Agenda - Indian Bank

State Level Bankers’ Committee, Puducherry
Convenor: Indian Bank
Banking Development in U.T. of Puducherry
(As of Dec 2013)
(Rs. in Crores)
S.
Details/Sector
No
1
2
March
March
March
March
Dec
2010
2011
2012
2013
2013
Total No of Branches
162
178
187
205
209
Of which – Rural
64
73
76
78
78
- Semi-urban
33
34
35
45
47
- Urban
65
71
76
82
84
Total Deposits
6439.32
7176.83
8169.49
8712.46
9288.33
Of which NRI Deposits
557.57
611.98
696.48
784.89
902.69
(8.66%)
(8.53%)
(8.53%)
(9.01%)
(9.72%)
4739.95
6044.36
6749.15
7172.71
3
Total Advances
4
CD Ratio
63%
66%
74%
77%
77%
5
Investments
159.39
139.18
178.06
215.40
222.94
6
Cr. + Inv./Deposit Ratio
65%
68%
76%
80%
80%
7
Total Priority Sector
2417.35
2840.64
3603.59
4083.32
4456.44
60 %
60%
60%
61%
62%
830.98
1094.34
1335.58
1542.79
20.27%
20.63%
23.09%
22.10%
22.86%
454.94
589.68
753.38
856.72
962.70
11.30%
12.44%
12.46%
12.69%
13.42%
Advances
8
% of PSA to Total
Advances
9
Total Advances to
Agriculture
10
% of Agri. To Total
Advances
11
656.36
Advances to Weaker
Section
12
4027.64
% of W.S. to Total
Advances
13
Advances to SC/ST
138.92
178.03
259.50
324.54
370.80
14
Advances to DRI
2.00
2.57
3.66
4.01
4.93
15
Advances to Minorities
189.34
268.26
378.19
469.16
557.17
II Disbursement made under Annual Credit Plan
in UT of Puducherry
(At a glance)
(Rs. In Crores)
Year
2009-10
2010-11
2011-12
2012-13
Particulars
(upto Dec
Non farm
Sector
Services
Total
Target
300.33
166.94
297.93
765.19
Achievement
347.77
170.17
320.79
838.73
Achievement
116%
102%
108%
110%
Target
301.31
186.89
316.47
804.68
Achievement
357.94
193.40
324.03
875.37
Achievement
119%
103%
102%
109%
Target*
612.01
220.86
380.00
1212.86
Achievement
579.74
232.12
404.92
1216.78
Achievement
94.73%
105.10%
Target*
646.00
251.41
525.00
1422.41
Achievement
655.87
252.53
525.65
1434.05
101.53%
100.45%
Target*
559.20
199.99
474.82
1234.01
Achievement
573.06
200.79
467.10
1240.95
102.48%
100.40%
Achievement
2013-14
Agriculture
106.56% 100.32%
100.12% 100.82%
2013)
Achievement
(*Revised Target under Agriculture)
98.37% 100.56%
AGENDA: 1
Confirmation of minutes of the SLBC Meeting held on 28.11.2013
The minutes of the SLBC meeting held on 28.11.2013 was communicated to all the members vide
Lead Bank letter reference ZOPDY:SLBC: L 04 : 2013-14 : 3012:21 Dated: 30.12.2013. A copy of
the minutes is enclosed as Annexure.
The minutes of the meeting may please be confirmed.
AGENDA: 2.
Review of follow up action taken on the decisions on the earlier meeting
2.1. Implementation of Direct Benefit Transfer in Puducherry
Direct Benefit Transfer for beneficiaries of 26 identified schemes of Central Government is being
implemented in Puducherry from 01.01.2013.
8716 beneficiaries have been identified in 13
schemes. Opening of accounts, Aadhaar enrolment, Seeding of Aadhaar number to bank account
is being done on priority basis. Based on guidelines of the schemes payment is being initiated by
the concerned department. As on 28.02.2014, 6075 beneficiaries have been paid an amount of
Rs.10,11,51,784/- through DBT.
The implementation of DBT was also started in Yanam region from 01.07.2013. For identified
beneficiaries of previous programme year payment was made to 332 beneficiaries.
The other regions of Mahe and Karaikal would be covered under Direct Benefit Transfer based on
Aadhaar enrolment the respective regions.
