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129th Meeting of State Level Bankers’ Committee (Punjab)

The 129th meeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended June 2014 will be held on 13.08.2014 at 11.00 AM at Hotel Shivalik View, Sector 17, Chandigarh. Following issues shall be taken up for discussions in the meeting:-.

Item No.1

Confirmation of minutes of 128th Meeting of State Level Bankers' Committee (Punjab) held on 21.05.2014.Last Meeting of SLBC 128th Held On 21.05.2014Minutes e-mailed /Circulated On

04.06.2014

Comments Received NIL

The House may confirm the emailed/ circulated minutes.

Item No. 2

“Sampoorn Vittiyea Samaveshan (SVS)” - Comprehensive Financial Inclusion under Missiion Mode.

Department of Financial Services, Ministry of Finance, Government of India, vide their e-mail dated 26th June 2014 has informed that Prime Minister’s office has asked for preparation of an immediate time bound action plan for 100% Financial Inclusion of all the households across the country. In this regard, a comprehensive Financial Inclusion plan to be launched under the Mission Mode - “Sampoorn Vittiyea Samaveshan (SVS)“ has been prepared.

Agenda papers of 129thMeeting of SLBC-Punjab

The plan will be launched on 15th August 2014 and will be implemented in phases in a time bound manner.

In this context, a Special SLBC was convened on 05.08.2014 under the Chairmanship of Dr. Ram S. Sangapure and Madam Vini Mahajan, IAS, Principal Secretary (Finance), Govt. of Punjab was the Chief Guest.

The main action point emerged for LDMs in the said meeting were as under:

1. That LDMs to revisit the allocation of SSAs and Wards allocated to bank and submit duly tallied revised allocation to SLBC on or before 11.08.2014 on the format already with them. (While making reallocation, effort be made that as far as possible minimum changes are made. While allocating the wards in urban centre, the whole ward should be allocated to one bank).

2. Issue of connectivity be taken up with BSNL in the district and name of the areas having problems of connectivity be intimated to SLBC.

3. It was also resolved that Office of the Lead District Manager should be adequately strengthened as desired by DFS, MoF, GoI. LDMs were requested to apprise us the inadequacy, if any for taking up the matter with controlling Heads of Bank having lead Bank responsibility.

Convener Bank has already advised LDMs to send the reply to the above observations by the given date and it was also mentioned that if no information is received by the given date, it shall be presumed that they have nothing to report in the matter and the previous information will be treated as Final.

The House may deliberate.

The main action point emerged for Member Banks in the said meeting were as under:


1. It was confirmed by the member banks that Aadhaar is being accepted as the sole document for opening of new accounts.

2. Hard copy of Aadhaar is not being insisted upon while making the payments of social security schemes. As the Aadhaar number is verified by the concerned department before sending the lists to Banks.

3. It was desired by Principal Secretary(Finance), Govt. of Punjab that Office of Lead District Managers be adequately strengthened as desired by the DFS, MoF, GoI in his letter addressed to CMDs/CEO of commercial Banks.

Convener Bank has already advised Member Banks to confirm that the instructions are percolated at the branch level in respect of point no. 1&2 and in respect of point no 3, member banks to confirm that the LDM office has been adequately strengthened.

(Minutes of the meeting are enclosed at Annexure No.1 for information of the house and with the instructions to take action wherever required.)


Item No. 3 Status report of issues flagged in the 128th

meeting of SLBC held on 21.05.2014 Issues raised & latest Status

Item No.3(i) Roadmap-Provision of banking Services in Villages having population below 2000

Total 10132 unbanked villages in the above population segment in the state have been allocated to various banks. A monitoring and review mechanism has been instituted by DCCs to periodically assess and evaluate the progress made in allotment of villages and achieving the target indicated in the roadmap including the quality Agenda papers of 129thMeeting of SLBC-Punjab

of services provided by the banking outlets. Banks in the State of Punjab have covered 6689 villages up to 30.06.2014 bank wise progress is as per Annexure 2.During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, the representative of RBI, apprised the house that while verifying the actual working of BCs in the field, it has been observed that most of the BC uses the concept of pre funding while making payments to the account holders i.e. they make payment only to the extent credit is available with them. He requested the member banks to take steps to stop this practice in the field. He further advised all the member banks for activating the existing BCs. The representative of Reserve Bank of India advised that Lead District Managers should visit all the BC locations to take a overview about the working of BCs.

House may discuss.

During the deliberations in the Special SLBC meeting on CFI held on 05.08.2017, Madam Vini Mahajan, IAS, Principal Secretary (Finance), Govt. of Punjab desired to apprise her the targets for the coverage of remaining villages. Chairman of the meeting apprised her that since as per the Comprehensive Financial Inclusion Scheme of Ministry of Finance all the villages in the State has to be mapped in SSAs and the same has to be covered as per the time schedule fixed by the Ministry of Finance, the bifurcation of villages with less than or more than 2000 population and coverage of the same has no significance.


Item No. 4 Opening of One Bank Account per family in Rural Area and Urban Areas – Allocation of Wards

With a view to achieve the objective of Financial Inclusion and to implement Direct Benefit Transfer Scheme both in Urban and Rural Areas, DoFS, MoF, GoI has been advising the banks to ensure opening of one account per family. Agenda papers of 129thMeeting of SLBC-Punjab

The position of accounts opened by banks in Urban as well as in the Rural Areas in different districts as on 30.06.2014 is as under:-

Name of District

Rural UrbanTotal No. of

Households

Households

having Bank A/C

Households yet

to be covered

Total No. of

Households

Households

having Bank A/C

Households yet to be

coveredAmritsar 212566 191670 20896 267737 264443 3294Bathinda 208993 177644 31349 66377 59739 6638Barnala 74819 55002 19817 37457 33224 4233Faridkot 76262 73552 2710 41931 38802 3129Fatehgarh S. 71158

71158 024485

24422 63

Firozpur 103337 103337 0 0 0 0Gurdaspur 324613 324212 401 66571 65203 1368Hoshiapur 258523 258523 0 71171 71171 0Jalandhar 213390 213390 0 240683 237286 3397Kapurthala 106870 91026 15844 58466 58466 0Ludhiana 345242 324106 21136 535178 478125 57053Mansa 70616 70616 0 53280 53280 0Moga 123151 111527 11624 32318 29539 2779Mohali 82601 82601 0 114500 114500 0Muktsar 122957 119067 3890 49835 47646 2189Nawanshahar 102297

102297 026337

26337 0

Patiala 209720 207620 2100 152020 150500 1520Ropar 96022 96022 0 36832 36832 0Sangrur 215367 208070 7297 98663 95302 3361Tarn Taran 182923 176965 5958 36857 35947 910Fazilka 118018 115689 2329 51988 49786 2202


Pathankot 177882 173554 4328 25773 25123 650TOTAL 3497327 3347648 149679 2088459 1995673 92786

Member banks are requested to open accounts of the left out families at the earliest for implementation of 100% coverage of all the households in the State.

Item No. 4(i) Opening of at least one account per household

During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, the house was apprised of the changed guidelines of DFS, MoF, GoI conveyed in the meeting of SLBC Conveners held on 23.07.2014, vide which it was decided to open at least one account per household. Member banks were requested to take action as per the decision of the Ministry of Finance.

Convener Bank has advised all the LDMs to revisit the ward allocation and inform to the Convener Bank if there is any change and for providing a copy of the wards allotted to banks to the concerned DCO of the banks for implementation of Sampoorn Vittiyeya Samaveshan (SVS) in the State.

House may discuss.

Item No. 5 Mapping of Gram Panchayats and Planning for BCAs/ CSCs for Direct Benefit Transfer- Sub Service Area (SSA) Approach.

With the announcement of Direct Benefit Transfer in 43 Districts w.e.f. January, 2013 and in 78 districts w.e.f.01.07.2013 in the country in a phased manner, it has become necessary that comprehensive plan for coverage of the entire country through banking services to enable Direct Benefit Transfer is prepared. District wise list of Mapping of Gram Panchayat as per Sub Service Area Approach have already been completed and sent to Controlling Agenda papers of 129thMeeting of SLBC-Punjab

Heads of all the Banks. During the deliberation in the Special SLBC meeting held on 05.08.2014, LDMs were advised to revisit the SSAs and send the change if any in allotment of SSAs to the Convener Bank.

The house may deliberate.

Item No. 6 Direct Benefit Transfer (DBT)

Department of Financial Services, Ministry of Finance, Government of India vide their letter no F.No.6/41/2012-FI(Vol.III) dated 1st April 2013 has informed that, the Government has decided to extend the Direct Benefit Transfer Scheme to 78 more Districts w.e.f. 1.7.2013. In the State of Punjab, Barnala & Jalandhar districts have been identified and added for implementation of DBT in addition to the SBS Nagar, Fatehgarh Sahib & Gurdaspur district already identified for implementation of DBT in 1st phase. Detailed instructions have already been mailed to member banks for opening of bank accounts, seeding of Aadhaar and strengthening of banking infrastructure in the districts covered under Direct Benefit Transfer.

During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, the house was apprised of the sending of list of beneficiaries by SC Welfare Department Punjab of pre-Matric Scheme for seeding of Aadhaar number of bank account for implementation of the scheme. It was also informed that department is not providing exact 16 digit number in many accounts, as a result the same cannot be seeded by LDMs/Banks. The representative of Department of Social Security Women & Child Welfare was requested to ensure that in the lists sent to the LDMs for seeding of Aadhaar number, 16 digits account number be provided invariably.

Controlling Heads of Concerned Banks and LDMs are requested to ensure seeding of Aadhaar number with bank account for implementation of DBT Scheme in the State.


