state level bankers's committee, tamil nadu - SLBC, Tamilnadu

1

STATE LEVEL BANKERS’S COMMITTEE, TAMIL NADU

Action Points of 134th Meeting of SLBC held on 18.06.2013

S.No Action Point Action Taken

1 Financial Literacy camps by

rural branches: As per the

guidelines of Reserve Bank of

India all the rural branches

should conduct Financial

Literacy camps. The member

banks are requested to instruct

all their rural branches to

conduct Financial Literacy

camps in their command area

for the benefit of the general

public.

SLBC had advised all member banks to

conduct Financial Literacy camps in

the villages serviced by their Rural

Branches. IOB, Indian Bank, SBI and

Canara Bank have reported that the

camps are conducted by the rural

branches by utilising the services of

the FLCCC counsellors. Pandyan Grama

Bank has conducted camps in 83

villages. Andhra Bank has conducted in

2 villages. South Indian Bank has

conducted 20 literacy camps. Bank of

Baroda reported that their BCs and

the Officers visiting USBs every week

are providing financial guidance to the

villages regularly.

2 Ultra Small Branches: Ultra

Small Branches have been

established by banks only in

3367 villages out of 4287

villages where banks have

engaged Business

Correspondents. The member

banks are advised to ensure

100% establishment of USBs in

all their FI villages covered

through Business

Correspondents.

SLBC advised all the member banks to

complete establishment of Ultra Small

Branches in all their FI villages

(population above 2000) where they

have engaged the services of Business

Correspondents. The present level as

on 31.07.2013 is 3509 USBs.

2

3 Revival of the stalled

residential projects: National

Housing Bank requires the

details of stalled residential

projects if any, stalled for

various reasons including for

want of further lending

support. The member banks are

requested to advise the details

of stalled projects with their

banks if any immediately to

SLBC. NIL report also should

be sent.

SLBC advised the member banks to

submit the data directly to NHB with

a copy to SLBC. So far only 14 banks

have sent their reply(Indian Bank,

IOB, SBI, State Bank of Patiala, UCO

Bank, Vijaya Bank, Bank of India, Dena

Bank, Andhra Bank, Karur Vysya Bank,

South Indian Bank, Federal Bank, Bank

of Baroda, Pandyan Grama Bank)

Except Bank of India all other banks

have reported NIL statement.

4 TNSRLM–Common reporting

format for SHG Bank linkage:

Ministry of Rural Development,

Government of India designed a

MIS format for reporting of

data periodically on SHG bank

linkage. TNCDW requested the

banks to provide a list of 5 of

their select branches to test

the reporting format on a pilot

basis. SLBC requested all the

banks to provide a list of 5

branches. The list is yet to be

submitted by many banks. The

member banks are advised to

send the list to SLBC

immediately.

So far 8 banks (IOB, Indian Bank,

State Bank of India, Andhra Bank,

Pandyan Grama Bank, City Union Bank,

Allahabad Bank, Dena Bank) have

provided the list to SLBC.

3

5 Coverage of all the crop loans

sanctioned to notified crops in

notified area under Crop

Insurance: The member banks

are advised to instruct all their

branches to cover 100% crop

loans sanctioned to notified

crops in notified areas under

crop insurance.

SLBC advised member banks to ensure

100% coverage of crop loans under

crop insurance for the notified crops

in the notified areas. Member banks

have informed that they have issued

necessary instructions to all their

branches.

6 Schemes implemented by

TAHDCO: TAHDCO advised

that banks are yet to disburse

many loans where subsidy has

already been received. The

member banks are advised to

instruct all their branches to

disburse immediately all the

pending loans where subsidy

has been received from

TAHDCO.

SLBC received information from 11

banks that they have instructed their

branches to clear all the pending loans

where subsidy has already been

received from TAHDCO.

7 Swarnjayanti Gram Swarozgar

Yojana (SGSY): It was

reported by TNCDW that

during 2011-12 banks in Tamil

Nadu have disbursed loans to

SHG to the tune of Rs.4030

crores whereas the amount

reported by NABARD is only

Rs.1933 crores. TNCDW

requested the banks to

reconcile their data. SLBC has

requested NABARD and

TNCDW to provide the district

wise / bank wise data for

comparison and reconciliation.

NABARD provided the bank wise

breakup of the reported figure of

Rs.1933 crores. SLBC circulated the

data received from NABARD to all the

member banks to enable them to

reconcile their figures and requested

them to confirm the same to TNCDW.

Some of the banks like IOB, Pandyan

Grama Bank have reconciled their data

and confirmed to TNCDW.

4

8 Regional Director, RBI advised

that whenever there is problem

with few SME units the banks

are hesitant to encourage that

sector. To sort out this issue

the industry associations and

banks can have a dialogue along

with the representatives of

Government and RBI to thrash

out the issues.

As per the advice of Regional

Director, a special SLBC meeting was

held on 20.08.2013 to discuss about

the “Development of MSE Sector in

Tamil Nadu”. General Manager&

convenor SLBC, DGM, RBI,

GM(MSME), IOB, Additional Director,

Dept. of Industries and Commerce,

Government of Tamil Nadu, Senior

Officials from Banks, representatives

of 11 industry associations

participated in the meeting. The

minutes of the meeting has already

been circulated.

9 Chairman, SLBC advised during

review of performance of

RSETIS that the data on the

no. Of trained persons credit

linked by the banks should be

collected and reported

The data on no. of trained persons

credit linked has been collected and

reported in the agenda on the

performance of RSETIs for the

quarter ended June,2013

5

AGENDA No: 1 135th SLBC

CONFIRMATION OF THE MINUTES OF THE EARLIER MEETING

The minutes of the 134th meeting of State Level Bankers’ Committee

Meeting convened on 18.06.2013 (circulated vide SLBC Letter dated

02.07.2013) may be confirmed.

AGENDA No: 2

New Issues 135th SLBC

1. Swarojgar Credit Card Scheme- Targets for 2013-2014:

NABARD Regional Office, Chennai has advised the bank wise target of

24500 under Swarojgar Credit Card Scheme for Tamil Nadu for the year

2013-14. The member banks are advised to fix district wise targets for

their branches and to achieve the targets.

The member banks are also advised to send quarterly progress reports to

NABARD in the enclosed formats before 10th of succeeding month without

any delay to enable NABARD to submit report to Government of India.

The Bank wise targets and format for sending quarterly progress report are

enclosed as annexure.

9


2. Assignment of Lead Bank responsibility in districts of Metropolitan

Areas. Allotment of Chennai District to Indian Overseas Bank:

In terms of Reserve Bank of India’s Monetary Policy statement 2013-14 it

was decided to bring all districts in metropolitan areas under the fold of

Lead Bank scheme. Reserve Bank of India Mumbai vide their notification

dated 11.07.2013 assigned the Lead Bank responsibility for Chennai District

to Indian Overseas Bank.

The name, address and contact details of the Lead District Manager of

Chennai District are given below:

Shri.Ambiti Aruna Kumar

Chief Manager -LDM

Indian Overseas Bank, Lead Bank Office

15 Hunters Road, Doveton, Chennai-600 112

Phone: 044-25323252(LDM) / 25323272(Off) Mobile: 94441 16801

Email: [email protected] / [email protected]

1) The member banks are requested to advise the details of the LDM to

all their branches in Chennai District.

2) The member banks are advised to provide the details of all their

branches, ATMs, Currency chests, clearing houses located in

Chennai District immediately to the Lead District Manager in the

enclosed formats, to enable him to map the branches for conducting

regular meetings and also to finalise the plan for Urban Financial

Inclusion.

Member banks are also advised to provide the details of their district

co-ordinator in the enclosed format immediately to the Lead District

Manager.

The members are requested to extend full support and co-operation to the

Lead District Manager for implementation of Lead Bank Scheme in the

district successfully. We enclose a copy of RBI’s communication dated

11.07.2013 for ready reference.

mailto:[email protected]

mailto:[email protected]

19


3. Education Loan Scheme of National Backward Classes Finance

Development Corporation (NBCFDC) implemented by TABCEDCO in Tamil

Nadu:

The educational loan scheme of NBCFDC is implemented in Tamil Nadu

through Tamil Nadu Backward Classes Economic Development Corporation

Ltd. (TABCEDCO), a State Government organization. Based on the request of

TABCEDCO, the scheme was placed in 131st meeting of the SLBC held on

27.09.2012 for adoption and implementation by member banks. No bank has

shown interest to sign an agreement with TABCEDCO to become sub-

channelising agent to implement the scheme.

The Managing Director, TABCEDCO requested that an agenda point on the

captioned scheme to be included once again in the SLBC meeting. A special

meeting of the SLBC was held on 23.07.2013 and the queries raised by the

member banks were sent to MD, TABCEDCO for their views / clarifications.

The Managing Director, TABCEDCO has sent his views / clarifications on the

queries vide his letter dated 08.08.2013.

The minutes of the special SLBC meeting held on 23.07.2013 and the reply

of MD, TABCEDCO for the queries raised by bankers are enclosed as

annexure.

The forum may deliberate on the issue further.

20

STATE LEVEL BANKERS’ COMMITTEE, TAMIL NADU

CONVENOR: INDIAN OVERSEAS BANK

Special Meeting of the SLBC, Tamil Nadu on Educational Loan Scheme of

NDCFDC Implemented through Tamil Nadu Backward Classes Economic

Development Corporation (TABCEDCO)

Minutes of the meeting

A special meeting of the SLBC, Tamil Nadu was held on 23.07.2013 at the

Central Office of Indian Overseas Bank to discuss various issues on

Educational Loan Scheme of NBCFDC implemented through Tamil Nadu

Backward Classes Economic Development Corporation (TABCEDCO).

Deputy General Manager, IOB & SLBC, Tamil Nadu, Finance Officer &

Manager from TABCEDCO and representatives from member banks were

participated in the meeting.

Dr.B.Bandyopadhyay, Deputy General Manager, IOB & SLBC, Tamil Nadu

welcomed the participants and explained the forum about the present

scenario in educational loans extended by the banks in the State. He has

also informed the forum about the target of educational loan fixed by

Ministry of Finance, Government of India and progress in the state.

Manager, TABCEDCO explained the salient features of the scheme and

informed the forum that the scheme can be made use by the banks to

cater the educational loan needs of students belonging to Backward

Classes, Most Backward Classes & denotifed Communities as notified by

Central Government/ State Government from time to time whose annual

family income should be below Rs 1,03,000/- for urban areas and 81,000/-

for rural areas.

