training Institutes (ITIs)9
Mapping of FLCs to it is.
The house was apprised that the Lead District Managers have already
mapped the ITI s with FLCs operating in the district. Controlling heads of
banks operating Financial Literacy Centres were advised to send the
progress of Financial Literacy being imparted to trainees at ITIs directly to
the Ministry of Finance under copy to Convener Bank for placing the same
in the forthcoming Steering Committee meeting/SLBC meeting.
Action: Member Bank
Item No. 6
Opening of accounts of Unorganized workers.
The representative of DIF&B was requested for coordinating with labour
department for organizing camps for opening of accounts of unorganized
workers. LDMs were also requested to get in touch with the District Labour
officer for opening of accounts of unorganized workers.
Action: DIF&B/ LDMs.
Item No. 7
Telephone Connectivity- Issues faced by Banks/
Bank Mitras.
The house was apprised of the regular meetings being held with DOT and
TSPs of Punjab for resolving the issues of connectivity if any. Member
banks/LDMs were requested to send the connectivity problem if any to the
Convener Bank for resolving the same.
Action: Member Banks/LDMs.
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Item No. 8 Issues of Unique Identification Authority of India
(UIDAI)
The bank-wise/district-wise pendency in PMJDY, DBT in scholarship
scheme, MGNEREGA as well as State Pension scheme was reviewed and
representative of OBC,P&SB, IDBI, Indusind Bank, Federal Bank whose
%age seeding is low were advised to take steps for increasing the
seeding of Aadhaar number immediately.
Action: Member Banks.
Item No. 9 Status report of issues flagged in the 133rd meeting of
SLBC held on 13.08.2015 Issues raised & latest Status
Item No.
9(i)
Roadmap-Provision of banking Services in Villages
having Population below 2000
The position was reviewed and representative of SBI and Canara Bank
confirmed that the pending villages i.e. 17 in respect of SBI and 23 of
Canara Bank stands covered. Controlling heads Allahabad bank, BOI, CBI,
Uco Bank & Satluj Gramin Bank who have not still covered the villages
were advised to cover the same immediately as the same was to be
covered by March 2015.
Action: Concerned banks.
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Item No. 10 Progress Report of Financial Literacy Centres (FLCs)
The progress was reviewed and found to be satisfactory. No action point
emerged.
Item No.10(i)
Opening of Financial Literacy Centres (FLCs) at
block level.
While reviewing the progress in opening of FLC at block level and the
problem being faced in appointment of FLC councilors, it was resolved that
all the banks will open the Financial Literacy Centers by 31st December
2015 as per the allocation to their bank and send the progress to
respective LDM and Convener bank in this respect.
Action: Member Banks.
Item No. 11
Setting up of Rural Self Employment Training
Institutes (RSETIs)
While reviewing the progress of RSETIs, the house was informed that land
has not been allotted in 5 districts. The representative of department was
advised to allocate the land immediately for setting up of RSETI at these
centers.
Action: Rural Dev. Deptt.
Shri Rakesh Gupta, GM, PNB, apprised the house that MoRD has recently
decided that they will not provide any grant to new RSETIs. Banks must
take prior approval from MoRD before opening new RSETI.
Action: Member Banks
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Item No. 12
Electronic Benefit Transfer (EBT) for Government
Schemes
While deliberating on issue, it was desired that every bank should ensure
100% Aadhar seeding of EBT beneficiaries.
Action: Member Banks.
Item No.13
Guidance on the orders received from Police
Authorities.
During the deliberations Regional Director, RBI informed the house that
she has written a DO letter to Chief Secretary Punjab in this respect. The
representative of Department of Institutional Finance and Banking was
requested to take up the matter with the concerned Department, for
settling the issue amicably and apprise the position to convener bank.
Action: DIF&B.
Item No. 14
Reimbursement of Excess pension paid to the
dependents of deceased pensioners - Pending issue
of Sub-Committee meeting.
While deliberating on the issue, the representative of Institutional Finance
and Banking informed the house that some more information is required
for settling the issue. He was requested to inform the convener bank the
information required so that the same can be submitted for settling the
issue.
Action: Convener Bank/Deptt. of IF&B.
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Item No. 15
Measures to computerized Land Records by State
Government.
The house was apprised of the anomaly being committed while
computerizing land records in the state. The charge created in the
revenue records was deleted while computerizing revenue records and
some unscrupulous elements took advantage of the situation leading to
fraud/double financing as reported by Axis Bank and Canara Bank.
Describing the issue as very serious, Shri Gauri Shanker, Executive
Director, PNB & chairman of the meeting advised to take up the matter
with the Revenue Department after procuring complete details from
respective Banks. The representative of Axis and Canara Bank were
requested to send the complete detail to Convener bank for urgent
necessary action in the matter.
