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The 142nd meeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended June 2017 will be held on 20.11.2017 at 10.30 A.M. at Hotel Mount View, Sector 10, Chandigarh. The following issues shall be taken up for discussion in the meeting:-

Item No.1 Confirmation of minutes of 141st meeting of State Level Bankers' Committee (Punjab)

Last Meeting of SLBC

Held on 10.08.2017

Minutes e-mailed/ circulated on

24.08.2017

Comments Received NIL

The House may confirm the circulated minutes.

Agenda papers of 142nd Meeting of SLBC-Punjab

142nd Meeting of State Level Bankers’ Committee (Punjab)

IMPORTANT AGENDA ITEMS TO BE DELIBERATED FOR DECISION MAKING

Item No. 2 Pradhan Mantri Jan Dhan Yojana.

Item No. 2(i)

Issuance of Rupay Cards and its Activation in PMJDY accounts.

Activation of Rupay Debit Cards is necessary to get the insurance cover under the Rupay Card. All Rupay Card holders (valid for Physical or Virtual RuPay card holder) i.e Cards issued on an IIN assigned by RuPay are eligible for the RuPay Insurance Program. The eligibility to claim accidental cover is as under:-

Benefits of Insurance will be available to the Card holders who have performed minimum one successful financial or non-financial transaction at any Channel both Intra and Inter-bank i.e. on-us and off-us.

Transaction must be conducted within 45 days prior to date of accident including accident date for Premium Card holders and within 90 days prior to date of accident including accident date for Non Premium Card holders.

All customer induced transactions at Branch will be included as eligible transactions under the Rupay Insurance Program.

The position of issuance of Rupay Cards is as under:-Period No. of

PMJDY Accounts

No. of Rupay cards issued

No. of Rupay Cards not

issued

No. of Rupay cards

activated

No. of Rupay cards not

activated

30.09.17 6150998 5166343 984655 3214839 1951504


30.06.17 6097988 5102821 995167 3226490 1876331Difference

53010 63522 10512 -11651 75173

(The bank-wise position is as per Annexure-1) (Page-108)

Top performing Banks in issuing of Rupay cards.

Name of the BankNo. of PMJDY

Accounts


%age of Rupay Cards

issuedCanara Bank 200719 200719 100%IOB 95543 95543 100%ICICI Bank 164877 164877 100%

Top performing Banks in activation of Rupay cards.

Name of the Bank

No. of Rupay cards Issued

No. of Rupay cards not activated

%age of Rupay Cards activated

BOM 15391 15391 100%Corp. Bank 105317 105317 100%ICICI Bk 164877 164877 100%

Below Average Banks in issuing of Rupay cards.

Name of the Bank

No. of PMJDY Accounts


%age of Rupay Cards issued

Bank of Maharastra

27082 15391 56.83

UCO Bank 574049 311965 54.34Federal Bank 13828 5943 42.98

Below Average Banks in activation of Rupay cards.

Name of the Bank

No. of Rupay cards Issued

No. of Rupay cards

activated

%age of Rupay Cards activated

UCO Bank 311965 99055 31.75Bank of India 243467 63666 26.15


Malwa G Bank

48462 12538 25.87

During the deliberations in the 3rd Steering Committee meeting held on 06.11.2017, was observed that Rupay cards were not issued to all the newly opened accounts as number of Rupay Cards issued declined on quarter to quarter basis, for which house showed its concern. It was resolved that all the member banks will ascertain the reasons for not issuing the Rupay cards in newly opened accounts and would take steps for issuing Rupay cards to all the left out account holders. Member banks were requested to utilize the services of FLC counselors and Bank Mitras for creating awareness amongst the customer for activation of Rupay cards.

The house may deliberate.

Item No. 3 Monitoring of Zero Balance Accounts- in PMJDY

The overall position of Zero Balance accounts in the state is as under:-

Period Total No. of PMJDY a/cs

Zero balance accounts

%age of zero balance a/cs

30.09.2017 6150998 803849 13.0730.06.2017 6055609 938411 15.5031.03.2017 5714878 942474 16.49

Bank-wise position in zero balance account is as per Annexure-2 (Page-109).

In the 140th meeting of SLBC held on 30.05.2017, after reviewing the position of Zero balance accounts a decision was Agenda papers of 142nd Meeting of SLBC-Punjab

taken that banks should issue a Registered Notice to the account holders for operation in the account within 30 days and if the account is not operated within the notice period i.e. 30 days the banks may close the account. In the 141st meeting of SLBC held on 10.08.2017, the decision was again ratified.

Although there is a decline of over 3% in the number of Zero Balance accounts yet, it appears that all the banks have not taken action as per the decision taken in the 140th meeting of SLBC as there is not a perceptible improvement in the number of Zero balance accounts figures of many banks.

Top performing Banks under the parameter-Name of the Bank

Total No. of PMJDY a/cs


%age of zero balance

a/csPb. Gramin Bk

151500 43 0.03

P&S Bank 477157 5688 1.19Corp. Bank 110121 1850 1.68

Below Average performing banks under the parameter-

Name of the Bank

Total No. of PMJDY a/cs


%age of zero balance a/cs

AXIS Bank 71499 31740 44.39ICICI Bank 164877 70980 43.05Indian Overseas Bank

95543 37542 39.29


During the deliberations in the 3rd Steering Committee meeting to SLBC held on 06.11.2017, Member banks were again requested to take action as per the decision in the SLBC meeting for bringing the zero balance account to NIL level. This would not only reduce the data load in data base but would enable the state to put a better picture of the performance.


Item No. 4 Appointment of Bank Mitras, Verification Calls by Executives of State Call Centers/ SLBC/ LDMs to Bank Mitras.

For universal access to banking facility and to provide various type of banking services to the customer under PMJDY 2336 Bank Mitras were to be deployed in areas allocated to banks by SLBCs out of which 2328 Bnk Mitras have been appointed by the banks.

To ascertain/verify the availability of Bank Mitras, executives of call centres/LDMs and Convener Bank make verification calls to each Bank Mitra/BC Agent working in their respective States. The feedback received from all the three is collated on regular basis and shared with Banks for taking necessary corrective action. Non working of Bank Mitras at locations allotted is depriving population therein of banking facilities and defeating the very purpose of Financial Inclusion.

The bank wise position in Appointment of Bank Mitras, & status of Micro ATM is given at Annexure-2. (Page-109) Bank-wise detail of Inactive/not working Bank Mitras is as under:-

Name of the Bank Bank Mitras not working


as on 30.09.2017Andhara Bank 4

Bank of Mahaarashtra 1

Canara bank 1

Indian Bank 2

TOTAL 8

Member banks are requested to keep convener bank informed of changes in contact details of Bank Mitras and ensure that Bank Mitras are operational at all locations.

During the deliberation in the 141st meeting of SLBC held on 10.08.2017, the representative of the various banks confirmed the in house that the Bank Mitras will be appointed as under:-

Andhara Bank: Within weeks time.Indian Bank: Within 15 days.Canara Bank: By Sept.2017

As on 30.09.2017 out of the total 2412 Bank Mitras only 1682 have been provided with Micro ATMs. The Bank-wise status of Micro ATM is given at Annexure-2. (Page-109)

During the deliberations in the 3rd Steering Committee meeting to SLBC held on 06.11.2017, representative of Andhra Bank informed that they have appointed all the 4 pending Bank Mitras but their contact details are yet to be informed to SLBC for verification and monitoring.


The representative of the member banks who have not appointed the Bank Mitras yet are again requested to appraise the latest position to the house alongwith the reasons for Non compliance of their commitment made in last SLBC meeting.

Item No. 4(i)

Difference in reporting of Bank Mitras to Ministry of Finance vis-à-vis to SLBC

Ministry of Finance has pointed out that there is a difference in reporting of Bank Mitras to Ministry of Finance by the corporate offices of the banks vis-a-vis reported to SLBC. Convener Bank vide its email dated 13.10.2017 has already taken up the matter with the respective banks for reconciliation of the difference in reporting. The ministry has viewed it seriously. The detail of the Bank Mitras reported to Ministry of Finance and to Convener Bank is attached as per Annexure-3. (Page-110)

Member Banks are requested to take up the matter with their corporate office for reconciliation of the difference and apprise the factual position to convener bank.

Item No. 5 Atal Pension Yojana (APY)

Under the Atal Pension Yojna Scheme (APY), depending upon their contributions, the subscribers, under the age of 40, would receive the fixed monthly pension of `1000 to ` 5000 at the age of 60 years. Recently Atal Pension Yojana (APY) has been ammended to give an option to the spouse to continue to contribute for balance period on premature death of the subscriber. After the death of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till the age of 60 years of the subscriber.


APY targets are allotted on yearly basis by Department of Financial Services, Ministry of Finance, Government of India on the basis of number of branches of each bank. The number of accounts varies from 20-70 accounts/year as per the category of the Banks as follows:-

i) 70 Accounts per branch for PSB/Pvt. Sector Banks.ii) 50 Accounts per branch of RRBs.iii)20 Accounts per branch of Coop. Bank.

The achievement under APY in the state of Punjab is as under:-Particulars Targets for

2017-18Pro-rata

targets upto Sept.2017

Achievementas on

30.09.2017

%age achievement

Public Sector Banks

316400 158200 53086 33.56

Pvt. Sector Banks

98070 49035 11878 24.22

RRB 20350 10175 5936 58.34Coop Banks 16480 8240 163 1.98Grand Total 451300 225650 71063 31.49

(Bank-wise targets/achievement is as Annexure-4) (Page-111)

Member banks are requested to utilize the services of FLC Centres and bank mitras for covering maximum persons under the ambit of Atal Pension Yojana Scheme. Further they should tap the unorganized workers for coverage under APY scheme.

Top performing Banks under the parameter.

Name of the Bank

Targets for 2017-

18

Pro-rata targets upto Sept.-2017

Achievement

as on 30.09.2017

%age achieveme

nt

Bk. of Baroda 9100 4550 5051 111%

AXIS Bank 20720 10360 10071 97.21

CBI 10640 5320 5147 96.75

Below Average performing banks under the parameter.


Name of the Bank

Targets for 2017-

18

Pro-rata targets

upto Sept.-2017

Achievement

as on 30.09.2017

%age achieveme

nt

Indus. Ind bank

7420 3710 0 0

Kotak Mahindra

4900 2450 9 0.37

IDBI Bk 5600 2800 16 0.57


Item No. 5(a) Opportunity for Fee Based Income-Atal Pension Yojana.

Atal Pension Yojana (APY) is one of flagship programme for Indian citizens who are working in unorganized sector and banks have been given the lead role to enroll Indian citizens under the scheme. The bank not only gets commission for enrolling the beneficiaries but also gets a permanent Saving Account. The PFRDA has informed that the incentive which a bank will be getting on enrolling APY Subscriber is as under:-

Type of Commission

No. of Enrolment/Commission per beneficiary (Rs.)

Less than 1 lakh

1 to 3 lakhs

3 to 5 Lakhs

Above 5 lakhs

Fixed > Flat 100 100 100 100

Variable> Volume driven

20 30 40 50


Besides the above, the Government will also pay us Rs.100/- per APY beneficiary for subsequent years if premium is paid regularly.

Applications can be canvassed by Business Correspondents also for which they are eligible for an incentive of Rs.50/- per application, which includes fee of Rs.10/- payable to TSP.

Thus it is a good opportunity to all the Banks to increase their Non Interest Fee based income on regular basis.

Item No. 6 Pradhan Mantri MUDRA Yojana (PMMY)

Micro Units Development and Refinance Agency Ltd (MUDRA) was launched by Hon’ble Prime Minister on April 8, 2015 as a new financial entity, for developing and refinancing last mile financial intermediaries like Banks, NBFCs, MFIs etc., who are in the business of lending to smaller of micro enterprises in manufacturing, trading & service sector.

This priority is essential to enable growth and income generation amongst the hitherto unfunded or underfunded segments of our economy. Lending under MUDRA will focus on the unfunded segments of the Micro enterprises by granting the loans under three categories:-

Shishu : Loans up to `.50000


Kishore : Loans above `. 50,000 and upto `.5.0 lakh

Tarun : Loans above `. 5.0 lakh and upto `.10.0 lakh

Ministry of Finance has advised all PSBs to classify all the loans extended to non-farm enterprises in manufacturing, trading and services up to `10.00 lakh on or after 8th April 2015 as MUDRA loans including the overdraft amount of `5000/- sanctioned under PMJDY.

Micro Units Development & Refinance Agency Limited has further informed that a loan portal by name www.udaymitra.in has been launched by SIDBI for facilitating sourcing of loan applications for various MSME programmes, including PMMY and Stand up India. Ministry has desired that branches should take maximum advantage of this facility in achieving the targets under these programmes.

Progress under Pradhan Mantri Mudra Yojana (PMMY)

Targets for Financial Year 2017-18

Achievement upto quarter ending 30.09.2017

%age Achievement

of Annual TargetsNo. of

AccountsAmount (Crores)

3883.40 147263 1970.60 50.74

(Bank-wise progress is as per Annexure-5) (Page-112)

Top performing Banks under the parameter- Name of the Bank Targets for

2017-18

Achievement upto quarter ending

30.09.2017

%age Achievement of Annual

TargetsNo. of Amount


http://www.udaymitra.in/

(in Crores) Accounts (in Crores)

OBC 359.19 17577 350.48 97.58

Pb Gramin Bank 160 8660 93.26 58.29

Union Bank of India

55 1325 27 49.09

Banks performing below average Banks under the parameter-Name of the Bank

Targets for 2017-18

(in Crores)

Achievement upto quarter ending

30.09.2017

%age Achievement

of Annual Targets

No. of Accounts

Amount (in

Crores)

Vijaya Bank 74.20 225 3.33 4.45

Sutlej Gramin Bank

10 93 0.52 5.20

Indian Bank 71 269 6.40 9.01


At the instance of Ministry of Finance under MUDRA Promotion Campaign (25th September to 17th October 2017), Camps were organized at fifty identified locations in different States. In our State a very successful camp was organized at Ludhiana on 6 th

October 2017 in which the facilities of account opening, Aadhaar and mobile seeding with bank accounts, handholding for downloading of BHIM app, distribution and activation of Agenda papers of 142nd Meeting of SLBC-Punjab

Rupay Cards, merchants on-boarding for various digital payment, enrolment for social security schemes, information on mudra loan and Stand up India loan, Aadhaar enrolment and updation etc. were provided.

This is for information of the house.

Item No. 7 Mapping of Industrial Training Institutes (ITIs), Vocational Training Partners (VTPs), Operational Centres (OCs) – Spread of Financial Literacy.

In order to impart financial literacy to the participants in training programs under skill development at various Operational and Vocational Training centres and ITIs operating in the State of Punjab, Ministry of Finance has desired that all these centres be mapped with the Financial Literacy Centres operating in the State. Convener Bank has already got mapped all the 505 Industrial Training Institutes (ITIs), Vocational Training Partners (VTPs), Operational Centres (OCs) with the FLCs and the bank wise list has been sent to the respective banks. Member banks having control in these FLCs were requested to ensure to organize financial literacy meetings in these vocational training centers/ITIs in coordination with the District Administration where a significant numbers of people can be covered for financial inputs as desired by Department of Financial Services, Ministry of Finance. The progress in conducting of camps in skilling centre is as under:-

Period No. of Skilling Centres mapped

No. of camps

organized

No. of Trainees participated

30.09.2017

419 185 9688

30.06.2017

419 171 8099

(District-wise position is as per Annexure-6) (Page-113) Agenda papers of 142nd Meeting of SLBC-Punjab

Districts with better performance under the parameter-Name of the

District.No. of Skilling

Centres mapped

No. of camps

organized

No. of Trainees participated

Mohali 5 19 380 Kapurthal

a25 25 574

Ropar 16 16 889

Districts with below average performance under the parameter-

Name of the District.