All the scheme implementing departments are in the process of identification of beneficiaries for
the current programme year.
The concerned departments are requested to send the list of
beneficiaries to Lead Bank at the earliest to facilitate opening of accounts, if required, and seeding
of Aadhaar numbers.
Direct benefit transfer for LPG consumers roll-out was also started in Puducherry from 01.06.2013
and after grace period of Aadhaar seeding the implementation started from 01.09.2013. The initial
roll-out has started Mahe and Yanam from 01.10.2013, 01.11.2013 and 01.12.2013 respectively.
Banks have provided various facilities to ensure maximum seeding Aadhaar Number in Bank
accounts. The data as on 28.02.2014 is as follows:
S.No. Region
1
Puducherry
2
Mahe
3
4
LPG
Consumers
Aadhaar
number
provided
OMC
Aadhaar
No. of Subsidy
number
Transfers
to mapped to
bank
accounts
Amount of
Subsidy
Transferred
(Rs.
in
Crores)
245644
222677
212434
934890
51.98
9743
7327
6529
14928
0.87
Yanam
18852
9878
8183
16760
0.95
Karaikal
40421
11286
8972
12299
0.66
In the recent meeting convened by Government of India on Direct Benefit Transfer, it was
requested to review the coverage of SSA, ATM Installation, Branch Opening and Branch
expansion plan 2014-15 in SLBC meeting along with DBT & DBTL. All the banks are requested to
provide information regarding the same to Lead Bank by 20.03.2014.
2.2 Allotment of Land for Indian Bank Self Employment Training Institute (INDSETI).
Government of Puducherry, Department of Revenue and Disaster Management has identified a
suitable land for Indian bank Self Employment Institute to build necessary infrastructure for Indian
Bank Self Employment Training Institute (INDSETI). The department is taking steps for allotment
of the same. All the concerned departments are requested to inform the forum of the latest
development.
2.3. Proposed Waiver of Loans under Rajiv Gandhi Tsunami Rehabilitation package
The proposed waiver of loans given to fishermen affected by Tsunami under Rajiv Gandhi
Rehabilitation package by Government of Puducherry, Department of Fisheries and Fishermen
Welfare is a long pending issue which is being discussed in the SLBC meetings. The particulars
called for were submitted by the banks to the Government during July 2010, additional particulars
were also provided during May 2012. The updated loan balance particulars of some accounts
received from the concerned banks were also provided during November 2013. Now department
has requested some clarification regarding the following:
a) Pattern of assistance in detail for each and every borrower
b) Details and particulars of year in which the loan was granted with authenticated records by the
competent authority.
c) Whether banks are in possession of statements, citing reasons for non-payment of loans from
their beneficiaries and whether banks are agreeable with such reasons.
It has been informed to the department that since the applications was forwarded by the
department only after scrutinizing the eligibility of the applicant with the recommendation of
quantum of loan.
Hence, banks have followed the pattern of assistance prescribed in each
application. The month and year of sanction and account balance details were furnished. With
regard to statements, citing reason for non-payment of loans it has been informed that in normal
practice bank would not be taking letters from borrowers asking reasons for non payment. Since,
subsequent to waiver of Tsunami loans by neighbouring Tamil Nadu State and announcement
made by Government of Puducherry to consider similar waiver in Puducherry also and based on
the request by the Department for taking such letter from the borrowers some borrowers were
contacted by the banks and every one has replied that they have stated that, since their
counterparts in Tamil Nadu have been provided with waiver of loans availed under the package they
would also be provided with waiver.
We have sought clarification from the department regarding what type of documents they require to
substantiate the above queries so that the same can be informed to the concerned banks for doing the
needful. The forum requests the department to kindly put-up the proposal again at the earliest.
2.4. Issues in various stages of consideration with Department of Revenue and Disaster
Management.
a. Financing of Licensed Cultivators (Tenant farmers)-Loan Eligibility Cards (LECs)
proposed to implement by Govt. of Andhra Pradesh.
b. Implementation of online verification of land ownership details of farmers in UT of
Puducherry similar to "Bhoomi" Scheme implemented in Karnataka
c. Amendment to Revenue Recovery Act 1970 to include loans given by banks to
beneficiaries under Government Sponsored Schemes to improve the rate of recovery
under these schemes.
d. Inclusion of Private Sector Banks and RRBs in Notification of Government on EM
registration.