Item No. 7 Unique Identification Authority of India - Seeding of Aadhaar Number in Bank Accounts of DBT/DBTL Beneficiaries

During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, the house was apprised of guidelines of Department of Financial Services, MOF, GoI regarding seeding of Aadhaar Numbers in CBS for LPG Subsidy, Seeding of the Bank Accounts with Aadhaar Number & Validity of E-Aadhaar as proof of identity. The representative of UIDAI informed the house that Aadhaar has been seeded in 38% of bank accounts and 50% of DBTL accounts. He apprised the house that the detail of Aadhaar seeded accounts is readily available at http//auth.igate.com/ PNGPMIS/ AadhaarseedingExt.htm which is a public domain site and anybody can view the same.

Controlling Heads of all the banks are requested to advise branches under their control to seeding of Aadhaar number for implementation of other schemes of Govt. of India.

Item No. 8 Charges from KCC applicants by Bank advocates.

During the deliberation in the 128th meeting of SLBC held on 21.05.2014 the house was apprised of a VIP-Reference addressed to Hon’ble Finance Minister received through Reserve Bank of India vide which they have informed that advocates are charging Rs.1500-2000 from the each farmer while issuing Kissan Credit Card (KCC). These charges should either be borne by the bank or waived as farmers have already mortgaged the land and mutation stands Agenda papers of 129thMeeting of SLBC-Punjab

entered in favour of bank and there is enough security available to the bank. The house decided that the issue be discussed in the Sub-Committee meeting to SLBC.

In the Sub-Committee meeting to SLBC held on 16.06.2014, it was resolved that Advocate Fee be paid by bank direct to advocate to obviate chances of overcharging from farmers and Convener bank should write to the controlling heads of all the banks that these charges should be rationalized and there should not be any disparity in charging of fees by advocated in KCC accounts.

During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, the house was informed about the decisions taken in the Sub-Committee meeting to SLBC wherein the issue was discussed threadbare. After deliberation it was decided that an amount of Rs.1100/- as one time advocate fee be charged for issue of NEC in case of Kissan Credit Card. It was also decided that the said fee be paid to the advocate by debiting account of the borrower and farmer should not be asked to go to the advocate.

The house may deliberate and approve.

Item No. 9

Installation of Onsite ATMs in all Branches of PSBs/ RRBs and issuance of Debit Cards to all account holders in identified districts for Direct Benefits Transfer

In view of the roll out of the Direct Benefit Transfer, it is important that the 43 districts of Phase-I and the 78 districts of Phase-II are taken up on priority for installation of ATMs. Banks operating in the identified districts were requested to install onsite ATMs.

The District wise/ Bank wise position in the State is enclosed as per Annexure-3.


The Controlling Heads of the Banks are requested to ensure installation of ATMs as per instructions of Ministry of Finance.

Item No. 9(i) INSTALLATION AND MANAGED SERVICES OF CASH DISPENSERS (CDs) – CONVEYING DETAILS TO SLBC CONVENERS AND STATE LEVEL HEADS.

Department of Financial Services, Ministry of Finance, Government of India vide its letter dated 04.08.2012 addressed to CMDs of all the Public Sector Banks has advised for outsourcing of installation & managed services of Cash Dispensers on geographical cluster basis. In the cluster comprising State of Punjab & J&K, Union Bank of India has been advised for installation and managing services of Cash Dispenser through M/S FIS Payment Solution and Services India Pvt. Ltd.

Bank wise report for progress of installation of ATMs up to June-2014 is as per Annexure-4.

Controlling heads especially of Union Bank and other banks/LDMs are requested to take steps for installation of CDs as per the schedule.

Item No. 10 Progress Report of Financial Literacy Centres (FLCs)

The consolidated performance of the FLCs up to June-2014 is as per Annexure-5 & 5(a).

ObservationsAgenda papers of 129thMeeting of SLBC-Punjab

During quarter ended June-2014, 6626 persons availed indoor services from Financial Literacy Centres working in the State of Punjab.

During the quarter ended June-2014, 368 outdoor activities were undertaken in which 12506 persons participated in these activities by Financial Literacy Centres in the State.

Individual centre wise analysis reveals that the functioning of the centres at Fatehgarh Sahib, Faridkot, Ropar, Pathankot requires more publicity.

During the quarter ended June-2014, 4501 Financial Literacy Camps have been organized by rural branches in the State of Punjab in which 36594 persons participated.

The House may review the performance of FLCs.

During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, Shri Chalia, GM, NABARD, apprised the house that NABARD is reimbursing 60% of the cost of holding camps at rural branches subject to maximum ceiling of Rs.6000/-. He requested controlling heads of all the banks to send the proposal for holding camps at rural branches.

This is for information of the house.

Item No. 10(i)

Opening of Financial Literacy Centres (FLCs) at block level.

In the comprehensive Financial Inclusion of Ministry of Finance, under the Mission Mode one of the six pillars is to extend opening of FLCs at block level. Convener Bank proposes following targets for opening of FLCs at Block Level:-

30%of targets up to September 2014,


70% of targets up to December 2014 and Remaining 30% to be covered by March 2015.

During the deliberations in the Special SLBC meeting on CFI held on 05.08.2014, the house was informed about the allocation of targets for opening of FLC at Block level. Dr. Rakesh Gupta, GM, PS&LB, HO, apprised the house that convener bank has already issued circular for opening of FLC at Block level. He requested Madam Vini Mahajan to provide the space preferably at BDO office for opening of FLC at Block level. Madam Vini Mahajan, IAS, Principal Secretary (Finance), Government of Punjab, requested Shri Jaspal Singh, IAS, Secretary (Expenditure) & Director (IF&B) to take up the matter with Rural Development Department for providing space for opening of FLCs at block level.The representative of Department of Institutional Finance and Banking to apprise the house about the latest in the matter and Controlling heads of banks are requested to ensure opening of FLCs at Block level as per the targets given.

Item No. 11 Setting up of Rural Self Employment Training Institutes (RSETIs)

19 RSETIs are operating in the State of Punjab which includes RSETIs at Dhudike (District Moga) sponsored by PNB and Tappa Mandi in Barnala District sponsored by Canara Bank. Allotment of land is pending at Gurdaspur, Hoshiarpur, Jalandhar, Tarn Taran, Pathankot & Fazilka. RSETIs are not operating at Fazilka, Pathankot, Tarn Taran, Gurdaspur & SBS Nagar.

(Performance of the RSETIs functioning in the State up to June-2014 & status of land allotment is given on Annexure-6 & 6-a.)

From the data on progress of RSETIs up to June-2014, it has been observed that:-


1108 training programmes of skill development were organized wherein 30157 trainees participated.

6777 trainees were financed by the banks to start their Enterprises and 8260 trainees set up their enterprises through owned funds.

Out of total 30680 trainees, 19046 were from SC/ST category, 3354 from OBC, 684 from minority and 7596 were from other categories.

24389 Women and 181 Handicapped persons were also provided training for self-employment.

The representative of Department of Rural Development is further requested:

1. To get the process of approval of RSETI Building plans by the DTPs expedited as the construction work of RSETI is getting delayed.

2. State Govt. to ensure release of funds for reimbursement of training expenses for BPL families in time bound manner.

3. State Govt. to organize Appreciation Workshop of RSETI Directors and APOs of DRDAs for two days at the State HQ.

The House may discuss

During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, Shri H S Sahal, State Coordinator of RSETI reviewed the progress of RSETI in the state and has raised the following issues:

1. Conducting of Appreciation Workshop by SRLM, Punjab for RSETI Directors and APOs, DRDAs, SPMs, SRLMs as the same has not yet been organized during the last two years.

2. Allotment of land is pending at Gurdaspur, Hoshiarpur, Jalandhar, Tarn Taran, Pathankot & Fazilka.


3. Approval for opening of RSETIs at Pathankot, TaranTarn, SBS Nagar & Fazilka.

4. KVIC and DIC to sponsor PMEGP cases for training in RSETIs as other states like Odisha has done through a separate communication to all the concerned Agencies.

5. Similarly, SRLM to sponsor SHGs members for training at RSETIs.

6. To review the progress of RSETIS and to sensitize the Directors of RSETIs, SLBC to hold the meeting of Directors of RSETIs.

Shri Sahal further showed his concern that the State Govt. has not yet waived the CLU/Map approval fee charges and the same is pending at Chief Town Planner office.

The representative of Department of Rural Development may apprise the house of the latest developments in the matter of allocation of land in the remaining Districts namely Gurdaspur, Hoshiarpur, Jalandhar, Tarn Taran, Pathankot & Fazilka for setting up of RSETIs. Where possession of allocated land has not taken by bank, controlling heads to apprise house of the reasons for the same and date by which they will accomplish the task.

Item No. 12 Constitution of Sub-committee for Stamp duty on SHG/JLG, Mutation fees on properties & Pension issue.

During the deliberation in the 128th meeting of SLBC held on 21.05.2014 the house approved the constitution of Sub-Committee on the captioned matters. According the meeting of the Sub-Committee was convened on 16.06.2014. The minutes of the Agenda papers of 129thMeeting of SLBC-Punjab

meeting was circulated among all the member banks and the same is again enclosed as per Annexure-7.


Convener Bank has received a copy of the letter from Revenue Department, Government of Punjab, addressed to all the Deputy Commissioners in the State in respect of entry of Equitable Mortgage in the Revenue record-Charging of Suvidha fee therein. The same is enclosed at Annexure-8 for information of the house.

Item No. 13 Measures to to computerized Land Records by State Government.

The project launched by Revenue Department of State Government for computerization of land records, envisages for opening of Fard Kendra at each Tehsil and Sub-Tehsil level. Revenue Record like Jamabandi, Mutations, Rapats Roznamchas etc. of all the villages of that Tehsil/Sub Tehsil will be fed into the computer. As of now, 161 out of 167 Fard Kendras have been operationalized and record of about 12,285 villages has been computerized. Copy of Record of Rights is being issued from the operationalized Fard Kendras on the spot. Further the Department has planned to put the land records on internet so that people are able to view their Jamabandis etc. sitting at home only. The data of live Fard Kendras of all the Districts has been put on the web. A provision has been made to point out the errors in the Land Records through web.