No. of Skilling Centres mapped

No. of camps

organized

No. of Trainees

participated

Mansa 14 0 0Fatehgarh Sahib

9 1 50

Barnala 8 1 20


At the request of Department of Institutional Finance and Banking the Director, Technical Education and Industrial Training, Punjab has already issued instructions to all the skilling centres including those under private ownership to allow Financial Literacy Counselors to hold camps to educate the students studying in these institutes.

During the deliberations in the 141stmeeting of SLBC held on 10.08.2017, it was resolved that controlling heads of banks having lead bank responsibilities in the state will review the position of FLC camps in skilling centres on regular basis and ensure that at least one camp must be held during each Agenda papers of 142nd Meeting of SLBC-Punjab

quarter in all the skilling centres, but the results are yet to be reflected.

Member banks are requested to ensure that the FLCs of their bank are functioning as per the guidelines of RBI and are conducting camps in skilling centers as per the guidelines of Ministry of Finance.

Item No. 8 Stand-up India Programme of Ministry of Finance.

The objective of the Stand-Up India scheme is to facilitate bank loans between Rs.10 lakh and Rs.1 Crore to at least one SC/ST and one woman beneficiary per bank branch for setting up a green field enterprise. This enterprise may be in manufacturing, services or the trading sector. In case of non-individual enterprises at least 51% of the shareholding and controlling stake should be held by either an SC/ST or Woman entrepreneur.

The scheme, which covers all branches of Scheduled Commercial Banks, will be accessed in three potential ways:-

o Directly at the branch or o Through SIDBI’s Stand-Up India portal

(www.standupmitra.in) oro Through the Lead District Manager ((LDM)

SIDBI has informed about the updation of Stand Up Mitra portal with the following features:-


http://www.standupmitra.in/

1. Applicants can submit additional documents through portal to bankers even after submission of loan applications.

2. Messaging module has been introduced in the portal by which Bank branches can interact with applicants/ LDMs/ SUCCs/respective ROs and Nodal Users through the Portal for follow up on loan application, seeking additional documents, if any, required for loan, responding to clarification requested, post sanction communication etc.

3. Logo of respective Banks would be visible once any user from the Bank logs in. We hope that this would inculcate a sense of participation amongst the Banking fraternity.

4. Credit Guarantee Scheme for Stand Up India (CGSSI) coverage rule engine has now been integrated on stand up mitra portal. Bankers can now search for potential loan applications which may be covered under CGSSI while perusing loan applications from e Marketplace.

5. ‘Ease of Access Kit’ for Bankers have been hosted in the Dashboard of all Bankers for ready reference. The same gets updated whenever any new feature is added.

6. A module to capture 'success stories' on portal has been provided by the SIDBI. Bankers may like continue to caputre appropriate cases on the module to show case the emerging entrepreneurs.

The progress under the scheme during the quarter ending 30.09.2017 is as under:-

(Amt. in lacs)

Period Total No. of Bank

Branches of Scheduled commercial

Banks

Participating

Branches

Loan sanctioned under the scheme during quarter ending 30.09.2017

SC/ST WOMEN Total

A/cs Amt. A/cs Amt. A/cs Amt.

30.09.17

6306 598 213 3336 635 11128 848 14464

30.06.17

6328 466 130 1886 502 10115 632 11046

(Bank wise targets and position is as per Annexure-7) (Page-114)


Top performing Banks under the parameter - Name of the Bank Total No. of

Bank Branches Participating Branches %age of

branches participated

Vijaya Bank 46 20 43

Andhara Bank 77 25 32

Indian Bank 78 24 31

Banks performing below average Banks under the parameter.

The following banks have not sanctioned even a single case:

1. HDFC Bank. 2. Kotak Mahindra, 3.YES Bank,

4. Federal Bank, 5. Capital Small Finance Bank.

6. Sutlej Gramin Bank.

The following banks have sanctioned only one case.

1. United Bank of India 2. J & K Bank. 3. AXIS Bank


During the deliberations in the 141st meeting of SLBC held on 10.08.2017, member banks were appraised that advances under Stand up India scheme is a good business opportunity and they should grab this opportunity and give more thrust for making advances to SC/ST/Women entrepreneurs through each of their branches under the scheme and ensure that each branch of their bank must participate in the scheme and make at least one case under Stand up India scheme.

Member Banks are again requested to ensure that each branch of their bank must participate in the scheme and finance at least one case each to SC/ST and Women beneficiary under Stand up India scheme.Agenda papers of 142nd Meeting of SLBC-Punjab

Item No. 9 Debt-Waiver announced to farmers in the State of Punjab

Government of Punjab has issued a Notification on 17/10/2017 after an announcement was made in the Vidhan Sabha regarding Debt- Waiver for Small and marginal farmer’s upto Rs.2 lakhs. As a result the farmers in the state of Punjab have stopped making repayment of their crop loans and the recovery scenario is being adversely affected. Even farmers others than small and marginal farmers are not making repayments in the hope of Debt waiver.

It is requested that in order to clearly guide the farmers, the details of notification be popularized through Press release and farmers be clearly informed that the repayment made by them will not affect their eligibility for Debt waiver as the cut off date for determining the eligibility is fixed at 31.03.2017.

Although the formal notification in this regard has been issued by the state government, it is requested that state government should clarify the following points to the bankers:-

i. Annexures as mentioned in the notification are yet to be provided.

ii. Cut off date for submission of claims.iii. Indicative date for final payment to the banks.

The representative of the State Government is requested to deliberate and appraise the latest position in the matter.


Item No. 10

Excessive crop loans by some Banks.

Reserve Bank of India vide their letter dated 23.10.2017 has informed that as per the study conducted by their FIDD Department, some banks in Punjab are not undertaking proper due diligence while sanctioning crop loans and have financed way beyond the prescribed Scale of Finance.

Reserve Bank of India has advised banks that they must undertake proper due diligence and adhere to their circulars dated November 9, 2012 and March 11, 2015 on ‘Interest Subvention Scheme-Monitoring of end use of crop loan’. Further, RBI has advised that banks must ensure that all crop loans for which they are claiming interest subvention should inter alia satisfy the condition that the loan amount is sanctioned as per the prescribed Scale of Finance. Convener bank has already reiterated these instructions to the member banks vide its e-mail dated 03.11.2017.

Member Banks are again requested to ensure that all crop loans for which they are claiming interest subvention should inter alia satisfy the condition that the loan amount is sanctioned as per the prescribed Scale of Finance and instructions of RBI for Interest Subvention Scheme-Monitoring of end use of crop loan are complied meticulously.

Item No.11

Coverage of villages with population over 5000 without a bank branch with Banking outlets.

For increasing Banking penetration and Financial inclusion, brick and mortar branches are an integral component. As per earlier guidelines of RBI. 53 villages with population above 5000 without a bank branch of a scheduled commercial bank Agenda papers of 142nd Meeting of SLBC-Punjab

were got identified by LDMs and allocated to banks for opening of Brick and Mortar branches.

Now in the first Bi-monthly Monetary Policy Statement 2016-17, branches and permissible methods of outreach have been redefined keeping in mind the various attributes of the banks and the types of services that are sought to be provided. Taking into account the suggestions/feedback received from the Government of India and other stakeholders, final guidelines on ‘Banking Outlets’ were issued vide RBI circular dated 18.05.2017 which were circulated amongst all the member banks by the convener bank on 21.06.2017.

As per revised guidelines of RBI, in place of branch, a banking outlet (which includes a branch as well as BC outlet) has been defined as:-

Banking outlet: A ‘Banking Outlet’ for a DSCB, a payment Bank or a SFB is a fixed point service delivery unit, manned by either bank’s staff or its business Correspondent where services of acceptance of deposits, encashment of cheques/cash withdrawals or lending of money are provided for a minimum of 4 hours per day for at least five days a week.

Part time banking outlets: Any fixed point service delivery unit of the bank which does not comply with the prescription regarding minimum working hours/days will be considered as a ‘Part-time Banking Outlet’.

Unbanked rural centre redefined: An unbanked rural centre (URC) is defined as a rural (Tier 5 i.e population as per 2011 census 5000 to 9,999 and Tier 6 having less than 5000 population) centre that does not have a CBS-enabled ‘Banking Outlet’ of a Scheduled Commercial Bank, a Payment Bank or a SFB or a Regional Rural Bank nor a branch of a Local Area Bank for carrying out customer based banking transaction.


During the deliberations in the 141st meeting of SLBC held on 10.08.2017, the house while approving the road map proposed that 50% of allocated branches be covered by September 2017 and 50% by December 2017 and member banks were requested to ensure to cover the remaining 33 villages as per the roadmap approved in the house. The progress of Tier-5 identified villages of the banks (Population over 5000) for the quarter ending September 2017 is as under:-

Total villages Identified

villages covered upto June 2017

villages covered upto Sept.2017

53 12 20(Bankwise progress is as per Annexure-8) (Page-115-116)

Bank wise pendency is as under:-

Name of the Bank

Villages allocate

d

villages covered in q.e. June 17

villages

covered in q.e.

Sept.17

Total village

sCovere

d

Centres

Pending

PNB 20 3 6 9 11SBI 10 0 0 0 10Allahabad Bk 1 0 0 0 1Canara Bank 2 0 0 0 2Dena Bank 1 0 0 0 1IOB 1 0 0 0 1OBC 2 0 0 0 2SGB 3 0 2 2 1CBI 2 0 0 0 2UCO Bank 2 0 0 0 2Pending Centres

33

The house may deliberate

Item No.12 Credit Deposit Ratio – Implementation of the Recommendations of Expert Group on CD Ratio


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

CD Ratio of 4 districts i.e. Hoshiarpur, Jalandhar, Kapurthala and Nawanshahr as at September 2005 was below 40% and Special Sub Committees (SSCs) of District Level Consultative Committee (DLCC) were constituted in these districts. Lead District Managers of all these four districts have convened the Special Sub-Committee meeting and submitted revised road map for achieving the level of 60% as under:-

District Date of Meeting

Monitorable Action Plan

Jalandhar 29.06.2015 40% by 31.03.2016 50% by 31.03.2017 60% by 31.03.2018

Kapurthala 22.07.2015 38% by 31.03.2016 44% by 31.03.2017 50% by 31.03.2018 56% by 31.03.2019 60% by 31.03.2020

Nawanshahar 22.07.2015 44% by 31.03.2017 50% by 31.12.2018 56% by 31.03.2019 60% by 31.03.2020

Hoshiarpur 30.06.2015 35% by 31.03.2016 40% by 31.03.2017 45% by 31.03.2018 50% by 31.03.2019 55% by 31.03.2020 60% by 31.03.2021


The comparative position of Monitorable Action Plan and CD Ratio (net of NRI deposits) as at Sept. 2017 & Sept. 2016 of these four districts is given below:-

District CD Ratio (%) as as per MAP

CD Ratio %

(including NRI

Deposits) as at

Sept.16

CD Ratio %

(including NRI

Deposits) as at

Sept.17

GrowthSept 17/

Sept16(PPs)

CD Ratio %

(Net of NRI

Deposits)

as at Sept.16

CD Ratio %

(Net of NRI

Deposits)

as at Sept.17

GrowthSept.17/Sept.16

(PPs)

Jalandhar 60 (Mar.18)

32.00 31.36 -0.64 42.00 40.18 -1.82

Kapurthala 60 (Mar.20)

28.78 28.77 -0.01 33.45 37.95 +4.50

Nawanshahr

60 (Mar.20)

30.34 31.14 +0.80 39.86 40.28 +0.42

Hoshiarpur 60 (Mar.21)

29.64 29.21 -0.43 50.89 43.56 -7.33

Observations:-

The CD Ratio (including NRI deposits) has marginally increased in Nawanshahr district and but has decreased in all the other 3 districts i.e Jalandhar, Kapurthala & Hoshiarpur. The CD ratio net of NRI deposits has increased in Kapurthala & Nawanshahr district but has decreased in Jalandhar, & Hoshiarpur.


The concerned LDMs are requested to continue to review the CD Ratio in the meetings of Special Sub Committee of DCC.

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

Item No. 13 Non Posting of Lead District Managers.

During the deliberations in the 141st meeting of SLBC held on 10.08.2017, the issue of non appointment of Lead District Managers in the Distircts Bhatinda, Barnala, Sangrur & Mansa was discussed. In Sangrur Director RSETI has been assigned additional charge of LDM. Since all these districts are allotted to State Bank of India, DGM, State Bank of India committed in the house that LDMs at all these centres will be placed within 10 days but LDMs has not joined in any of these districts till date and there is lot of delay in receiving various information and compilation of data. Representative of State Bank of India is requested to appraise the house the latest position in the matter.

Item No.14 Unrecognized Clusters of MSME and availability of banking outlets and credit flow in such clusters.

Reserve Bank of India has conducted study to find out unidentified/Unrecognized Clusters of MSMEs in India and has identified 1161 such clusters in India. It has further been observed in the study that 74% of these MSMEs clusters are not Agenda papers of 142nd Meeting of SLBC-Punjab

linked to banking system for providing credit flow to these clusters.

4 such clusters have been identified in the State of Punjab i.e 1 each at Ludhiana and Moga and 2 at Patiala. The Detail of these clusters and progress is as per Annexure-9. {Page 117}

Controlling heads of member banks are again requested to consider extending banking facilities to such clusters either through Brick and Mortar Branch or through BC, wherever feasible and send the report to Convener Bank.

District wise position is as under:-

Name of the District

No. of units

available

Credit linkage with banks

Units yet to have credit linkag

e

Banking outlets/BC facility accessibl

e to clusters.

Total no. of

Banking outlets/BC facility

to clusters.

Ludhiana

500 28 472 25 25

Moga 20 1 19 1 1Patiala 1529 307 1222 25 25


Item No.15 Financial Literacy Centres.

Item No.15 (i) Financial Literacy Project in Schools


Ministry of Finance has directed all banks to organize financial literacy programs in schools on Pan India basis. Lead District Managers have already mapped the 100 schools per district with bank branches operating in the district and Convener Bank has sent the mapped list to controlling heads of all the banks. Further Ministry of Finance has desired that controlling heads of banks should take the specified Actions for successful implementation of Financial Literacy project in schools.

Banks will be the nodal point for reporting and updating the progress made in conducting FL camps in schools to mission office on the prescribed format.

- As Financial Literacy is an ongoing process, it should be conducted by banks on a regular basis and not be viewed as a one-time activity. Banks are directed to conduct Financial Literacy sessions for the financial year 2017-18 as per the guidelines of Ministry of Finance.

Period No. of school mapped

No. of camps organized

No. of Student participated

30.06.2017

2200 489 34449

30.09.2017

2200 575 43498

(District-wise position is as per Annexure-6) (Page-113) During the deliberations in the 3rd Steering Committee meeting to SLBC held on 06.11.2017, Shri JPS Bindra, General Manager, NABARD, informed the house that NABARD has launched a programme ‘Go Digital’ for creating awareness for digitization among the masses. The Banks may get the proposal for financial assistance to a maximum of Rs. 5000/-. He also appraised the house that that NABARD is providing financial assistance for purchase of Hand held Projectors and portable PA


system to the extent of 60% of their cost subject to a maximum of Rs. 5000/-. He requested the commercial banks to submit the proposals to NABARD and take the advance sanction for holding of camps and submit the claim to NABARD after holding such camps. Member banks were requested to sensitize FLC counselors under their control for spreading financial literacy among the students of such centres.

