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133rd Meeting of State Level Bankers’ Committee (Punjab)

The 133rd meeting of State Level Bankers’ Committee (Punjab) to review the performance of banks for the period ended June-2015 will be held on 13.08.2015 at 10.30 A.M. at Hotel Mount View, Sector 10, Chandigarh. Following issues shall be taken up for discussions in the meeting:-

Item No.1 Confirmation of minutes of 132nd Meeting of State Level Bankers' Committee (Punjab) held on 10.02.2015.Last Meeting of SLBC 132nd Held On 14.05.2015Minutes e-mailed /Circulated On

01.06.2015

Comments Received NIL

The House may confirm the emailed/ circulated minutes.

Item No. 2 Pradhan Mantri Jan Dhan Yojana- Progress in opening of accounts, Issuance of Rupay Card Appointment of Bank Mitras & Aadhaar Seeding.

Punjab State has been declared as Saturated under Pradhan Mantri Jan Dhan Yojana, the flagship programme of Govt. of India, which envisages, Accidental Insurance of Rs.1 lac, Life Insurance cover of Rs.30000/-, Issuance of Rupay Debit Card to every account holder. The bank wise position in opening of accounts, issuance of Rupay Card, Appointment of Bank Mitras and Aadhaar Seeding is given at Annexure 1 (i) {Page 85} for information of the house.

Agenda papers of 133rd Meeting of SLBC-Punjab

During the deliberations in the 2nd meeting of Steering Committee to SLBC held on 23.07.2015, while reviewing the progress of Aadhaar seeding, PMJDY and other issues of UIADI by Madam Keshni Anand Arora, IAS, DDG, UIDAI, Govt. of India, the following action point emerged:-

The representatives of P&SB, OBC, SBOP, HDFC, SBI and AXIS bank where seeding % age in accounts opened under PMJDY was below the % age of State were advised to increase the %age Aadhar seeding of their bank. Representatives of all these banks assured for 100% seeding by 15.08.2015.

The bank wise position of non appointment of Bank Mitras

was reviewed. Representatives of Uco Bank, Allahabad Bank & Andhra Bank assured the house that the Bank Mitras will be appointed shortly.

Controlling heads of all the member banks were requested to provide the status of providing Aadhaar enabled Micro ATM to Bank Mitras by banks to the convener bank immediately.

Member banks were requested to ensure that cards issued are promptly dispatched/handed over to the customers and activated.

Controlling heads of all the member banks are requested to ensure meticulous compliance of the decisions taken in the meeting.


Item No. 2(i)

Pradhan Mantri Jan-Dhan Yojna - Over Draft up to Rs.5,000/- in PMJDY Accounts

Over Draft facility is one of the features of Pradhan Mantri Jan-Dhan Yojana (PMJDY) and banks may consider providing the:-

i. Over Draft up to Rs.5000/- after six months of satisfactory performance of savings/credit history.

ii.The facility to be made available to only one account in a household, preferably to a lady member of household.

iii.Government has decided to make available the overdraft facility to PMJDY account holders. This facility will also be extended to the accounts opened prior to PMJDY and that have been tagged under the Yojana.

As per latest guidelines of Department of Financial Services, Ministry of Finance, Govt. of India, the overdraft amount of Rs.5000/- sanctioned under PMJDY may also be classified as MUDRA loans under PMMY. The ingredients of the scheme is attached as per Annexure 2{Page 86}. Controlling heads of member banks are requested to ensure meticulous compliance of instructions of Ministry of Finance in respect of providing Overdraft Facility in PMJDY accounts.

Item No. 3 Launch of Pradhan Mantri Suraksha Bima Yojana(PMSBY)and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) & Atal Pension Yojana (APY)

As per the announcement in the Budge speech of 2015, two insurance schemes pertaining to the insurance sector namely Agenda papers of 133rd Meeting of SLBC-Punjab

Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) was launched to move towards creating a universal social security system for all Indians especially the poor and the under-privileged. The basic ingredients and comparison between two schemes is given hereunder for information of the house.

Features

Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

Eligibility 18-70 years 18-50 years

Number of PolicyOne Policy Per Person

One Policy Per Person

When to Join the Scheme? Any time Any timeSum Assured (Fixed) Rs 2 lakhs Rs 2 lakhsPremium Rs 12 per annum Rs. 330 per annum

Cover stops at ageAt the age of 70 years

At the age of 55 years

Maturity Benefit Nil NilDeath Benefit (Natural Death) Nil Rs 2 lakhsDeath Benefit (Accidental Death) Rs 2 lakhs Rs 2 lakhsDisability of both eyes, both hands, both legs or one eye and one limb Rs 2 lakhs NilDisability of one eye or one limb Rs 1 lakh NilMaximum Insurance cover Rs 2 lakhs Rs.2 lakhs

Risk Period1st June to 31st May every year.