Department of Institutional Finance and banking vide their letter dated 23.06.2014 requested the CGM NABARAD for sending them the copy of the notifications issued by other states regarding authenticity of land record taken online. During the deliberations in the 2nd Steering committee meeting to SLBC held on 25.07.2014, the representative of NABARD provided the copy of the notification to Agenda papers of 129thMeeting of SLBC-Punjab

representative of DIF&B requesting them for further necessary action in the matter.

The house was also apprised of the meeting of the Sub-Committee on 23.04.2014 wherein it was desired that in column no 14 access to the bankers be provided for making necessary noting for creation of charge. Shri Inderjit Singh, Joint Secretary, Revenue Department, Govt. of Punjab, informed the house that the process of giving access to the bankers is under consideration of the department and their department is also studying the Karnataka Bhoomi Model in this respect and progress will be apprised shortly. NABARD has provided the copy of the notification of the Kartaka Govt. to Department of Institutional Finance and Banking as desired by them.

The representative of Department of Revenue/DIF&B is requested to apprise the house latest position in the matter.

Item No. 14 Electronic Benefit Transfer (EBT) for Government Schemes

During the deliberations in the 128th meeting of SLBC held on 21.05.2014, the house was apprised of the decision of the State government for implementing EBT by adopting “one District One Bank Model” and it was also informed that the Convener Bank has opted for Mohali district for implementation of EBT on the basis of “one District one bank Model”. The representative of Department of Social Security women and Child Development informed the house that they have received the proposal and State Govt. will decide it.

In the 2nd meeting of Steering Committee held on 25.07.2014, Shri Harpal Singh, Field General Manager and Convener SLBC apprised the house that in the recently convened meeting of SLBC conveners by DFS, MoF, GoI at New Delhi on 23.07.2014, it was clarified that model adopted by the Central Govt. for various schemes has to be applied by the State Governments in all the schemes.

During the deliberation in the Special SLBC meeting on CFI held on 05.08.2014, Shri Jaspal Singh, IAS, Secretary Expenditure and Agenda papers of 129thMeeting of SLBC-Punjab

Director IF&B, apprised the house that the State Govt. is considering allotting Districts to Public Sector Banks on the basis of ‘One leader bank many banks model’ for implementation of EBT in the State. He apprised the house that a meeting will be called shortly in this respect wherein the allotment of Mohali district to Convener Bank will be considered. Dr. Ram S Sangapure, ED, PNB, and Chairman of todays meeting requested Secretary Expenditure to synchronize the social security schemes (EBT scheme) with DBT Scheme of the Central Government so that the accounts opened for implementation of Comprehensive Financial Inclusion become viable.

The representative of Department of Social Security Women & Child Development /IF&B is requested to apprise the house the position in the matter.

Item No.15 Progress under Debt Swap Scheme.

At least 3% of disbursement of agriculture credit during the year is to be earmarked for giving loans under “Debt Swap Scheme”.

The progress achieved up to June-2014 is as follows:-

(Amount ` in Lakh)Target for Debt Swap (on the basis of 3% of Agriculture)

Achievement Under

Debt Swap 2013-14

up to June 2014

%ageAchieveme

nt

Public Sector Banks

32908 9060 28

Pvt.Sector Banks 5098 410 8RRBs 3664 1328 36Coop. Bank 17264 796 5

Total 58934 11594 20(Bank wise progress is as per Annexure-9)


The Controlling Heads of Banks are requested to advise their field functionaries to lend liberally under the scheme to get the farmers out of clutches of money lenders.


Item No 16

Review of Performance of Banks (excluding Coop. Banks) in key areas relating to Deposits, Advances & Priority Sector Advances.

The comparative position of key banking parameters is given below: (Amount in crore)

Parameter As At VariationJune2012

June2013

June2014

June 2013/ June 2012

June 2014/ June 2013

Absolute

%age Absolute

%age

Branches 4156 4667 5469 511 12.29 802 17.18

Agg. Dep. 177060

206483

238830

29423 16.61 31847 15.66

Advances 140866

165162

183479

24296 17.24 18317 11.09

PS Adv. 70335 84703 96990 14368 20.42 12287 14.50

Agri. Adv. 35882 42515 47057 6633 18.48 4542 10.68

Adv. to MSE 28759 32452 41187 3693 12.84 8735 26.91

Weaker Sector Adv. 21265 25408 31231 4143 19.48 5823 22.9

1DRI Adv. 20.90 21.02 23.46 0.12 0.57 2.44 11.6


0(Bank-wise position as at June 2014 is given in Annexure 10(i)-10(i-iv)

Item No. 16.(i)

Branch Expansion

802 new branches of Commercial Banks were opened in the State during the period from 1st July 2013 to 30th June 2014, thus raising the network of branches from 4667 as at 1stJuly 2013 to 5469 as at 30th June 2014. Area wise analysis is summarized below:-

Number of Branches

As At VariationJune2012

June2013

June2014

June 2013/June 2012

June 2014/June 2013

Absolute AbsoluteRural 1552 1841 2326 289 485Semi Urban 1314 1462 1633 148 171Urban 1290 1364 1510 74 146Total 4156 4667 5469 511 802

Observations

During the review period, increase in number of branches in rural areas of Punjab was of the order of 485

This is followed by Semi-urban areas, which registered an increase of branches to the tune of 171

Whereas the increase of branch network in urban areas was 146.

This is for information of the House.

Item No. 16.(ii)

Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by ` 31847 crore from ` 206483 crore as at June 2013 to ` 238330 crore as at June2014, thus posting a growth of 15.42% as against an increase of 16.61% during the corresponding period last year.


(Amount ` in Crore)

Aggregate

Deposits


June2013

June2014

June 2013 / June2012

June 2013 / June2012

Absolute

%age Absolute

%age

Rural 42256 46613 55047 4357 10.31 8434 18.09Semi Urban

61940 70680 73491 8740 14.11 2811 3.97Urban 72864 89190 109792 16326 22.40 20602 23.09Total 17706

020648

323833

029423 16.6

131847 15.4

2

Observations

During the review period, the deposits in urban areas have increased by 23.09%, in semi urban area have gone up by 3.97% and in rural areas the deposit growth is 18.09%.


Item No. 16(iii)

Credit Expansion

Gross credit in the State increased by ` 18317 crore, from ` 165162 crore as at June-2013 to ` 183479 crore as at June 2014, thus exhibiting a growth of 11.09 % as against 17.24 % during the same period last year.

Area wise analysis is summarized below:- (Amount ` in Crore)

Total Advances


June2013

June2014

June 2013 / June 2012

June 2014 / June 2013

Absolute

%age Absolute

%age

Rural 23255 29468 33452 6213 26.71 3984 13.51Semi Urban 37139 46780 47526 9641 25.95 746 1.59Urban 80472 88914 102501 8442 10.49 13587 15.28Total 14086

616516

218347

922379 17.2

418317 11.0

9Agenda papers of 129thMeeting of SLBC-Punjab

Observations

During the review period, the growth in outstanding advances in urban areas was 15.28% whereas in semi urban & rural areas it was 1.59% & 13.51% respectively.


Item No.16.(iv)

Credit Deposit Ratio – Implementation of the Recommendations of Expert Group on CD Ratio

As per the recommendations of an Expert Group constituted by GOI under the Chairmanship of Shri Y.S.P. Thorat, a Special Sub-Committee (SSC) of District Level Consultative Committee (DLCC) was to be constituted in districts with CD Ratio of less than 40%, for drawing up “Monitorable Action Plans” (MAPs) to increase the CD Ratio on a self set graduated basis. Concerned LDM of the district will be convener of SSC with DCO, DDM, NABARD, LDO, RBI and District Planning Officer as its members.

CD Ratio of 4 districts i.e. Hoshiarpur, Jalandhar, Kapurthala and Nawanshahr as at September 2005 was below 40% and Special Sub Committees (SSCs) of District Level Consultative Committee (DLCC) were constituted in these districts. The details of Monitorable Action Plans of these SSCs are as under:-

District Date of Meeting

Monitorable Action Plan

Jalandhar 10.01.2006 25% by 31.03.2006 40% by 31.03.2010 60% by 31.03.2015

Kapurthala 10.01.2006 23% by 31.03.2006 40% by 31.03.2010 60% by 31.03.2015

Nawanshahar 10.01.2006 18% by 31.03.2006 35% by 31.03.2009 60% by 31.03.2015

Hoshiarpur 11.01.2006 28% by 31.03.2006Agenda papers of 129thMeeting of SLBC-Punjab

40% by 31.03.2009 60% by 31.03.2012

The comparative position of Monitorable Action Plan and CD Ratio (net of NRI deposits) as at June 13 & June 14 of these four districts is given below:-

District CD Ratio (%) as at March 09/March 10as per MAP

CD Ratio % (including NRI Deposits) as at June 13

CD Ratio % (including NRI Deposits) as at June 14

GrowthJune 14/ June 13(PPs)

CD Ratio % (Net of NRI Deposits)as at June 13

CD Ratio % (Net of NRI Deposits)as at June 14

GrowthJune 14/ June 13(PPs)

Jalandhar 60 (Mar.15

)

32.66 32.00 -0.66 42.01 40.00 -2.01

Kapurthala 60 (Mar.15

)

28.41 34.29 +5.88 37.73 48.23 +10.50

Nawanshahr

60 (Mar.15

)

33.00 36.40 +3.40 25.09 46.52 +21.43

Hoshiarpur 60 (Mar.12

)

31.04 30.43 -0.61 54.75 54.90 +0.15

Observations:-

The CD Ratio (including NRI deposits) has increased in Kapurthala and Nawanshahar district and the same has decreased in other two districts. The CD ratio net of NRI deposits increased in Kapurthala, Nawanshahar & Hoshiarpur Districts whereas the same has declined in Jalandhar Districts.

The concerned LDMs are requested to continue to review the CD Ratio in the meetings of Special Sub Committee of DCC so as to reach the next target of CD ratio as envisaged under Monitorable Action Plan.