Top performing Lead District Managers under the parameter.


No. of schools mapped



Amritsar 100 135 10125Ropar 100 75 3153Faridkot 100 65 4765

Lead District Managers having below average performance under the parameter.


No. of school mapped



Mansa 100 0 0Fatehgarh Sahib

100 1 52

Muktsar 100 3 283



Item No.15 (ii)

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

This important pillar focuses on preparing the people for financial planning and availment of credit. Ministry of Finance has observed from the experience of micro finance firms as well as Self Help Groups that, before availing credit, people need to be made aware of the advantages of access to formal financial system, savings, credit, importance of timely repayments and building up a good credit history. The present plan of Ministry of Finance is to expand the FLCCs to the block level.

134 FLCs are functioning against the target of 143 at the block level in the State of punjab. Detail of blocks where FLCs are yet to be opened are as under:-

Name of the Bank Name of the centre where FLC is to be opened

State Bank of India Talwandi ( Bathinda)Cooperative Bank Jhunir (Mansa)

Sehna ( Barnala)Dhuri (Sangrur)

Punjab & Sind Bank Amloh (FGS)Guruharsahai (Fzr)

Oriental Bank of Commerce

Ranjitgarh (Jalandhar)

Bank of India Attari (Asr.)Zira (Fzr)



During the deliberations in the 3rd Steering Committee meeting to SLBC held on 06.11.2017, the representative of Department of Institution Finance & Banking informed the house that they have already requested the Deputy Commissioners to explore the possibility of providing one room at BDO/Tehsil office in each district for opening of FLC in their district and they will follow up for the decision taken in the matter.

The representative of Urban Local Bodies department offered to provide the space at 28 urban centres. Member banks were requested to take up the issue with the Urban local bodies department through the Lead District Manager of the concerned district for taking accommodation for opening of FLCs at the urban centres.

The representative of Department of Institutional Finance & Banking is requested to appraise the house about latest position in the matter.

Item No. 15 (iii)

Progress report of Financial Literacy Centres (FLCs)

Reserve Bank of India vide their circular. No. FIDD.FLC.BC.No.18/12.01.018/2015-16 dated 14.01.2016 has issued revised guidelines of Financial Literacy Centres and convener bank has already circulated the said guidelines to all the member banks/LDMs. The information for organizing Financial Literacy Camps for the quarter ended September 2017 is as under:-


1060 special target group camps have been conducted by FLCs in the State of Punjab.

1108 special target camps have been conducted by FLCs for people newly inducted into the Financial System in the State of Punjab.

3158 number of rural branches have conducted 2059 special camps during the quarter and number of target specific camps conducted during the quarter are 3942.

(Detail of holding the camps by Rural Branches and the data of FLCs is as per Annexure-10 (i). (Page-118)


Item No.15 (iv)

Financial Awareness material –availability at website of Reserve Bank of India.

Department of Financial Services, Ministry of Finance, has informed that Financial Literacy Material available on the web site of RBI i.e. http://www/rbi.org.in/commonman/Hindi/Scripts/Fame.aspx. may be utilized during the Financial literacy camps. Convener Bank has already requested all the member banks vide e-mail dated 15.09.2017 to utilize the Financial Literacy Material during FLC camps.

As the material is available in Punjabi language also, Member banks are requested to spread these messages to common people through the bank branches, BCs, ATMs, and FLCs.


http://www/rbi.org.in/commonman/Hindi/Scripts/Fame.aspx

Item No.16 Functioning of Rural Self Employment Training Institutes (RSETIs)

16(i). Review of allotment and impediments in construction of RSETI buildings.{Annexure 11) (Page-119-121) }

18 RSETIs are operating in the State of Punjab which includes RSETIs at Dhudi Ke (District Moga) sponsored by PNB.

However RSETIs are not operating at following centres.Gurdaspur, Pathankot, SBS Nagar, Tarn Taran & Fazilka.

During the deliberations in the 3rd Steering Committee Meeting to SLBC held on 06.11.2017, Nodal Executive of RSETIs, informed the house that Case for principle approval of MORD has already been sent for RSETI at Gurdaspur, Pathankot, Fazilka, Nawashahr (SBS Nagar) but approval has been received for Gurdaspur only and other are still pending. The representative of the Rural Development was requested to provide rent free or accommodation at a nominal rent for starting of RSETIs at Gurdaspur centre till construction of building.

During the deliberations in the 141st meeting of SLBC held on 10.08.2017, Shri A.K.Sinha, IAS, Secretary (Finance & Banking), Government of Punjab assured the house that the following pending issues will be resolved at the earliest:-

(a) Allotment of 1 acre land at Taran Tarn for construction of RSETI building at nominal charges.


(b) To consider favorably outstanding issue of 10% annual hike in lease rental for RSETI land. Matter was deliberated with ACS Finance in the meeting held under his chairmanship in his office on 25.11.2016 wherein Principal Secretary Rural Development Department agreed to review it favorably with negligible increase after five years.

(c) Charge of domestic rates on electricity and water charges as per MoRD letter dated 15.09.2015

The representative of Department of Rural Development/ DIFB may apprise the house of the latest developments in the matter.

16(ii)- Impediments in the constructions of RSETI building.

1. Hoshiarpur

a) Since the land has been allocated by the District Administration is adjoining to State Highway the construction map would be entertained after leaving 30 meter from edge of Highway road on account of ''No construction zone'' as per guidelines. Construction on residual land as per standard requirement of MORD on ground floor is not feasible. In order to start construction of RSETI either additional land adjoining to existing land be provided or alternate land of 1 acre be provided.

b) Trees are standing on the allocated land and application for removal of trees had been given to forest department but restriction of national green tribunal has been imposed on clearance.

2. Mohali


i) The land has been allocated by the District Administration adjoining to National Highway. The approval of map would be entertained after leaving 60 meter from edge of Highway road on account of ''No construction zone'' as per NHAI guidelines. Department has identified some portion of additional land adjoining to existing land for allocation but the same is very small piece of land which is not sufficient to cover land of 60 meter marked under ''no construction zone''. Construction on residual land as per standard requirement of MORD on ground floor is not possible.

In order to start construction of RSETI either additional land adjoining to existing land be provided or alternate land of 1 acre be provided.

3. Tarn Taran

As per MoRD guidelines minimum 1 acre land at nominal lease rental charges is required for opening of RSETI. Earlier ½ acre land was identified which was not acceptable. The issue was escalated to the District Administration who have now allocated one acre land as per MORD guidelines and the proposal has been forwarded by PNB Circle Office, Amritsar to their Head Office for approval on 28.09.2017.Since the stipulated date for completion of construction of RSETI as informed by Ministry of Rural Development is 30.06.2018, Department of Rural Development is requested to take necessary steps at the earliest to resolve the above issues.


4. Moga

RSETI at Moga District is functioning at village Dunike and lease deed for the land at village Dunike was executed on 03.12.2009 between the Gram Panchayat and Punjab & Sind Bank Trust. After the change of Municipal Committee to Municipal Corporation, the lease money for the year 2014-15, & 2015-16 has not accepted by Municipal Corporation who is insisting upon the execution of fresh lease on new terms and conditions, which is not warranted as the lease already executed continues to be in force.Department of local bodies is requested to direct the Municipal Corporation Moga for acceptance of lease money as per the lease deed executed between Gram panchayat Duni ke and PS&B Trust.

The representative of Rural Development Department appraised the house that the issue of 10% hike in the lease rent for the land provided at various centres and the charging of commercial rates of electricity charges is under consideration of the department and will be resolved shortly.

Shri JPS Bindra, General Manager, NABARD informed the house that they have imparted sanction to 16 RSETIs for purchase of IT items but they have not received claim from these RSETIs. State Director, RSETIs was requested to follow up with the RSETIs for lodgment of claim to NABARD. 16(iii) Clousre of RSETI functioning at Tappa Mandi.

It has been informed by Canara Bank that they have closed the RSETI functioning at Tappa Mandi in Barnala District because of the following issues:-


1. Being a Non Lead District, the logistics are not favorable to run the institute at par with other successful RSETIs being run by their bank.

2. Owing to the Non availability of land and suitable premises, the infrastructure to house this institute effectively is presently lacking.

3. Sponsoring of candidates by Govt. is available only to the RSETIs of SBI operating in Barnala district thereby affecting the Training Schedule of their Banks RSETI.

4. The lack of hostel facilities is preventing the candidates from faraway places to enlist for training in their institute.


16(iv) Performance of the RSETIs functioning in the State.

From the data on progress of RSETIs up to Sept. 2017 (as per Annexure 11(i) (Page-122) it has been observed that:-

2276 training programmes of skill development were organized wherein 58919 trainees participated.

9021 trainees were financed by the banks to start their Enterprises and 22524 trainees set up their enterprises through owned funds.

Out of total 58919 trainees, 35990 were from SC/ST category, 8597 from OBC, 642 from minority and 13690 were from other categories.

42985 Women and 274 Handicapped persons were also provided training for self-employment.



Item No.17 Recovery of Banks' Dues - Pending Recovery Certificates under State Recovery Acts

The position as at September-2017 of pending Recovery Certificates filed under State Recovery Acts is given below:-

(Amt. ` in lac)S.

No.Particulars No. of

RCsAmount

i Cases settled during the quarter

565 1120.87

ii Total pending cases 1061 10856.17

iii Out of (ii) above, cases pending for less than six months

52 1856.08

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

74 445.94

v Out of (ii) above, cases pending for more than 1 year.

935 8554.15

(District-wise & Bank-wise position is as per Annexure 12 {Page 123-124}

Observations

As many as 1061 cases filed under State Recovery Acts involving a sum of ` 10856.17 lakh are lying pending with Recovery Officers. 935 RCs with amount outstanding to the tune of ` 8554.15 lac are pending for more than 1 year. The pendency in respect of RCs for more than One year is mainly in respect of Districts of Amritsar, Bathinda, Fazilka, Ludhiana, Muktsar, Pathankot & Tarn Taran and mainly of PNB, SBI, & Punjab Gramin Bank.

Lead District Managers are requested to attend the revenue officers meetings and discuss the pending


cases and take steps for settlement of pending recovery cases.

Item No. 18

Delay in taking possession of assets by Chief Metropolitan Magistrates/District Magistrates under section 14 of SARFAESI Act, 2002.

The Bank-wise position of pending cases under SARFASAI in the State of Punjab under as on September-2017 is as under:-

(Amt ` in Lacs)

No. of Pending Cases with

Metropolitan Magistrates/District

Magistrates

Cases pending for more than

one Month

Amount Involved

172 172 47817.47(Bank-wise Position is as per Annexure 13) {Page 125}

(District-wise position is as per Annexure 13(i) {Page 126-129}

Department of Institutional Finance & Banking has already requested all the District Magistrates in the State of Punjab to accord due priority to these cases and if required Revenue Officer may be authorized for taking help of the police wherever necessary for the purpose. However, police may not investigate the matter at their level as there is no such provision in the said Act. In such cases, police is mainly to assist the District Magistrate or the officer authorized as aforesaid to take possession of the secured assets.


Member Banks/LDMs are requested to take note of the above instruction of the department and take steps for settlement of pending cases under SARFAESI Act.

Item No.19 Dairy Entrepreneurship Development (DEDS) Scheme.

Dairy Entrepreneurship Development is a central sector scheme for generation of self employment opportunities in the dairy sector, it is covering activities like improvement in milk production, procurement, preservation, transportation, processing and marketing of milk. Ministry of Agriculture and Farmers Welfare, Govt. of India has approved continuation of Dairy Entrepreneurship Development Scheme upto 31.12.2017.

The performance under the scheme upto q.e. Sept-2017 is as under:-

(Amt. ` in Lacs)Targets under

DEDSFor 2017-18

Achievements up to

September-2017

%achievement

17945.49 2898.69 16.15(Bank wise progress is as per Annexure 14) {Page 130}

Member banks are requested to make finance under the scheme and representative of the Dairy Development Department is requested to deliberate.

Item No. 20

Issues of Unique Identification Authority of India (UIDAI)


A.Age Band wise Aadhaar Saturation (Status as on 10th Oct’ 2017)

Age Band Projected Population 2017

Aadhaar Generated

Pending Population

%Aadhaar Generation

Upto 5 Year 22,36,373 10,95,203 1141170 48.97%

5 to 18 Year 59,76,811 61,29,656 -152845 102.56%

18 year & Above 21131712 2217764

9 -1045937 104.95%Total 293,44,896 29402507 -57611 100.20%

The pending population is mostly in the age group 0-18 years. Population more than 18 years is mostly covered.

B.Linking and authentication of Bank accounts with the Aadhaar

The Prevention of Money Laundering (Maintenance of Records) Rules, 2005 has been amended and as per the amendment every bank account is to be Aadhaar authenticated before 31st December 2017. In a meeting convened by Principal Secretary to Prime Minister on linking bank accounts with Aadhaar on 15.07.2017 all the Aadhaar which are linked with the bank accounts and are to be demographically authenticated should also be authenticated by biometric mode or OTP mode by a date decided by RBI ( say June 2018). Regarding Monitoring of the authentication of the bank accounts it was decided that DFS will monitor the Public and Private sector banks, NABARD will monitor the Rural Cooperative banks and RRB and RBI will monitor the Urban Cooperative banks and foreign banks.

C.Opening of Aadhaar Enrolment and Updation centres in the Bank Branches by 31st December 2017:


Gazette notification issued vide notification No.13012/79/2017/Legal-UIDAI dated 14.07.2017 have directed that every Scheduled Commercial Bank shall provide Aadhaar enrolment and update facilities to its customers at selected locations by 30th August 2017 . A review meeting was held in PMO on 29.09.2017, and it was decided that "banks shall

complete the task of setting up Aadhaar enrolment and update center in 15,200 bank branches by 31st December 2017. The centers shall be operated by banks directly inside bank branches without involvement of any private Aadhaar enrolment agencies. Accordingly banks may open the Aadhaar enrolment and update centres by the following methods:-

i. The bank shall itself act as Registrar as well as Enrolment Agency, procure the Aadhar enrolment kit and deploy their own employee as enrolment operator cum supervisor & verifier.

ii. In exceptional circumstances, the banks can outsource manpower for enrolment operator-cum-supervisor but Banks will need to own full responsibility for their conducts.

iii. It is hereby clarified that banks henceforth will not be able to use private enrolment agencies for Aadhaar enrolment and update. Therefore, the banks which had engaged any private enrolment agency/ agencies for opening Aadhaar enrolment and update center in the bank branches, are required to get those agencies de-boarded and act as per para (i) and (ii) above.

iv. Further, it is clarified that all scheduled commercial banks (Public and Private banks) sponsor’s to RRBs shall enable “Aadhaar enrolment, update centre” at their respective RRBs branches also, either by making RRBs as Enrolment Agency. RRB’s are not necessarily required to become UIDAI Registrar.


v.

Most of the Banks are already empanelled as the Registrars as well as Enrolment agency for carrying out the enrolment and updation activities. RRB’s are yet to be empanelled as Enrolment agencies. The location of the various enrolment centres working in the banks can be seen on the following link.https://appointments.uidai.gov.in/easearch.aspxD.Present status of opening of the Aadhaar Enrolment &

Update centres in the State of Punjab

Total 133 Enrolment centres are already opened at different branches.