The above issues are pending for a long time and lead bank has been constantly following up with
the concerned department. The department is being repeatedly impressed upon the benefits for
all concerned. We have been informed that the issues are under active consideration at various
levels. In the recent meeting with the concerned officials, we have again requested to pursue the
matter with concerned authorities so as to have an early solution for the issues. We have also
requested to periodically inform Lead Bank of the position.
AGENDA: 3 – New Issues
3.1 Year 2013-14-Interest Subvention Scheme for the SHGs
As from the programme year 2013-14, NRLM is replacing the SGSY Scheme. A meeting of major
banks and DRDA, implementing agency for NRLM was held recently to discuss the details
regarding the scheme. The salient features of the operational guidelines of the Interest Subvention
Scheme for the SHGs for the year 2013-14 is placed for information of the members.
The notification issued by Government of Puducherry regarding implementation of refund of
interest scheme for SHG on pilot basis in Yanam region similar to the scheme operating in Andhra
Pradesh is also placed for information of the forum.
3.2 Rajiv Rinn Yojana (RRY)
We have been informed by Government of India Ministry of Housing and Urban poverty alleviation
that Interest subsidy scheme for housing the urban poor (ISHUP) has been modified and a new
scheme named RRY is being implemented from 01.10.2013 as a target driven scheme. The
Guidelines of the scheme are placed for information of the members. Members are requested to
finance eligible projects under the scheme so as to achieve the targets.
3.2 Maintenance of accounts by the co-operative societies with commercial banks.
In the SLBC meeting held on 11.06.2013 the maintenance of account by Co-operative Societies
with commercial banks and the procedure to be followed in this regard was discussed. A list
containing names of some co-operative societies is placed for information and doing the needful.
3.2 Implementation of Revised Scheme for rehabilitation of Manual Scavengers (SRMS).
We have been informed by Indian Banks' Association that Government of India Ministry of Social
Justice and empowerment has communicated the revised the central sector "Self employment
Scheme for Rehabilitation of Manual Scavengers" As manual scavenging is not prevalent in UTP
the old scheme is also not in implementation in UTP. The communication of IBA with enclosures
is placed for information of the members.
Name of Co-operative Societies
1. The Pondicherry Co-op Sugar Mills Ltd.,
2. The Pondicherry Co-op Spinning Mills ltd
3. The Pondicherry State Weavers Co-op Society ltd., (PONTEX)
4. The Pondicherry Co-op Handloom Export Development Project Ltd (PONFAB)
5. The Pondicherry State Co-op consumer Federation
6. Karaikal Marketing Society
7. Indian Coffee Workers Co-op Society
8. Ariyur PACS
9. T R Pattinam PACB
10. The Pondicherry Co-op Milk Producers Union Ltd (PONLAIT)
11. Pondicherry Judicial Staff Co-op Credit Society
12. Arignar Anna TR Pattinam PACB
13. Koodapakkam PACB
14. Kalapet PACB
15. Kirumambakkam PACB
16. The OCP Staff Co-op Society
17. Reddiarpalayam PACB
18. Lawspet WCS
19. Public servants Co-op Cr Society
20. Pdy co-op Housing Society
21. Karaikal Cent. Marketing Society
22. Karaikoilpathu PACB
23. Ariyankuppam PACB
24. Pondicherry Co-op Sugar Mills
25. Katterikuppam PACB
26. Suthukeny PACB
27. Santhaipudukuppam PACCB
28. Thiruvandarkoil PACS
29. PWD Staff Co-op Society
30. Pdy Co-op Land Dev Bank
31. Indian Cofee Worker Co-op Society
32. PONTEX
33. CONFED
34. PONLAIT
35. PONFAB
AGENDA: 4
Review of performance of Banks in U.T. of Puducherry:
Position as at the end of December 2013
Branch Net Work:
As at the end of December 2013, there are 41 banking institutions with a total network of 209
branches operating in the Union Territory of Puducherry. The commercial banks with 151
branches, Puducherry State Co-operative Bank with 27 branches, and Puducherry Co-operative
Central Land Development Bank with one Branch and a Regional Rural Bank of U.T. of
Puducherry named Puduvai Bharathiar Grama Bank with 30 branches are taking care of the
banking services of the people in the UT of Puducherry.