The House may review the CD Ratio vis a vis MAP to improve CD Ratio of these identified districts.

Item No. 16 iv (i)

Overall CD Ratio

While calculating the overall CD ratio, all the member banks are requested to adhere to the instructions of Reserve Bank of India contained in their circular No. RPCDLDS.BC No.47/02.13.03/2005-06 dated 09.11.2005 which inter alia states that the CD ratio to be calculated with credit at the place of utilization.

The comparative position of overall CD Ratio of Commercial Banks is as below:-

Period CD Ratio % VariationJune 2012 79.56June 2013 79.99 +0.43June 2014 77.70 -2.20

(Bank wise CD Ratio as at June-14 is as per Annexure 11 (i). (District wise CD Ratio as at June-14 is as per Annexure 11 (ii)

Observations

During the period under review overall CD Ratio of Commercial Banks for the State of Punjab witnessed an decrease of 2.20 PPs from 79.99% as at June-2013 to 77.70% as at June-2014.

The House may review the overall CD Ratio.

Item No. 16 iv (ii)

CD Ratio - Rural Areas


The comparative position of CD Ratio of rural areas in Punjab is as follows:-

(Amount ` in crore)

Period Rural VariationPPsDeposit Advances CD Ratio %

June 2012 42256 23255 55.03June 2013 46613 29468 63.21 +8.18June 2014 55047 33452 60.76 -2.45

Observations

During the review period, the CD Ratio of Rural areas has decreased by 2.45 from 63.21% as at June-13 to 60.76% as at June-14.


Item No16 iv (iii)

CD Ratio - Semi Urban Areas

The comparative position of CD Ratio of Semi Urban areas in Punjab is as follows:-

(Amount ` in crore)

Period Semi Urban VariationPPsDeposit Advances CD Ratio %

June 2012 61940 37139 59.95June 2013 70736 46780 66.13 +6.18June 2014 73491 47526 64.66 -1.47

Observations


During the review period, the CD Ratio of Semi Urban areas has decreased by -1.47 PPs from 66.13% % as at June-13 to 64.66% as at June-14.


Item No.16 iv (iv)

CD Ratio - Urban Areas

The comparative position of CD Ratio of urban areas in Punjab is as follows:-

(Amount ` in crore)

Period Urban VariationPPsDeposit Advances CD Ratio%

June 2012 72864 80472 110.44June 2013 87133 88914 102.44 -8.00June 2014 110292 104600 94.83 -7.61

Observations:

During the review period, the CD Ratio of Urban areas has decreased by -7.61 PPs from 102.44% as at June-13 to 94.83% as at June-14.


Item No. 16.iv (v)

CD Ratio on the basis of credit as per utilization and Resource support under Rural Infrastructure Development Fund of NABARD

NABARD has provided resource support of `1992.90 crore up to June-2014 to Punjab Government under RIDF for development of Agenda papers of 129thMeeting of SLBC-Punjab

infrastructure. When this amount of RIDF is added to the credit provided by banks and the CD Ratio is calculated on the basis of Credit Utilization (Cu) + RIDF, the same works out to 77.65%.

Item No. 16 iv (vi)

Credit plus Investment to Deposit Ratio

Investments made in the State Govt. bonds by the banks to the tune of ` 1697.92 crore when added to the credit provided by banking system in the State and the flow of credit has gone up to ` 185176.62 crore. For the period ended June-2014 the “Credit plus Investment to Deposit Ratio” is as follows:-

(Amount ` in crore)

Deposits Advances plus investments in State Government Bonds

(C+I)/D Ratio

238830 185176.62 77.53(Detail of investment in securities & Bonds as per Annexure-12)

Item No. 16 iv (vii)

CD Ratio of Financial System

The CD Ratio of Financial System after inclusion of Deposits & Advances of the Cooperative Banks, Punjab Agriculture Land Development Banks and Financial Institutions comes to 82.77% as per detail given as under:-

(Amount ` in crore)

S.No.

Particulars Deposits Advances CD Ratio

1 Commercial Banks/RRBs. 238830 183479 76.822 Including Cooperative Banks 238830 195231 81.743 Including Punjab Agri. Dev.

Banks* 238830 197399 82.65

4 Including Financial Institutions**

238830 197684 82.77


*Advances PADB (2168.28) **Financial Institutions PFC (`124.30crore), PSIDC (` 161.61 Crore).

The CD Ratio of Financial System as at June-2014 is 82.77%.


Item No.16 v Priority Sector Advances

During the period under review, Priority Sector Advances in Punjab grew by ` 12287 crore, from ` 84703 crore as at June-2013 to `96990 crore as at June-2014 thus showing a growth of 14.50% as against an increase of ` 14368 crore or 20.42% during the corresponding period previous year. The share of incremental PS advances to incremental advances during the period under review is 67%.

Item No. 16 vi

Agriculture Advances

The Agriculture Advances in the State during the period under review witnessed an increase of ` 4542crore, from ` 42515 crore as at June-2013 to ` 47057 crore as at June-2014 thus showing a growth of 10.68% as against an increase of ` 6633 crore or 18.48% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 24.79%.

Item No. 16 vii

Advances to Micro & Small Enterprises (MSEs)


The advances to Micro & Small Enterprises during the period under review registered an increase of ` 8735 crore, from ` 32452 crore as at June-2013 to ` 41187 crore as at June-2014, thus showing a growth of 26.91% as against an increase of ` 3693 crore or 12.84% during the corresponding period previous year.

Item No.16 viii

Advances to Weaker Sector

During the period under review, the advances to Weaker Sector increased by `5823 crore, from ` 25408 crore as at June-2013 to `31231 crore as at June-2014, thus registering a growth of 22.91% as against an increase of ` 4143 crore or 19.48% during the same period last year. Item No. 16 (ix)

DRI Advances

As per extant guidelines 10 loans per rural branch per quarter are to be made by all Scheduled Commercial Banks.

The progress achieved in DRI Advances up to June-2014 is as follows:-

(Amount ` in Thousands) Institution Targets

(Accounts)

Achievement %age Achieveme

ntAccoun

tsAmount

Public Sector Banks

62720 2722 20156 4.33

Private Sector Banks

18680 43 81 0.23

Total 81400 2765 20237 3.39 (Bank-wise performance is as per Annexure-13).


The controlling heads of banks are requested to initiate suitable steps for improving the progress and achieving the targets for number of loans under DRI scheme.

Item No. 17

Review of National Goals

As per guidelines of RBI, banks are required to achieve National Goals on Adjusted Net Bank Credit (ANBC) as at the end of previous year instead of NBC and for calculation of ANBC the outstanding FCNR (B) and NRNR deposit balance will no longer be deducted for computation of ANBC, which now will be Bank Credit plus investments made in non–SLR bonds under HTM category. It may be difficult for banks to arrive at such figures at State level and as such the review of National Goal is made on the basis of Net Bank Credit as at the end of previous year, which means gross credit minus inter bank credit.The comparative position relating to achievement of National Goals in the State is given below:-

Sr. No

Particulars Goal %

%age Position as on

June2012

June2013

June2014

a) Priority Sector Adv. to Net Bank Credit

40 49.51 49.40 52.33

b) Agriculture Adv. to Net Bank Credit 18 25.26 24.79 25.39Out of abovei) Direct Agri. Adv. to Net Bank Credit

13.5 20.08 17.81 20.80

ii) Indirect Agri. Adv. to Net Bank Credit

4.5 5.18 6.98 4.59

c) Weaker Sector Adv. to Net Bank Credit

10 14.97 14.82 16.85

d) CD Ratio (Rural & Semi Urban) 60 57.96 64.98 63.00e) Women Beneficiaries Advances to

NBC5 6.65 5.90 6.10

Bank-wise performance under National goals is as per Annexure-14(i) & 14(ii).

Observations:


The ratio of Priority Sector Advances to Net Bank Credit as at June-14 stands at 52.33% as against National Goal of 40%.

The share of Agriculture Advances to Net Bank Credit, as at June-14 is 25.39% against the National Goal of 18%.

The share of Direct Agriculture Advances to Net Bank Credit is 20.80% against National Goal of 13.5% and share of Indirect Agriculture Advances is 4.59% against National Goal of 4.5%.

The advances to Weaker Sector are 16.85% of Net Bank Credit, as against National Goal of 10%.

The CD Ratio of Rural & Semi Urban area is 63.00% against the national goal of 60%.

The advances to Women Beneficiaries constitute 5.90 % of Net Bank Credit, against the National Goal of 5%.

The House may review.

Item No. 18

Education Loan achievement vis-à-vis targets.

The performance of Scheduled Commercial Banks as on 30.06.2014 for the financial year 2014-2015 is as under:- (Amount ` in Crore)

Year Accounts Balance O/S IncreaseAbsolute %age

June 2012 36440 1206.09 97.55June 2013 36031 958.50 -247.59 -20.52%June 2014 35680 1108.98 150.48 +15.69

(Bank-wise position as at June 2014 is as per Annexure-15).

Member Banks are requested to give more thrust for making advance under this segment.

Item No. 18 (i) Progress of Education loans to Women Students.


(Amount `. in Crore)

Total Amt advanced during the quarter

Out of which advances made to

women student during the quarter

% of advances made to women

student

No. of account

Amount No. of account

Amount No. of account

Amount

1427 88.52 547 31.12 38.33 35.15(Bank-wise position as at June-2014 is as per Annexure-15).

During the quarter ended June-2014, the banks in the State of Punjab have made 1427 education loans amounting to ` 88.52 crores, out of which 547 loans amounting to ` 31.12 crores have been made to female students. The percentage of loans advanced to women comes to 38.33% & 35.15% respectively for number of accounts and amount advanced.

This is for the information of the House.

Item No. 18 (ii)

Collateral Free Education Loans & Position of NPA.