1st June to 31st May every year.


Mode of Payment

Premium will be auto debited from account in the month of May every year.

Premium will be auto debited from account in the month of May every year.

Enrollment process under both the schemes has since completed and Ministry of Finance has desired to apprise them the reasons for gap between data on enrolment, entry of data in CBS, transfer of records to insurer, Auto Debit and Remittance of Premium to Insurer. During the deliberations in the 2nd meeting of Steering Committee to SLBC held on 23.07.2015, all the member banks were advised to bridge the gap between data on enrolment and remittance of premium to insurance company.

This is for information of the house.

Item No. 3(i) Atal Pension Yojana (APY).

Government of India has launched a new pension scheme called Atal Pension Yojana (APY) in (2015-16) budget and the scheme was launched on 9th May 2015 by our Hon’ble Prime Minister.

In this scheme subscriber receives pension based on accumulated contribution out of his current income. Under the Atal Pension Yojna Scheme (APY), the subscribers would receive the fixed monthly pension of Rs. 1000 to Rs 5000 at the age of 60 years, depending on their contributions.

To make the pension scheme more attractive, government would co-contribute 50 per cent of a subscriber’s contribution Agenda papers of 133rd Meeting of SLBC-Punjab

or Rs 1,000 per annum, whichever is lower to each eligible subscriber account for a period of of 5 years from 2015-16 to 2019-20. The benefit of government’s co-contribution can be availed by those who subscribe to the scheme before December 31, 2015.

In order to create awareness, building confidence and ensuring smooth implementation of APY Scheme, Convenor Bank has organized a Capacity Building Programme of all the Nodal Officers of Banks, Councilors of FLCs and Directors of RSETIs on 20.06.2015 at Ludhiana in Zonal Training Centre of Punjab National Bank. The training was imparted by PFRDA appointed agency.

Convener Bank has already advised the Councilors of FLCs and Directors of RSETIs for imparting training to Bank Mitras for successful implementation of APY at the grass root level.

The APY Scheme and its forms in vernacular language has been uploaded on SLBC web site and member banks have been advised to get the scheme and its forms printed in sufficient quantity and ensure to supply the same to branches and Bank Mitras.

Member Banks are requested to give more publicity for successful implementation of the scheme.

The progress as on 30.06.2015 in respect of all the three schemes is as per Annexure 3 {Page 87}.

The house may deliberate.

Item No. 4 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 the micro enterprises in manufacturing, trading and service sector.

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

Convener Bank has called information from all the banks and the same has not yet been received from SBoP, OBC, UCo Bank, Andhra Bank, BOI, BOM, Canara Bank, SBBJ, Vijaya Bank, J&K Bank, ICICI Bank and Axis Bank.

Member banks are requested to convey the progress to Convener Bank enabling to inform the same to Ministry of Finance.

Department of Financial Services, Ministry of Finance, Govt. of India vide their letter dated 19.06.2015 has informed that they have allocated targets for MUDRA for all the PSBs for FY 2015-16. They have further informed that the targets for RRBs and Co-operative Banks shall be fixed by NABARD and for other private and foreign Banks by IBA. Convener Bank vide its email dated 30.06.2015 has requested all the member banks/NABARD and IBA to inform us the targets allocated to respective Bank. Convener Bank has received the targets only from following banks only:-


PNB, SBOP, P&SB, OBC, Allahabad Bank, BOI, Corp Bank, Dena Bank, IB, IOB SBBJ & UBI

Member banks are requested to inform the targets to Convener Bank immediately as because of non submission of the same targets vis-a-vis achievements cannot be reviewed in this meeting.

Item No. 4(i)

Campaign for social security schemes with a focus on APY and PMMY.

Department of Financial Services, Ministry of Finance, Government of India, has directed launching of special campaign to increase enrolment under social security schemes viz. Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana.