The Agency wise break up is as under:
No
Particulars
Commercial Banks
01
No. of
Of which
Branches in
branches
Rural
Karaikal
branches
Region
151
39
34
121
38
24
30
1
8
27
16
3
1
-
-
30
23
7
209
78
44
Of which
a. Nationalized Banks
b. Private Sector Banks
02
Puducherry State Co-op. Bank
03
P.C.C.L.D. Bank
04
Regional Rural Bank
TOT AL
Besides this, PIPDIC (A Government of Puducherry Undertaking) & SIDBI are also extending loan
assistance in this Union Territory. Of the 209 branches, as many as 131 branches constituting
63% are in urban/semi-urban areas. Out of 209 branches 44 branches are in Karaikal Region. As
per the census data of 2011 the population of Union Territory of Puducherry is 12.44 lakhs. The
population covered per branch is placed at 5952. In Karaikal the population per branch is placed
4552. Banks are requested to inform the details of opening of new branches or any change in
details of the present branches to as to update the details in GIS data portal of Government of
India, Ministry of finance.
The comparative details of the agency-wise performance under various important parameters are
furnished in the annexure.
Business Position as on 31.12.2013
(Rs. in Crores)
Sl. No
Details/Sector
March 2013
Dec 2013
Variation % of
growth over March
2013
1
Total Deposits
Of which NRI Deposits
2
Total Advances
3
CD Ratio
4
Investments
5
Credit + Inv / Deposit Ratio
6
Total Priority Sector
Advances
7
% of Priority Sector Adv. to
Total Advances
8
Total Advances to
Agriculture
9
% of Agri. advances to
Total Advances
10
Advances to Weaker
Section
11
% of Weaker Section to
Total Advances
575.87
8712.46
9288.33
784.89
902.69
6749.15
7172.71
77%
77%
0
215.40
222.94
7.54
80%
80%
0
4083.32
4456.44
61%
62%
1335.58
1542.79
22.10%
22.86%
0.76%
856.72
962.70
105.98
12.69%
13.42%
0.73%
6.61%
117.80
15.01%
42356
6.28%
373.12
9.14%
1
207.21
15.51%
12
Advances to SC/ST
324.54
370.80
46.56
13
Advances to Minorities
469.16
557.17
88.01
14
Advances to DRI
4.01
4.93
0.92
Agency-wise Deposit Position:
Age ncyw is e Depos it Pos ition
PSB
72.66%
RRB
2.55%
PSB
Pvt.Bks
Co-ops
6.60%
Deposits
Agency
Pvt.Bk s
18.19%
Co-ops
RRB
(Rs. in Crores)
March 2013
Dec 2013
Variation & % of growth
over March 2013
Public Sector Banks
6390.77
6749.41
358.64
5.61%
Private Sector Banks
1543.96
1689.26
145.30
9.41%
Co-operative Banks
564.60
612.75
48.15
8.52%
Regional Rural Bank
213.13
236.91
23.78
11.16%
TOTAL
8712.46
9288.33
575.87
6.61%
Analysis:
 The deposits mobilized by the banking system in the UT of Puducherry rose
by 575.87 crores above March 2013 registering an increase of 6.61%.
 The Public Sector Banks continued to have a predominant share with their deposits
constituting as high as 72.66% of the total deposits followed by Private Sector Banks at
18.19%, Co-operative Banks at 6.60% and RRB at 2.55%
 In absolute terms, Public Sector Banks have shown an increase in the growth of
Deposits by Rs.358.64 crores (5.61%). The deposits of Private Sector Banks increased
by Rs.145.30 crores (9.41%). RRB has mobilized deposit of Rs.236.91 crores.