As per RBI guidelines the banks are required to grant collateral free education loan upto 4 lacs. Implemention of the guidelines of RBI is emphasized in each meeting of SLBC. The relevant data in this regard for quarter ended March-2014 is placed below:-

(Amt . ` in lakhs)

Number of Education Loan accounts outstanding as at

Amount of Education Loan outstanding as at quarter ended

Out of 2, NPA outstanding as at quarter ended June 2013

%age of NPA under Education Loan as at quarter

Out of 2, education loan granted collateral free

Out of 5, NPA outstanding as at quarter ended June 2014

%age of NPA in collateral free accounts as on June


quarter ended June-2014

June 2014 ended June-2014

2014

1 2 3 4 5 6 735660 110781 3966 3.58 46257 1999 4.32

(Bankwise detail as per Annexure-15 (i).

The House may discuss.

Item No. 19

Rajiv Rinn Yojna (RRY).

The Ministry of Housing and Urban Poverty Alleviation (MH&UPA), Government of India has designed a Revised Interest Subsidy Scheme-named as Rajiv Rinn Yojana (or Rajiv Loan Scheme), as an additional instrument for addressing the housing needs of the EWS/LIG segment in urban areas. The Scheme envisages the provision of a fixed interest subsidy of 5% (500 basis points) on interest charged on the admissible loan amount to EWS and LIG segments to enable them to buy or construct a new house or for carrying out addition (of a room/kitchen/toilet/ bathroom) to the existing building.

RRY has been formulated by modifying the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) piloted in the 11th Plan period with enhanced scope, coverage. Detailed guidelines of Rajiv Rinn Yojana are uploaded on the Ministry’s website www.mhupa.gov.in.

The overall target for the 12th Plan period is 1 million dwellings across the country and for the current financial year, countrywide target of 2.5 lakhs dwellings has been fixed. Based on the criteria of Percentage Share of the Urban Population/Urban Housing Shortage, the target for the State has been fixed for 6000 Dwellings.


Item No. 20 Advances to Minority Communities.


http://www.mhupa.gov.in/

The comparative position is given below:

(Amount `in Crore)MinorityCommunity

June 12 June 13 %ageGrowthJune13/ June 12

June 14 %ageGrowthJune14/ June 13

A/Cs AmtO/S

A/Cs Amt. O/S

A/Cs Amt. O/S

Muslims 13153

257.57

15750

368.68 43.13 12283 275.64 -25.23

Christians 8937 149.76

8336 149.99 0.23 7603 144.01 -3.99

Budhists 2296 5.31 282 4.51 -15.06 387 5.85 29.71Zoroastrians

76 1.51 174 6.71 344.37 110 2.56 -61.84

Jains 3063 369.38Total 2446

2414.1

52454

2529.89 27.94 23446 797.44 50.49

(Bank-wise position as at June 2014 is as per Annexure-16(i-ii)

The overall advances to minority communities have registered an increase of ` 267.55 crore, from ` 529.89 crore as at June-2013 to ` 797.44 crore as at June-2014, thus showing a growth of 50.49%. During the quarter ended June-2014, banks disbursed advances to the tune of ` 160.62 crore to borrowers belonging to minority communities. The bank-wise position is given as per Annexure 16(i).


Item No. 20(i)

Advances to Women Beneficiaries

The comparative position of advances to women beneficiaries is given below:-

(Amount ` in Crore)

Year Accounts

Amt. O/S Increase %age to Net Bank Credit

Absolute

%age

June 12 311590 9451.66 2727.97 40.57June 13 286126 10112.18 660.52 6.98 6.12


June 14 331333 11307.89 1195.71 11.82 6.16(Bank-wise position as at June 2014 is as per Annexure-17).

The overall advances to women beneficiaries witnessed an increase of ` 1195.71 crore from ` 10112.18 crore as at June-2013 to ` 11307.89 crore as at June-2014, thus registering a growth of 11.82%. In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at June-2014 stands at 6.16%, against the target of 5%. The bank-wise position in respect of advances to women beneficiaries to total advances as at June -2014 is given as per Annexure-17(i).

During the quarter ended June -2014, banks have disbursed loans to the tune of `1362.64 crore to women beneficiaries. The bank-wise position is given at Annexure-17 (ii).

Item No. 20(ii)

Advances to SC Beneficiaries

The comparative position of advances to SC beneficiaries is given as under:-

(Amount ` in Crore)Year Accounts Balance

OutstandingIncrease

Absolute %ageJune 2012 343040 2777.15June 2013 335213 3159.10 381.95 13.75June 2014 334613 3597.44 438.34 13.87

[Bank-wise position as at June 2014 is given in Annexure-10(iii)].

The overall advances to SC beneficiaries witnessed an increase of `438.34 crore during the period under review, from ` 3159.10 crore as at June-2013 to `3597.44 crore as at June-2014, thus showing a growth of 13.87%.


The House may review please

REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES

Item No.21

Review of Govt. Sponsored Schemes & Programmes

Item No.21 (i)

National Rural Livelihood Mission (NRLM)-Implementation in the State of Punjab

It has been informed by Rural Development Department, Govt. Of Punjab, that since SGSY scheme has been merged with newly started scheme NRLM, so as per the directions of MORD no new SHG group are to be formed under SGSY scheme w.e.f 31st March 2013 and data reporting also does not get generated online. In view of the transition phase of SGSY to NRLM, no targets were given by the State Govt. The scheme is being implemented in 14 blocks of 5 districts i.e. Patiala, Gurdaspur, Sangrur, Kapurthala, & Ferozepur on pilot basis. The performance of these 5 districts is as per Annexure 18.

The representative of Department of Rural Development is requested to apprise the house the latest position.

Item No.21(ii) Prime Minister Employment Generation Programme (PMEGP).


KVIC has informed the following progress under PMEGP for the year 2014-15 up to 30.06.2014:-

Particulars KVIC KVIB DIC TotalRural Urban

TargetNo. of Projects 760 759 503 504 2526Margin Money(Rs. in Lakh)

900.60 899.78 596.50 596.50 2993.38

Employment 6080 6071 4028 4029 8057ProgressCases disbursed 51 58 85 174

Margin Money Released

156.57 95.18 141.78 393.53

Employment 165 149 645 959

Observations:

A sum of Rs.393.53 lakhs has been disbursed as margin money in the 174 cases disbursed upto 30.06.2014 in which 959 unemployed youth have been provided employment.

District wise targets of KVIC/KVIB of margin money for the year 2014-15 have already been provided to the Lead District Manager.

The representative of KVIC/KVIB/DIC may inform the House latest position.

This is for information of the House.Item No.21 (iii)

Swarn Jayanti Shahari Rozgar Yojana (SJSRY)

State Urban Development Authority, Punjab has informed that Ministry of Housing & Urban Poverty Alleviation, Govt of India has launched National Livelihoods Mission (NULM) which will replace the existing Swarana Jayanti Shashri Rozgar Yozna (SJSRY) during the 12th Five Year Plan. However,the Scheme may be implemented effective from financial year 2014-15 ( 1st April 2014).


The representative of SUDA has further informed that no funds for implementation of the scheme has been received from the Central Government.

The representative of SUDA may apprise about the latest position in this regard.

Item No.21(iv)

Micro Financing – Self Help Groups

The summary of progress made in implementing the concept of Self Help Groups both under the Scheme of SGSY and Normal Lending up to 30.06.2014 is given below:-

SHGsAs on

31.03.2014

SHGsAs on 30.06.2014

Gap between SHG formed & credit linked as on 30.06.2014

From 01.04.2014

up to 30.06.2014

No. of SHGs

formed

No. of SHGs credit linked

No. of SHGs

formed


No. of SHGs

formed


31264 21398 31819 21826 9993 555 428 (District wise Progress is as per Annexure-19&19(i)

(Bank wise Progress is as per Annexure-19 (ii)

Observations

Up to 30.06.2014, 31819 Self Help Groups have been formed out of which 21826 Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 9993.

During the period ended up to June 2014, in all together 555 Groups have been formed.


The pace of formation & credit linkage of SHGs needs to be accelerated.


Item No.21(v)

Joint Liability Groups (JLG)

The district-wise summary of progress made in implementing the concept of Joint Liability Groups (JLGs) upto 30.06.2014 is given hereunder:-

Progress upto March 2014

Progress during the current

quarter

Cummulative Progress

7062 1389 8451District wise Progress is as per Annexure-19(iii)


Item No. 22 Annual Credit Plan 2014-15

Item No. 22(i)

Annual Credit Plan 2014-15 Achievements up to 30.06.2014

The achievement under Annual Credit Plan (2014-15) up to June-2014 is given below:- Agenda papers of 129thMeeting of SLBC-Punjab

(Amount ` in crore)

Sector ACP 2013-14 up toJune 2013

ACP 2014-15 up toJune 2014

Targets Ach. % Ach. Targets Ach. % Ach.Agriculture

15878 18480 116 19891 20391 103

MSE 3704 2675 72 5417 3815 70Education 504

12551630

1484932423

2939149

586 252 43Housing 1408 761 54Others 2430 2247 92Total 22971 24221 105 29733 27466 92

Bank-wise & District-wise disbursement under ACP Annexure-20 & 21Bank-wise & District-wise Targets vis-à-vis Achievements under ACP Annexure-22(i-ii)Bank-wise & District-wise outstanding under ACP Annexure-23(i-ii)

Observations:

As against overall targets of ` 29733 crore, Banks have disbursed loans to the order of ` 27466 crore, The percentage achievement works out to 92%.

As against target of ` 19891 crore under agriculture & allied sector, Banks have disbursed ` 20391 crore. The achievement is 103%.

Banks disbursed loans amounting to ` 3815 crore against the target of ` 5417 crore set forth for MSE. The achievement comes to 70%.

Banks disbursed education loan amounting to ` 252 crore against target of ` 586 crore. The achievement comes to 43%.

Banks disbursed Housing loan of ` 761 crore against the target of ` 1408 crores. The achievement comes to 54%.

Banks disbursed loans to the tune of ` 2247 crore under Other Priority Sector against the target of ` 2430crore. The achievement comes to 92%.