She requested all the commercial banks to become a sub channelising

agency (SCA) of TABCEDCO for extending loans with a nominal interest

(male students 4 % p.a & female students 3.5% p.a) to the students of

backward classes communities. While NBCFDC does 90% funding of the

loan amount, TABCEDCO’s share is 5% and the margin to be brought by

the student is 5% as per the scheme. She also informed that banks will be

given 2-2.5% of service charges for rendering services as SCA as the case

may be.

21

Representatives from the member banks have made the following

observations about certain terms and conditions of the scheme:

S.No Condition Observation

1. It will be obligatory for SCA to

repay the dues to TABCEDCO

on the due dates with 3 days

grace period, irrespective of

whether the recovery was

made from the beneficiary or

not

The condition may be changed

as “Banks will repay the dues to

TABCEDCO, only when recovery

is made from the borrower”.

Grace period of 3 days for

remittance of due is not sufficient

for banks due to the practical

difficulties at the branch level.

Reasonable time should be

given.

2. In the event of default of

repayment by SCA, penal

interest @5 % per annum will be

levied in addition to the normal

interest for the period of delay

in making repayment.

Condition to pay penal interest

of 5% may be waived. Banks will

repay the dues to TABCEDCO,

only when recovery is made from

the borrower, with a reasonable

grace period.

3. In case, the loan amount

drawn from TABCEDCO could

not be disbursed by the bank,

for any reason, the un-

disbursed amount shall be

remitted back to TABCEDCO

along with the interest @ 13.5%

per annum.

Condition to pay 13.5% interest

on the loan amount remaining

with the bank due to reasons

which are beyond the control,

may be removed.

4. All legal action arising out

cheque bouncing cases and

for recovery of dues from the

beneficiary shall be pursued by

SCA and the legal expenses

also to be borne by them.

The legal charges for recovery of

loan from the students may be

borne by TABCEDCO.

22

5. Service charges to SCA

SCA will be allowed to retain

the difference in interest

amount @2.5% or 2% as the

case may be as service

charge. SCA will also be paid

additional service charge of

0.5% on timely repayments.

2 % of additional service charges

may be provided by TABCEDCO

to SCA throughout the recovery

period.

Further, the representatives of banks made the following observations:

Coverage of these loans under a Credit Guarantee Scheme should

be explored.

The onus of recovery should be with TABCEDCO.

The loan documentation procedure to be clarified. The sample

format of documents may be provided by TABCEDCO to the banks

for perusal.

The procedure for the subsequent stage releases of the loan

throughout the study period to be prescribed.

TABCEDCO may provide refinance to the banks who have already

provided educational loans to the backward classes students who

fall within the eligibility norms of NBCFDC scheme.

Whether the scheme provides for top up loan for the students, who

want to pursue for higher education. This should be clarified.

The Deputy General Manager, SLBC requested the officials of TABCEDCO

to provide clarification to the above observations to enable SLBC to

place this issue for further discussion in the ensuing meeting of SLBC.

The meeting ended with a vote of thanks by Chief Manager, SLBC.

28


4. Extension of Direct Benefit Transfer and Direct Benefit Transfer

(LPG) in phases in Tamil Nadu districts:

Government of India has decided to extend the Direct Benefit Transfer

Scheme to 78 more Districts with effect from 01.07.2013. Three districts

namely Ariyalur, Trichy and Pudukottai in Tamil Nadu have been included in

the II phase of 78 districts.

In order to implement the DBT scheme, member banks were requested to be

in readiness and adhere to the following

Open accounts for all all the residents in the command area of the

bank branches in mission mode.

Seed all the existing accounts & new accounts with AADHAAR

numbers

Issue debit cards to all account holders

Install ATMs in all branches

The above actions will facilitate DBT beneficiaries of the district to readily

reap the benefit of the scheme as and when the beneficiary list is made

available by the State Government authorities and the scheme implemented.

The State Government is requested to resolve the issue and to provide the

list of beneficiaries at the earliest.

Direct Benefit Transfer (LPG):

Now Government of India proposes to launch Direct Benefit Transfer (LPG)

in 25 districts of Tamil Nadu among various districts in the country, in a

phased manner as detailed below based on the percentage of AADHAR

generation in the districts:

29

S.No Date of launch Districts

1 01.10.2013 Ariyalur

2 01.11.2013 Trichy,Madurai,Pudukottai,Nagapattinam

3 01.12.2013 Cuddalore,Perambalur,Karur,Dharmapuri,Salem

Virudhunagar,Erode

4 01.01.2014 Thanjavur,Dindigul,Thiruvarur,Namakkal

Vellore,Ramanathapuram,Villuppuram,Theni

Kanyakumari,Kancheepuram,Thoothukudi

Tirunelveli,Krishnagiri

The member banks are advised to seed the AADHAAR details to the bank

accounts to enable smooth transfer of subsidy for LPG.

30


5. Tamil Nadu Government’s Old Age Pension scheme. Implementation of

second phase in 1660 villages with population 1600-2000:

Tamil Nadu Government’s Old Age Pension scheme was implemented as a

first phase in 4445 villages of the state having population above 2000. The

member banks have opened accounts for 6.69 lakh beneficiaries so far out

of the 6.92 lakh beneficiaries, issued smart cards and pension is paid

through Business Correspondents at the doorstep of the beneficiaries. SLBC

appreciates all the member banks for their efforts in making this happen.

It was reported in the review meeting held on 26.07.2013 that there is delay

in payment of pension in some places in the state. The member banks are

advised to ensure that their Business Correspondents are paying the pension

within 10 days from the date of credit in to the beneficiaries’ accounts.

It has been also decided that the scheme will be extended further to 1660

Financial Inclusion villages with a population of 1600-2000 in the second

phase. The member banks were already advised to open accounts for the

beneficiaries of villages in the category of 1600 to 2000 population,

biometrics captured and smart cards issued, based on the list obtained from

Deputy Collectors (SSS) in the districts.

During the review meeting convened by Joint Commissioner, Revenue

Administration, Government of Tamil Nadu on 30.08.2013 it was decided

that,

1) The list of beneficiaries is to be handed over to the bank branches by

the Deputy Collector (SSS) on or before 07.09.2013.

2) The Banks should immediately initiate steps to engage Business

Correspondents in their allotted villages.

3) The process of opening of accounts and capturing biometrics to

commence from 16.09.2013 onwards.

4) The smart cards are to be despatched by 30.10.2013.

31

The pension payment in the 1660 villages of the IInd phase has to be made

for the month of November in December, 2013.

Member banks are advised to instruct their branches in whose service area

the 1660 II phase villages fall to initiate immediate steps to open accounts

of the beneficiaries as and when the list is provided to them by the Deputy

Collector (SSS). Apart from opening of accounts arrangements to be made

for capturing of biometrics and issue of smart cards to the beneficiaries

well within the stipulated time to make the II phase implementation a grand

success.

32


6. Sponsoring of BPL candidates to RSETI and reimbursement of their

training costs:

Joint Secretary (RL), Ministry of Rural Development, Government of India in

his letter D.O.No.1-12022/31/2012-SGSY/NRLM dated 18.02.2013

addressed to Principal Secretary, Rural Development, Government of Tamil

Nadu advised the State Government to,

1. Sponsor BPL candidates / render assistance to Director RSETI in

identifying suitable candidates for the programmes.

2. Reimburse Training cost of BPL candidates.

It is observed from the feedback received from the Directors of RSETIs in

Tamil Nadu that,

1) Mahalir Thittam offices in the Districts have not so far sponsored any

BPL candidate for training in RSETI. The trainees are mobilized by the

RSETIs on their own by releasing advertisements in the News Papers and

through other modes.

2) No assistance is being extended to the Directors in identifying suitable

candidates for the programmes.

3) It is also observed that training programmes are conducted by Mahalir

Thittam offices in the districts by engaging various private training

establishments.

4) There is no system of sponsoring BPL candidates to RSETI for training

and there is also no system of reimbursement of training costs of BPL

candidates.

33

The Managing Director, TNCDW is requested that suitable instructions

should be given to the Project Officers of Mahalir Thittam in all districts

that all the training programmes for the BPL candidates by all the State

Departments should only be conducted through RSETI located in every

district and the BPL candidates suitable for the training programmes should

be sponsored by the respective Project Officer, Mahalir Thittam and the

cost of the BPL trainees should be reimbursed to the RSETIs as directed by

Ministry of Rural Development, Government of India.

The above requests if implemented will go a long way in the effective

functioning of RSETIs up to the expectations of the Government and the

poor beneficiaries will get quality training and further hand holding.

The members are requested to deliberate on this issue.

34


7. Enumeration & Registration of SHGs and creation of a database:

The Self Help Group movement has been very successful in Tamil Nadu. All

the Banks have been actively extending finance to the Self Help Groups

since the beginning of formation of SHGs in the State. The Banks have also

been instrumental in formation & grading of SHGs and have also been

supporting them to establish economic activities for their sustained

livelihood. The targets set by the Government for SHG-Bank Linkage are

achieved year after year without any issues and our state is one among the

top states in Self Help Group activities.

The targets are on the increase every year and the target for 2013-14 is

Rs.6000 crores, (approved in the 134th Meeting of SLBC held on 18.06.2013)

which is an increase of Rs.2000 crores over the last year’s target of

Rs.4000 crores. It is pertinent to note that,

1. Self Help Groups are promoted in the State by multiple agencies like

Mahalir Thittam, NGOs, Micro Finance Institutions (MFI), Post Tsunami

Livelihood Project, Pudu Vazhvu Project, Banks and others.

2. Of late, instances of same person becoming a member of multiple groups

and the same member availing finance from various agencies are on the

increase.

3. Consequent to the above, the delinquency rate is also increasing and the

recovery percentage shows a steady decline.

35

Many banks have represented that this trend should be arrested, especially

in the scenario of extending credit assistance of Rs.6000 crores during

2013-14 and in the process of implementation of NRLM in a big way in the

state. They have also represented that it is high time for the enumeration

of the groups and compulsory registration of the SHGs formed so far under

various banners and also to be formed in the future.

The member banks have also requested that Tamil Nadu Corporation for

Development of Women being the flagship organization for the SHG

movement in the State, should initiate steps in the above direction and

should lay down necessary procedures for compulsory registration of each

SHG and its members with Mahalir Thittam and also a data base of all the

SHGs should be maintained by TNCDW to enable the bankers to verify the

same before financing any group.

The Tamil Nadu Corporation for Development of Women is requested to

initiate suitable action at the earliest possible time to enumerate all the

SHGs in the state and also to make registration with TNCDW compulsory,

which will definitely help the banks to identify the right group for extending

financial assistance and to achieve the targets hassle free. It is also

requested that the details of the SHGs be made available in the Government

website to enable banks to access.