Convener Bank has supervised and coordinated with LIC, GISPA, Banks, State Govt. and LDMs and successfully launched townhall meetings at Distt. and Block Headquarters of the State for maximizing enrolment under the social security schemes with a focus on APY and PMMY and MUDRA as per the following schedule:

Revised Schedule of Townhall meetings in the State of PunjabDate Location

13.07.2015 At all 22 districts head quarters16.07.2015 At all block head quarters of districts Amritsar, Bathinda and Barnala20.07.2015 At all block head quarters of districts Faridkot and Fazilka.23.07.2015 At all block head quarters of districts Ferozepur, Gurdaspur and Hoshiarpur27.07.2015 At all block head quarters of districts Jalandhar, Kapurthala 28.07.2015 At all block head quarters of districts Fatehgarh Sahib30.07.2015 At all block head quarters of district Mansa03.08.2015 At all block head quarters of district Nawanshahr 06.08.2015 At all block head quarters of district Ropar 10.08.2015 At all block head quarters of district Ludhiana.11.08.2015 At all block head quarters of district Moga 17.08.2015 At all block head quarters of district Patiala 19.08.2015 At all block head quarters of district Muktsar21.08.2015 At all block head quarters of district Pathankot25.08.2015 At all block head quarters of district Sangrur


27.08.2015 At all block head quarters of district Mohali28.08.2015 At all block head quarters of district Tarn Taran

Town hall meetings at all 22 district headquarters were successfully held on 13.07.2015. In the next phase, meetings at block head quarter are held successfully as per the above schedule.

Lead District Managers where these meetings are yet to be held, are requested to invite the people representatives i.e.MPs/MLAs in these meetings and use this platform for successful implementation of Suraksha Bandhan Scheme of Ministry of Finance.

Controlling heads of Banks/LDMs are requested to give maximum publicity for town hall meetings for maximizing enrolment under the social security schemes with a focus on APY and PMMY and MUDRA.

Item No. 5 Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Under Skill India mission, Hon’ble Prime Minister of India launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY) on 15.07.2015 which aims to skill 40.2 crore people in India by 2022. Formal launch of National Skill Development Mission is coupled with unveiling of new National Policy for Skill Development and Entrepreneurship 2015 as well as Pradhan Mantri Kaushal Vikas Yojana (PMKVY). In order to impart skills training to people, Skill cards will be provided under PMKVY. While launching the ambitious mission, it was informed that “Model Skill Loan Scheme has been simplified” for making the loan sanctioning process easier and for reducing risk of banks on providing small loans, the loan scheme will be linked with Agenda papers of 133rd Meeting of SLBC-Punjab

credit guarantee fund. While the governing council of the mission will be chaired by PM himself, the mission will have a 3-tiered decision making structure.Controlling heads of all the member banks are requested to sensitize the field functionaries about the launch of the PMKVY scheme so that the same can be implemented in letter and spirit.

Item No. 6 Opening of accounts of Unorganized workers.

With the enactment of Unorganized Workers Social Security Act 2008 and after providing unique identification number by Labour Department to all the unorganized workers, PMJDY account for beneficiaries who do not have a bank account could be opened at the site of registration in joint collaboration with State Labour Department.

Convener Bank vide has already advised all the Lead District Manager for cooperation with the district administration in arranging for Jan Dhan Account to be opened in the camps proposed to be held for registration of unorganized workers.

Convener Bank vide their letter dated 27.07.2015 has requested Department of Institution Finance & Banking to take up with the labour department for organizing camps for opening of accounts of unorganized worker. The date of proposed camps be informed to the convener Bank so that LDMs can be informed accordingly.

Department of UIADI has desired that keeping in view the very high Aadhaar saturation in the state, members bank must ensure that the new accounts being opened for Unorganized


workers are opened using Aadhaar as KYC & the accounts are linked with Aadhaar immediately.

Controlling heads of banks having Lead Bank responsibilities are advised to instruct the LDMs under their control for meticulous compliance of the instructions of Ministry of Labour and Employment and extend full cooperation in opening of accounts in camps.

Item No. 7

Opening of accounts of Sugar Mills- Payment to farmers through bank accounts

During the deliberations in the 2nd meeting of Steering Committee to SLBC held on 23.07.2015, Madam Keshni Anand Arora, IAS, DDG, UIADI, Govt of India, apprised the house that they have received instructions from Prime Minister office, vide which they have informed that “On 10.06.2015 the Cabinet approved proposal to provide soft loans to the sugar mills so that the dues of the farmers are paid expeditiously. It is desirable that the farmers are paid through bank accounts preferable linked to Aadhaar Number. Therefore department should undertake a campaign to get Aadhaar seeding done in the bank accounts of the farmers on the priority.”

Member banks were requested to extend full co-operation to the State authorities for Aadhaar enrolment of the sugar cane farmers and seeding of Aadhaar into their bank accounts.

Item No. 8

Telephone Connectivity- Issues faced by Banks/ Bank Mitras.