Registrar Name Agency Name Grand Total

Andhra Bank United Telecoms Ltd 1Bank of Baroda AISECT Limited 4Canara Bank VEETECHNOLOGIES PVT. LTD 9Corporation Bank IAP COMPANY Pvt. Ltd 6DCB Bank DCB Bank Ltd 1Dena Bank IAP COMPANY Pvt. Ltd 4

Zephyr System Pvt.Ltd. 3HDFC Bank Limited Indotech Engineering Products 20ICICI Bank Limited ICICI Bank Ltd 1

Indotech Engineering Products 6

IDBI Bank LtdCitizencenter Technologies Pvt Ltd 1Indotech Engineering Products 2

Indian Bank Citizencenter Technologies Pvt Ltd 1

Indus Ind Bank Indotech Engineering Products 3Kotak Mahindra Bank Alankit Limited 1

Transline Technologies P Ltd 2ORIENTAL BANK OF COMMERCE

PRADIK IMPEX PRIVATE LIMITED28

STATE BANK OF Utility Forms Pvt Ltd 10Agenda papers of 142nd Meeting of SLBC-Punjab

https://appointments.uidai.gov.in/easearch.aspx

INDIASyndicate Bank_New VEETECHNOLOGIES PVT. LTD 8Union Bank Of India Vakrangee Softwares Limited 10United Bank Of India IAP COMPANY Pvt. Ltd 3YES Bank Limited Alankit Limited 6INDIAN OVERSEAS BANK

Citizen center Technologies Pvt Ltd

2Grand Total 133

E. Training & Certification for carrying out Aadhaar Enrollment /updation work:

To carry out Aadhaar enrollment / updation work, one need to be certified for this. UIDAI has already conducted regular training programs at Amritsar, Bathinda, Ferozepur, Gurdaspur, Hoshiarpur, Jalandhar, Ludhiana Patiala, SAS Nagar. 659 Bank officials have already been trained in these trainings provided by UIDAI. All the Banks are requested to get these officials certified to work as Aadhaar Enrolment officials For online certification there is a fee of Rs. 365/- per head to be deposited either by individual challan or through bulk challan to NSeiT.

Sr No

Bank Name Officers Trained Sr

NoBank Name Officers

Trained

1ALLAHABAD BANK 21 15

Indian Overseas Bank 15

2 Andhra bank 6 16 INDUSIND BANK 83 Axis Bank 34 17 Kotak Mahindra 17

4BANK OF BARODA 15 18 GRAMIN BANKS 45

5 BANK OF INDIA 21 19 OBC 39

6 CANARA BANK 23 20PUNJAB & SIND BANK 57

7 CENTRAL BANK 24 21 PNB 59


OF INDIA

8COOPERATIVE BANKS 31 22

STATE BANK OF INDIA 87

9CORPORATION BANK 7 23 UCO BANK 24

10 DENA BANK 8 24Union Bank of India 14

11 HDFC BANK 45 25 Vijaya Bank 412 ICICI BANK 28 26 YES Bank 1013 IDBI BANK LTD. 7 27 Total 65914 INDIAN BANK 10

The representative of UIADI is requested to deliberate and apprise the latest position and expectation of UIADI from banks.

Item No. 20(i) Gazette Notification in pursuance of the provisions of Section 7 of the Aadhaar Act, 2016- Interest Subvention Scheme.

In pursuance of the provisions of section 7 of Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act,2016, the Central Government hereby notifies the following namely:-

1. All farmers eligible for receiving the benefits under the Interest Subvention Scheme are hereby required to furnish proof of possession of Aadhaar number for undergoing Aadhaar authentication.

2. Any former desirous of availing the benefits under the Scheme, who does not possess the Aadhaar number or, has not yet enrolled for Aadhaar, is hereby required to make application for Aadhaar enrollment by 30th

September,2017 provided she or he is entitled to obtain Aadhaar under section 3 of the said Act and such


individuals may visit any Aadhaar enrolment centre specified in the Unique Identification Authority of India (UIDAI) website (www.uidai.gov.in) to get enrolled for Aadhaar. Convener Bank has already send the notification to all the member banks vide their email dated 27.09.2017 with a request to ensure meticulous compliance of the instructions of Ministry of Agriculture.

Copy of the Gazette notification of Ministry of Agriculture is again attached as per Annexure-15 (Page-131-134) for information of the house.

Member banks are again requested to ensure meticulous compliance of the instructions of Ministry of Agriculture.

Item No.20(ii) MGNREGS-Camps for seeding of Aadhaar in the accounts of MGNREGS workers for Direct Benefit Transfer(DBT)

Ministry of Rural Development, Govt. of India has instructed that accounts of MGNREGS workers should be seeded with their Aadhaar number, with their consent latest by 31.12.2017. Member banks are requested to take steps for seeding of Aadhaar number in the MGNREGS workers accounts latest by 31.12.2017.Lead District Managers of respective districts are requested to ensure that all Bank Branches in their Districts provide necessary support in Aadhaar Seeding under MGNREGA in camps to be organized by the State Govt.


http://www.uidai.gov.in/

Item No. 20(iii)

Seeding of Aadhaar and Mobile Numbers in Savings bank accounts.

Department of Financial Services, Ministry of Finance, Government of India vide communication dated 06.03.2017 have informed that with a view to enable account holders for digital payments, banks were asked to launch a drive in campaign mode in July 2017 for seeding of Aadhaar number in all operative, individual savings bank account and voluntary seeding of Aadhaar number in all such accounts.

Department of Institutional Finance and Banking has already informed all the Deputy Commissioners in the State of Punjab that, Government of India has desired to organize camps where banks would ensure arrangements for on-the-spot seeding after wide publicity and account holder-specific outreach efforts. For other areas, account holder specific outreach efforts should be made through branch personnel and by mobilizing and incentivizing BCs and, additionally, through innovative strategies to enlist other agencies.

Reserve Bank of India has recently clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017, as such all bank accounts must be linked to Aadhaar by 31.12.2017 positively. The progress as on 30.09.2017 as informed by Ministry of Finance is as under:-Period No. of Active

AccountsSeeding with AadhaarNumber %age

30.09.2017 318.12 231 72.60%30.06.2017 260.02 213 81.90%


Member banks are requested to take steps for maximizing the Aadhaar seeding in active saving fund accounts

Item No. 20(iv)

Aadhaar Lookup –Facility.

National Automated Clearing House (NACH), has introduced Aadhaar lookup-facility for the benefit of banks. This facility would allow the banks to know the status of AADHAAR mapping in the NACH System and can be used for verification of the list of Aadhaar numbers through an upload process and response thereof. This would help the banks to process Direct Benefit Transfer (DBT) transactions more efficiently and help reduce returns.

This facility would be available for banks from 1.30 PM to 5.00 PM on daily basis form Monday to Friday and 1.00 PM to 2.30 PM on Saturday. For any queries/help banks can take up through e-mail at [email protected]. Convener bank has already e-mailed the procedure vide e-mail dated 14.06.2017. Member banks are requested to use this facility for effective implementation of all the schemes of Govt. of India.IMPORTANT AGENDA ITEMS FOR DISCUSSION AND INFORMATION OF THE HOUSE.

Item No. 21 Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).

As per the announcement in the Budget speech of 2015, two insurance schemes namely Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and a new pension scheme called Atal Pension Yojana


mailto:[email protected]

(APY) were launched to move towards creating a universal social security system for all Indians especially the poor and the under-privileged. In PMSBY, any person between the age of 18-70 years can subscribe to the scheme and the annual premium is ` 12/- whereas in PMJJBY, any person between the age of 18-50 years can subscribe to the scheme and annual premium is ` 330/-. The achievement under the schemes is as under:-

Name of the scheme

Achievement as on

30.06.17

Achievement as on

30.09.2017

Increase in the quarter

PMSBY 3567155 3665698 98543PMJJBY 621856 648356 26500

The Bank-wise progress in respect of both the schemes is as per Annexure-16 (Page-135).


Item No. 21(i)

Position of Claims lodged/Settled under PMJDY and Jan Suraksha Schemes.

In accidental claims under PMJDY, out of 101 claims lodged up to 30.09.2017, 67 Claims stands settled while 34 are pending.

In PMJDY in case of natural death, out of 75 claims lodged up to 30.09.2017 in the State of Punjab, 52 Claims stand settled while 23 are pending.

In Pradhan Mantri Suraksha Beema Yojna out of 892 claims lodged 646 claim cases stands settled while 104 claims stands rejected. The number of pending cases are 142.Agenda papers of 142nd Meeting of SLBC-Punjab

In Pradhan Mantri Jeevan Jyoti Beema Yojna out of 1378 claims lodged 1187 claim cases stands settled while 23 cases stand rejected. The number of pending cases are 168.

Consolidated position of claims in respect of Social Security Schemes is as under:

Name of Scheme Claim Lodge

d

Claims Settle

d

Claims Rejecte

d

Pending Claims.

PMJDY (Accidental) 101 67 - 34PMJDY (Natural Death)

75 52 - 23

PMSBY 892 646 104 142PMJJBY 1378 1187 23 168

Bank wise position in lodgment and settlement of claims under PMJDY is as per Annexure-17 (Page-136) and for PMSBY is as per Annexure-17(i). (Page-137)

Ministry of Finance has pointed out that the ratio of claims to the total account holders in the state is very low thereby implying that the masses are not aware of the scheme and the claims are not being lodged due to the lack of knowledge.

Member Banks are again requested to involve the Local leaders, Sarpanches and official from the department of Registrar, Birth and Deaths in every awareness programme conducted by the banks for schemes launched by Central Government i.e. PMJDY, PMSBY, PMJJBY, PMMY, APY etc.

Since increasing of non-interest income is one of the challenging areas for banks, Banks can take extra


initiative for enrolment under APY scheme for increasing their non-interest income.

Item No. 22 Pradhan Mantri Fasal Bima Yojana.

Agriculture employs nearly half of the employed people in the country. The security and well being of farmers is thus of prime importance to the progress of the country. It is with this in mind that the Pradhan Mantri Fasal Bima Yojana was launched on 13th January 2016.

During the deliberations in the 141st meeting of SLBC held on 10.08.2017, The house was informed of the decision of the State Government for referring the matter to Government of India with certain amendments for implementation of Pradhan Mantri Fasal Bima Yojana. In subsequent meetings, the state has again informed that reply from the Government of India is awaited and Fasal Bima Yojana has not been implanted in State till date.

The representative of Agriculture Department/IF&B is requested to apprise the house about the implementation of ‘Fasal Bima Yojana’ in the State of Punjab.

Item No. 23 Pradhan Mantri Awas Yojana Housing for all by 2022-Credit Linked Subsidy Scheme-(CLSS).

The Mission, in order to expand institutional credit flow to the housing needs of urban poor implemented credit linked subsidy component as a demand side intervention. Credit linked subsidy will be provided on home loans taken by eligible urban poor (EWS/LIG) for acquisition, construction of house.

Beneficiaries of Economically Weaker section (EWS) and Low Income Group (LIG) would be eligible for an interest


subsidy@ 6.5 % for a tenure of 20 years upfront discounted @9%.

The credit linked subsidy will be available only for loan amounts upto Rs. 6 lakhs and additional loans beyond Rs. 6 lakhs if any, will be at nonsubsidized rate.

Credit linked subsidy would be available for housing loans availed for new construction and addition of rooms, kitchen, toilet etc. to existing dwellings as incremental housing

HUDCO and NHB have been identified as Central Nodal Agencies (CNAs) to channelize this subsidy to the lending institutions and for monitoring the progress of this component. Under the Mission, beneficiaries can take advantage under one component only.

The loan tenure of 15 years has now been extended to 20 years, thereby reducing EMI’s for the home loan borrowers.

The progress under the scheme is as under:- (Amt. in lacs)Loans disbursed under the scheme during the quarter

Sept.-2017

Cumulative position upto 30.09.2017

No. of Accounts

Amt. disbursed

No. of Accounts

Amt. disbursed

288 2224 983 5286(Bank wise progress is as per Annexure-18) (Page-138)

In the 7thmeeting of State Level Sanctioning-cum-Monitoring Committee (SLSMC) held on 13th September 2017, in respect of Vertical-II i.e. CLSS under PMAY-HFA (U) mission, it was decided that:


http://www.nhb.org.in/

i. The earlier scheme w.r.t. advertisements dated 01.05.2016 & 08.05.2016 be scrapped.

ii. An advertisement in this regard has already been released in the newspapers for information of all the applicants that they can apply afresh in the ongoing Demand Survey for seeding relevant Central assistance..

iii. Besides, the applications received online through PMAY portal shall be handed over to Lead District Managers/Banks for identification of beneficiaries & disbursement of housing loans.


Item No. 23(i) Pradhan Mantri Awas Yojana 2017- for Middle Income Group

The government has also introduced a new CLSS loan scheme for the Middle income group of the society. The basic ingredients of the CLSS loan scheme for the middle income group are as under:-

Beneficiary A beneficiary family will comprise of husband, wife, unmarried sons and/or unmarried daughters. An adult earning member (irrespective of marital status) can be treated as a separate household;Provided that he / she does not own a pucca (an all weather dwelling unit) house in his / her name in any part of India.


Provided also that in the case of a married couple, either of the spouses or both together in joint ownership will be eligible for a single house, subject to income eligibility of the household under the Scheme.

Carpet Area Area enclosed within the walls, actual area to lay the carpet. This area does not include the thickness of the inner walls. 90 Sq.mt. for MIG-I and 110 sq.mt. for MIG-II

Central Nodal Agencies Nodal Agencies identified by Ministry earlier for EWS/LIG scheme.

Middle Income Group (MIG) - I:

MIG - I households are defined as households having an annual income between Rs.6,00,001 (Rupees Six Lakh One) up to Rs.12,00,000 (Rupees Twelve Lakh).

Middle Income Group (MIG) - II:

MIG - II households are defined as households having an annual income between Rs.12,00,001 (Rupees Twelve Lakh One) up to Rs.18,00,000 (Rupees Eighteen Lakh).

Interest Subsidy 4% per annum on MIG-I and 3% on MIG-II

Primary Lending Institutions (PLIs)

Scheduled Commercial Banks, Housing Finance Companies, Regional Rural Banks (RRBs), State Cooperative Banks, Urban Cooperative Banks, Small Finance Banks, Non Banking Financial Company – Micro Finance Institutions (NBFC-MFIs) or any other institutions as may be identified by the Ministry.

The government is inviting online applications for PMAY-U through two modes, first is assessment application through pmaymis.gov.in and second is through the common service centers across the country.


https://www.sarkariyojna.co.in/find-csc-common-service-centers-city/

https://www.sarkariyojna.co.in/find-csc-common-service-centers-city/

https://www.sarkariyojna.co.in/pradhan-mantri-awas-yojana-online-application-forms-pmaymis-gov/

https://www.sarkariyojna.co.in/apply-online-pradhan-mantri-awas-yojana-pmay/

https://www.sarkariyojna.co.in/apply-online-pradhan-mantri-awas-yojana-pmay/

The eligible beneficiaries of PMAY can directly contact the banks and lending institutions to avail the housing loan under the scheme. The loan facility is being provided by several banks and non banking finance companies.The progress under Middle Income Group is as under:-

(Amt in lacs)

Loans disbursed under the scheme during the

quarter Sept.-2017

Cumulative position upto 30.09.2017

No. of Accounts

Amt. disbursed

No. of Accounts

Amt. disbursed

91 1303 219 1859{Bank wise progress is as per Annexure-18(i)} (Page-139)

Member Banks are requested to take steps and ensure to cover maximum beneficiaries under PMAY scheme for MIG.