The members are requested to deliberate on this issue.

36


8. Administrative approval from Government of India for implementation

of centrally sponsored “Poultry Development” scheme during 2013-14:

Department of animal Husbandry, Dairying & Fisheries, Ministry of

Agriculture, Government of India advised the continuation of the captioned

scheme for the year 2013-14.

The Government of India circular dated 18.06.2013 is enclosed for the ready

reference of member banks.

51


9. Continuation of Tamil Nadu Government’s Scheme for Poultry

Development during 2013-14:

Tamil Nadu Government vide G.O.(Ms) No.171 dated 09.07.2013 extended

implementation of Poultry Development Scheme during 2013-14 and allocated

a sum of Rs.25.00 crores as subsidy for the scheme.

The broiler scheme is further expanded to Theni, Sivagangai and Vellore

districts. The native chicken scheme is implemented in 17 districts. A copy

of the G.O.(Ms)171 is enclosed for ready reference of the member banks.

The member banks are requested to instruct their branches to process the

applications sent to them under the scheme without any delay.

68


10. Self Employment Scheme for Rehabilitation of Manual Scavengers

(SRMS)

Ministry of Finance, Government of India advised that the external audit

conducted to verify the beneficiaries assisted under SRMS

scheme in Gujarat, Maharashtra, Rajasthan and Tamil Nadu have reported

that many beneficiaries who were provided loan and capital subsidy for

taking up self employment project for their rehabilitation, under the

scheme, have not utilized the assistance for the purpose for which it was

sanctioned.

Further, Ministry of Social Justice and Empowerment has

requested Ministry of Finance to issue necessary instructions to banks

concerned to identify and investigate all cases of misutilisation of funds

under the scheme and to take appropriate consequential measures to recover

the funds which might have been misutilised.

A meeting of the special Committee of SLBC was conducted on 22.07.13 to

discuss about the modalities to be followed in compliance with the

instructions of Ministry of Finance to verify the all the cases of

misutilisation of funds in SRMS scheme in Tamil Nadu.

It was decided in the meeting that,

a) 10% verification of the accounts by each bank will be conducted.

b) Such verification should be spread over the State and not restricted

to one or two districts.

c) Verification should be done jointly by banks and TAHDCO.

d) SLBC to devise a common format for verification of the accounts.

e) The exercise has to be completed within 15 days after getting

communication from SLBC.

69

The list of the 10352 beneficiaries assisted under the scheme by all the

banks in Tamil Nadu is available in the website of TAHDCO. SLBC has

designed a format for verification of the accounts by banks jointly with

TAHDCO. Member banks may take assistance by contacting the District

Manager, TAHDCO of their respective districts.

SLBC had already advised the list of beneficiaries assisted under the

scheme separately along with the format to all the banks on 27.08.2013 and

requested the member banks to verify 10% of their accounts jointly with

TAHDCO.

The member banks are advised to verify 10% of their accounts and submit a

report to SLBC in 15 days time to enable us to submit a report to

Government of India.

71


11. Permission in writing for creation of mortgage of immovable

properties owned by Private Colleges / Private Schools:

Banks are taking mortgage of immovable properties of Private colleges and

Schools as a security for the loans and advances extended to the educational

institutions i.e. colleges and schools. As per the Tamil Nadu Private Colleges

(Regulation) Act,1976, previous permission in writing has to be obtained from

the competent authority before alienating the property of a private college.

Many banks report that when their clients apply to the Director of

Collegiate Education or Director of School Education for permission in

writing, only an acknowledgement is received from the authorities. There is

a likelihood of the mortgage becoming voidable at a later date in the absence

of permission in writing.

The State Government is requested to look in to the matter urgently and to

instruct the respective Departments to issue permission in writing in

addition to acknowledgement.

72


12. Common Effluent Treatment Plants –Non receipt of 3rd instalment of

subsidy from Government of India and Tamil Nadu State Government:

Housing and Urban Development Corporation Limited (HUDCO) advised vide

their letter dated 23.08.2013 that the 3rd instalment of subsidy of the

Government of India and Government of Tamil Nadu in respect of Common

Effluent Treatment Plants of Tiruppur is yet to be released. The accounts

have already been classified as NPA and the delay in receipt of subsidy adds

further difficulty.

The State and Central Governments are requested to release the 3rd

instalment of subsidy at the earliest.

73

AGENDA No: 3 135th SLBC REVIEW ON BANKING DEVELOPMENTS IN TAMILNADU IN KEY

PARAMETERS AS OF JUNE 2013 KEY PARAMETERS (Amount – Rs.in Crores)

Parameters June

2012 June 2013

Variation & % of

growth over June

2012

No. of Branches 7494 8140 646

Deposits 390518.57 448066.55 57547.98 14.74%

Advances 458306.55 532304.92 73998.37 16.15%

CD Ratio 117.36% 118.80%

Investments 2764.39 5427.81 2663.42

Credit + Investment to Deposit

Ratio 118.07% 120.01%

Priority Sector Advances 177629.42 213873.84 36244.42 20.40%

% of Priority Sector Advances

to Total Advances 39.54% 40.09%

Agricultural Advances 77402.66 96938.79 19536.13 25.24%

% of Agricultural Advances to

Total Advances 17.23% 18.17%

Micro & Small Enterprises

(MSE) 60771.14 70305.03 9533.89 15.69%

Of which Micro enterprises 22434.76 31659.85 9225.09 41.12%

Micro Credit 3299.61 4213.42 913.81 27.69%

Education 12364.79 14208.18 1843.39 14.91%

Housing 23492.12 28208.42 4716.30 20.08%

Advances to Weaker Sections 51451.74 57260.48 5808.74 11.29%

% of Weaker Section Advances

to Total Advances 11.45 10.73

DRI Advances 224.59 109.09 -115.50 -51.43%

% of DRI Advances to Total

Advances 0.05 0.02

74

BRANCH NETWORK

As at the end of June 2013, the total number of Bank Branches in Tamil

Nadu increased to 8140 from 7494 in June 2012. Group wise spread of Bank

branches in Tamil Nadu as of June 2012 and June 2013 are given below:

Name of the Group June 2012 June 2013 Variation

State Bank Group 1059 1161 102

Nationalised Banks 4117 4347 230

Other Public Sector Banks 66 75 9

Private Sector Banks 1883 2159 276

RRBs 345 374 29

Foreign Banks 24 24 0

TOTAL 7494 8140 646

DEPOSIT GROWTH

Deposits of the Banks in Tamil Nadu have increased from Rs.390518.57

crores as of June 2012 to Rs.448066.55 crores as of June 2013, registering

an increase of Rs.57547.98 crores. The year on year incremental deposit

growth is 14.74%.

CREDIT EXPANSION

The total advances increased from Rs.458306.55 crores as of June 2012 to

Rs.532304.92 crores as of June 2013, an increase of Rs.73998.38 crores.

The incremental growth is 16.15%.

CD RATIO

The Credit Deposit Ratio of Commercial Banks in Tamil Nadu increased from

117.36% as of June 2012 to 118.80% as of June 2013.

75

PRIORITY SECTOR ADVANCES

The percentage of priority sector advances is 40.09% as of June 2013 as

against the national norm of 40%.

The share of Priority Sector Advances have slightly increased from 39.54%

as of June 2012 to 40.09% as of June 2013.

AGRICULTURAL ADVANCES

The aggregate of agricultural advances extended by Banks in Tamil Nadu

have increased from Rs.77402.66 crores as of June 2012 to Rs.96938.79

crores as of June 2013, thus registering an increase of Rs.19536.13 crores

in absolute terms and 15.69 in percentage terms. The share of agricultural

credit in total advances as of June 2013 is 18.17% against the national norm

of 18%.

MICRO & SMALL ENTERPRISES (MSE)

The advances to Micro & Small Enterprises sector (MSE) during the period

under review have witnessed an increase by Rs.9533.89 crores, from

Rs.60771.14 crores as at June 2012 to Rs. 70305.03 crores as at June 2013.

The incremental growth is 15.69%.

EDUCATION LOAN

Educational Loans have increased from Rs.12364.79 crores in June 2012 to

Rs.14208.18 crores as of June 2013. The increase of Rs.1843.39 crores

under Educational Loans represents a growth rate of 14.91%.

HOUSING LOAN

The outstanding under Housing Loans has increased from Rs.23492.12 crores

as of June 2012 to Rs.28208.42 crores in June 2013. The increase of

Rs.4716.30 crores under housing loan represents a growth rate of 20.08%.

76

ADVANCES TO WEAKER SECTIONS

The advances to Weaker Sections increased from Rs.51451.74 crores as of

June 2012 to Rs.57260.48 crores as at the end of June 2013, registering a

growth rate of 11.29%. At this level, advances to Weaker Sections

constituted 10.73% of the total credit against the national norm of 10%.

DRI ADVANCES

The outstanding advances under DRI has decreased from Rs.224.59 crores

as of June 2012 to Rs. 109.09 crores as of June 2013.

The percentage of DRI advances to total advances is 0.02%.

77

PERFORMANCE OF COMMERCIAL BANKS UNDER THE STIPULATED

NATIONAL NORMS ARE AS UNDER:

(Amount Rs.in Crores)

Particulars

National Norms for

March 2014

Achievement upto

June 2013

% Target

Amount %

Amount

Priority Sector Advances to

Total Advances 40.00% 213407.88 40.09% 213873.85

Agricultural Advances to Total

Advances 18.00% 96033.55 18.17% 96938.78

Weaker Section Advances to

Total Advances 10.00% 53351.97 10.73% 57260.48

The share of Priority Sector advances stands at 40.09% as against the

National Norm of 40%. The percentage of Priority Sector Advances to total

Advances has shown a marginal increase from 36.90 % as at the end of June

2012 to 40.09% as at the end of June 2013.

The percentage of Agri Advances to total advances has increased from

17.23% as at the end of June 2012 to 18.17% in June 2013.

CREDIT + DEPOSIT RATIO

CD Ratio as of June 2013 is as follows:

(a) Commercial Banks : 118.80%

(b) Including Co-operative Banks : 117.62%

78

DISTRICTWISE PERFORMANCE OF COMMERCIAL BANKS IN

TAMILNADU

A comparative analysis of the performance of the Commercial Banks in Tamil

Nadu indicates the following:

a) Theni district has the highest CD ratio at 222% followed by Ariyalur

district (220%) & Dharmapuri district (200%).

b) All the 32 districts in the state have achieved the desired CD ratio

of 60% or more.

Agricultural advances to total advances in the following district is below 18%

norm.