The issue of low connectivity in some of the areas as reported by LDMs/Banks was taken up by Convener Bank in the meeting with TSPs of Punjab LSA under the Chairmanship of Director-II TERM Punjab. The minutes of the meeting held on 10.06.2015 and the latest position is enclosed as per Annexure 4 {Page 88-89}.

Member Banks/LDMs are requested to inform the connectivity problem if any to the Convener bank so that the same can be taken up with the DOT/TSP for resolving the same.

Item No. 9 Issues of Unique Identification Authority of India (UIDAI)

Item No. 9(i) Pradhan Mantri Jan Dhan Yojana

Aadhaar seeding is must for providing overdraft facility in PMDJY accounts.(Copy of circular is enclosed at Annexure-2)

Aadhaar no. to be got seeded in all the bank accounts at the earliest.

Aadhaar seeding of nominee in Bank Accounts & 2 Bima Yojanas to be scaled up for the sake of easy electronic claim settlement.

Latest Status of Aadhaar Seeding in PMJDY a/c’s is as below (Status as on 22nd July’2015):-State Name Total

AccountsAadhaar Card

Seeded%age Aadhaar

Seeding

PUNJAB 42,78,438 31,56,586 73.8%


In the steering committee meeting held on 27 July 2015 it was decided that seeding in all the accounts must be completed by 15.08.2015. The status of the same may be discussed.

Item No. 9(ii) Direct Benefit Transfer (DBT) in Scholarship Schemes

As per the instructions of Govt. of India, for DBT in scholarship schemes the banks will complete 100% Aadhaar seeding in the respective bank accounts of the beneficiaries. The respective line department had already forwarded the pending bank seeding cases to the LDMs from their official email ids, however it is observed that large no. of cases are yet to be seeded. The LDMs should ensure to get these cases seeded urgently.

The scheme wise, district wise & Bank Wise pendency is as given below:-

Scheme wise: Status as on 03 rd August 2015 Scheme Total

Beneficiaries with

Aadhaar

Pending cases

for bank

seeding

DPI (Colleges)- Post Matric Scholarship for SC students

58362 14508

DPI(Schools)- Post Matric Scholarship for SC students

115873 24768

DRME- Post Matric Scholarship for SC students

6944 1093

Technical Education(Technical wing) Post Matric Scholarship for SC students

46554 11834

Technical Education(ITI Wing)-Post Matric Scholarship for SC students

11762 1422

SCERT- Post Matric Scholarship for SC students

1681 287


Animal Husbandry- Post Matric Scholarship for SC students

21 6

Pre Matric Scholarship for OBC Students

95227 27621

Scholarship to Students whose parents are engaged in unclean occupation

693 205

Pre Matric Scholarship for SC Students 143876 28017National Scheme of Incentive to Girls for Secondary Education

41205 8414

National Means cum Merit Scheme 2372 471Total 524570 118646


District wise Status as on 3 rd August 2015

DistrictTotal

Records Sent

Total Unmapped

Records

% Records yet to be seeded

Amritsar 20329 9609 47.27%Barnala 13953 513 3.68%Bathinda 26245 6048 23.04%Faridkot 12209 2499 20.47%Fatehgarh Sahib 18139 1180 6.51%Fazilka 25570 8347 32.64%Ferozepur 15183 4276 28.16%Gurdaspur 27372 4009 14.65%Hoshiarpur 38616 14230 36.85%Jalandhar 56933 10854 19.06%Kapurthala 19608 5145 26.24%Ludhiana 51301 8230 16.04%Mansa 16650 3607 21.66%Moga 22833 4192 18.36%Shri Mukatsar Sahib 20768 1209 5.82%Pathankot 15052 2055 13.65%Patiala 26164 4007 15.31%Ropar 15726 5379 34.20%Sangrur 35292 9729 27.57%SAS Nagar 13968 7119 50.97%Shaheed Bhagat Singh Nagar 21633 1308 6.05%Tarn Taran 11026 5101 46.26%

Grand Total 524570 118646 22.62%

Only 26,000 records have been seeded from last SLBC meeting. Districts which have done seeding are Patiala, Jalandhar, Ludhiana, Kapurthala, & Fazilka. Though these districts have done seeding but still a large number of records are yet to be seeded in these districts.


Districts having pendency higher than the average pendency are highlighted.