Item No. 24 Implementation of Direct Benefit Transfer in the State of Punjab.

A meeting under the chairman ship of Additional Chief Secretary, Governance Reforms was held on 12.10.2017 to discuss the matter regarding implementation of Direct Benefit Transfer (DBT) system in all concerned department of the State. After detailed deliberations the following important decisions were taken:-


Finance department will prepare department-wise list of DBT schemes and will take necessary steps for on boarding of their DBT schemes and for further digitization of beneficiaries data.

The concerned department shall ensure seeding of Aadhaar numbers and mobile numbers in the beneficiaries data as well as in the bank accounts by 31.12.2017 in order to weed out ineligible beneficiaries.

As far as creation and cleansing of beneficiaries data is concerned, it is the prime responsibility of the concerned department to verify and authenticate the same. Banks are required to extend their full support and cooperation for the same.


Item No. 25

Aadhaar Based Jeevan Praman Patra (Digital Life Certificate)-Appointment of banks as facilitators.

“Jeevan Praman” (Digital Life Certificate Portal) developed by Department of Electronics and IT, Ministry of communications and I.T. Government of India uses Aadhaar Platform for biometric authentication of the Pensioner. The pensioners can biometrically authenticate their presence by giving Aadhaar Number, Pension Payment Order Number, Bank Account Number and Mobile Number.


Department of Electronics and IT, Ministry of communications and I.T. Government of India has appointed banks for facilitating Aadhaar Based Jeevan Praman Patra (Digital Life Certificate) at any of their branches and Bank Mitra locations. Now banks can work as Facilitation Centre on the lines of around 40000 citizen service centres (CSCs) presently run by UIDAI for collecting and receiving Aadhaar Based Jeevan Praman Patra from Pensioners of Central Civil, Defence, Railways, Postal, EPFO etx. and other pension sanction authorities including State Government Pensioners.

The State Government has already issued amendment to procedure of pension payment regarding acceptance of Aadhar Bio-Metric authenticated life certificate recorded on Jeevan Parman website (www.jeevanparman.gov.in).

Member banks are requested to ensure that banners have been displayed in all the branches of their bank and pensioners be sensitized through SMS, phone calls or print media for popularizing the enrolment for submission of Digital Life Certificates as November is the month when Life Certificates are submitted.

As per the information received from Ministry of Personnel Pension & grievences, 50730 pensioners have submitted digital life certificates upto 30.09.2017. Banks which are not compliant for submission of Aadhaar Based Jeevan Praman Patra (Digital Life Certificate) are again requested to take steps for ensuring that the system of submitting Digital Life Certificate is operative in their bank. The Bank wise position is as per Annexure-19. (Page-140)

Banks whose Digital Life Certificates are pending for verification are requested to take steps to rectify the same. All the member banks are requested to sensitize the pensioners for submitting the Aadhaar Based Jeevan Praman Patra (Digital Life Certificate).


http://www.jeevanparman.gov.in/

Item No. 25(i)

Jeevan Praman Patra (Digital Life Certificate)-Implementation in the State of Punjab.

Directorate of Pensions and Welfare of Pensioners, Govt. of Punjab has desired to implement and monitor Jeevan Praman Patra in the State of Punjab. Further, the necessary MIS in respect of Digital Life Certificate can be generated on NIC portal for which Convener Bank as well as the State Government has taken up with Director(Technical) NIC for doing the needful for monitoring of Digital Life Certificate.

During the deliberations in the 3rd Steering committee meeting to SLBC held on 06.11.2017, Director, Pensions and Welfare of pensions department showed his concern for slow progress in submission of Jeevan Praman Patra by the pensioners. He requested the member banks that since life certificates has to be submitted in the current month so pensioners be sensitized for submission of Digital life certificates.

The representative of the Pensions and Welfare of Pensions is requested to deliberate and appraise the house the latest position.

Item No. 25(ii)

Expansion of BC network

Department of Financial Services, Ministry of Finance, Govt. of India, in a video conference held on 21.06.2017 on Financial Inclusion has desired to collect data in respect of the area which have an average number of households served per branch/BC ratio of more than 1500 households in order to deploy BC agents in non SSA areas wherever required.

After the identification of additional BC required to be deployed in non-SSA areas wherever required, the data is required to be uploaded on DFS portal by the banks. Path of the report is FIPLAN bank login>PMJDY Banking data> no. of accounts & additional BCs.


Lead District Managers of the concerned districts were requested to identify the centres where additional BC are required to be deployed in non-SSA areas. As per the reporting by LDMs and complied at SLBC, no additional BCs are required to be appointed in the state.

AGENDA ITEMS FOR PERFORMANCE OF BANKS IN KEY BUSINESS PARAMETERS IN THE STATE OF PUNJAB

Item No.26 Progress under Debt Swap Scheme.

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

The progress achieved up to Sept.-2017 is as follows:-(Amount ` in Lakh)

Institution Target for Debt Swap

(3% of Agriculture)

Achievementup to Sept.17

%ageAchievement

Public Sector Banks 191427 38037 20%Pvt.Sector Banks 48104 5165 11%RRBs 18788 10668 57%Coop. Bank 83039 21221 26%

Total 341357 75091 22%(Bank-wise progress is as per Annexure-20{Page -141)

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


The House may deliberate.

Item No. 27 Review of Performance of Banks (excluding Coop. Banks) in key areas relating to Deposits, Advances & Priority Sector Advances.

The comparative position of key banking parameters is given below:-

(Amount ` in crore)Parameter

As At VariationSept2015

Sept2016

Sept2017

Sept 2016/ Sept 2015

Sept 2017/ Sept 2016

Absolute %age Absolute %age

Branches 5838 6186 6306 348 5.96 120 1.93Agg. Deposits

279037

313460

339526 34423 12.33 26066 8.31

Advances 205962

210686

230600 4724 2.29 19914 9.45

PS Adv. 116075

122837

134433 6762 5.82 11596 9.44

Agri. Advances

62616 70614 77141 7998 12.77 6527 9.24

Adv. to MSE

49734 47847 63663 -1887 -3.79 15816 33.05

Weaker Sector Adv.

40296 47256 41509 1062 2.71 -5747 -12.16

(Bank-wise position is given in Annexure-21&21(i-iii) {Page No.142-145}


Item No.27(i)

Branch Expansion

120 new branches of Commercial Banks were opened in the State during the period from 1st Oct. 2016 to 30th September 2017, thus raising the network of branches from 6186 as at Agenda papers of 142nd Meeting of SLBC-Punjab

1stOct.2016 to 6306 as at 30thSeptember 2017. Area wise analysis is summarized below:-

Number of Branches

As At VariationSept.2015

Sept.2016

Sept.2017

Sept.2016/Sept 2015

Sept.2017/

Sept 2016Absolute Absolute

Rural 2528 2656 2612 128 -44Semi Urban

1788 1874 1919 86 45

Urban 1522 1656 1775 134 119Total 5838 6186 6306 348 120

Observations

During the review period, there is decrease in number of branches in rural areas of Punjab was of the order of 44. The decrease is on account of change of nomenclature of 62 branches of Punjab & Sind Bank which was corrected while reporting the data for June-2017.

This is followed by Semi-urban areas, which registered an increase of branches to the tune of 45

Whereas the increase of branch network in urban areas was 119.

This is for information of the House.

Item No. 27(ii)

Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by `26066 crore, from ` 313460 crore as at September 2016 to ` Agenda papers of 142nd Meeting of SLBC-Punjab

339526 crore as at September 2017, thus posting a growth of 8.31% as against an increase of 12.33% during the corresponding period last year.

(Amount ` in Crore)

Aggregate

Deposits

As At Variation

Sept.2015

Sept.2016

Sept.2017

Sept. 2016 / Sept. 2015

Sept. 2017 / Sept. 2016

Absolute

%age Absolute

%age

Rural 64375 72392 82905 8017 12.45 10513 14.52Semi Urban

87944 98664 101804 10720 12.18 3140 3.18

Urban 126718 142404 154817 15686 12.37 12413 8.71Total 27903

7313460 339526 34423 12.33 26066 8.31

Observations

During the review period, the bank deposits have registered a growth of 8.31%, deposits in urban areas have increased by 8.71%, in semi urban area have gone up by 3.18% and in rural areas the deposit growth is 14.52%.


Item No. 27(iii) Credit Expansion


Gross credit in the State increased by ` 19914 crore, from ` 210686 crore as at September 2016 to ` 230600 crore as at September 2017, thus exhibiting a growth of 9.45 % as against 2.29% during the same period last year.

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

Total Advance

s

As At VariationSept.2015

Sept.2016

Sept.2017

Sept. 2016 /Sept. 2015

Sept. 2017 /Sept. 2016

Absolute

%age

Absolute

%age

Rural 38212 35888 48700 -2324 -6.08 12812 35.69Semi Urban

58716 64397 65729 5681 9.67 1332 2.06

Urban 109034

110401

116171

33667 30.87 5770 5.22

Total 205962

210686

230600

4724 2.29 19914 9.45

Observations

During the review period, there is growth of 5.22% in advances in urban areas and 2.06% in Semi urban Areas and in rural areas there is growth of 35.69% respectively.


Item No.27(iv) Position of ATMs

The position of installation of ATMs as on 30.09.2017 is as under:-

ATMs as on

30.06.17

ATMs opened during

ATMs Closed during

Total ATMs as on

30.09.2017

No. of off

Site

No. of on site


quarter the quarter

ATMs ATMs

8298 106 221 8183 2256 5927(Bank-wise position is given in Annexure-21(iv)) {Page No.146}

Total number of ATMs in the State of Punjab registered a decline of 115 and stood at 8183 out of which 2256 are offsite and 5927 are on site.


Item No. 24 (v ) Overall CD Ratio

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

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

Period CD Ratio % VariationSeptember 2015 74.80September 2016 68.32 -6.48September 2017 68.92 +0.60

(Bank-wise CD Ratio as at Sept. 17 is as per Annexure-22 {Page 147} (District-wise CD Ratio as at Sept. 17 is as per Annexure-22(i) {Page 148}.

Observations:-

During the period under review overall CD Ratio of Commercial Banks for the State of Punjab increased from 68.32% as at


Sept.-2016 to 68.92% as at Sept.-2017 thereby showing an increase of 0.60PPs.

The House may review the overall CD Ratio.

Item No. 27 v (i)

CD Ratio - Rural Areas

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

(Amount ` in crore)Period Rural Variation

PPsDeposit Advances CD Ratio %

Sept. 2015 71376 45847 64.23 NASept. 2016 80020 43418 54.26 -9.97Sept. 2017 91097 56877 62.44 +8.18

Observations:

During the review period, the CD Ratio of Rural areas has increased by 8.18 from 54.26% as at Sept-16 to 62.44% as at Sept-17..


Item No. 27 v (ii) CD Ratio - Semi Urban Areas

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

(Amount ` in crore)Agenda papers of 142nd Meeting of SLBC-Punjab

Period Semi Urban VariationPPsDeposit Advances CD Ratio

%Sept. 2015

94687 62602 66.11 -1.12

Sept. 2016

103426 68462 66.19 +0.08

Sept. 2017

106859 69549 65.08 --1.11

Observations: During the review period, the CD Ratio of Semi Urban areas has decreased by 1.11 PPs from 66.19 % as at Sept-16 to 65.08% as at Sept.-17.


Item No.27 v (iii) CD Ratio - Urban Areas

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

(Amount ` in crore)Period Urban Variation

PPsDeposit Advances CD Ratio%

Sept. 2015

126061 110073 87.31 -5.37

Sept. 2016

144232 111977 77.63 -9.68

Sept. 2017

166153 117640 70.80 -6.83


Observations:

During the review period, the CD Ratio of Urban areas has decreased by -6.83 PPs from 77.63% as at Sept.-16 to 70.80% as at Sept.-17.


Item No. 27 v (iv)

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

NABARD has provided resource support of ` 2430.99 crores up to Sept- 2017 to Punjab Government under RIDF for development of infrastructure. When this amount of RIDF is added to the credit provided by banks and the CD Ratio is calculated on the basis of Credit Utilization (Cu) + RIDF, the same works out to be 68.63%.

Item No. 27 v (v) Credit plus Investment to Deposit Ratio

Investments made in the State Govt. bonds by the banks to the tune of ` 4023 crore when added to the credit provided by banking system in the State and the flow of credit has gone up to ` 234623 crore. For the period ended Sept.-2017 the “Credit plus Investment to Deposit Ratio” is as follows:-

(Amount ` in crore)Deposits Advances plus investments in

State Government Bonds(C+I)/D Ratio

339526 234623 69.10


(Detail of investment in securities & Bonds as per Annexure-23) {Page 149}

Item No. 27 v (vi) CD Ratio of Financial System

The CD Ratio of Financial System after inclusion of Deposits & Advances of the Cooperative Banks, Punjab Agriculture Land Development Banks and Financial Institutions comes to 69.79% as per detail given as under:-

(Amount ` in crore)S.No.

Particulars Deposits

Advances

CD Ratio

1 Commercial Banks/RRBs.

339526 230600

67.92

2 Including Cooperative Banks

354110 244067

68.92

3 Including Punjab Agri. Dev. Bank*

354110 246895

69.72

4 Including Financial Institutions**

354110 247137

69.79

{*Advances PADB (` 2828 Crores ) **Financial Institutions PFC (` 97.19 crore), PSIDC (` 144.46 Crore).}

Item No. 27 (vi)

Priority Sector Advances

During the period under review, Priority Sector Advances in Punjab grew by ` 11596 crore, from ` 122837 crore as at Sept. 2016 to ` 134433 crore as at Sept.-2017 thus showing a growth of 9.44% as against an increase of ` 6762 crore or 5.82% during the corresponding period previous year.

The share of incremental PS advances to incremental advances during the period under review is 58%.


Item No. 27 (vii) Agriculture Advances

The Agriculture Advances in the State during the period under review witnessed an increase of ` 6527 crore, from ` 70614 crore as at Sept-2016 to `77141 crore as at Sept-2017 thus showing a growth of 9.24 % as against an increase of ` 7998 crore or 12.77% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 33%.

Out of the total Agriculture advances of `77141 crores term loan component is `16917 crores which comes to 21.92% (Bank wise detail is at Annexure 35{Page -178}

Item No. 27 (viii)

Advances to Micro, Small & Medium Enterprises (MSMEs) in Priority Sector.

The advances to Micro & Small Enterprises during the period under review registered an increase of ` 15816 crore, from ` 47847 crore as at Sept-2016 to `63663crore as at Sept.2017, thus showing a increase of 33.05% as against an decrease of ` 1887 crore or 3.79% during the corresponding period previous year.

Item No.27 (ix) Advances to Weaker Sector

During the period under review, the advances to Weaker Sector decreased by ` 5747 crore, from ` 47256 crore as at Sept.-2016 to ` 41509 crore as at Sept.-2017, thus registering a negative growth of 12.16% as against an increase of ` 6960 crore or 17.27% during the same period last year. Agenda papers of 142nd Meeting of SLBC-Punjab

Item No. 28 Review of National Goals

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

The comparative position of National Goals in the State is given below:-

Sr. No

Particulars Goal %

%age Position as onSept2015

Sept2016

Sept2017

a) Priority Sector Adv. to Net Bank Credit

40 57.27

61.46

65.45

b) Agriculture Adv. to Net Bank Credit

18 32.73

37.13

39.37

c) Small & Marginal Farmers 7 10.57

15.03

15.07

d) Micro Enterprises 7 8.63 8.43 12.18e) Export Credit 2 0.33 0.65 0.34f) Weaker Sector Adv. To Net Bank

Credit10 18.1

321.6

321.09

g) CD Ratio (Rural) 60 66.11

54.26

62.44

h) CD Ratio (S-Urban) 60 64.23

66.19

65.08

i) Women Beneficiaries Advances to NBC

5 7.02 8.21 7.96

[Bank-wise performance under National Goals a Annexure-24 & 24(i) {Page 150-151].