District wise Analysis


The perusal of district-wise progress up to June-2014 under ACP 2014-15 is given at Annexure 22 which reveals as under:-

The overall targets have been exceeded in 13 districts i.e. Barnala, Bathinda, Faridkot, Fazilka, Ferozepur, Gurdaspur, Kapurthala, Mansa, Moga, Muktsar, Nawanshahar, Pathankot & Patiala and missed by varying margins in other districts.

Similarly, the targets under Agriculture & Allied Sector have been achieved in 15 districts i.e.Barnala, Faridkot, Fatehgarh Sahib, Fazilka, Ferozepur, Gurdaspur, Jalandhar, Kapurthala, Mansa, Moga, Muktsar, SBS Nagar, Pathankot, Patiala & Sangrur and missed by varying margins in other districts.

The targets under MSE Sector have been exceeded in 5 Districts i.e. Amritsar, Fazilka, Bathinda, Faridkot & Moga varying margins in remaining districts.

Likewise, the targets under Education loans have been achieved in 3 districts only i.e. Hoshiarpur Pathankot & Ropar districts & missed by varying margins in remaining Districts.

The targets under Housing Sector have been exceeded in 2 Districts only i.e. Hoshiarpur & Ropar districts & missed by varying margins in remaining districts.

The targets under Other Priority Sector have been achieved in 7 Districts i.e. Amritsar, Bathinda, Faridkot, Ludhiana, Mansa, Moga & Muktsar & missed by varying margins in remaining districts.

Bank-wise Progress

The study of bank-wise progress given as per Annexure 23 reveals as follows:-

Agriculture & Allied Activities

As against target of ` 10973 crore under agriculture sector, Commercial Banks, have disbursed loans amounting to `10093 crore. The achievement works out to 92%.


As against target of ` 1699 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to `2606 crore. The achievement works out to 153%.

RRBs have disbursed loans amounting to ` 1642 crore under agriculture sector as against target of ` 1221 crore, thus showing achievements of 134%.

Cooperative Banks have disbursed loans amounting to ` 5931 crore against targets of ` 5755 crore. The achievement comes to 103%.

MSE Sector

As against target of ` 4436 crore under this sector, Commercial Banks have disbursed loans amounting to ` 2431 crore. The achievement comes to 55%.

As against target of ` 761 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 1337 crore. The achievement comes to 176%.

RRBs have disbursed loans amounting to ` 9 crore under this sector as against target of ` 21 crore, the achievement comes to 44%.

Cooperative Banks have disbursed loans amounting to `3778 crore against target of ` 5218 crore the achievement comes to 72%.

Education

As against target of ` 492 crore under this sector, Commercial Banks have disbursed loans amounting to ` 217 crore, the achievement comes to 44%.

As against target of ` 50 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 32 crore, the achievement comes to 64%.


RRBs have disbursed loans amounting to ` 1 crore under this sector as against target of ` 6 crore, thus achieving the target by 14%.

Cooperative Banks have disbursed loans amounting to ` 1 crore against target of ` 32 crore, thus achieving the target by 2%.

Housing



RRBs have disbursed loans amounting to ` 13 crore under this sector as against target of ` 16 crore, thus achieving the target by 80%.


Other Priority Sector




RRBs have disbursed loans amounting to ` 14 crore under this sector as against target of ` 22 crore thus achieving the target by 65%.


The house may review the progress.

Item No. 22(ii) NPA in Agriculture Sector

The position of NPAs under Agriculture Loans in the State of Punajg as on 30.06.2014 is given as under:

( ` in Crore )Outstanding under Agriculture Loans

NPA under Agriculture loans

%age of NPA to Agri.

advances

Total Advance

s

%age of NPA to total

advancesNo. of

Accounts

Amount

No of Account

s

Amount

2700118

55913 78375 1508 2.70 195230 0.77

(Bank wise progress is as per Annexure-24)

NPA under Agriculture are to the tune ` 1508 cores which is 2.70% of agriculture advances outstanding and 0.77% of total advances respectively in the State.

This is for the information of the House.


Item No.23 Grant in aid under National Mission on Food Processing by Department of Food Processing Punjab.

Ministry of Food Processing has launched new centrally sponsored National Mission for Food Processing with an objective to augment food processing capacity and to raise the standard of food quality, safety and hygiene beside other objectives.

The representative of Department of Food Processing (Punjab) is requested to apprise the house through Power Point Presentation about the Scheme.

Item No. 23(i)

Indira Gandhi Matritva Sahyog Yojana (IGMSY)

Indira Gandhi Matritva Sahyog Yojana (IGMSY) is a flagship program of the Government of India introduced in 2010 under the Ministry of Women and Child Development. It is a conditional cash transfer scheme that targets pregnant and lactating women 19 years of age and older who have had two children. Its goal is to partly compensate them for wage-loss during childbirth and childcare and to provide conditions for safe delivery and good nutrition and feeding practices. IGMSY provides financial assistance as grant-in-aid to state governments. The cash benefit transfer to be made through Aadhaar in two districts in the state i.e. Amtitsar and Kapurthala. The linkage of beneficiaries with their Aadhaar nos. is to be done in these districts with their respective LDMs. For this, a letter had been issued (S-7(ICDS/2014/14916) on 19.05.2014. The lists of beneficiaries for both the districts are shared by the department with the LDMs which is required to get seeded at the earliest.


The representative of Deptt. of Social Security Woment & Child Development is requested to apprise the latest in the matter.

Item No.24 Farmers’ Club Programme

The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 30.06.2014 is as follows:-

Farmers’ Clubs FormedProgress during 2014-15

up to June 2014

Cumulative Positionas at June 2014

19 2503

During the financial year 2014-15, Commercial banks in Punjab have launched/ established 19 new Farmers’ Clubs.

The House may review the progress.

Item No.25

National Horticulture Board & National Horticulture Mission

(i) The summary of the progress achieved in LOI cases of National Horticulture Board is as follows:-

(Amount ` in Lakh)

Year LOI Issued

Cases disbursed

Subsidy Released

2010-11 25 62 209.63Agenda papers of 129thMeeting of SLBC-Punjab

2011-12 11 15 688.232012-13 4 3 6.602013-14 22 21 622.622014-15 8 3 260.18

The House may review the progress.

Item No. 26 Advances to Industrial Sector

Item No. 26 (i)

Credit to Micro, Small & Medium Enterprises (MSME)

Reserve Bank of India vide circular RPCD.SME & NFS.NO. BC.90/ 06.02.31/ 2009-10 dated 29th June 2010 read with extant instructions contained in para 1.3 and para 2.1.3 of the Master Circular on lending to Micro, Small and Medium Enterprises (MSME) banks are advised to ensure that:

a. 40% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery upto ` 10 lakh and micro (services) enterprises having investment in equipment up to ` 4 lakh.

b. 20% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery above ` 10 lakh and up to ` 25 lakh and micro (services) enterprises with investment in equipment above ` 4 lakh and up to ` 10 lakh. (Thus 60% of MSE advances should go to micro enterprises).

In terms of the recommendations of Prime Minister’s Task Force on Micro, Small & Medium Enterprises (MSMEs) under Chairmanship of Shri TKA Nair, the banks have been advised as under:-

Achieve a 20% Year on Year growth in credit to micro and small enterprises to ensure enhanced credit flow,


The allocation of 60% of MSE advances to the micro enterprises is to be achieved in stages viz. 50% in 2010-11, 55% in the year 2011-12 and 60% in the year 2012-13,

Achieve a 10% annual growth in number of micro enterprise accounts.

It is further advised that banks should open more SME focused branch offices at different MSE clusters which can also act as Counseling Centers for MSEs. Each Lead Bank of a district may adopt at least one MSE cluster.

The comparative position of credit outstanding to MSE is as follow:-

(Amount ` in crore)Particulars June 2012 June 2013 June 2014

Accounts Amount

Accounts Amount

Account Amount

Micro Enterprises

212716 11446 233232 13116 292226 17397

Small Enterprises

56918 17397 70862 19336 74298 23859

Micro & Small Enterprises (MSE)

269634 28843 304094 32452 366524 41256

Share of advances to Micro Enterprises / MSE

Not Applicab

le

40% Not Applicab

le

41% Not Applicab

le

42%

Medium Enterprises (ME)

3874 6801 2794 7226 3467 8296

MSME 273508 35644 306888 39678 369991 49558 (Bank-wise performance is as per Annexure 25).

Observations :

In the State of Punjab, banks have provided credit to the tune of ` 41256 crore to 366524 Micro & Small units up to June-2014 as against ` 32452 crore to 304094 units as at June-


2013. The annual growth in number of micro enterprises accounts is 20.53% against the target of 10%.

The YoY growth of credit to MSEs is 27.12% against the target of 20%.

The share of advances to micro enterprises to total MSE as at June-2014 is 42% against stipulated level of 60% required to be achieved for 2012-13.

The Controlling Heads of Banks are requested to take further steps for enhancing MSEs outstanding as also the share of advances to Micro Enterprises from Micro & Small Enterprises so that the stipulated level of 60% is achieved.

Item No. 26.i (a) Financing of New Units

As per the policy package announced by Hon’ble Finance Minister, each Urban & Semi Urban bank branch is to provide financial assistance to at least 5 new units under Tiny, Small & Medium industry in a year.

The position of financing of New Units up to June-2014 is given below:-

(Amount ` in Crore)Institution Number of

U/SU Branches

New SME Units Financed

Per Branch

New SME Accounts Opened

Number Amount

Commercial Banks

3002 23611 4167 7.87

RRBs 69 153 0.50 2.22Total 3071 23764 4167.50 7.74

(Bank-wise performance is as per Annexure 25(i).Observations


During the period upto June-2014, 3071 Urban/ Semi Urban branches of banking system in Punjab have financed 23764 new accounts under SME sector.

The per branch new SME account comes to 7.74 as against annual target of 5 cases per branch.

The performance is satisfactory.