Coimbatore -- 12.01%

79

REVIEW OF OPERATIONS OF CO-OPERATIVE BANKS IN TAMILNADU

AS AT THE END OF JUNE 2013

As at the end of June 2013, there were 834 branches of Co-operative Banks

(both, District Central Co-operative Banks and State Agricultural and Rural

Development Banks) in Tamil Nadu. The details are furnished for the

information of the members.

Classification of Branches June 2012 June 2013

Rural 270 261

Semi-Urban 197 220

Urban 185 203

Metro 146 150

TOTAL 798 834

(Amount – Rs. in Crores)

Particulars June 2012 June 2013

Deposits 22476.44 26399.82

Advances 29149.56 25753.88

Investments 7001.70 8336.62

CD Ratio 129.69% 97.55%

Credit + Investment to Deposit Ratio 160.84% 129.13%

(Amount – Rs. in Crores)

S.

No. Particulars

June

2012

June

2013

1 Agricultural Advances 3592.58 4236.01

Of which, Direct Advances 426.74 407.22

2 Micro & Small Enterprises 2061.74 2258.74

3 Education 3.22 2.28

4 Housing 169.51 178.93

5 Micro Finance & Others 320.27 562.63

TOTAL PRIORITY SECTOR ADVANCES 6147.32 7238.59

80

ADVANCES UNDER SPECIAL PROGRAMMES / SCHEMES / SECTORS

(Amount – Rs. in crores)

June 2012 June 2013

Total Advances to Weaker Sections 4195.84 5141.42

Of which,

(i) Advances under SC/ST 1534.09 1154.91

(ii) Advances under IRDP/SGSY 1082.48 123.52

(iii) Advances under DRI 121.98 12.16

NPA POSITION IN PRIORITY SECTOR ADVANCES –

March 2013

(Amount – Rs. in crores)

NPA

Amount

% of NPA

i) NPA in Housing loans 13.58 7.90%

ii) NPA in Education loans 1.97 83.83%

iii) NPA in Agriculture Loans 245.04 5.07%

iv) NPA in Loans to MSE 2.72 0.11%

v) NPA in Loans to Micro Credit 59.77 13.27%

vi) NPA in over all Priority Sector Lending 195.13 2.43%

84


REVIEW OF PERFORMANCE UNDER ANNUAL CREDIT PLAN

2012 – 2013: (APRIL 2012 TO MARCH 2013)

The tentative Annual Credit Plan achievement for the year 2012-13 was

placed in the 134th SLBC Meeting held on 18.06.2013.

Now, the final Annual Credit Plan achievement for the financial year 2012-13

for the State of Tamil Nadu is placed below for the information of the

forum. (Amount in Rs. Crores)

Sector

Credit Allocation Credit Disbursed % of

Achievement April 2012 to March 2013

Farm 53325.53 58259.02 111

Non-Farm 14293.54 12639.87 88

OPS 15894.70 16008.45 98

TOTAL 82513.77 86907.34 105

The details of progress made under ACP 2012-13 Districtwise/bank-

wise/activity-wise is furnished in the annexure for information.

89


ANNUAL CREDIT PLAN 2013-14

The tentative Annual Credit Plan for 2013-14 was placed in the 134th SLBC

Meeting held on 18.06.2013.

Now, the final Annual Credit Plan for the financial year 2013-14 for the

State of Tamil Nadu is placed below for the information of the forum.

(Number of accounts in actual and Amt. in Thousands)

Sr.

No Sector Sub-Sector

Yearly Targets under

ACP

Number Amount

1

Priority

Agriculture & allied - Direct 11481720 614035971

2 Agriculture & allied - Indirect 430210 40776513

3

Agriculture & allied –

Sub Total = 1+2 11911930 654812484

4 MSE 985725 193265160

5 Education 274359 30117577

6 Housing 196577 51110048

7 Others 1129183 121192490

Total (Priority) 14497774 1050497759

8

Non-

Priority

Heavy Industries 82 8650000

9 Medium Industries 672 32230408

10 Education 1216 1940498

11 Housing 3649 11623164

12 Others 1832206 113803217

14 Total (Non Priority) 1837825 168247287

15 Total (Priority+ Non Priority) 16335599 1218745046

Active involvement of all the Banks in Tamilnadu is sought for the successful

achievement of the Annual credit plan 2013-14. Various Departments and

agencies of the Government are also requested to extend support in filling

up the infrastructure gaps, if any.

The detailed 1. District-wise /sector-wise & 2. Bank-wise /sector-wise

Annual Credit Plan is enclosed as annexure.

90

AGENDA No: 5A 135th SLBC

REVIEW OF PERFORMANCE UNDER ANNUAL CREDIT PLAN 2013-14

APRIL 2013 TO JUNE 2013

As per quick information report obtained from the Lead District Managers,

banks in Tamil Nadu have disbursed total credit(both priority and non

priority) of Rs.25833.60 crore against proportionate plan allocations of

Rs.28636.45 crore representing 90% achievement under ACP for the year

2013-14 (April 2013 to June 2013).

The consolidated sector-wise achievement is given below.

(LBS MIS II)


Sr

No Sub-Sector

Disbursement during

the quarter ended

June 2013

Outstanding as of June

2013

Number Amount Number Amount

1 Agriculture & allied - Direct 2258998 136870820 11098671 819849944

2 Agriculture & allied - Indirect 44174 4988422 401689 69081956

3

Agriculture & allied -

Sub Total=1+2 2303172 141859242 11500360 888931900

4 MSE 194369 39923981 2188494 448393800

5 Education 43426 4611252 939440 124156800

6 Housing 54777 12296976 770269 184834400

7 Others 222830 23637387 1321630 41114100

Priority Total 2818574 222328838 16720193 1687431000

8 Heavy Industries 18 2207500 234 20992369

9 Medium Industries 131 6621773 129976 54956755

10 Education 103 162452 74003 2533691

11 Housing 364 1631967 93980 26225739

12 Others 334087 25383538 5164411 836395646

Non Priority Total 334703 36007230 5462604 941104200

15

Grand Total

(Priority + Non Priority) 3153277 258336068 22182797 2628535200

91

(LBS MIS III)


Sr

No

Sub-Sector

Target for the quarter

ended June 2013

Achievement for the

quarter ended June

2013

% of achievement

for the quarter

ended June 2013

Number Amount Number Amount

Number

(%)

Amount

(%)

Priority

1


Direct 2683330 146967975 2258998 136870820 84 93

2


Indirect 83888 7694186 44174 4988422 53 65

3


Sub Total=1+2 2767217 154662161 2303172 141859242 83 92

4 MSE 228292 49293165 194369 39923981 85 81

5 Education 67179 6744890 43426 4611252 65 68

6 Housing 53067 12211859 54777 12296976 103 101

7 Others 229889 23898597 222830 23637387 97 99

Priority Total 3345644 246810672 2818574 222328838 84 90

Non Priority

8 Heavy Industries 22 2375000 18 2207500 82 93

9 Medium Industries 143 6956556 131 6621773 92 95

10 Education 208 323876 103 162452 50 50

11 Housing 654 2047264 364 1631967 56 80

12 Others 410398 27851191 334087 25383538 81 91

Non Priority Total 411425 39553887 334703 36007230 81 91

15

Grand Total (Priority

+ Non Priority) 3757069 286364559 3153277 258336068 84 90

District wise performance:

District wise/ Sector wise performance for the period ended March

2013 is furnished in Annexure – I. Banking System in Tamil Nadu have

achieved 90% of the plan allocation during the period under review.

92

Sector wise performance:

A. Farm Sector (Agriculture and Allied Activities- Direct & Indirect):

The performance under Farm Sector is satisfactory with 92% for the

quarter ended June 2013. 12 districts have achieved 100% or more under

Farm Sector.

B. MSE Sector – Industries:

Performance of Banks in Tamil Nadu under MSE Sector works out to 81% of

the proportionate plan allocation for the quarter year ended June 2013.

9districts have achieved 100% or more under MSE Sector.

B. Other Priority Sector (Education, Housing & Others):

Performance of Banks in Tamil Nadu under education, housing & others works

out to 68%, 101% & 99% of the proportionate plan allocation respectively for

the quarter ended June 2013

The details of 1. Districtwise / Sector-wise disbursement (LBS MIS II) and

2. district-wise /Sector-wise achievement (LBS MIS III) for the quarter

ended June 2013 under ACP is enclosed as annexure.

100


MICRO & SMALL ENTERPRISES (MSE) SECTOR

Credit flow to MSE Sector for the quarter ended June 2013 is furnished in

the annexure. Credit flow to Micro and Small Enterprises amount to

Rs.3477.23 crores & Rs 3277.91 crores respectively.

The MSE disbursement made during the first quarter 2013-14 is Rs.6755.14

crores compared to Rs.4243.34 crores disbursed in the corresponding period

last year (incremental growth 59.19%).

The share of advance to Micro Enterprises to total MSE for the quarter

ended June 2013 (April 2013 to June 2013) is 51.48%. During the

corresponding period last year it was 41.41%.

Though there is a significant improvement when compared to the

corresponding period last year, the Member Banks should speed up the

flow of credit to Micro Enterprises so that the 60% norm could be

achieved.

The share of Micro Enterprises in credit flow to MSE are furnished in the

annexure (Bank-wise).

Special SLBC Meeting on Development of MSE Sector in Tamil Nadu:

A special meeting of SLBC, Tamil Nadu was held on Development of Micro

and Small Enterprises in Tamil Nadu. General Manager& Convenor SLBC,

DGM, RBI, GM(MSME), IOB, Additional Director, Dept. of Industries and

Commerce, Government of Tamil Nadu, Senior Officials from Banks,

representatives of 11 industry associations participated in the meeting. The

minutes of the meeting has already been circulated to all the member banks.

Reserve Bank of India vide their letter 03.09.2013 clarified that switching

over to 180 days norms of Income Recognition and Asset Classification was

not found feasible and banks are advised vide circular RPCD.Co.MSME &

NFS.BC.40/06.02.31/2012-13 dated 01.11.2012 to strictly adhere to revised

guidelines for rehabilitation of sick units in the MSE sector.

102

AGENDA No:7 135th SLBC

Prime Minister’s Employment Generation Programme (PMEGP)

KVIC, Chennai vide their letter dated 22.08.2013 has advised the target &

achievement for 2013-14 under PMEGP Loan Scheme as on 30.06.2013, as

given below:- (Rs. in Lakhs)

Name of the Agency

Target Achievement

Projects Margin Money

Emp Projects Margin Money

Emp

KVIC 716 1647.09 5728 33 47.89 213

KVIB 716 1647.09 5728 0 0.00 0

DIC 954 2196.12 7632 0 0.00 0

Total 2386 5490.30 19088 33 47.89 213

During the first quarter the progress of the scheme is very low. Member

banks are requested to speed up the sanction / disposal of the pending loan

application immediately.