Agency-wise Advance Position
Agencywise Advance Position
PSBks
68.42%
Others Co-ops
1.87% 5.77%
PvtSBks
20.22%
PSBks
PvtSBks
Co-ops
RRB
OTHERS
RRB
3.72%
Advances
(Rs. in crores)
Agency
March 2013
Dec 2013
Variation & % of
growth over March 2013
Public Sector Banks
4522.55
4907.77
385.22
8.52%
Private Sector Banks
1445.13
1450.04
4.91
Co-operative Banks
423.73
414.28
-9.45
-0.02%
Regional Rural Bank
237.76
266.69
28.93
12.17%
Others
119.98
133.93
13.95
11.62%
TOTAL
6749.15
7172.71
423.56
6.28%
Analysis:
 Gross credit increased by Rs.423.56 crores showing a growth rate of 6.28%.
 Public Sector Banks have shown increase of Rs.385.22 crores, recording a growth rate of
8.52% over the March 2013 position.
 Regional Rural Bank has shown an increase of Rs.28.93 crores.

Co-operatives banks have lent to the tune of 414.28 Crores.
CD Ratio:
80%
75%
70%
65%
60%
55%
50%
Series1
Mar- Mar- Mar- Mar- Mar- Mar- Mar- Dec07
08
09
10
11
12
13
13
Compared to the growth rate of 6.61% shown by deposits, the advances have registered a growth
of 6.28 % during the period under review. Hence the CD ratio was at 77% as of Dec 2013.
 NRI deposits amounting to Rs.902.69 Crores accounts for 9.72% of the total deposits
invested in bank branches in UT. Excluding the NRI deposits, the CD ratio works out to
86%.
 The CD ratio for Karaikal Region works out to 107 %
 Out of the 23 Public sector banks present in the UT, 16 Banks are having CD Ratio of 60%
or more and the remaining 7 Public Sector Banks have a CD Ratio of less than 60%.
 Of the 13 Private Sector Banks in the UT, 11 Banks are having CD Ratio of 60% and
above while the remaining 2 have a CD Ratio of less than 60%.
 RRB, PSCB and PCCLDB have a CD Ratio of above 60%.
Credit to Deposit and Investment Ratio
It is reported that RRB, PSCB & PCCLDB have made an investment to the tune of
Rs. 224.94 Crores in Government Securities and as a result the Credit plus Investment to Deposit
ratio is at 80% as on December 2013.
Performance under other key functional areas:
R B I Norms
Area
Actual as on
Actual as on
March 2013
Dec 2013
Priority Sector
40%
61%
62%
Agricultural Advances
18%
22.10%
22.86%
Weaker Section Advances
10%
12.69%
13.42%
1%
0.06%
0.07%
DRI Advances
Analysis:
Priority Sector:
The share of Priority Sector Credit to Total Advances increased to 62% for the period under
review. In absolute terms, there is an increase of Rs.373.12 Crores over March 2013. The rate of
growth during the period stood at 9.14 %, which is against the growth rate of over all credit at
6.28% for this period. As per the norms of RBI, banks are required to maintain 40% under Priority
Sector advances.
Agriculture:
Under Agriculture loans, there is an increase of Rs.207.21 crores during the period under review.
The ratio of agriculture advances to the total advances is at 22.86 % as of December 2013, as per
the revised guidelines the calculation of ratio based on the previous year's outstanding advances.
Weaker Section:
Advances to Weaker Sections under Priority Sector Advances have increased by Rs.105.98
Crores during the period under review. The ratio of weaker section advances to total advances as
of December 2013 is at 13.42%
DRI Scheme:
The outstanding advance under DRI has increased from Rs. 4.01 crore as of March 2013 to
Rs.4.93 crores as of December 2013
AGENDA: 5
Review of Performance under Annual Credit Plan 2013-14
(Position as on 31.12.2013)
(Rupees in Crores)
559.2
573.06
600
474.82
467.1
500
400
300
199.99
200.79
Tar
Ach
200
100
0
AGRI
NFS
OPS
The Sector wise target vis-à-vis achievement (Disbursement) as on 31.12.2013 is given below:
(Rs. in Crores)
Target
Sector
Achievement
As on Dec 2013
% of
Achievement
Agriculture
559.20
573.06
102.48%
NFS
199.99
200.79
100.40%
OPS
474.82
467.10
98.37%
1234.01
1240.95
100.56%
TOTAL
The aggregate Credit disbursement from April 2013 to December 2013 of 2013-14 amounts to
Rs.1240.95 Crores against the target of Rs. 1234.01 Crores, registering 100.56% achievement..