Action: AXIS and Canara Bank/ Revenue Department/ Deptt. of
IF&B/ Convener Bank.
Item No.16
Clarification in respect of Lien/noting on TS-1
record.
The representative of Department of Institutional Finance and Banking
informed the house that the reply from Local Bodies department is still
awaited. He was requested to take up the matter again and apprise the
decision taken to the Convener bank.
Action: DIF&B
Minutes 134th SLBC Meeting of Punjab
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Item No.17
Revision of income limit for SC beneficiaries
living below the poverty line-Notification of
new income limits for rural/urban areas.
The item was for information of the house and no action point emerged.
Progress under Debt Swap Scheme.
Item No.18
It was observed that the performance under scheme was not satisfactory
and it was desired that banks should lend liberally under the scheme to
achieve the allocated targets. The performance of Pvt. Sector Banks and
Cooperative Banks needs improvement. Member banks were advised to
lend liberally under the scheme.
Action: All Banks / Convener Bank/Pvt. Sector Banks.
Item No. 19 Review of Performance of Banks (excluding Coop.
Banks) in key areas relating to Deposits, Advances &
Priority Sector Advances.
The performance under key parameters was reviewed and found to be
satisfactory. No action point emerged.
Minutes 134th SLBC Meeting of Punjab
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Item No.19.(iv) Credit Deposit Ratio – Implementation of the
Recommendations of Expert Group on CD Ratio
LDMs of four districts i.e Kapurthala, Hoshiarpur, Nawan Shahar and
Jalandhar were advised to continue with their efforts to increase their CD
Ratios.
Action: LDM Jalandhar /Concerned LDMs.
Item No. 19 iv (i)
Overall CD Ratio
Lead District Managers/Banks were requested to take steps for further
improvement of overall CD ratio as also of branches in rural and semiurban areas.
Action: LDMs/Banks.
Item No. 20
Review of National Goals
The Chairman of the meeting advised all the Member Banks to ensure not
only achieving the national goals but surpass them convincingly.
Item No
21,21(i)
Education Loan Scheme targets& Monthly
progress of education loans.
The performance under education loan scheme was reviewed and Shri
Gauri Shanker, Executive Director and Chairman of the meeting
Minutes 134th SLBC Meeting of Punjab
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advised banks to lend liberally under the scheme so that no student is
deprived of the education for want of finances.
Action: All Banks.
Item No. 21(ii) ,
(iii)&(iv)
-Education Loan achievements.
-Progress of Education loans to Women
Students.
-Collateral Free Education Loans &
Position of NPA.
The progress was reviewed and no action point emerged.
Item No. 22
Advances to Minority Communities.
The performance under the parameter was reviewed and as there is
negative YoY growth in Muslim and Christians it was desired that the
reasons for the negative growth be ascertained and steps be taken for
improvement in the same.
Action: Member Banks/Convener Bank.
Item No. 22(i) Advances to Women Beneficiaries
The position was reviewed and found to be satisfactory. No action point
emerged.
Item No. 22(ii)
Advances to SC Beneficiaries
Minutes 134th SLBC Meeting of Punjab
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The position was reviewed and found to be satisfactory. No action point
emerged.
REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES
Item No.23
Review of Govt.
Programmes
Sponsored
Schemes
&
Item No.23(i)
National Rural Livelihood Mission (NRLM)Implementation in the State of Punjab
The performance under the scheme was reviewed and found to be
satisfactory. The representative of the department informed the house that
they are facing problem in credit linkage of SHG groups formed under the
scheme and to sensitize the field functionaries they are conducting
workshop in two districts shortly. For ensuring effective implementation of
the scheme at the grass root leve, Shri Rakesh Gupta, GM, PNB, requested
the department concerned to call the branch managers of banks for
participation in the said programme.
Action: Rural Development department/ Member bank.
Item No.23(ii)
Prime Minister Employment
Programme (PMEGP).
Generation
The performance under the parameter was reviewed and representative of
KVIC informed the house that many applications sponsored by their
department are pending for more than 2 months in the branches. Member
Banks were requested to dispose of the pending application on merits
expeditiously. Banks were advised not to keep the application pending and
Minutes 134th SLBC Meeting of Punjab
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dispose off all the sponsored application as per RBI guidelines. Further
member banks were requested to lodge the pending claim of the previous
years if any, immediately.
Action: Member Banks.
Item No.23 (iv)
National Urban Livelihoods Mission (NULM)
The house was informed that the present SJSRY scheme is replaced by
National Livelihood Mission (NULM) scheme. The representative of State
Urban Development Authority informed that they have formed 206 self
help groups and now the bank accounts of the groups will be opened. He
requested the member banks to facilitate in opening accounts of self help
groups.
Action: Member Banks.