Bank-wise performance under PMEGP is given below, (Rs. in Lakhs)

S.

No Name of the Bank Projects.

Margin

Money Emp

1 State Bank of India 6 7.73 37

2 Indian Overseas Bank 12 7.20 46

3 Indian Bank 2 5.09 32

4 Union Bank of India 1 7.09 23

5 Central Bank of India 1 8.75 26

6 Bank of Baroda 1 0.35 0

7 State Bank of Travancore 5 0.70 13

8 Lakshmi Vilas Bank 1 7.94 27

9 Tamilnadu Mercantile Bank 4 3.04 9

TOTAL 33 47.89 213

103

Information on share of SC/ST under PMEGP Loan Scheme

As advised by National Commission for SC, Government of India, KVIC have

furnished the SC/ST performance on PMEGP scheme 2013-14 as on

30.06.2013. Out of the total number of 33 projects sanctioned during the 1st

quarter ending June, 2013, the share of SC/ST is “Nil” as per the report

submitted by KVIC,Chennai.

Member banks are requested to o speed up the sanction / disposal of the

pending loan application of the SC/ST beneficiaries immediately.

104


Setting up of Rural Self-Employment Training Institutes (RSETIs)

All the Four Banks having Lead District responsibilities have since opened

RSETIs in the lead districts allotted to them (Total 30 RSETIs).

IOB has opened a RSETI at Kothagiri in Nilgiris District to impart skill

training to Tribal People of the Nilgiris District.

Performance of the RSETIs during April to June 2013:

Total

Number

of

RSETI

No of

training

programme

conducted

during

April to

June 2013

No of

persons

trained

Of which No of

persons

secured

employment/

self

employment

No. of

trained

persons

Credit

Linked

SC/ST Minority OBC Others

31 111 3060 766 236 1901 157 1563

391

All the 31 RSETIs in the State should endeavour to obtain A+ grade during

the current year. The Monitoring Cell of National Academy of RUDSETIs

had advised certain parameters to all the RSETIs for grading them. The

RSETIs should comply with the requirements to get A+ grade.

A sub-committee of SLBC on RSETI consisting representatives from 4 major

banks namely Indian Overseas Bank, Indian Bank, Canara Bank & State Bank

of India, Principal Secretary, Department of Rural Development, Government

of Tamil Nadu and The Managing Director, Tamil Nadu Corporation for

Development of Women (TNCDW) as members had been constituted to

review the performance of RSETIs.

105

AGENDA No.9 135th SLBC

Setting up of Financial Literacy & Credit Counselling Centres (FLCCC)

Four Lead banks namely IOB, Indian Bank, Canara Bank & State Bank of

India have completed establishment of FLCCCs in their lead districts (31

districts). Apart from the four lead banks, Bank of India and ICICI Bank

Ltd have opened FLCCC each one at Chennai.

FLCCC Progress Report for the Quarter ended June 2013.

Sl.

No

Name of the

Bank

No of

FLCCC

No. of

persons

Counselled

during the

quarter

No. of

Outdoor

activities

undertaken

during the

Quarter

No of

persons

participated

in outdoor

activities

during the

Quarter

1 IOB 13 1185 156 12634

2 Indian Bank 10 1093 30 3223

3 Canara Bank 7 2119 272 29156

4 SBI 2 356 12 1004

5 BOI 1 36 0 0

6 ICICI Bank Ltd 1 108 2 110

TOTAL 34 4897 472 46127

All the member banks are advised to instruct their rural branches suitably

to undertake financial Literacy activities and submit their consolidated

progress details to SLBC and RBI. The necessary publicity materials will be

printed and circulated to member banks. RBI is taking steps to bring out

publicity materials in local language. The posters will be printed and sent to

banks as and when the publicity materials in local language are received from

RBI.

106

AGENDANo.10 135th SLBC

Progress under Financial Inclusion in Tamil Nadu as on 31.07.2013

SLBC identified and allotted 1660 villages to various banks with population

over 1600 to 2000 as per 2001 census.

As desired by Hon’ble Chief Minister of Tamil Nadu, Banks have decided to

provide banking facilities in all the villages in the State irrespective of the

population. Total no. of villages identified and allotted is 5622 in 31

districts under the category of 0 to 1600 population.

As advised by Reserve Bank of India, SLBC identified 534 villages as

unbanked villages which were not identified earlier due to the presence of

PACB/PACS and allotted to various banks for coverage before March, 2013.

Total No. of villages under all the categories are 7816 villages. As per the

monthly progress report submitted by banks 7250 villages have been

covered as of July 2013.

As the progress report is to be keyed in directly in the website of

Ministry of Finance by SLBC before 5th of every month, all the

participating banks are requested to submit the monthly progress report

in SW3- format to SLBC by 5th of every succeeding month without fail.

Bank-wise progress report as on 31.07.2013 is enclosed.

108

AGENDA No. 11 135th SLBC

Ultra Small Branch (USB)

Ministry of Finance, Government of India advised that at places where the

opening of conventional Brick & Mortar Branch is presently not viable, the

Bank may set up USBs. When the Bank reaches the desired level of business,

the USB can be upgraded into a regular Bank Branch.

In Tamil Nadu banks have covered 4445 villages with a population of 2000

and above under Financial Inclusion. Banks have opened 3509 USBs in the

State as on 31.07.2013. The bank wise data on USBs opened in the state is

enclosed.

Member banks are requested to expedite opening of Ultra Small Branches in

the remaining villages wherever BCs are engaged and ensure 100 %

achievement as per the guidelines of Ministry of Finance.

The member banks are requested to furnish the progress to SLBC on or

before 5th of every succeeding month without fail.

111


Campaign to ensure at least one Bank Account for each family in all

villages and urban areas.

Ministry of finance, Government of India advised banks to launch a campaign

to ensure each family living in the FI villages has a Bank account to facilitate

Direct Benefit Transfer of subsidies under the 26 schemes of Govt. of India

Ministry of Finance, Government of India has clarified that opening of

accounts should not be restricted only to FI Villages and the campaign

should cover all the rural villages and urban areas by banks in their

service area.

All the member banks and Lead Districts Managers are requested to carry

on the campaign for opening of accounts as per the directives. All member

banks are requested to submit the monthly progress report on or before 4th

of every succeeding month to SLBC.

The latest bank wise position as on 31st July, 2013 in opening bank accounts

for each family is enclosed. The percentage of households having bank

accounts in the State has gone up to 98.04% from 52.50% after the

launch of the campaign. All the member banks are requested to expedite to

complete coverage of 100% of the households by September 2013.

112

STATE LEVEL BANKERS' COMMITTEE, TAMIL NADU CONVENOR : INDIAN OVERSEAS BANK

Total number of accounts opened by banks during the Campaign to Ensure at

Least One Bank Account for each family in all villages and urban areas

S.No Name of the Bank Total Number of Accounts Opened

upto July 2013

1 Allahabad Bank 57432

2 Andhra Bank 17113

3 Axis Bank Ltd., 1317

4 Bank of Baroda 171214

5 Bank of India 97871

6 Bank of Maharashtra 1312

7 Canara Bank 553254

8 Catholic Syrian Bank Ltd. 20814

9 Central Bank of India 82517

10 City Union Bank Ltd. 32413

11 Corporation Bank 8012

12 Dena Bank 9799

13 Dhanalakshmi Bank Ltd. 812

14 Federal Bank Ltd. 615

15 HDFC Bank Ltd 2214

16 ICICI Bank Ltd 20080

17 IDBI Bank Ltd 3906

18 Indian Bank 2175911

19 Indian Overseas Bank 1457462

20 Indus Ind Bank Ltd 53410

21 ING Vysya Bank Ltd. 39601

22 Jammu & Kashmir Bank Ltd 432

23 Karnataka Bank Ltd. 318

24 Karur Vysya Bank Ltd. 11175

25 Kotak Mahendra Bank Ltd 53

113

STATE LEVEL BANKERS' COMMITTEE, TAMIL NADU CONVENOR : INDIAN OVERSEAS BANK

Total number of accounts opened by banks during the Campaign to Ensure at

Least One Bank Account for each family in all villages and urban areas

26 Lakshmi Vilas Bank Ltd. 5631

27 Oriental Bank of Commerce 3112

28 Pallavan Grama Bank 31517

29 Pandyan Grama Bank 275420

30 Punjab & Sind Bank 118

31 Punjab National Bank 109458

32 South Indian Bank Ltd. 60097

33 State Bank of Bikaner & Jaipur 218

34 State Bank of Hyderabad 4152

35 State Bank of India 821245

36 State Bank of Mysore 5241

37 State Bank of Patiala 4154

38 State Bank of Travancore 134900

39 Syndicate Bank 95487

40 Tamilnadu Mercantile Bank Ltd 13402

41 U C O Bank 24537

42 Union Bank of India 49543

43 United Bank of India 315

44 Vijaya Bank 8758

TOTAL 6466362

114

AGENDA NO.13 135th SLBC

Financial Inclusion & Green Initiatives - Electronic transfer of benefit

payments

As advised by RBI the statistical data (in a prescribed format) on ICT based

Financial Inclusion from member Banks in Tamil Nadu is collected by SLBC

and submitted to RBI.

All the member Banks are requested to furnish the data before 5th of

every succeeding month to SLBC, as the consolidated statement has to

be submitted to RBI before 7th.

The progress made by the Member Banks under Financial Inclusion as of July

2013 is furnished in the Annexure.

115

Progress under Financial Inclusion by Banks - Cumulative position

As of July 2013

S.

No Name of the Bank

Number of

No-frills

accounts

Overdrafts

in no frills

accounts

GCCs

Smart

Cards

issued

1 Allahabad Bank 14267 5684 0 2121

2 Andhra Bank 12665 0 2 1324

3 Bank of Baroda 56100 0 24 60941

4 Bank of India 203414 11445 2451 37060

5 Bank of Maharashtra 1314 295 0 0

6 Canara Bank 1766780 25688 71868 48320

7 Central Bank of India 130224 0 0 102848

8 Corporation Bank 132814 0 5149 0

9 Dena Bank 30936 0 2 0

10 Indian Bank 2846450 18812 145567 1329911

11 Indian Overseas Bank 3476757 3495 5332 635782

12 Oriental Bank of Commerce 1180 0 1 0

13 Punjab & Sind Bank 1586 0 0 0

14 Punjab National Bank 94351 0 1402 2011

15 State Bank of B & J 2157 0 0 0

16 State Bank of Hyderabad 0 0 0 0

17 State Bank of India 1215000 0 0 318546

18 State Bank of Indore 0 0 0 0

19 State Bank of Mysore 3191 7 72 0

20 State Bank of Patiala 776 1 11 0

21 State Bank of Travancore 83312 0 0 2300

22 Syndicate Bank 85937 109 2478 1585

23 UCO Bank 141000 10 141 21010

24 Union Bank of India 145027 0 0 60225

25 United Bank of India 921 0 0 0

26 Vijaya Bank 27307 355 558 0

27 Axis Bank Ltd 24037 0 0 0

28 Bank of Rajasthan Ltd. 104 0 33 0

29 Catholic Syrian Bank Ltd. 11055 0 4 1731

30 City Union Bank Ltd. 89425 12 0 26711

116

S.