Item No. 26.i (b) Collateral Free Loans to MSME

The position for the quarter ending June-2014 is summarized below:-

(Amount ` in Lakh)Period New MSEs loans upto ` 10 lakh Out of which

collateral free loansQuarterended

No. of units Amount No. of units Amount

June-2012 6068 28205 4763 20180June-2013 7622 23572 6133 18211June-2014 8922 34966 7511 30859

(Bank wise information is as per Annexure-26)

Banks have provided loans up to ` 10 lakh to 8922 MSE units during the quarter ended June-2014, out of which collateral free loans have been provided to 7511 units which means the coverage is 84%.

As per extant guidelines, all loans upto ` 10 lacs to SME are mandatorily to be given without taking any collateral security.

Some banks namely OBC, UCO Bank, Andhara Bank, BOM,Canara Bank, IOB, Syndicate bank,UBI, IDBI Bank, HDFC Bank, have not ensured 100% loans in this category are collateral free.

The house may review.

Item No. 26.i (c) Position of NPA in MSME advances


The relevant data in this regard for quarter ended June 2014 is placed below:-

(Amt. in ` crore)Number of MSME Loan accounts outstanding as at quarter ended June-2014

Amount of MSME Loan outstanding as at quarter ended June-2014

Out of 2, NPA outstanding as at quarter ended June-2014

%age of NPA under MSME Loan as at quarter ended June-2014

Out of 2, MSME loan granted collateral free

Out of 5, NPA outstanding as at quarter ended June-2014

1 2 3 4 5 6369991 49552 2756 5.56 4582 527

(Bankwise detail as per Annexure-27)


Item No. 26.i (d) Review of Growth in MSE Accounts.

The relevant data in respect of Commercial Banks for quarter ended March-2014 is placed below:-

(Amt . in ` lacs)MICRO ENTERPRISES A/cs MICRO & SMALL ENTERPRISES

No. of Accounts

as on 31.03.2014

New accounts opened

during the Financial year upto June-2014

% growth in number

of Accounts

Credit Outstandin

g as on 31.03.2014

Credit provided

during the Year upto June-2014

% growth in credit.

273324 17232 6.30 41582 4218 10(Bank-wise position as per Annexure-28)

Observations:


During the period under review the Commercial Banks in the State opened 17232 new accounts of Micro Enterprises showing prorata growth of 6.30% in the number of accounts opened during last fiscal year.

Banks in the State have provided fresh credit to the tune of ` 4218 crores to MSE during the period under review, thus showing a growth of 10%.


Item No. 26.i (e) Position of Sick MSEs.

The position of sick SME units as at June 2014 is as follows:-

(Amt. `.in Crores)SME units identified as sick as at 30.06.2014

SME units classified as Units under nursing

Units where viability decision yet to be taken

Units

Amt. Viable Non viable Units

Amt. Units

Amt.Units

Amt. Units

Amt.

8397 1479.71 103 200.2

1 8212 1194.27 72 191.5

3 82 85.23(Sector wise position is as per Annexure-28(i).

Item No. 27 Credit Guarantee Fund Scheme for Micro & Small Enterprises

The comparative position of coverage under the scheme is as follows:-


(Amount ` in lakh)Cumulative Coverage

As on 31.03.2014

Coverage during 2014-15

(Upto June 2014)

Cumulative Positionas at June 2014

Accounts Amount Accounts Amount Accounts Amount28263 190036 2694 22068 30957 212104

(Bank wise performance is as per Annexure-29)

Observations

The banks, up to June-2014, have covered 30957 MSE units amounting to ` 212104 lakh under the Credit Guarantee Fund Scheme.

Up to the period ended June-2014, banks have covered 2694 cases under the scheme amounting to ` 22068 lakh.

The house may review the performance.

Item No.28 Recovery of Banks' Dues - Pending Recovery Certificates under State Recovery Acts

The position as at June 2014 of pending Recovery Certificates filed under State Recovery Acts is given below:-

(Amt. ` in lac)S. No.

Particulars No. of RCs Amount

i Cases settled during the quarter

110 1684

ii Total pending cases 942 2266.71iii Out of (ii) above, cases

pending for less than six months

181 362.99

iv Out of (ii) above, cases pending for more than six months but less than one

94 339.74


year.v Out of (ii) above, cases

pending for more than 1 year.

667 1563.98

(District-wise & Bank wise position is as per Annexure 30 & 30(i)

Observations

As many as 942 cases filed under State Recovery Acts involving a sum of ` 2266.71 lakh are lying pending with Recovery Officers. 667 RCs with amount outstanding to the tune of ` 1563.98 lac are pending for more than 1 year. The pendency in respect of RCs for more than One year is mainly in respect of Amritsar, Bathinda, Ferozepur, Muktsar & Tarn Taran Districts and of Punjab National Bank, P&SB, OBC, SBI, SBOP, Central Bank & Punjab Gramin Bank.

Revenue Department is requested to expedite recovery in pending cases.

Item No. 29 Delay in taking possession of assets by Chief Metropolitan Magistrates/District Magistrates under section 14 of SARFAESI Act 2002.

Department of Institutional Finance & Banking vide their letter dated 10.09.2012 has desired to review the position of pending cases under SARFASAI in the State of Punjab. The Bank wise position of pending cases under as on 30.06.2014 is as under:-

(Amt in Lacs)No. of Pending

Cases with Metropolitan

Magistrates/District Magistrates

Cases pending for more than one Month

Amount Involved

171 140 11418 (Bank wise Position is as per Annexure 31)

This is for information of the House.Agenda papers of 129thMeeting of SLBC-Punjab

Item NO. 30 Yearly Calendar of holding SLBC meetings

For the calendar year 2014, the dates for holding SLBC meetings for the State of Punjab are as under:-

Sl. No Quarter for which data is to be reviewed

Proposed date and day of holding SLBC meetings

128th SLBC March, 2014 12th May 2014 (Monday)(Postponed to 21st May 2014)

129th SLBC June, 2014 13th August 2014 (Wednesday)

130th SLBC Sept., 2014 13th November 2014 (Thursday)

131st SLBC Dec., 2014 12th February 2015 (Thursday)

The schedule of other activities relating to convening of SLBC meetings as conveyed by RBI is reiterated for the information of members as under:- S.No.

Activity To be completed by (Date)

1 Preparation of calendar of SLBC meetings and intimation to all concerned of the cut off dates of submission of data and dates of

15th of January every year


meetings as per dateline given below:-

2 Reminder regarding the exact date of meeting and submission of data by banks to SLBC

15 days before the end of the quarter

3 Dead line for receipt of data by SLBC Convener Bank

15 days from the end of the quarter

4 Distribution of agenda cum background papers

20 days from the end of the quarter

5 Holding of SLBC Meeting Within 45 days from the end of the quarter

6 Forwarding the minutes of the meeting to all stakeholders

Within 10 days from the holding the meeting

7. Follow up of action points emerged from the meeting

To be completed within 30 days of forwarding the minutes for review in the next meeting

Banks and LDMs are requested to ensure submission of data duly checked as per above schedule.


Item NO. 31 Punjab Sarv Sehat Bima Yojana-Implementation.

In order to provide cashless health insurance to entire population in the State, Department of Health and Family Welfare, Punjab is implementing Punjab Sarv Sehat Bima Yojana in the State and DIF&B is the Nodal Agency for implementation of the scheme.

A meeting of controlling heads of banks having lead bank responsibilities, insurance companies and representative of Department of Health and Family Welfare, Punjab was organized by Department of Institutional Finance and Banking and convened on 08.07.2014.

The representative of Deptt of IF&B is requested to apprise the house about the latest position in this respect.


Item No.32 Financing of Tenant Farmers / Oral Lessees and Share Croppers

NABARD has informed that Andhra Pradesh State Govt. has recently promulgated an ordinance titled ‘Andhra Pradesh Land Licensed Cultivators Ordinance 2011” to facilitate financing of tenant farmers, oral lessees and share croppers by financial institutions. The ordinance envisages issuance of ‘Loan and Other Benefits Eligibility Cards’ to tenant farmers, oral lessees and share croppers to access credit from the Public Financial Institutions and to claim benefits of input subsidy, crop insurance compensation for damage to crop and for matters connected therewith or incidental thereto.

Such an initiative would lead to smoothening the process of access to the formal credit delivery system by tenant farmers/oral lessees/share croppers, etc. thereby helping the JLG programme to scale new heights.

The representative of Agriculture/IF&B Department is requested to apprise the house latest position in the matter.

In the 2ndSteering Committee meeting to SLBC held on 25.07.2014, the representative of RBI apprised the house that Reserve Bank of India has already issued instructions to the Controlling Heads of all the banks vide their circular letter no. RPCD.PLFS.BC.No.22/05.04.02/2008-09 dated August 26, 2008. He requested all the member banks to go through these instructions and make advance under the scheme.


Any other issue with the permission of the Chair


ITEMS FOR INFORMATION OF THE MEMBERS

Item No. 33

National Handicapped Finance and Development Corporation (NHFDC)

Ministry of Social Justice & Empowerment, Government of India as informed that NHFDC functions as an apex Institution for promoting economic development activities and self-employment ventures for the benefit of persons with Disabilities

(PwDs). The detailed information on schemes and programmes of NHFDC is available on website www.nhfdc.nic.in.

NHFDC has recently tied-up with 3 Public Sector Banks (Bank of Baroda, Andhra Bank & IDBI Bank) and 24 Regional Rural Banks for flow of collateral free concessional credit (interest rate of 4-8% per annum) to PWDs for self employment under credit guarantee scheme of Government of India. These banks will also extend education loans to eligible students with disabilities for higher education in India or abroad at an interest rate of 3.50 – 4% per annum only. Other members banks are requested to sign similar agreement with NHFDC for flow of concessional credit to PWDs.