Item No.24
Micro Financing – Self Help Groups
The representative of NABARD apprised the house that 10643 SHGs are
not credit linked. He requested that LDMs should allocate bank wise targets
for credit linkage of SHG groups and review the same in DCC/BLBC
meetings.
Action: Lead District Managers.
Item No.24(i)
Minutes 134th SLBC Meeting of Punjab
Joint Liability Groups- Financing of Joint
19
Farming Groups of ‘Bhoomi Heen Kissan’.
The progress under the scheme was reviewed and no action point
emerged.
Item No. 25
Annual Credit Plan 2015-16
Item No.
25(i)
Annual Credit Plan 2015-16 Achievements up
to 30.09.2015
The achievement under ACP was reviewed and found to be satisfactory.
Member bank/LDMs were advised to keep up the momentum for not only
achieving the targets but to surpass them convincingly.
Action: Banks/LDMs.
Item No. 25(ii) NPA in Agriculture Sector
The performance under the parameter was reviewed and found to be
satisfactory. No action point emerged.
Item No. 26
Ground level Credit data
The performance under the parameter was reviewed and representative of
NABARD desired to provide them the district wise GLC data for critical
analysis of the same.
Action: Convener Bank.
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Item No.28
Farmers’ Club Programme
The progress under the scheme was reviewed and no action point
emerged.
Item No.29 National Horticulture Board & National
Horticulture Mission
The progress under the scheme was reviewed and no action point
emerged.
Item No30
Advances to Industrial Sector
Item No. 30(i)
Credit to Micro, Small & Medium Enterprises
(MSME)
The progress under the scheme was reviewed and member banks were
requested to lend liberally under the scheme for achieving all the targets
under this parameters.
Action: Banks.
Item No. 30.i (a)
Financing of New Units
The progress was reviewed and no action point emerged.
Item No. 30.i (b) Collateral Free Loans to MSME
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The performance of the banks was reviewed and observed that some of
the banks have not provided 100%collateral free advances. These Banks
were advised to analyze reasons for the same and exhorted to provide the
collateral free advances as per RBI guidelines.
Action: Member Banks.
Item No. 30.i (c)
Position of NPA in MSME advances
The position was reviewed and Chairman of the meeting desired that
recovery efforts to be put in place and steps should be taken by the
member banks to reduce the NPA level in collateral free advances made to
MSME
Action: Banks
Item No. 30.i (d) Review of Growth in MSE Accounts
The progress was reviewed and no action point emerged.
Item No. 30.i (e) Position of Sick MSEs.
The progress was reviewed and the house observed that there are 1125
units where decision about viability is yet to be taken. House advised all
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the concerned banks to take decision within the time frame as per the RBI
guidelines. Chairman of the meeting advised that decision be taken latest
by 31.12.2015.
Action:Concerned Banks
Item No. 30.i (f) Credit Guarantee Fund Scheme for Micro &
Small Enterprises
Progress was placed before the house and the same was found
satisfactory, no action point emerged during discussions.
Item No. 31
Recovery of Banks' Dues
Item No. 31(i) Recovery Under Key Parameter of Priority
Sector
The progress was reviewed and no action point emerged.
Item No. 31(ii)
Recovery Under Government Sponsored
Programmes
The progress was reviewed and no action point emerged.
Item No. 32
Minutes 134th SLBC Meeting of Punjab
Recovery of Banks' Dues- Pending Recovery
Certificates under State Recovery Act.
23
The Controlling Heads/LDMs were requested to use the mechanism of
BRICS for effecting recovery under the certificates filed under State
recovery Acts. The State Government was also requested to issue
instructions to Sponsoring Agencies/Revenue Department to help bankers
in recovering their dues.
Action: Member banks/LDMs/ Revenue Deptt.
Item No. 33 Delay in taking possession of assets by Chief
Metropolitan Magistrates/District Magistrates under
section 14 of SARFAESI Act, 2002.
The house resolved that the full details of the cases be sent to the DIF&B
and representative of DIF&B was requested to take up the matter with the
concerned DCs in the matter. Member banks were requested to send the
complete detail to Convener Bank for taking necessary action in the matter.
Action: Member Banks/DIF&B/Convener Bank.
Item NO. 34
Housing Finance- Direct Loans
The progress was reviewed and no action point emerged.
Item No 35.
Yearly Calendar of holding SLBC Meetings.
The house was informed that the next meeting is scheduled for 12th
Feburary 2015. Member Banks/departments were requested to ensures to
compare the data with the previous quarter/ relevant period before
submitting the same to SLBC secretariate.
Action: Member Banks/LDMs.
Minutes 134th SLBC Meeting of Punjab
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Any other issue with the permission of the Chair.
Item No. 36 to 50
All the above items were for information of the house and no discussion
took place.
Vote of Thanks
The meeting ended with a vote of thanks by Shri Parveen Raghvendra,
Deputy General Manger, State Bank of India.
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