No Name of the Bank

Number of

No-frills

accounts

Overdrafts

in no frills

accounts GCCs

Smart

Cards

issued

31 Dhanalakshmi Bank Ltd. 16841 0 0 16841

32 Federal Bank Ltd. 7833 0 5 20

33 HDFC Bank Ltd. 97204 0 2663 305

34 ICICI Bank Ltd. 138017 0 33 29776

35 IDBI Bank Ltd. 19802 0 1 0

36 Indus Ind Bank Ltd. 19677 0 0 0

37 ING Vysya Bank Ltd. 1619 8 0 0

38 Jammu & Kashmir Bank Ltd. 3 0 0 0

39 Karnataka Bank Ltd. 17114 0 0 0

40 Karur Vysya Bank Ltd 32728 0 0 25213

41 Kotak Mahindra Bank Ltd. 7702 0 0 0

42 Lakshmi Vilas Bank Ltd. 28513 0 0 19350

43 South Indian Bank Ltd. 92989 19 0 12517

44 Tamilnad Mercantile Bk Ltd. 146969 0 591 17432

44 Pandyan Grama Bank 563675 10586 24 33484

45 Pallavan Grama Bank 29673 73 491 18465

46

Tamilnadu State Apex

Coop.Bank 36847 0 3597 0

TOTAL 11855293 76599 242500 2825829

117

AGENDA NO.14 135th SLBC

Allocation of Targets for Educational loans by Government of India

(2013-14):

Ministry of Finance, Government of India has advised the allocation of

educational loan outstanding target for the state of Tamil Nadu with 20 %

incremental growth in No. of accounts and amount outstanding over March

2013 figures. The total educational loan outstanding target for Tamil Nadu is

Rs 16851.08 Crore with a physical target of 1085560 accounts for the year

2013-14.

Based on the above instruction, SLBC allocated this year’s target to all the

banks with 20% growth in No. of accounts and amount outstanding over

March 2013.

Banks have reached the educational loan outstanding of Rs.14557.80 crore

against the target of Rs.16851.08 crore and No. of accounts is 912942

against 1085560 accounts as of June 2013.

Bank-wise educational loan outstanding position as of June 2013 is enclosed.

All the member Banks are requested to achieve the education loan target

for 2013-14 and submit monthly progress report in the following format on

5th of every succeeding month to enable us to send the progress report to

Ministry of Finance.

Name of the State : Tamil Nadu

Progress report for the Month of ____________________

Name of the Bank

Educational loan O/S

No. of

Accounts

Amount Outstanding

(Rs in crore)

118

STATE LEVEL BANKERS' COMMITTEE, TAMIL NADU

CONVENOR : INDIAN OVERSEAS BANK

PROGRESS REPORT ON EDUCATIONAL LOAN AS ON 30.06.2013

(Rs in Crore)

Sl.

No Bank

Target for 2013-14 Position as on

30.06.2013

No. of

A/Cs

Amount

O/S

No. of

A/Cs

Amount

O/S

Public Sector Banks

1 Allahabad Bank 3824 74.06 2614 63.47

2 Andhra Bank 7337 125.62 6164 107.92

3 Bank of Baroda 22013 343.20 18715 291.16

4 Bank of India 37340 577.20 30978 504.20

5 Bank of Maharashtra 1537 29.02 1295 25.40

6 Canara Bank 130898 2077.15 110906 1803.11

7 Central Bank of India 48152 653.52 39127 576.60

8 Corporation Bank 20018 348.00 16847 296.63

9 Dena Bank 2359 40.79 1920 32.45

10 Indian Bank 212471 3542.35 178609 3030.00

11 Indian Overseas Bank 192063 2542.27 162140 2209.17

12 Oriental Bank of Commerce 4602 85.78 3811 74.78

13 Punjab National Bank 18128 293.76 15201 254.99

14 Punjab & Sind Bank 236 4.38 185 3.47

15 State Bank of B & J 2336 28.79 935 24.01

16 State Bank of Hyderabad 1973 46.70 1683 44.17

17 State Bank of India 210841 3295.69 175079 2861.97

18 State Bank of Mysore 5052 118.62 4919 96.69

19 State Bank of Patiala 533 12.60 499 11.51

20 State Bank of Travancore 17064 354.41 13790 241.11

21 Syndicate Bank 32657 538.82 27601 469.14

22 UCO Bank 17882 320.70 14919 280.72

23 Union Bank of India 34769 533.98 29229 470.62

24 United Bank of India 1277 29.21 1131 25.15

25 Vijaya Bank 6046 98.18 5056 84.36

26 IDBI 1480 30.95 1396 28.78

Total 1032890 16145.75 864749 13911.58

119

STATE LEVEL BANKERS' COMMITTEE, TAMIL NADU

CONVENOR : INDIAN OVERSEAS BANK

PROGRESS REPORT ON EDUCATIONAL LOAN AS ON 30.06.2013

(Rs in Crore)

Sl.

No Bank

Target for 2013-14 Position as on

30.06.2013

No.of

A/Cs

Amount

O/S

No. of

A/Cs

Amount

O/S

B Private Sector Bank

1 Axis Bank Ltd. 556 7.97 485 7.09

2 Catholic Syrian Bank Ltd. 1342 22.60 1197 19.31

3 City Union Bank Ltd. 9335 137.96 7831 120.19

4 Dhanalakshmi Bank Ltd. 509 7.86 430 6.83

5 Federal Bank Ltd. 1546 22.00 1318 19.49

6 HDFC Bank Ltd. 1244 21.73 1035 16.41

7 ICICI Bank Ltd. 1621 9.73 1657 9.76

8 Indus Ind Bank Ltd. 58 0.65 52 0.59

9 ING Vysya Bank 432 5.75 377 4.82

10 Jammu & Kashmir Bank Ltd. 84 0.86 70 0.75

11 Karnataka Bank Ltd. 1127 26.72 934 21.17

12 Karur Vysya Bank Ltd. 8702 121.46 7400 108.96

13 Kotak Mahindra Bank Ltd. 1 0.22 1 0.18

14 Lakshmi Vilas Bank Ltd. 7631 98.23 6429 83.21

15 South Indian Bank Ltd. 3116 35.39 6237 68.20

16 Tamilnad Mercantile Bank 11430 151.92 9492 131.08

Sub Total (B) 48733 671.05 44945 618.04

C Regional Rural Banks

1 Pandiyan Grama Bank 1692 20.48 1394 16.98

2 Pallavan Grama Bank 773 10.73 636 8.92

Sub Total ( C ) 2465 31.21 2030 25.90

D Cooperative Banks 1472 3.07 1218 2.28

Sub Total (D) 1472 3.07 1218 2.28

GRAND TOTAL(A+B+C+D) 1085560 16851.08 912942 14557.80

120


Review of Performance of Educational Loans for the quarter ended June

2013

A) The details of educational loans granted by member banks are

furnished in the annexure.

As per the reports received, 28788 loans to the tune of Rs.360.04 crores

have been granted during April 2013 to June 2013 of which

Engineering/Medical account for 19676 loans amounting to Rs.213.95 Cr, 787

loans for study Abroad amounting to Rs.72.46 Cr and 8325 loans to Others,

to the tune of Rs.73.62 Cr.

Out of 28788 Educational loans granted to the tune of Rs. 360.04 crores,

SC/ST, Minority Communities & Women accounts for 3827 loans amounting

to Rs.52.96 Cr, 2788 loans amounting to Rs.46.05 Cr and 7590 loans to the

tune of Rs.118.00 Cr respectively.

The following Banks who have not furnished the data on Educational Loans as

of June 2013 are requested to submit the same immediately.

Sl.

No. Name of the Bank Sl.

No.

Name of the Bank

1 SBBJ 2 HDFC Bank Ltd

Government of India, Ministry of Finance has advised an outstanding target

of ` 16851.08 crore as on 31.03.2014 for educational loans in Tamil Nadu.

Bank-wise target for no. of loans and amount outstanding has already been

advised to all member banks.

All the member banks are requested to achieve educational loan target

before March, 2014.

121

B) As per the details received from the Member Banks the status of loan

applications received / sanctioned / rejected / pending are as under. Bank-

wise data is enclosed in the annexure 2.

(Amount in Lacs)

Loan Applications

Received

Education Loans

Sanctioned

Loan

Applications

Rejected

Loan

Applications

Pending

No. Amount No. Amount No. Amount No. Amount

30711 43518.78 28788 36003.76 750 2525.65 1173 4989.37

Member Banks are requested to expedite disposal of the pending loan

applications.

124


SWARNA JAYANTI SHAHARI ROZGAR YOJANA (SJSRY)

SJSRY Programme consists of two special schemes namely (i) Urban Self-

Employment Programme (USEP) and (ii) Urban Women Self-Help Programme

(UWSP).

The progress made under SJSRY for the programme year 2012-13 as on

31.07.2013 is furnished below:

(Amount Rs.in Lacs)

NO. PARTICULARS SJSRY-

USEP

SJSRY-

UWSP TOTAL

1 No. of Applications sent to Banks 13640 2803 16443

2 No. of Applications sanctioned 10534 2292 12826

4 No. of Applications Pending 3106 511 3617

5 Subsidy allotted 1462.72 1206.44 2657.96

6 Subsidy utilized 788.95 736.24 1525.19

7 Subsidy pending 673.77 470.20 1143.97

8 % of subsidy utilization 54 61 57

Subsidy utilization level for the programme year 2012-13 as on 31.07.2013 so

far is 54% & 61% under USEP and UWSP scheme respectively. Member

Banks are advised to speed up the sanction / disposal of the pending loan

applications and ensure 100% utilization of the subsidy allotted under

SJSRY.

125

AGENDA NO:17 135th SLBC

Interest Subsidy for Housing the Urban Poor (ISHUP)

As per the information given by Tamil Nadu Housing Board, the target is 2

lac beneficiaries against which No. of applications received is 72301. Of

these, 55712 applications were sent to Banks and 4623 loans have been

sanctioned. 16890 applications were returned by Banks.