Observations: The ratio of Priority Sector Advances to Net Bank

Credit as at Sept.2017 stands at 65.45% as against National Goal of 40%.


The share of Agriculture Advances to Net Bank Credit, as at Sept.2017 is 39.37% against the National Goal of 18%.

The share of Small and Marginal Farmers to Net Bank Credit, as at Sept.2017 is 15.07% against the National Goal of 7%.

The share of Micro Enterprises to Net Bank Credit, as at Sept.2017 is 12.18% against the National Goal of 7%.

The share of Export credit to Net Bank Credit, as at Sept.2017 is 0.34% against the National Goal of 2%.

The advances to Weaker Sector are 21.09% of Net Bank Credit, as against National Goal of 10%.

The CD Ratio of Rural area is 62.44% against the national goal of 60%.

The CD Ratio of Semi Urban area is 65.08% against the national goal of 60%.

The advances to Women Beneficiaries constitute 7.96 % of Net Bank Credit, against the National Goal of 5%.


Item No. 29 Education Loan achievements.

The performance of Scheduled Commercial Banks as on 30.09.2017 forthe financial year 2017-18 is as under:-

(Amount` in Crore)

Year Accounts Balance O/S

IncreaseAbsolute %age

Sept.2015 35808 1330.56 171.56 14.80Sept.2016 33247 1251.53 -79.03 -5.93Sept.2017 31005 1324.76 73.23 5.85

(Bank-wise position as at Sept. 2017 is as per Annexure-21) {Page 125}.

There is a growth of ` 73.23 crores on year to year basis in education loan. The same has increased from ` 1251.53 crores as on Sept 2016 to ` 1324.76 crores as on Sept.2017. Agenda papers of 142nd Meeting of SLBC-Punjab

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

Item No. 29(i) Progress of Education loans to Women Students.

(Amount `in Crore)

Total Amt. advanced during the quarter

Out of which advances to women student during the quarter

% of advances made to women student

No. of account

Amount No. of account

Amount No. of account

Amount

2338 90.68 762 59.43 32.59 65.53 (Bank-wise position as at Sept. 17 is as per Annexure-25 {Page 152}

During the quarter ended Sept.-17, the banks in the State of Punjab have made 2338 education loans amounting to ` 90.68 crores, out of which 762 loans amounting to `59.43 crores have been made to female students. The percentage of loans advanced to women comes to 32.59% & 65.53% respectively for number of accounts and amount.

This is for the information of the House.

Item No. 29 (ii)

Collateral Free Education Loans & Position of NPA.

As per RBI guidelines the banks are required to grant collateral free education loan upto 4 lacs. Implementation of the guidelines of RBI is emphasized in each meeting of SLBC. The relevant data in this regard for quarter ended Sept-17 is placed below:-Agenda papers of 142nd Meeting of SLBC-Punjab

(Amt . in ` Crore)Number of Education

Loan accounts

outstanding

Amount of Education

Loan outstandin

g

Out of 2, NPA

outstanding

%age of NPA under Education

Loan

Out of 2 educatio

n loan granted

collateral free

Out of 5, NPA out

of collatera

l free loans

%age of NPA in

collateral free

accounts

1 2 3 4 5 6 731005 1324.76 5279 3.99 443.81 31.58 7.11%

(Bank-wise detail as per Annexure-25(i) {Page 153}.

It is observed that NPA in collateral free loans is more than the accounts having collateral security.

The House may discuss.

Item No. 30

Advances to Minority Communities.

The comparative position is given below:-

(Amount ` in Crore)MinorityCommunity

Sept. 15 Sept.16 %ageGrowthSept.1

6/ Sept.1

5

Sept. 17 %ageGrowthSept.17/ Sept.16

A/Cs Amt. O/S

A/Cs Amt. O/S

A/Cs Amt. O/S

Muslims 19616 421.43 19076 519.25 23.21 23036 1061.32

104%

Christians 8245 157.98 9367 184.25 16.62 9381 244.22 32%Budhists 249 17.93 364 19.71 9.92 826 22.62 14.76Zoroastrians 220 3.99 0 0 0 0 0 0Jains 2504 829.07 3486 1309.7

357.97 2736 1164.4

5-11.09

Total 30834 1430.41 32293 2032.94

42.12 35979 2492.61

22.61

(Bank-wise position as at Sept. 2017 is as per Annexure-26 {Page 154}.

The overall advances to minority communities have registered an increase of ` 459.67 crore, from ` 2032.94 crore as at Sept.2016 to `2492.61 crore as at Sept.2017, thus showing a growth of 22.61%.


During the quarter ended Sept -2017, banks disbursed advances to the tune of ` 187 crore to borrowers belonging to minority communities. The bank-wise position is given as per Annexure 26(i). {Page 155}


Item No. 30(i)

Advances to Women Beneficiaries

(Amount ` in Crore) Year Account

sAmt. O/S Increase %age to

Net Bank Credit

Absolute

%age

Sept. 15 524583 15595.42

4762.08 43.95

Sept. 16 563353 17344.01

1748.59 11.21 8.23

Sept. 17 587364 17161.02

-182.99 -1.05 7.44

(Bank-wise position as at Sept-2016 is as per Annexure-26(ii-iv) {Page 156-158}.

The overall advances to women beneficiaries witnessed a decrease of ` 182.99 crore from ` 17344.01 crore as at Sept.-2016 to ` 17161.02 crore as at Sept.-2017, thus registering a negative growth of -1.05%. However there is increase of `851 crores from the June-2017quarter as advances to women beneficiaries increased from `16310 crores as on June-2017 to `17161 crores to Sept.-2017.

In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at Sept.2017 stands at 7.44 %, against the target of 5%.

The bank-wise position in respect of advances to women beneficiaries to total advances as at Sept-2017 is given as per Annexure-26(ii-iv) {Page 156-158}.Agenda papers of 142nd Meeting of SLBC-Punjab

During the quarter ended Sept-2017, banks have disbursed loans to the tune of `2907 crore to women beneficiaries. The bank-wise position is given at Annexure-26(v) {Page 159}.

The house may review.

Item No. 30(ii) Advances to SC Beneficiaries

(Amount ` in Crore)Year Account

sBalance

OutstandingIncrease

Absolute

%age

Sept. 2015 180817 3580.68 131.45Sept. 2016 195302 3862.43 281.75 7.86Sept. 2017 175313 3825.24 -37.19 -0.96 [Bank-wise position as at Sept.-2017 is given in Annexure-21(ii) {Page 143}].

The overall advances to SC beneficiaries during the period under review witnessed a marginal decrease of `37.19 crore from ` 3862.43 crore as at Sept.-2016 to `3825.24 crore as at Sept.-2017, thus showing a decline of -0.96%. However there is increase of `34.33 crore on quarter to quarter basis as the same was `3790.91crores as on June 2017.

The House may review.

REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES

Item No.31Agenda papers of 142nd Meeting of SLBC-Punjab

Review of Govt. Sponsored Schemes & Programmes

Item No.31 (i)

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

It has been informed by Rural Development Department, Govt. Of Punjab, that SGSY scheme has been merged with NRLM. The scheme is being implemented in 40 blocks of all the 22 Districts. The cumulative performance is as under:-

Position of Self Help Groups under NRLM

Target of (New+Revived)

SHG

No. of SHGs formed in the 2nd

quarter 2017

Cumulative position as at 30.09.2017

5215 695 5427

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

Item No.31 (ii) Position of Women Self Help Groups under NRLM

A major thrust of the Mission in the Deendayal Antyodaya Yojana-National Rural Livelihoods(DAY-NRLM) has been to develop and diversify livelihoods of poor women through bête access to Bank credit. Programmes for Skill Development of Agenda papers of 142nd Meeting of SLBC-Punjab

women and support for individual beneficiary schemes for livelihoods are undertaken to enable a larger demand for economic activity through Bank credit.The progress as on 30.09.2017 is as under:-

Position of Women Self Help Groups.No of Women SHG as on 30.06.2017

Women SHGs formed during the

quarter

Cumulative position as on 30.9.2017

Saving

Linked(Nos.)

Credit Linked(Nos.)

Amount Disburse

d(In Lacs)

Saving Linked(Nos.)

Credit Linked(Nos.)

Amount Disburse

d(In Lacs)

Saving Linked(Nos.)

Credit

Linked

(Nos.)

Amount Disbursed (In Lacs)

2668 336 342.07 326 146 150.55 3288 511 492.62

Member Banks/LDMs are requested to give more thrust on formation of women SHGs and for extending bank credit to women SHGs.

Item No.31(iii)Prime Minister Employment Generation Programme (PMEGP).

KVIC has informed the following progress under PMEGP for the year 2017-18 up to 30.09.2017:-

Particulars KVIC KVIB DIC TotalRural Urban

Target No. of Projects

1238 1238 825 825 4126

Margin 2454.6 2454.6 1636.43 1636.43 8182.11Agenda papers of 142nd Meeting of SLBC-Punjab

Money(Rs. in Lakh)

3 2

Employment 9900 9900 6600 6600 33000ProgressCases Sanctioned

119 102 333 554

Margin Money Released

396.32 298.19 680.56 1375.07

EDP Training undergone

53 83 216 352

Employment Generated

752 1056 3032 4840

Observations:

A sum of ` 1375.07 lakhs has been disbursed as margin money in the 554 cases disbursed upto 30.09.2017. 4840 unemployed youth have been provided employment.

The Targets for the financial year 2017-18 has been revised by KVIC and District wise targets are attached as per Annexure-27. (Page-160) During the deliberations in the 3rd Steering Committee meeting to SLBC held on 06.11.2017,the representative of the department requested the banks to dispose off the applications within the time frame fixed by RBI. State Director, RSETI pointed out that inspite of imparting training to the applicant the portal shows that the case as pending for training. The representative of the department requested him to escalate the issue in writing so that same be forwarded for making necessary changes in the portal. Further the representative of the department informed the house that there is huge gap in the cases sanctioned and the cases disbursed. Shri P S Chauhan, General Manager, PNB and convener SLBC showed his concern for the gap between cases sanctioned and disbursed and requested the concerned banks to disburse the cases already sanctioned immediately. Member banks were Agenda papers of 142nd Meeting of SLBC-Punjab

requested to advise their field functionaries to dispose the pending applications on merits within the time frame fixed by Reserve Bank of India.

The representative of KVIC/KVIB/DIC may deliberate and apprise the house about the expectation of the department and the latest position in the matter.

Item No.31(iv) On line e-Portal of PMEGP Scheme.

As per directives, all the applications received under PMEGP must be entered in the e-portal and only those applications will be entertained which will be entered in the e-portal. The procedure for entering the applications is as under:-

1. Open the website "www.kvic.org.in"2. On home screen click on "PMEGP"3. On PMEGP e-portal, Click on "bank login"

link given on right corner.4. Enter IFSC Code of branch as USER ID.5. Enter email ID of the branch as PASS

WORD. 6. SUBMIT

Branch will receive the one time pass word within one day and after that all applications received under PMEGP must be entered in this portal. Convener bank has already conveyed these instructions to all the member banks and have requested to reiterate the same among the branches of their bank and instruct them for meticulous compliance of the same.

For any technical support send mail to [email protected] from your branch email id with IFSC code, branch name, contact person name, designation and contact number.


mailto:[email protected]

http://www.kvic.org.in/

Member banks are again requested to ensure to reiterate these instructions among the branches of their bank for compliance and take steps for activation of portal.

Item No.31(v) National Urban Livelihoods Mission (NULM)

Government of India has restructured the SJSRY scheme to National Urban Livelihoods Mission (NULM), which is applicable to cities with population of 1 lac or more and all the District Head Quarter Towns/Cities whether its population of less than 1 Lac as per the census of 2011.In the State of Punjab only 26 town/cities will be covered. Further under NULM only the interest subsidy will be given to the beneficiaries for setting up Micro Enterprises. The interest subsidy will be given over and above the 7% interest. There is no capital subsidy for any project (Individual or Group). The Bank-wise/District-wise targets are as per Annexure-28 (Page-161-163). The progress under the scheme is as under:-

Targets of loan disbursal for FY 2017-

18

Number of ApplicationsReceive

dApplication

RejectedSanction

edPending

with banksAmount

Disbursed ( in lacs)

SEP(I) 200 592 37 196 359 209.97

MUDRA 1200 430 120 310 0 274.45

TOTAL 1400 1022

157 506 359 484.42

Member banks are requested to dispose off the applications on merits within the time schedule fixed by Reserve Bank of India.

During the deliberations in the 141st meeting of SLBC held on 10.08.2017, member banks were requested to send a communication to all the branches for disposing the pending applications on merits within the time frame fixed by Reserve Agenda papers of 142nd Meeting of SLBC-Punjab

Bank of India. Further LDMs to ensure to review the position in each DCC/DLRC meeting.

State Director, RSETI informed the house that RSETIs are providing training to the candidates of NULM scheme, but no assistance is provided by the department. The representative of SUDA assured the house to look into the guidelines in the matter and inform the convener bank in this respect.

The representative of department of NULM is requested to apprise the house latest positon in the matter please.

Item No.31(vi) Convergence of SEP component of DAY-NULM and Pradhan Mantri Mudra Yojana (PMMY).

Ministry of Housing & Urban Poverty Alleviation vide their letter dated 08.08.2017 has informed that operational guidelines of the SEP component were amended by stating that:

“Banks may directly accept the loan applications of urban poor beneficiaries on the basis of relevant document as per the guidelines of PMMY or any other such scheme without the need of having prior sponsoring from ULBs. The banks can send details of such loans sanctioned by them to ULBs for confirmation of their eligibility for interest subsidy under DAY-NULM. On confirmation of their eligibility, interest subsidy may be claimed form ULBs on the pattern of interest subsidy claim for beneficiaries sponsored by ULBs.”

Member banks are requested to note the above instructions of Ministry of Housing & Urban Poverty Alliviation and dovetail the SEP component of DAY-NULM with Pradhan Mantri Mudra Yojana (PMMY).

Banks are also requested to ensure the timely submission of the claims for Interest Subsidy and its


receipt from the ULBs for the benefit of the scheme beneficiaries and to avoid any future litigation in future.

Item No.31(vii) Prime Minister’s 15 Point Programme for Minorities-Fixing of Physical targets under DAY (NULM)

Ministry of Housing & Urban Poverty Alleviations vide their communication dated 12.06.2017 has informed that Deen dayal Antyodaya Yojana-National Urban Livelihoods mission ( DAY-NULM) is one of the schemes covered under Prime Minister’s 15 Point Programme for Minorities. As per the guidelines of Prime Minister’s 15 Point Programme for minorities, a minimum of 15% of the physical targets have to be earmarked for minorities in every financial year.

The achievement of physical targets for minorities is at least to the extent of their population in the State. However, it must be ensured that at least 15% of achievements are of minorities. The Physical target during 2017-18 under DAY-NULM for the State of Punjab is as per Annexure-28 (Page-161-163). The performance under the scheme is as under:-

Employment through skills training & Placement

(EST&P)

Self Employment Programme (SEP)

Social Mobilization & Institution

Development (SM&ID)

No. of minority

beneficiaries to be

imparted skill training

Minority placement

target

No. of minority beneficiaries to be assisted for setting up of individual and group

micro enterprises.