The Banks in UT of Puducherry continue to give thrust to Agriculture. As against the revised
target of Rs.559.20 Crores, the credit flow to the sector was Rs. 573.06 crores achieving 102.48%
of the target. Major share of credit is absorbed for short term credit requirement. Agriculture sector
absorbed 46% of the total credit and is followed by Other Priority Sector at 38% under which
banks have disbursed loans amounting to Rs.467.10 crores against a target of Rs.474.82 crores
achieving a level of 98.37%. Tourism related activities, Hotel industry, IT and IT enabled services,
and food processing units are the major beneficiaries of this credit flow. While absorbing 16% of
the share the Non-farm sector achievement was100.40% of the target.
Agency-wise target vis-à-vis achievement under ACP 2013-14
(Position as on Dec 2013).
(Rupees in Crores)
863.43
846.86
148.19
PsBks
147.82
48.73
PvtBks
177.01
Tar
183.53
13.22
14.73
31.44
Co-ops
RRB
Ach
OTH
Under ACP the performance of Public Sector Banks is 101.96%, Private Sector Banks is 99.75%,
Regional Rural Bank is at 103.68% and Co-operative banks achieved 64.52% of the target.
(Rs. in Crores)
Agency
Target
Achievement
% of
Achievement
As of December 2013
Public Sector Banks
846.86
863.43
101.96%
Private Sector Banks
148.19
147.82
99.75%
Co-op Sector Banks
48.73
31.44
64.52%
177.01
183.53
103.68%
13.22
14.73
111.42%
1234.01
1240.95
100.56%
RRB
Others (PIPDIC/SIDBI)
TOTAL
AGENDA: 6
FINANCIAL INCLUSION
National Pilot Project for Financial Inclusion was implemented in Union Territory of Puducherry in
the year 2006. The bank branches surveyed the allotted villages and wards and opened accounts
to all its eligible and willing households. Banks are opening SB accounts without insisting on
minimum balance to the household/population on ongoing basis. The same guidelines are being
following for opening of SB accounts to beneficiaries of various schemes. The bankers are also
assisting the needy population by way of overdraft and General credit card.
As on December
2013, a total number of 416195 accounts have been opened. All the Banks have also extended
credit facilities to the tune of Rs. 540.89 lakhs to 34618 beneficiaries under OD/GCC scheme and
Rs. 948.74 lakhs to 4399 beneficiaries under other facilities. Banks are requested to provide more
credit facilities to the account holders
In Union Territory of Puducherry 67 unbanked villages with population above and below 2000 were
identified and allotted to various banks.
All these villages have been covered with banking
services through Branches/Ultra Small Branches/Business Correspondent Agents (BCA) etc. The
concerned branches are to ensure that all the households of the village are provided with banking
services including credit facility and other micro insurance/pension products as a part of Annual
Financial Inclusion Plan. Smart cards are provided to account holder to facilitate operation in the
accounts through Hand held machines operated by BCAs.
SLBC has also organised a one day capacity building workshop for BCAs of all the banks in Union
Territory of Puducherry to sensitize them of their roles and responsibilities and provide information
regarding services that can be provided in the BCA villages.
Reserve Bank of India has informed that all the Rural branches should play their due role in
providing financial literacy to people by conducting campaigns in service area villages at least
once in a month. Posters prepared by Reserve Bank of India have also been supplied to rural
branches. They are requested to conduct campaigns in the service area villages every month.
A total of 97 programmes were conducted by INDSETI upto December 2013 since inception in
which 2457 candidates were trained in various skills to start self employment ventures and build
their financial capabilities.
Since inception upto December 2013, 7167 clients have indoor counselling services provided
through FLCC on various aspects of finance related matters and services provided by banks to
increase their financial capabilities.