District-wise and Bank-wise details of applications as on 30.06.2013 is

furnished as detailed below:-

Annexure 1 – Progress Report on ISHUP

Annexure 2 – Details of applications sent to Banks

Annexure 3 – Valid applications Received

Annexure 4 – Details of Loan Sanctioned by Banks

130

Agenda No: 18 135th SLBC

Bank Finance under Housing Scheme:

As per the feedback received from member banks, disbursement to the

tune of Rs. 1203.12 crores has been made during the quarter ended June

2013.

The Bank wise disbursement details for the quarter ended June 2013 is

furnished in the Annexure. It may be noted that the following 3 Banks have

not submitted any data as a result of which the aggregate disbursement

might have been understated. These banks are requested to submit the

data immediately.

SBBJ Corporation Bank

Kotak Mahindra Bank

Break-up of the portfolio on the basis of loan size is as follows:-

(Amount Rs.in Lakhs)

Disbursement made during the quarter ended June 2013 (April’13 to June’13)

Limit Upto Rs.5

Lacs

Limit above Rs.5

lacs - upto Rs.10

Lacs

Limit above Rs.10

Lacs - upto Rs.15

Lacs

Limit above

Rs.15 Lacs - upto

Rs.25 Lacs

Total

No. Amount No. Amount No. Amount No. Amount No. Amount

6469 11310.49 4962 28945.06 3481 28291.79 4152 51764.35 19064 120311.69

131

BANK FINANCE UNDER HOUSING SCHEME – DIRECT HOUSING

FINANCE FOR THE QUARTER ENDED JUNE 2013

(Amount Rs in Lacs)

Sl.

No. Name of the Bank

Disbursement made during

the quarter ended

June 2013

( April 2013 to June 2013)

No. Amount

1 Allahabad Bank 70 904.76

2 Andhra Bank 158 1653.61

3 Bank of Baroda 213 1809.04

4 Bank of India 643 5379.01

5 Bank of Maharashtra 10 54.00

6 Canara Bank 2099 13614.79

7 Central Bank of India 308 2417.16

8 Corporation Bank * 0 0.00

9 Dena Bank 35 324.00

10 Indian Bank 3029 22514.08

11 Indian Overseas Bank 887 5983.00

12 Oriental Bank of Commerce 95 1014.85

13 Punjab & Sind Bank 27 235.91

14 Punjab National Bank 110 914.57

15 Syndicate Bank 552 3568.00

16 UCO Bank 143 1644.90

17 Union Bank of India 357 1882.78

18 United Bank of India 58 810.39

19 Vijaya Bank 207 858.83

20 Axis Bank Ltd.*** 0 0.00

21 Catholic Syrian Bank 11 203.05

22 City Union Bank Ltd. 541 1728.16

23 Dhanalakshmi Bank Ltd. 32 353.26

24 Federal Bank Ltd 293 2636.92

25 HDFC Bank Ltd. 356 346.43

132

Sl.

No. Name of the Bank

Disbursement made during

the quarter ended

June 2013

( April 2013 to June 2013)

No. Amount

26 ICICI Bank Ltd. 632 4778.00

27 IDBI Bank Ltd. 293 1456.35

28 Indus Ind Bank Ltd.*** 0 0.00

29 ING Vysya Bank Ltd. 11 6.14

30 Jammu & Kashmir Bank Ltd. 6 41.50

31 Karnataka Bank Ltd., 70 611.85

32 Karur Vysya Bank Ltd. 236 1475.40

33 Kotak Mahindra Ltd * 0 0.00

34 Lakshmi Vilas Bank Ltd. 60 457.64

35 South Indian Bank Ltd. 548 2092.00

36 Tamilnadu Mercantile Bank 421 3759.25

37 Yes Bank*** 0 0.00

38 Pandyan Grama Bank 7 73.50

39 Pallavan Grama Bank 23 136.43

40 State Bank of Bikaner & Jaipur * 0 0.00

41 State Bank of Hyderabad*** 0 0.00

42 State Bank of India 6223 32129.00

43 State Bank of Mysore 63 496.21

44 State Bank of Patiala 44 481.92

45 State Bank of Travancore 193 1465.00

GRAND TOTAL 19064 120311.69

*Data not received for the quarter ended June 2013

*** Banks have reported “Nil” data

133


GOLDEN JUBILEE RURAL HOUSING FINANCE SCHEME (GJRHFS)

As per the feedback received from the member banks, 429 loans amounting

to Rs.2705.80 lacs have been disbursed under Golden Jubilee Rural Housing

Finance Scheme during the quarter ended June 2013 as shown below:

(Amount in Rs. Lacs)

Particulars

Scheduled

Castes

Scheduled

Tribes Others Total

No. Amt. No. Amt. No. Amt. No. Amt.

Total Loans

disbursed during

the Quarter 49 238.65 15 71.95 365 2395.2 429 2705.80

Member Banks are requested to furnish the details of housing loans under

Golden Jubilee Rural Housing Finance Scheme on quarterly basis to SLBC.

134


Revival of the stalled Residential Projects

National Housing Bank advised the Convenors of SLBCs to collect a list of

stalled residential projects financed by banks, which have got stalled for

various reasons, including for want of further lending support from the

banks. SLBC circulated a copy of NHB’s letter to all the member banks vide

letter dated 01.02.2013 and advised all the member banks to submit a list of

such semi-constructed projects with their location details (approvals

received / not received) together with remarks about non completion/semi

completion etc to National Housing Bank with a copy to SLBC.

SLBC had also sent a reminder on 18.04.2013 requesting all the banks to

submit the details by 11.05.2013 to enable us to place an agenda. Member

banks were also reminded several times over phone. A separate agenda point

was also placed in the 134th meeting held on 18.06.2013. Despite the above

attempts, only the following banks have submitted the data to SLBC/NHB.

Indian Overseas Bank Indian Bank

State Bank of India State Bank of Patiala

UCO Bank Vijaya Bank

Bank of India Dena Bank

Andhra Bank Bank of Baroda

Pandyan Grama Bank Karur Vysya Bank

South Indian Bank Federal Bank

Member banks are advised to submit the data immediately to National

Housing Bank with a copy to SLBC. Member banks are also advised to send a

NIL report if they have nothing to report.

135


CREDIT FLOW TO WOMEN

Government of India and Reserve Bank of India have advised banks to

strengthen the credit flow to women and ensure that their share in Bank

Credit is increased to the desired level of 5% or more.

The details of performance of the Banks in Tamil Nadu under credit flow to

women entrepreneurs as of June 2013 are furnished below:

(Amount in Rs. Crores)

PROGRAMME

Disbursement made

during the Quarter

ended June 2013

Outstanding position as

of June 2013

Accounts Amount Accounts Amount

1 SGSY 360 4.33 146993 696.43

2 PMRY */PMEGP 7 0.18 15928 146.60

3 SJSRY 320 2.47 11083 44.24

4 DRI 2517 5.36 25473 39.44

5 MSE 4635 146.17 163786 3351.08

6 OTHERS 224793 2069.58 6790258 33853.23

TOTAL 232632 2228.09 7153521 38131.02

* PMRY was discontinued w.e.f 01.04.2008

At the level of Rs.38131.02 crores, advances to women constitute 7.16% of

total Bank credit as against the national norm of 5%.

136


CREDIT FLOW TO MINORITY COMMUNITIES

As per the feedback received from the member banks, 171303 Loans

amounting to Rs.1861.67 crores were disbursed to Minority Communities

during the quarter ended June 2013 as shown below:-

(Amount in Rs.Crores)

Sl.

No.

Name of the

Community

Disbursement during the quarter ended

JUNE 2013

All Banks Public Sector Banks

Account Amount Account Amount

1 Muslim 83388 948.81 50501 685.41

2 Christian 87394 906.03 49329 526.60

3 Sikh 183 3.94 125 3.43

4 Zorastrian 122 1.03 110 0.87

5 Neo Buddist 216 1.86 108 0.76

Total 171303 1861.67 100173 1217.07

Total outstanding advances to Minority Communities by all banks stood at

Rs.22275.03 crores as of June 2013 is furnished below.

(Amount in Rs. Crores)

Sl.

No.

Name of the

Community

Outstanding Position as of

JUNE 2013

All Banks Public Sector Banks

Account Amount Account Amount

1 Muslim 1054203 10199.40 698984 7773.75

2 Christian 1308395 11947.28 697355 8902.85

3 Sikh 1726 26.37 1479 21.63

4 Zorastrian 6487 76.24 6403 75.03

5 Neo Buddist 2761 25.74 1447 14.44

Total 2373572 22275.03 1405668 16787.70

137

The bank wise outstanding position on specified minority communities as of

June 2013 is enclosed as an annexure (Public Sector Banks).

Ministry of Finance, Govt. of India has advised that the share of credit flow

to minority communities of Public Sector Banks (PSB) should be 15% of the

Priority Sector Advances.

All the Public Sector Banks requested to increase their Minority Sector

Lending outstanding to achieve the target fixed by Ministry of Finance.

138

OUTSTANDING ADVANCES TO SPECIFIED MINORITY

COMMUNITIES BY PUBLIC SECTOR BANKS – JUNE 2013

(Amount Rs.in Crores)

S.

NO NAME OF THE BANK

PRIORITY

SECTOR

ADVANCES

AS ON

30.06.2013

O/s. of

advances to

Minority

Communities

30.06.2013

%

1 STATE BANK OF BIKANER & JAIPUR 149.56 8.87 5.93

2 STATE BANK OF HYDERABAD 438.33 84.85 19.36

3 STATE BANK OF INDIA 32181.81 3700.68 11.50

4 STATE BANK OF MYSORE 780.61 57.59 7.38

5 STATE BANK OF PATIALA 435.98 13.39 3.07

6 STATE BANK OF TRAVANCORE 2880.75 993.19 34.48

7 ALLAHABAD BANK 863.70 36.50 4.23

8 ANDHRA BANK 1278.71 136.12 10.65

9 BANK OF BARODA 4218.93 199.05 4.72

10 BANK OF INDIA 4696.31 436.34 9.29

11 BANK OF MAHARASHTRA 712.66 36.14 5.07

12 CANARA BANK 21954.35 1385.15 6.31

13 CENTRAL BANK OF INDIA 5457.26 1089.72 19.97

14 CORPORATION BANK 6628.08 252.98 3.82

15 DENA BANK 639.55 68.44 10.70

16 IDBI BANK LTD. 3147.93 128.11 4.07

17 INDIAN BANK 22937.86 2632.32 11.48

18 INDIAN OVERSEAS BANK 26334.99 3760.28 14.28

19 ORIENTAL BANK OF COMMERCE 1255.37 88.74 7.07

20 PUNJAB & SIND BANK 2577.20 186.17 7.22

21 PUNJAB NATIONAL BANK 465.52 2.46 0.53

22 SYNDICATE BANK 4802.38 564.61 11.76

23 UCO BANK 2792.52 374.85 13.42

24 UNION BANK OF INDIA 4977.01 356.49 7.16

25 UNITED BANK OF INDIA 395.23 0.51 0.13

26 VIJAYA BANK 1853.90 194.15 10.47

TOTAL PUBLIC SECTOR BANKS 154856.49 16787.70 10.84

139


KISAN CREDIT CARD SCHEME (KCC)

Kisan Credit Card Scheme introduced in August 1998 has since stabilized

with major share of crop loans being routed through this scheme. Reserve

Bank of India has advised that investment credit requirements of farmers

viz. allied and nonfarm activities may also be covered under the Scheme. All

KCC Holders have to be covered under Personal Accident Insurance Scheme

(PAIS).