No. of minority beneficiaries in SHGs to be covered under

SHGs Bank Linkage.

No. of minority beneficiaries to be

covered under SHGs formed.

1500 1050 638 3710 21000

Member banks are requested to ensure that at least 15% of achievements under DAY-NULM are of minorities for achievements of the consolidated targets fixed for the State.


Item No.32

Micro Financing – Self Help Groups

The summary of progress made in implementing the concept of Self Help Groups both under the Scheme of SGSY and Normal Lending up to 30.09.2017 is given below:-

SHGsAs on 31.03.2017

SHGsAs on 30.09.2017

Gap between

SHG formed & credit

linked as on 30.09.2017

From 01.04.2017up to 30.09.2017

No. of SHGs

formed

No. of SHGs credit linked

No. of SHGs

formed


No. of SHGs

formed


39021

27190

40010

27550

12460 989 360

(District-wise Progress is as per Annexure-29 {Page 164}

Observations:

Up to 30.09.2017, 40010 Self Help Groups were formed out of which 27550 Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 12460. During the current financial year 989 groups have been formed up to September 2017.

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

The House may deliberate.

Item No.32(i)

Joint Liability Groups- Financing of Joint Farming Groups of ‘Bhoomi Heen Kissan’.


In view of the Union Budget announcements on financing five lakh joint farming groups of ‘Bhoomi Heen Kissan’ targets on Financing of Joint Liability Groups of ‘Bhoomi Heen Kissan’ were allocated by NABARD. The summary of progress made in implementing the concept of Joint Liability Groups up to 30.09.2017 is given below:-

JLG Financed upto

31.03.2017

Target JLGs Financed during

q.e.Sept.2017

Total JLGs Financed

Up to 30.09.2017

24005 6400 1613 25618(District-wise performance is attached as per Annexure-29(i) {Page 165}

Member banks are again requested to reiterate guidelines to their branches on financing of JLG for farm sector and non farm sector activities and monitor the branch wise progress in financing of JLG on monthly basis.

Item No. 33

Annual Credit Plan 2017-18.

Item No. 33(i) Annual Credit Plan 2017-18 Achievements up to 30.09.2017

The achievement under Annual Credit Plan (2017-18) up to September-2017 is given below:-

(Amount ` in crore)Sector ACP 2016-17 up to

Sept. 2016ACP 2017-18 up to

Sept. 2017Targets

Ach. % Ach.

Targets

Ach. % Ach.

Agriculture 50879 42643 92 56537 38348 68NFS (MSME) 18899 12896 99 17820 15005 84


Other Priority Sector

6892 7699 73 18602 6172 33

Total 84935 62431

91 92959 59525

64 District-wise & Bank-wise disbursement under ACP Annexure-30 & 30(i) {Page 166-173}

District-wise & Bank-wise Targets vis-à-vis Achievements under ACP Annexure-31 &31(i) {Page 174-175}

As against targets of `56537 crore of Agriculture under Annual Credit Plan, Banks have disbursed loans to the order of ` 38348 crore. The percentage achievement works out to 68%.

Banks disbursed loans amounting to `15005 crore against the target of `17820 crore set forth for NFS (MSME). The achievement comes to 84%.

Banks disbursed loans to the tune of `6172 crore under Other Priority Sector against the target of `18602 crore. The achievement comes to 33%.

District wise Analysis

The perusal of district-wise progress up to Sept-2017 under ACP 2017-18 is given at Annexure-30(i) {Page 170} which reveals as under:-

The overall targets have been exceeded in 5 districts i.e. Faridkot, Kapurthala, Muktsar, Pathankot & Tarn Taran and missed by varying margins in other districts.

The targets under Agriculture Sector have been achieved in 3 districts i.e. Faridkot, Kapurthala & Taran Tarn and missed by varying margins in other districts.

The targets under MSME Sector have been exceeded in 8 Districts i.e. Bathinda, Fatehgarh Sahib,Gurdaspur, Hoshiarpur, Kapurthala, Mohali, Muktsar, & Pathankot and missed by varying margins in remaining districts.


The targets under Other Priority Sector have been achieved in 3 Districts i.e. Gurdaspur, Muktsar & Pathankot and missed by varying margins in remaining districts.

Agriculture Activities.

As against target of ` 32242 crore under agriculture sector, Commercial Banks, have disbursed loans amounting to ` 21573 crore. The achievement works out to 67%.

As against target of ` 8017 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to ` 7247 crore. The achievement works out to 90%.

As against target of ` 3131 crore under agriculture sector, RRBs have disbursed loans amounting to `3233 crore, thus showing achievements of 103%.

As against target of `13146 crore under agriculture sector, Cooperative Banks have disbursed loans amounting to `6295crore, thus showing achievements of 48%.

MSME Sector

As against target of ` 14396 crore under this sector, Commercial Banks have disbursed loans amounting to `9789 crore. The achievement comes to 68%.

As against target of ` 3023 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 5047 crore. The achievement comes to 167%.


As against target of ` 132 crore under this sector, RRBs have disbursed loans amounting to `102 crore. The achievement comes to 77%.

As against target of ` 269 crore under this sector, Cooperative Banks have disbursed loans amounting to `67 crore. The achievement comes to 25%.

Other Priority Sector

As against target of `13935 crore under this sector, Commercial Banks have disbursed loans amounting to `5103 crore, the achievement comes to 37%.

As against target of ` 3447 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 606 crore, the achievement comes to 18%.

As against target of ` 153 crore under this sector, RRBs have disbursed loans amounting to ` 62 crore, the achievement comes to 40%.

As against target of ` 1065 crore under this sector, Cooperative Banks have disbursed loans amounting to ` 401 crore, the achievement comes to 38%.

The house may review the progress.

Item No. 34 NPA in Agriculture Sector

The position of NPAs under Agriculture Loans in the State of Punjab as on 30.09.2017 is given as under:-

(Amount ` in Crore)

Outstanding under

Agriculture Loans

NPA under Agriculture

loans

%age of NPA to Agri.

advances

Total Advance

s

%age of

NPA to

total advan

ces

No. of Account

s

Amt. No. of Account

s

Amt.


3099680 88122

135218 6334

7.19 244067 2.60

(Bank-wise progress is as per Annexure-33 Page 176)

NPA under Agriculture are to the tune ` 6334 cores which is 7.19% of agriculture advances outstanding and 2.60% of total advances respectively in the State.

NPAs’ under Agriculture sector have increase by Rs.603 crores during the last quarter.

This is for the information of the House. Item No. 35 Ground level Credit data.

The Ground level credit disbursement by the financial institutions in the State of Punjab. The position of disbursement segment wise as on 30.09.2017 is as under. (Amount ` in Crore)

Particular Crop Loans Term Loan Agriculture

Total Agriculture

Targets Achievements



Commercial Banks

31365 23440 10964 5343 42329 28783

RRBs 2660 3004 614 268 3274 3272Coop. Banks 11921 5415 2441 711 14362 6126PADB 192 102 543 66 735 168Total 46139 31961 14562 6388 60700 38349

The Segment wise position is placed as Annexure-34 {Page 177}.

The house may discuss.

Item No. 35 (i)

Agriculture Advances through Term Loan.

The Position of Term Loan to agriculture sector as on 30.09.2017 is as under:-

Outstanding under Agriculture Advances

Outstanding under Term Loan


No. of Accounts

Amount (in Crs)

No. of Accounts Amount (in Crs)

1679839 77141.47 563062 16917.24

Thus Term Loan to agriculture constitutes 21.93% of total agriculture advances. The position is placed as Annexure-35 {Page 178}.


Item No. 36 Solar Powered V-SAT Connectivity to kiosk/Fixed CSPs in the SSAs-Extension of time for installation.

In order to support banks in creating solar powered V-SAT Connectivity to Kiosk/Fixed CSPs in the sub service areas (SSAs), it has been decided by NABARD that banks may complete the process of installation of V-SAT by 31.12.2017 against all existing sanctions. Further, NABARD has desired that banks may also initiate the claim within the above time line and no further extension will be granted under this scheme.

Member Banks are requested to ensure complete the process of installation of V-SAT by 31.12.2017 and initiate filing of claim within the above time line with NABARD.

Item No.37 Solar Pumpset Scheme of Ministry of New Renewable Energy.

As per the directions of Ministry of New Renewable Energy convener bank has requested all the member banks to allocate target of minimum one solar pump per rural branch during


2017-18. The progress of banks in financing solar pump during 2017-18 is as under:-

(Amt `in lacs.)

Target for the F/Y 2017-18

Number of Solar Pump Financed during quarter ending September-2017

Amount Disbursed

since 01.04.201

7

3180 32 66 (Bank-wise detail as per Annexure-36) {Page 179}

Member Bank are requested to take steps for achievement of targets under the scheme.

Item No.38 Farmers’ Club Programme.

The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 30.09.207 is as follows:-

Farmers club target for 2017-18

Farmers Club sanctioned in previous year but yet to be

launched

Cumulative position as on

30.09.2017

25 444 2867


Item No.39 National Horticulture Board &


National Horticulture Mission

The summary of the progress achieved in LOI cases of National Horticulture Board as on 30.09.2017 is as follows:-

(Amount ` in Lacs)

Year LOI Issued

Cases disbursed

Subsidy Released

2013-14 22 21 622.622014-15 50 10 616.702015-16 77 17 702.242016-17 15 43 778.232017-18 76 26 753.71

The House may review the progress.

Item No. 40 Advances to Industrial Sector

Item No. 40(i)

Credit to Micro, Small & Medium Enterprises (MSME)

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

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

20% of total advances to MSE sector should go to micro (manufacturing) enterprises with investment in plant & machinery above `10 lakh and up to ` 25 lakh and micro (services) enterprises with investment in equipment above `4 lakh and up to ` 10 lakh. (Thus 60% of MSE advances should go to micro enterprises). Agenda papers of 142nd Meeting of SLBC-Punjab

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

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

The allocation of 60% of MSE advances to the micro enterprises

Achieve a 10% annual growth in number of micro enterprise accounts. It is further advised that banks should open more SME focused branch offices at different MSE clusters which can also act as Counseling Centers for MSEs. Each Lead Bank of a district may adopt at least one MSE cluster.

(Amount ` in crore)Particulars September-2016 September-2017

Accounts

Amount Accounts

Amount

Micro Enterprises

485443 20661.43 543120 27265.71

Small Enterprises

83611 20561.56 92954 28311.74Micro & Small Enterprises (MSE)

569054 41222.99 636074 55577.45

Share of advances to Micro Enterprises / MSE

Not Applicable

50% Not Applicable

49%

Medium Enterprises (ME)

4320 5305.06 7041 8184.29MSME 573374 46528.05 643115 63761.74 (Bank-wise performance is as per Annexure-37 & 37(i) {Page 180-181}.

Observations


In the State of Punjab, banks have provided credit to the tune of ` 55577.45 crore to 636074 Micro & Small units up to Sept-2017 as against ` 41222.99 crore to 569054 units as at Sept-2016. The annual growth in number of micro enterprises accounts is 11.88% against the target of 10%.

The YoY growth of credit to MSEs is 34.82% against the target of 20%.

The share of advances to micro enterprises to total MSE as at Sept-2016 is 49% against stipulated level of 60%.

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

Item No. 40.i (a)

Financing of New Units

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

The position of financing of New Units up to September-2017 is given below:-

(Amount ` in Crore)Institution Number

of U/SU Branche

s

New SME Units Financed

New SME Accounts Opened

Per Branch

Number Amount

Commercial Banks

3617 36017 6618.38 10


RRBs 77 740 8.88 10Total 3694 36757 6627.26 10

(Bank-wise performance is as per Annexure 37(ii) {Page 182}

Observations:

During the period ended September-2017, 3694 Urban/ Semi Urban branches of banking system in Punjab have financed 66717 new accounts under SME sector.

The per branch new SME account comes to 10 as against annual target of 5 cases per branch.

The performance is satisfactory.

Item No. 40.i (b)

Collateral Free Loans to MSME

The position for the quarter ending September-2017 is summarized below:-

(Amount ` in Lakh)Period New MSEs loans

upto 10 lakhOut of which

collateral free loansQuarterended

No. of units

Amount No. of units

Amount

Sept-2015

25232 66331 21963

Sept-2016

42890 50940 41956 46544

Sept-2017

67968 211142 63826 197729

(Bank wise information is as per Annexure-37(iii) {Page 183}

Banks have provided loans up to ` 10 lakh to 67968 MSE units during the quarter ended Sept-2017, out of which collateral free loans have been provided to 63826 units which means the coverage is 93%.


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

The house may review.

Item No. 40.i (c)

Position of NPA in MSME advances

The relevant data in this regard for quarter ended September-2017 is placed below:-

(Amt . in ` crore)Number of

MSME Loan

accounts outstandin

g

Amount of MSME Loan outstandin

g

Out of 2, NPA

outstanding

%age of NPA

under MSME Loan

Out of 2,

MSME loan

granted

collateral free

Out of 5, NPA

outstanding

%age of NPA

in collete

ral free

MSME

1 2 3 4 5 6 7

643115 63762 5343 8.38 4781 660 1.25

(Bank-wise detail as per Annexure-37(iv) {Page 184}


Item No. 40.i (d)

Review of Growth in MSE Accounts

The relevant data in respect of Commercial Banks for quarter ended September-2017 is placed below:-

(Amt . in ` lacs)MICRO ENTERPRISES

AccountsMICRO & SMALL

ENTERPRISESNo. of

Accounts as on

31.03.2017

New accounts opened

during the Financial year upto

September-2017

% growth in No.

of Account

s

Credit Outstanding

as on 30.09.2017

Credit provided during

the Year upto

Sept.17

% growth

in credit.


501928 78360 16 3919280 683273

17(Bank-wise detail as per Annexure-37(v) {Page 185}

Observations:

During the period under review the Commercial Banks in the State opened 78360 new accounts of Micro Enterprises showing growth of

16 % in the number of accounts opened during this fiscal year.

Banks in the State have provided fresh credit to the tune of `6832 crores to MSE during the period under review, thus showing a growth of 17 %.


Item No. 40.i (e)

Position of Sick MSEs.

The position of sick SME units as at September-2017 is as follows:-

(Amt. ` in Crores)SME units

identified as sick as at

30.09.2017

SME units classified as Units under

nursing

Units where viability

decision yet to be taken

Units Amt. Viable Non viable Units

Amt Units AmtUnits Amt Units Amt.

8440 1739.92 359 20.76 7884 1678.9

9 155 3.06 197 40.18(The bank-wise data is available on Annexure-38{Page 186}


Item No. 40.i (f)

Credit Guarantee Fund Scheme for Micro & Small Enterprises

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

(Amount ` in lakh)Cumulative Coverage

As on

Coverageduring 2017-18

(Upto

Cumulative Position

as at


31.03.2017 September-2017)

September-2017

Accounts Amount Accounts Amount Accounts Amount

61843 324134

4284 24309 66127 348444

(Bank-wise performance is as per Annexure-39) {Page 187}

Observations:

The banks, up to Sept.-2017, have covered 66127 MSE units amounting to ` 348444 lakh under the Credit Guarantee Fund Scheme. In recent financial year, banks have covered 4284 cases under the scheme amounting to `24309 lakh.

The house may review the performance.

Item No. 41 Standing Advisory Committee on MSME-Rationalization of Mortgage Registration Charges.