AGENDA: 7
Flow of credit to Agriculture
The progress made in UT of Puducherry with respect to the Flow of Credit to Agriculture is
given below:
(FOR THE PERIOD 01.04.2013 TO 31.12.2013)
(Rs. in crores)
Particulars
No
Amount
Total Revised Target for Agriculture 2013-14
81162
770.04
Revised Target for Short Term Loan for crop production purpose
71718
506.34
9444
263.70
67888
540.66
2061
32.40
69949
573.06
4496
46.44
0
0
3532
15.40
294
5.21
Revised Target for Medium/Long Term loan
Loans disbursed
Short Term Loan for crop production purpose
Medium/Long Term loan
TOTAL
No of new farmers financed
No of Agri. clinics financed
Tenant farmers and oral lessees financed
Debt Swap Scheme
During the period under review banks in UT of Puducherry provided short term loans to 67888
farmers to the tune of Rs.540.66 crores and the total credit deployment by banks in the UT of
Puducherry in the agriculture sector is Rs.573.06 crores as against the revised annual target of
Rs.770.04 crores.
Banks are requested to disburse more for investment credit projects under agriculture and
allied sector to achieve the targets for MTL and finance more Agri. Clinics. They are also
requested to lend more to tenant farmers and oral lessees and also under Debt swap
scheme.
All the crop loans given to notified crops in the notified area are to be invariably covered
under NAIS.
Bank wise performance under the Flow of credit to Agriculture is furnished in the annexure.
AGENDA: 8
Review of Recovery Performance under Government Sponsored Schemes:
8.1. Recovery performance under PMRY:
The rate of recovery under PMRY during the period under review was 27%. The Bank-wise
recovery details are furnished in annexure.
8.2. Review of recovery performance under SJSRY:
As of December 2013 the recovery performance under group loans (SJSRY-UWSP) is at 68% and
the rate of recovery under SJSRY (USEP) individual loan is at 43%. The Bank-wise recovery
details are furnished in annexure.
8.3. Review of recovery performance under SGSY
The recovery performance under SGSY stands at 80% as on Dec 2013. The Bank-wise recovery
details are furnished in annexure.
Banks and the Line Departments are to put in more efforts to improve the recovery. Joint
Recovery camps may be organized to improve recovery in individual schemes and also
stop the decline in rate of recovery under group schemes. The amendment to Revenue
Recovery Act would also help in improvement of recovery under Government Sponsored
Schemes.
8.4. Review of Recovery performance under Priority Sector Advances
The recovery under Priority Sector advances is 76% of the total demand during the period under
review. The Bank-wise recovery details are furnished in annexure.
AGENDA: 9
Review of Performance under Government Sponsored Schemes in UT of Puducherry
In the schemes of PMEGP and SJSRY the departments have sponsored applications. All the
banks were requested to follow the RBI time norms in disposal of applications and achieve
the targets.
Line departments were also requested to work in close co-ordination with
banks for financing viable projects under government sponsored schemes and
achievement of targets.
As the programme year 2013-14 is coming to an end banks are also requested to claim the
subsidy for sanctioned cases immediately and also send utilization certificates to the line
departments regarding the same.
Departments are requested to inform the achievement in the schemes as on date.
AGENDA: 10
10.1 Performance under Housing Finance Scheme:
The increase in construction activity in Union Territory of Puducherry especially in Puducherry and
Karaikal Regions has resulted in disbursement of more number of housing loans. The total
disbursement made during the review period is Rs.77.80 crores in 1055 accounts.
10.2 Performance under Educational Loan Scheme:
The increasing demand from student community for credit assistance to pursue higher education
is playing greater role of the performance of the banks. All the member banks are actively
participating in Educational loan Scheme.
The outstanding advance in Educational loan as on 31.12.2013 is Rs.341.65 crores. This accounts
for 4.76% of the total advances. Banks have sanctioned loan assistance to 2105 students for a
sum of Rs.21.97 Crores during the period under review.
10.3 Credit Flow to Non Farm Sector:
The outstanding advance to Non farm sector as of 31.12.2013 is Rs.1240.14 crores. This accounts
for 17.29% of the total credit. As per the report received from bank branches and as shown in the
annexure, credit flow to the tune of Rs.200.79 Crores was made during the period under review of
the year 2013-14.
In view of the various schemes in operation viz. Credit Guarantee Fund Trust Scheme, Credit
Linked Capital Subsidy scheme, Micro Finance Scheme banks are requested to increase the
lending under SME sector.
AGENDA: 11
11.1 Disbursement to Minority Community
The outstanding advance to minority communities as on December 2013 is Rs.557.17 Crores.