Controlling Heads of these Public Sector Banks are requested to

send the progress to the Convener Bank.


http://www.nhfdc.nic.in/

Item No. 34

Indira Gandhi Matritva Sahyog Yojana (IGMSY)

During the deliberation in the 2nd Steering Committee meeting to SLBC, the representative of the Department informed that Indira Gandhi Matritva Sahyog Yojana (IGMSY) is a flagship program of the Government of India introduced in 2010 under the Ministry of Women and Child Development. It is a conditional cash transfer scheme that targets pregnant and lactating women 19 years of age and older who have had two children. Its goal is to partly compensate them for wage-loss during childbirth and childcare and to provide conditions for safe delivery and good nutrition and feeding practices. IGMSY provides financial assistance as grant-in-aid to state governments. The cash benefit transfer to be made through Aadhaar in two districts in the state i.e. Amtitsar and Kapurthala. The linkage of beneficiaries with their Aadhaar nos. is to be done in these districts with their respective LDMs. For this, a letter had been issued (S-7(ICDS/2014/14916) on 19.05.2014. The lists of beneficiaries for both the districts are shared by the department with the LDMs which is required to get seeded at the earliest.

The representative of Department of Social Security and Child Development and concerned LDMs are requested to apprise the progress in the matter.

Item No.35 Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to June-2014 in Punjab State is as follows:-

(Amount ` in Lakh)


Basic Banking Accounts Opened

GCCs Outstanding

Number Amount Number Amount4992542 185807 53602 12331

(Bank wise progress under Basic Banking Accounts is as per Annexure 32)(Bank wise progress under issuance of GCCs is as per Annexure 33)

Observations:-

Banks during the quarter ended June-2014 have opened 302967 “Basic Banking Accounts” having balance of ` 40872 lakh.

Banks during the quarter ended June-2014, have issued 2285 GCCs amounting to ` 609 Lakh.

In view of the importance of “Financial Inclusion” the Controlling Heads of banks are requested to issue instructions to the concerned quarters for bringing the underserved section of the society to the bank’s fold by opening of “Basic Banking Accounts” and/or issuing of cards under GCC scheme.

Item No 36

Providing Saving-cum-OD Account Facility to other families living in Rural Areas having no Land

The Secretary, Department of Financial Services, Ministry of Finance, Govt. of India vide his DO letter no. 1 (4) 2011 dated 07.09.2011 advised certain action points with regard to lending under Priority Sector and one of the action point was that each bank will work out a scheme if none exists, for giving Saving cum OD Account to other families which do not have any land and live in the Rural Area. This account should have an OD limit of ` 10,000/- against the personal guarantee of the villager and the villager should be able to use the bank account for Savings or meeting the requirements of consumption purposes on a need based basis and use the OD.

Controlling heads of all the banks to kindly take steps to implement the above facility as desired by the Ministry of Finance.


House may discuss.

Item No.37 Dairy Entrepreneurship Development (DEDS) Scheme.

Dairy Entrepreneurship Development is a central sector scheme for generation of self employment opportunities in the dairy sector, it is covering activities like improvement in milk production, procurement, preservation, transportation, processing and marketing of milk. The performance vis-à-vis targets under the scheme upto q.e. June-2014 is as under:-

(Amt.in Lacs)Targets under

DEDSFor 2014-15

Achievements up to 30.06.2014

%achievement

2031 3405 168


Item No.38 Swarojgar Credit Card Scheme

The progress up to March-2014 under the Scheme is as under:-

(Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.)

5000 2000 3000 10000

No. of SCCs Issued 87 666 113 866Amount Disbursed 25 259 36 320


(Bank-wise progress is as per Annexure-34)

The analysis of the data reveals that against the annual target of 10000 Swarojgar Credit Cards (SCCs), Banks, up to June-2014 have issued 866 cards amounting to ` 320 lac.

The house may review the progress please.

Item No. 39

Kisan Credit Card (KCC) Scheme

The progress achieved by banks in implementing Kisan Credit Card scheme up to 31.03.2014 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. of KCCs

Amount No. ofKCCs

Amount No. of KCCs

Amount

Commercial Banks2006-2007 127378 1922.72 126600 1991.76 125885 1968.402007-2008 132795 2740.04 132217 2705.51 130283 2610.292008-2009 165774 3717.19 165218 3601.61 164644 3536.682009-2010 148942 3660.91 147827 3572.18 147453 3562.372010-2011 208279 5286.39 196436 5162.14 168840 2477.682011-2012 238586 8347.89 237801 8138.17 235003 7930.882012-2013 284701 11276.0

1284076 10819.7

4212615 8747.40

2013-2014 333958 18662.62

333186 18489.25

293747 14203.93

Since inceptionup to June-2014

2414449

63951.64

2329686

61812.13

918257 33009.85

Cooperative Banks2006-2007 33937 205.78 33937 205.78 33937 205.782007-2008 35494 601.51 35494 601.51 35494 601.512008-2009 18570 157.57 18111 139.62 18111 139.612009-2010 16216 749.47 16216 749.47 16216 749.472010-2011 22417 332.44 22415 282.78 14241 175.27Agenda papers of 129thMeeting of SLBC-Punjab

2011-2012 8095 149.25 8077 148.87 8075 148.022012-2013 17521 239.31 17521 239.31 17521 239.312013-2014 15804 192.45 15804 192.45 15804 192.45Since inceptionup June-2014

977471 7652.44 977451 7575.40 985109 6093.33

Total since inception

3391953

71589.25 3307168 69399.65 1903387 39115.30

(Bank-wise progress up to March-2014 is as per Annexure -35)

Highlights From 1st April 2014 to 30th June 2014, the Commercial Banks

have sanctioned 65964 Kisan Credit Cards amounting to ` 3443.60 crores and disbursement has been completed in 65803 cases to the extent of ` 3286.28 crores. In addition to this, during the same period, Cooperative Banks have sanctioned 3550 Kisan Credit Cards amounting to ` 32.62 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 3391953 farmers amounting to ` 71589.25 crores in the State, out of which disbursement has been made to farmers to the tune of ` 69399.65 crores. On cumulative basis, there are 1903387 outstanding KCCs amounting to ` 39115.30 crores as at 30.06.2014.


Item No. 39(i) KCC-ATM cum Debit Cards position.

The position of KCC outstanding and the number of ATM Debit Card issued to the KCC holders as on 30.06.2014 is as under:-

KCC outstandingas on June-2014

ATM-cum Debit card issued

up to June-2014

No. Of KCC holders without ATM cards.


2700118 485181 1418206 (Bank wise position is as per Annexure-35(i)


Item No. 40 Golden Jubilee Rural housing Finance Scheme

The progress achieved under the scheme up to 30.06.2014 is given below:

(Amount ` in lac)During quarter ended June-

2014Cumulative up to June-

2014

Sanctioned Disbursed Sanctioned Disbursed

No. Amt. No. Amt. No. Amt. No. Amt.1042 9072 1030 7251 1042 9072 1030 7251

(Bank-wise position is given as per Annexure 36).Observations:

During the quarter ended June-2014, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 1042 beneficiaries amounting to ` 9072 lac and disbursement has been completed in 1030 cases to the tune of ` 7251 lac under the Scheme.

This is for information of the members.

Item No. 41

Implementation of Nayak Committee recommendations

As per Reserve Bank of India guidelines for assessing working capital limits of village, tiny and other SSI units requiring fund based Agenda papers of 129thMeeting of SLBC-Punjab

limits up to ` 5 crore, banks have to adopt procedure based on Nayak Committee guidelines, i.e. sanction of working capital limits @ 20% of the projected turnover.

The performance data of banks in implementing Nayak Committee recommendations during the quarter ended June-2014 is given below:

(Amt. ` in crore)Sr. No.

Particulars Previous quarter ended March-2014

Current quarter ended June-2014

No. Amount No. Amounta) Loans sanctioned

to SSI9319 1814.69 7501 1305.23

b) Out of (a) above, loans sanctionedas per Nayak Committee Norms.

5436 1275.03 4112 861.43

(Bank-wise performance is as per Annexure-37)

Highlights

During the quarter ended June-2014, banks have sanctioned loans amounting to ` 1305.23 crore to 7501 SSI units. Out of these, loans amounting to `861.43 crore have been sanctioned to 4112 SSI units as per Nayak Committee Norms. It reveals that while assessing the credit requirements of SSI units requiring funds up to ` 5 crore, Banks have applied norms based on Nayak Committee recommendations in 55% of cases. The feedback from Banks also indicates that in remaining cases the borrowers were not willing to avail the credit limits as per Nayak Committee Recommendations, due to the turnover of current assets being high and/or higher level of creditors.

This is for information of the House. Agenda papers of 129thMeeting of SLBC-Punjab

Item No. 42

Government Sponsored Subsidy Schemes under farm & non farm sector.

In order to create infrastructure and increase capital formation in agriculture and SSI, the Government of India has launched various schemes, wherein the Govt. of India also provides subsidy. NABARD is nodal agency for implementation of all such schemes. The progress up to 30.06.2014 made under different schemes conveyed by NABARD is placed below:-

(Amount ` in lakh)S.No

.Schem

eCases Financia

l OutlayBank Loan Subsidy

Sanctioned1. Cold

Storage 132 17102 10160 3152

2. Rural Godowns

1491 133499 97407 18887

3. ACABC 9 78 56 254. CLCSS 395 15289 10830 26565. AMI 1762 79785 56693 156536. NPOF 132 868 513 160

Cold Storage

Capital Investment Subsidy Scheme (CSISS) for construction /renovation / modernization of cold storages

Rural Godowns

CISS for Rural Godowns

ACABC Agri Clinic Agri Business CentersCLCSS Credit Linked capital Subsidy Scheme for Technology Upgradation

AMI Agriculture Marketing Infrastructure NPOF CISS for Commercial Production Units of Organic Inputs under

National Project of Organic Farming.

This is for the information of the members.



SLBC& BANKS

COMMITTED TO

TOTAL FINANCIAL

INCLUSION IN THE STATE

the project launched by revenue department of …slbcpunjab.org.in/agenda 129th slbc pb (1)...

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