Reserve Bank of India has issued guidelines on the revised Kisan Credit Card

Scheme to all the Banks vide their letter dated 11.05.2012. Progress in

issuance of ATM enabled revised Kisan Credit Card is very slow. Henceforth,

all member banks are requested to issue ATM enabled Kisan Credit Card and

furnish the progress report on monthly basis to SLBC in the following

format.

Name of the Bank :

Month :

Total No.of

KCC issued

during the

Month

Of which

Number of ATM

enabled KCCs

issued during

the month

Amount of

Loan Disbursed

during the

month

(Rs in Lacs)

Cumulative No.

ATM enabled

KCCs issued

Cumulative

Amount of loan

Disbursed

(Rs in Lacs)

As per the progress report submitted by Member Banks, during the period

from April 2013 to June 2013, Banks in Tamil Nadu have issued 610492 Kisan

Credit Cards to the tune of Rs.4632.55 crores. The details are furnished in

the annexure.

140

CROP INSURANCE

State Level Co-ordination Committee on Crop Insurance Scheme

(SLCCCI) has permitted to implement the National Agricultural Insurance

Scheme in all the districts and as pilot scheme the Modifies National

Agricultural Insurance Scheme in three districts (Cuddalore, Sivaganga &

Namakkal) during 2013-14 form 1st April 2013 onwards.

SLCCCI also decided to continue to implement the Coconut Palm Insurance

Scheme during 2013-14 in all the districts as per the Administrative

approval of GOI.

All the member banks are advised to ensure 100% coverage of crop loans

sanctioned to notified crops in notified areas under crop insurance scheme.

Further, we also request AIC to provide data relating to coverage of crop

loans under crop insurance to SLBC to review the progress.

142


SELF HELP GROUPS (SHGs) /NRLM:

As per the data provided by TNCDW, credit disbursement to SHGs by banks

amounts to Rs.201.17 Crores as on 30.06.2013 against the yearly (2013-14)

target of Rs 6000.00 crores.

The District wise performance to Self Help Groups under Mathi (through

Tamil Nadu Women Development Corporation Ltd.), Pudhu Vazhvu Project

(PVP) and Non-Mathi (direct lending) as on 30.06.2013 is furnished in

Annexure 1 (data provided by TNCDW).

The member banks are requested to speed up the sanction /dispose all

pending applications immediately.

144


Progress Report on Economic Development Schemes implemented by

TAHDCO

The details of performance under various economic development schemes

implemented by TAHDCO during the financial year 2013-14 as of June 2013

are furnished in the annexure.

So far banks have sanctioned 3214 loans against the yearly target of 19420

under the economic development scheme.

Government of Tamil Nadu have issued GO. No 45 dated 09.07.2013 on

action plan and comprehensive guidelines for implementation of various

TAHDCO schemes under Special Central Financial Assistance for 2013-14. A

copy of the GO is enclosed as annexure

The Member Banks are requested to actively involve themselves in the

implementation of these schemes and dispose all the pending applications

immediately.

173


REVIEW OF NPA ACCOUNTS IN PRIORITY SECTOR LENDING –

MARCH 2013

The position of NPA under categories of Priority Sector Advances as of

March 2013 is furnished below.

NPA POSITION AS ON MARCH 2013

S No. Particulars (Rs in Crore) % of NPA

1 NPA in Housing loans 639.60 2.58

2 NPA in Education loans 1282.07 9.13

3 NPA in Agriculture Loans 3312.81 3.37

4 NPA in Loans to MSE 3203.09 4.77

5 NPA in Micro Credit 364.26 8.90

6 NPA in over all Priority Sector

Lending 8801.83 4.23

7 NPA in Loans under Weaker Section

of Priority Sector Lending 1066.62 1.92

It is observed that NPA position under educational loan has increased over

December 2012. DCCs are also requested to review NPA position every

quarter and arrange recovery drives with the help of District Administration

for Government sponsored schemes.

The State Government is requested to consider invocation of Revenue

Recovery Act to improve recovery, as done in the neighbouring State of

Kerala.

175


1. Success story of HDFC Bank

1) Kalavathi, one of the members of Guru Thatchanamoorthy Mahalir Suya

Uthavi Kuzhu, Thiruvarur, Tamil Nadu is an expert in stitching various kinds

of garments. With the Viable Finance she purchased a sewing machine. Bank

also facilitated to get work orders for stitching school uniforms from Social

Welfare Department. Post this linkage, she now earns a monthly income of

Rs.8000/-.

2) 14 clients from 8 SHG’s in Kovilpatti, Tamil Nadu underwent a handicraft

training (making artificial jewellery, soft toys etc.) conducted by Khadi

Bhavan. Post completion of the training, clients were provided with

membership card and they were also certified as trainers for future training

programs. In addition to this, Khadi Bhavan will also purchase the goods

produced by them.

3) Aprose Begum from Trichy, Tamil Nadu runs a soup shop. She availed the

Viable Finance from our bank to purchase a mobile cart with the help of

which she and her son is able to cover more areas to sell soups. Post credit

utilization, her monthly income has increased by 20%. Aprose said: “In HDFC

Bank, loan processing is very quick with least documentation. I not only got

loan, but also a savings account along with an ATM card with the help of

which I can withdraw money anytime. This is the first time that I am using

ATM card and I feel very proud about owning it. Thanks to HDFC Bank for

making me feel independent”.

4) Two groups namely Sri Kaleeshwariamman and Sri Amman Self Help

groups from Kumbakonam, Tamil Nadu underwent a veterinary training for

their milch animals. During the training, doctors emphasized on the

importance of proper animal care and also on the importance of insuring

their milch animals which will help them during cattle theft or death. Post

training, bank facilitated to get cattle insurance for 20 members from a

government insurance company. Rasathi, one of the group members said: "During the training, bank not only emphasized on the importance of cattle

insurance but also provided us with the same on the spot. We are happy that

our cattle, which are our only source of income, are insured. Thanks to HDFC

Bank".

176

5) Suguna, our SLI (Sustainable Livelihood Initiative) client from

Dharmapuri, Tamil Nadu runs a small idly shop. The timely credit support

from the bank helped her to purchase sufficient stock of food materials

which helped her to expand her business and earn extra income.

6) Ezhilarasi from Thiruvarur, Tamil Nadu runs a fruit shop. Due to low

working capital, Ezhilarasi used to earn minimal income. SLI credit support

helped her to purchase increased varieties of fruits thereby in-creasing her

customer base and income.

7) Around 6 groups with a total number of 95 members are engaged in dairy

activity in Tiruvannamalai, Tamil Nadu. These members practised only

traditional methods of dairy activities. With our training intervention,

clients were trained on modern dairy practices including the type of fodder,

disease prevention methods and techniques for increasing the production of

milk were taught to the clients. Post our training, the groups started

implementing the modern methodologies which is not only providing them

with better income but also educated and empowered them economically.

Training on protection of indigenous cattle breeds: Training on protection

of traditional cattle breeds was organized by HDFC Bank in association with

a private animal care trust in Erode, Tamil Nadu which was attended by our

SLI clients. During the training, clients were oriented on the importance of

rearing indigenous cattle breeds rather than foreign one, type of fodder

which would increase quality of milk etc were discussed during the training.

Training on designing saree: Around 194 clients were trained on designing

saree with stone work from Namakkal, Tamil Nadu. Post training, some

clients showed interest in taking up this activity as designer sarees are in

good demand.

177

2. SUCCESS STORY FROM PANDYAN GRAMA BANK

SOLAR LIGHTING IN DHANUSHKODI

Solar Lights financed by Pandyan Grama Bank have brightened the prospects

of the fisherfolk of Dhanushkodi.

Without electricity facility, the fishermen colonies of Dhanushkodi were in

the dark during night times since the Tsunami of 1964. With a tough sea

life, their life during night times was still tougher amid the roaring sea and

the surrounding darkness. When our bank came to understand their problems

without electricity, took all the initiatives to bring light to their colonies. As

a first step, 9 families have been assisted with solar electricity panel with a

power to electrify two lights, one night lamp and one mobile charger in

coordination with Sellco Solar Pvt. Ltd. for installation. Each panel costs Rs.

12850 / Rs.16100, breakup details are furnished below.

For 3 members

7 Watts panel

For 6 members

15 Watts panel

Bank Loan Rs. 10280 Rs. 12880

With NABARD’s backend subsidy Rs. 1944 Rs. 4570

Members contribution Rs. 2570 Rs. 3220

Total Rs. 12850 Rs. 16100

The fishermen are now happy that they can mend their fishing nets and

undertake all the preparative works during night times in the light of Solar

Lamps and can utilize their day time fully for fishing in the sea. Their

income has increased as their fish catch has increased due to increased

fishing time. They can save the high expenditure on kerosene for the

kerosene lamps hitherto used in nights.

Mr.Mari, a member of Santhanamariamman Men SHG and one of the 9

beneficiaries says that the amount thus saved has been repaid in the loan

accounts. He says that their 48 years’ struggle has come to an end with

the rescue from PGB. They are also satisfied that they need not suffer in

darkness as before.

Bank’s assistance for Solar Lighting started with illuminating the

Kanikudiyiruppu, the tribal hamlet of Western Ghats and is still continuing

with assisting 203 units so far. Be it in the hills or in the plains or in the

coasts, Pandyan Grama Bank is always with the needy people to bring

lights in their lives.

state level bankers's committee, tamil nadu - SLBC, Tamilnadu

Documents

Transcript of state level bankers's committee, tamil nadu - SLBC, Tamilnadu