This accounts for 12.50% of Priority sector advances. Banks have disbursed an amount of
Rs.46.12 Crores to 5794 accounts to Minority Communities during period under review. As the
target of 15% is to be achieved as per the Prime Ministers 15 Point programme on the welfare of
minorities banks are requested to lend more to minorities and also to ensure correct classification
of advances under social attributes.
11.2 Disbursement to SC/ST Community
The outstanding advance to SC/ST communities as on 31.12.2013 is Rs.370.80 Crores. This
accounts to 5.17% of the total advances. With regard to disbursement to SC/ST communities
banks have disbursed an amount of Rs.29.90 Crores to 2918 accounts during the period under
review.
11.3 Disbursement to Women beneficiaries
The outstanding advance to women beneficiaries as on 31.12.2013 is Rs.688.84 Crores. This
accounts for 9.60% of the total advances. With regard to disbursement to women beneficiaries
banks have disbursed an amount of Rs.84.59 Crores to 9689 accounts during the review period of
the year 2013-14.
AGENDA: 12
12.1 Performance under Kisan Credit Card Scheme:
During the review period banks have issued 6383 new cards and extended credit assistance of
Rs.39.85 Crores.
Banks are requested to route all the crop loans through Revised KCC and also to furnish the
statements correctly to lead bank. All the KCC holders should be invariably covered under PAIS
with a view to provide continued accident insurance coverage.
12.2 SHG Credit Linkage:
During the period April to December 2013, 335 new SHGs opened SB Accounts.896 groups were
credit linked to the tune of Rs.2305.63 Lakhs and 651 groups' availed repeat finance amounting to
Rs.1876.74 Lakhs. The cumulative number of SHGs having SB accounts as on 31.12.2013 is
22770.
AGENDA: 13
Submission of LBR-2 and LBR-3 Returns
The level of submission of LBR 2 and LBR U2 by bank branches in UT of Puducherry for the year
2013-14 as of December 2013 is furnished as below:
Name of the Return
Submission Level
Name of the Return
Submission level
LBR 2
100%
LBR U2
100%
LBR 3-A
100%
LBR U3-A
100%
Due to the concerted efforts by Lead Bank by sending the formats well in advance, reminders,
telephonic reminders, information through various meetings, we are able to achieve 100%
submission of Lead Bank Returns.
The District Co-ordinators are requested to take note of the new guidelines issued by Reserve
Bank of India in order to improve the effectiveness and streamlining the functioning of SLBC
Meetings and ensure to continue the 100% submission of LBR in time so that the actual
performance is presented for review.
Bank wise details on LBR submission is given in the annexure.
Agenda No 14.
Stimulus Package Issues relating to MSME sector.
In compliance with the directives of Reserve Bank of India contained in their letter No RPCD.SME
&NFS. BC.NO.76/6.2.31(P)/2008-09 dt. 16.12.08 wherein the report as per the format is to be
submitted to Ministry of Finance and
issues relating to MSME sector are to be discussed
periodically in special SLBC meetings and the same is also to be discussed as a part of agenda in
the regular SLBC meetings. The report as on 31.12.2013 is placed for information of the forum.
REPORT ON SPECIAL SLBCs ON ITEMS OF ECONOMIC PACKAGE
Particulars
Cumulative
Cumulative performance
As on 31.03.2013
as on 31.12.2013
No.
Amt.
No.
Amt.
Rs. In Cr
Of a/cs
Rs. In Cr
8296
752.36
9006
831.92
830
319.56
839
323.56
445
45.35
457
50.07
4
0.34
4
0.34
2961
117.59
3153
124.6
5576
528.77
5845
565.94
676
190.11
770
213.44
4764
186.52
5076
188.47
of a/cs
(1) Credit flow to MSME:
Sanction of working capital loans
(New)
Sanction of incremental working Capital
loans (Existing units)
Restructuring of MSME accounts
Sanction of loans for purchase of
Gensets on soft terms
(2) Sanction of Housing loans

Loans upto Rs.5 lakhs

Loans from Rs.5 lakhs to
Rs.20 lakhs

Loans above Rs.20 lakhs
(3) Sanction of auto loans
The District Co-ordinators are requested to submit the report on the stimulus package before 5th of
the every month to send the consolidated statement to Government of India in time.
Agenda : 15
Any other matter with the permission of the Chair.

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