The 21st meeting of Standing Advisory Committee on MSME held on March 3, 2017 at RBI, Chennai and at action point no. 11 of the said meeting, it has been decided that "IBA to prepare a compendium of mortgage registration charges prevailing in all States and provide it to the SLBC convenor banks so that the committee may take up the matter with their respective State Government for rationalisation of charges."

Convener Bank vide their e-mail dated 18.04.2017 sent the compendium of mortgage registration charges prevailing in all the States/UTs to Director, Institutional Finance & Banking and have requested to take up the matter with concerned department to know the view point of the State Government


for rationalization of Mortgage Registration charges in the State of Punjab.

During the deliberations in the 141st meeting of SLBC held on 10.08.2017, the representative of DIF&B informed the house that this issue was already flagged of by department of Institution Finance & Banking to the Revenue department.

The representative of the Department of Institution Finance & Banking is requested to apprise the latest position in the matter.

Item No. 42 Recovery of Banks' Dues

Item No. 42(i)

Recovery Under Key Parameter of Priority Sector

The comparative position of sector wise recovery of Priority Sector as at September 2017 is given below:-

Sector %age RecoverySept.15 Sept.16 Sept.17

Agriculture 86.48 82.27 61.99Small Enterprises

82.93 67.14 62.64

Education 75.77 69.80 70.40Transport 76.40 59.34 47.68Others PS 88.77 78.85 72.10Total PS 87.01 80.01 63.66

The sector wise demand / recovery & %age recovery as at Sept. 2017 is as follows:-

(Amount ` in crore)

Sector Demand Recovery %age Agenda papers of 142nd Meeting of SLBC-Punjab

RecoveryAgriculture 20500 12709 62%Small Enterprises

4710 2950 63%

Education 340 239 70%Transport 187 90 48%Others PS 4708 3394 72%Total PS 30445 19382 64%

(Bank-wise recovery position is as per Annexure 40 ( Page - 188).

Observations: The overall recovery of PS Advances as at Sept. 2017 is

64% as against 80% as at Sept. 2016, thus showing a decline of 16% PPs.

The recovery under agriculture has decreased by 20.28 PPs from 82.27% as at Sept. 2016 to 61.99% as at Sept. 2017.

The recovery under small enterprises has shown an decrease of 4.50 PPs from 67.14% as at Sept. 2016 to 62.64% as at Sept. 2017.

The recovery under education has shown an increase of 0.60 PPs from 69.80% as at Sept. 2016 to 70.40% as at Sept. 2017.

The recovery under transport has shown an decrease of 11.66 PPs from 59.34% as at Sept. 2016 to 47.68% as at Sept. 2017.

The recovery under Others PS has decreased by 6.75 PPs from 78.85% as at Sept. 2016 to 72.10% as at Sept. 2017.

The House may review the recovery under key sectors of Priority Sector.

Item No. 42(ii)

Recovery Under Government Sponsored Programmes


The comparative position of sector wise recovery of Priority Sector as at September 2017 is as follows:-

Sector %age RecoverySept. 15 Sept. 16 Sept. 17

NRLM 53.60 63.92 45.65PMEGP 31.95 34.92 56.73NULM 42.69 51.65 47.21SHGs 64.69 60.48 53.57

The sector wise demand/ ecovery & %age recovery as at Sept. 2017 is as follows:-

(Amount `in Lakh)Sector Demand Recovery %age

RecoveryNRLM 1983.56 905.44 45.65

PMEGP 2410.02 1367.26 56.73NULM 296.59 140.03 47.21SHGs 813.02 435.50 53.57

(Bank-wise recovery position is as per Annexure 40(i) (Page-189).

Observations:

The recovery under PMEGP has improved over previous year whereas the same has declined in NRLM, NULM &SHGs

The House may review the recovery under Government sponsored schemes. Item NO. 43 Housing Finance- Direct Loans

The comparative position is given below:- (Amount ` in crore)


As at Amount O/S IncreaseAbsolute %age

September 15

13287.48 2392.91

September 16

14330.89 1043.41 7.85

September 17

16679.04 2348.15 16.38 (District-wise position is as per Annexure 41). {Page 190}

Observations:

The outstanding advances under Direct Housing Finance Scheme has increased by Rs.2348.15 crore, from Rs. 14330.89 crore as at September 2016 to Rs. 16679.04 crore as at September 2017, thus showing a growth of 16.38% as against an increase of Rs. 1043.41 crore or 7.85% during the same period last year.

During the half year ended September 2017 banks in the State have granted loans to 12852 beneficiaries amounting to Rs.1075.23 crore under Direct Housing Loan Scheme.

The House may review the progress.

Item No.44 Agricultural Marketing Infrastructure (AMI)-Instructions from Directorate of marketing and Inspection (DMI), Govt. of India.

NABARD has informed that the AMI scheme was open for general category up to 5th August 2014 and for SC/SY beneficiary’s up to 31st December 2016. The advance subsidy claims under AMI Sub scheme in respect of general category beneficiaries and SC/ST beneficiaries were to be submitted to NABARD by 31.12.2015 and 31.01.2017 respectively. As the financial closure of the scheme has to be done in a time bound manner, so it has been decided that:-


For projects where advance subsidy has not been sanctioned but completion period is over, a cut-off date of 15th November 2017 is prescribed for Financing banks for JMI requests along with all necessary document including completion certificates.

If no such requests are received before the cutoff date, it would be assumed that no more projects are pending for JMI with the financing banks.

For the projects which are not completed, banks are advised to submit all necessary documents to NABARD latest by 15th November2017 failing which the proposals of advance subsidy claims will be returned to the concerned bank.

Convener bank has already sent these instructions to all the member banks on 02.11.2017, however member banks are again requested to ensure meticulous compliance of the instructions of NABARD.

Item NO. 45 Yearly Calendar of holding SLBC meetings

Calendar for the year 2017-18 was placed in the 140th meeting of SLBC which was approved by the house. The 143rd SLBC as per the approved calendar is scheduled to be held on 14th

Feburary-2018, (Wednesday).

The schedule of other activities relating to convening of SLBC meetings as conveyed by RBI is reiterated for the information of members as under:-


S.No Activity To be completed by (Date)

1. Preparation of calendar of SLBC meetings and intimation to all concerned of the cut off dates of submission of data and dates of meetings as per dateline given below:-

15th of January every year

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

15 days before the end of the quarter

3. Dead line for receipt of data by SLBC Convener Bank

15 days from the end of the quarter

4. Distribution of agenda cum background papers

20 days from the end of the quarter

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

6. Forwarding the minutes of the meeting to all stakeholders

Within 10 days from the holding the meeting

7. Follow up of action points emerged from the meeting

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

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


Any other issue with the permission of the ChairAgenda papers of 142nd Meeting of SLBC-Punjab

AGENDA ITEMS FOR INFORMATION OF THE HOUSE.

Item No.46 Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to Sept.2017 in Punjab State is as follows:- (Amount ` in Lakh)

Basic Banking Accounts Opened

GCCs Outstanding

Number Amount Number Amount

11772264 736624 194626 358126(Bank wise progress under Basic Banking Accounts is as per Annexure 42)

{Page 191}

(Bank wise progress under issuance of GCCs is as per Annexure 42(i) {Page 192}

Observations-

Banks during the quarter ended September -2017 have opened 487007 “Basic Banking Accounts” having balance of ` 12771 lakh.

Banks during the quarter ended September -2017, banks have issued 13685 GCCs amounting to ` 29551 Lakh.


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

Item No 46(i)

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

Department of Financial Services, Ministry of Finance, Govt. of India advised certain action points with regard to lending under Priority Sector and one of the action point was that each bank will work out a scheme if none exists, for giving Saving cum OD Account to other families which do not have any land and live in the Rural Area. This account should have an OD limit of ` 10,000/- against the personal guarantee of the villager and the villager should be able to use the bank account for Savings or meeting the requirements of consumption purposes on a need based basis and use the OD.

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

Item No.47 Progress of Agro Food Processing Industries.

The performance under the scheme upto q.e. September -2017is as under:-

(Amt. ` in Lacs)Advances made during the quarter September

-2017

Cumulative figuresup to September -2017

No. of Amount No. of A/cs Amount


A/cs889 51173 1718 121202 (Bank wise progress is as per Annexure 43) {Page 193}


Item No.48 Swarojgar Credit Card Scheme

The progress up to September -2017 under the Scheme is as under:-

(Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.)

2500 1000 1500 5000

Pro-rata target 1250 500 750 2500No. of SCCs Issued 65 0 55 120Amount Disbursed 15 0 19 34

(Bank-wise progress is as per Annexure-44) {Page 194}

The analysis of the data reveals that against the quarterly target of 2500 Swarojgar Credit Cards (SCCs), Banks up to September -2017 have issued 120 cards amounting to `34 lacs.

The house may review the progress please.

Item No. 49 Kisan Credit Card (KCC) Scheme Agenda papers of 142nd Meeting of SLBC-Punjab

The progress achieved by banks in implementing Kisan Credit Card scheme up to 30.09.2017 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. ofKCCs

Amount

No. ofKCCs

Amount

No. ofKCCs

Amount

Commercial Banks2006-07 127378 1922.72 126600 1991.76 125885 1968.402007-08 132795 2740.04 132217 2705.51 130283 2610.292008-09 165774 3717.19 165218 3601.61 164644 3536.682009-10 148942 3660.91 147827 3572.18 147453 3562.372010-11 208279 5286.39 196436 5162.14 168840 2477.682011-12 238586 8347.89 237801 8138.17 235003 7930.882012-13 284701 11276.0

1284076 10819.7

4212615 8747.40

2013-14 333958 18662.62

333186 18489.25

293747 14203.93

2014-15 288364 20649.10

288250 19795.64

362032 18218.58

2015-16 347069 21151.50

344281 20133.70

223255 14995.16

2016-17 263828 14839.91

262901 15155.59

318409 14602.41

Since inceptionup to Sept.-17

3398132 124603.67

3317151

121785.57

1237880

58075.66

Cooperative Banks2006-07 33937 205.78 33937 205.78 33937 205.782007-08 35494 601.51 35494 601.51 35494 601.512008-09 18570 157.57 18111 139.62 18111 139.612009-10 16216 749.47 16216 749.47 16216 749.472010-11 22417 332.44 22415 282.78 14241 175.272011-12 8095 149.25 8077 148.87 8075 148.022012-13 17521 239.31 17521 239.31 17521 239.31


2013-14 15804 192.45 15804 192.45 15804 192.452014-15 13840 128.08 13840 128.08 13840 128.072015-16 10357 93.06 10357 93.06 10461 79.252016-17 6428 65.19 6428 65.19 6428 65.19Since inceptionup to Sept.-17

1005450

7895.88 1005428

7845.79 972491 7717.67

Total since inception

4403582 132499.55

4322579

129631.36

2210371

65793.33

(Bank-wise progress up to Sept.-17 is as per Annexure-45) {Page 195}

Highlights

From 1st April 2017 to 30th September 2017, the Commercial Banks have sanctioned 151595 Kisan Credit Cards amounting to `7608.57 crores and disbursement has been completed in 149118 cases to the extent of `7209.76 crores. In addition to this, during the same period, Cooperative Banks have sanctioned 871Kisan Credit Cards amounting to `4.56 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 4403582 farmers amounting to ` 132499.55 crores in the State, out of which disbursement has been made to farmers to the tune of ` 129631.36 crores. On cumulative basis, there are 2210371 outstanding KCCs amounting to `65793.33 crores as at 30.09.2017.


Item No.49(i)

KCC-ATM cum Debit Cards position.


The position of KCC outstanding and the number of ATM Debit Card issued to the KCC holders as on 30.09.2017 is as under:-

KCC outstanding as on Sept.-2017

ATM-cum Debit card issued up to Sept.-2017

No. Of KCC holders without ATM cards.

2210371 1665610 544761(Bank wise position is as per Annexure-45(i) {Page 196}


Item No. 50 Golden Jubilee Rural housing Finance Scheme

The progress achieved under the scheme up to 30.09.2017 is given below:-

(Amount ` in lac)

During quarter endedSept.-2017

Cumulative up toSept.-2017

Sanctioned Disbursed Sanctioned

Disbursed

No. Amt. No. Amt.

No. Amt.

No. Amt.

1149 7837 658 3158 2289

11610

1797

6322

(Bank-wise position is given as per Annexure-46) {Page 197}.

Observations:

During the quarter ended Sept.-2017, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 1149 beneficiaries amounting to ` 7837 lac and disbursement has


been completed in 658 cases to the tune of ` 3158 lac under the Scheme.

This is for information of the members.

Item No. 51

Implementation of Nayak Committee Recommendations

As per Reserve Bank of India guidelines for assessing working capital limits of village, tiny and other SSI units requiring fund based limits up to ` 5 crore, banks have to adopt procedure based on Nayak Committee guidelines, i.e. sanction of working capital limits @ 20% of the projected turnover.

The performance data of banks in implementing Nayak Committee recommendations during the quarter ended Sept.-2017 is given below:-

(Amt. `in crore)

Sr. No.

Particulars Previous quarter ended

June-2017

Current quarter ended

Sept.2017No. Amoun

tNo. Amoun

ta) Loans sanctioned to

SSI8474

405.37 18877 1068

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

8393

390.98 18284 1012

(Bank-wise performance is as per Annexure-47 {Page 198}

Highlights


Durin the quarter ended Sept.-2017, banks have sanctioned loans amounting to ` 1068 crore to 18877 SSI units. Out of these, loans amounting to ` 1012 crore have been sanctioned to 18184 SSI units as per Nayak Committee Norms which constitutes 96% cases. In remaining cases, the borrowers were not willing to avail the credit limits as per Nayak Committee Recommendations, due to the turnover of current assets being high and/or higher level of creditors.


Item No. 52 Financing of Tenant Farmers/Oral Lessees and Share Croppers.

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

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

Director, Agriculture Department, Government of Punjab have informed that the case has been sent to Financial Commissioner (Revenue), Govt. of Punjab, for implementation of Act in the State.

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


Item No. 53

National Handicapped Finance and Development Corporation (NHFDC)

Ministry of Social Justic & Empowerment, Government of India has informed that NHFDC functions as an apex Institution for promoting economic development activities and self - employment ventures for the benefit of persons with Disabilities (PwDs). The detailed information on schemes and programmes of NHFDC is available on website www.nhfdc.nic.in.

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

Item No. 54

Government Sponsored Subsidy Schemes under farm & non farm sector.

In order to create infrastructure and increase capital formation in agriculture and SSI, the Government of India has launched various schemes, wherein the Govt. of India also provides subsidy. NABARD is nodal agency for implementation of all such schemes. The progress up to 30.09.2017 made under different schemes conveyed by NABARD is placed below:-

(Amt. ` in lakh) S.No Schem Case Financi Bank Subsidy


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

. e s al Outlay

Loan Sanctioned

1 Cold Storage

132 17102 10160 3152

2 Rural Godowns

1531 148517 107988 22696

3 ACABC 10 84 601 264 CLCSS 434 NA 16889 25375 AMI 2009 95322 70316 243036 Solar

Light & Solar Water Heater

55 293 224 115

7 Solar Water Pump Scheme

53 32 15 12

8 Solar Light & Water Heater

9 3478 2365 337

Cold Storage

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

Rural Godowns

CISS for Rural Godowns

ACABC Agri Clinic Agri Business Centers

CLCSS Credit Linked capital Subsidy Scheme for Technology Upgradation.

AMI Agriculture Marketing Infrastructure


NPOF CISS for Commercial Production Units of Organic Inputs under National Project of Organic Farming.

This is for the information of the members.


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