Bank Wise Status as on 3 rd August 2015

Bank Name Records yet to be seeded

State Bank of India 29423State Bank of Patiala 21738Punjab National Bank 17610OBC 10802Bank of India 8349UCO bank 5688PUNJAB & SIND BANK 4899Allahabad Bank 4804Canara Bank 3718Union Bank of India 2331Central Bank of India 1637Indian Overseas Bank 1196Bank of Baroda 1040Corporation Bank 936Indian Bank 835AXIS BANK 613Syndicate Bank 531VIJAY BANK 507Bank of Maharashtra 490Dena Bank 310HDFC 260Capital Local Bank 217Andhra Bank 203IDBI BANK 110United Bank of India 58J&K Bank 54Karur Vyasa Bank 54FEDERAL BANK 52


ICICI Bank 38Indus Ind Bank 27State Bank of Bikaner and Jaipur 22PUNJAB GRAMIN BANK 18State Bank of Hyderabad 16City Union Bank 15ING VYSYA BANK 13Karnataka Bank 10South Indian Bank 9Yes Bank 8Kotak Mahindra Bank 4TAMILNAD MERCANTILE BANK 1Grand Total 118646

Member Banks are requested to get the seeding done centrally for these student beneficiaries.

Item No. 9(iii) MGNREGA

In state of Punjab, Aadhaar seeding in respect of active MGNREGA workers is 99.68%, which is highest in the country. However total number of workers converted into Aadhaar based payments is 75.6 %. It is observed that still a large number of cases are pending for Bank seeding. Details of Bank wise pending cases are as under:-

Status as on 3 rd Aug. 2015

Bank Name Pending for Seeding

Punjab & Sind Bank 11909Malwa Gramin Bank 3510District Central Cooperative Bank 2731UCO Bank 2442Punjab Gramin Bank 2023Sutlej Gramin Bank 1571


Oriental Bank of Commerce 1452Bank of Maharashtra 792HDFC 629Bank of India 582United Bank Of India 500CORPORATION BANK 470ICICI BANK 456VIJAYA BANK 414AXIS BANK 129Andhra Bank 89Syndicate Bank 66Union Bank of India 34Capital Local Area Bank 27FEDERAL BANK 26Dena Bank 19Yes Bank Ltd. 17State Bank of India 16Canara Bank 10Indian Bank 10JK Bank 7Indus Ind Bank Ltd. 6Punjab National Bank 2Kotak Mahindra Bank Ltd. 1Total 29940

Member Banks are requested to get the seeding done centrally for MGNREGA workers.

Item No. 9(iv) State Pensions Govt. of Punjab has taken a decision to disburse beneficiary payments to state pensioners through Aadhaar linked payment accounts. In the Month of June/July’ 2015, pensions were disbursed in 6 districts.

APB Summary as on 31st July 2015 is as under:-Agenda papers of 133rd Meeting of SLBC-Punjab

District Name

Scheme NameSuccessful

APB Transaction

s

Amount Credited

Amritsar

OLD AGE PENSION 43 43000FINANCIAL ASSISTANCE TO DEPENDENT CHILDREN 4 7000FINANCIAL ASSISTANCE TO DISABLED PERSON 22 22000Total 69 72000

Barnala OLD AGE PENSION 3558 3558000Total 3558 3558000

Fatehgarh Sahib

OLD AGE PENSION 14785 14749750FINANCIAL ASSISTANCE TO DEPENDENT CHILDREN 1070 1643500FINANCIAL ASSISTANCE TO DISABLED PERSON 1722 1728750FINANCIAL ASSIATANCE TO WIDOW AND DESTITUTE 3879 3869500Total 21456 21991500

Pathankot

OLD AGE PENSION 6695 6695000FINANCIAL ASSISTANCE TO DEPENDENT CHILDREN 101 101000FINANCIAL ASSISTANCE TO DISABLED PERSON 374 374000FINANCIAL ASSISTANCE TO WIDOWS 841 841000Total 8011 8011000

SAS Nagar

OLD AGE PENSION 7829 6100750FINANCIAL ASSISTANCE TO DEPENDENT CHILDREN 742 696000FINANCIAL ASSISTANCE TO DISABLED PERSON 1070 846000FINANCIAL ASSIATANCE TO WIDOW AND DESTITUTE 2162 1772250Total 11803 9415000

SBS OLD AGE PENSION 14578 14578000


Nagar

FINANCIAL ASSISTANCE TO DEPENDENT CHILDREN 7402 8310000FINANCIAL ASSISTANCE TO DISABLED PERSON 2816 2816000Total 24796 25704000

Grand Total 69693 68751500

There are large number of pensioners in these districts whom payments were done through NEFT.

In many cases Aadhaar were available but seeding in bank accounts was yet to be done.

LDMs are requested to seed Aadhaar numbers in Bank A/c’s where seeding is required.

LDMs of above district are also requested to collect Aadhaar numbers through BCAs from remaining beneficiaries while disbursing the pension and share the list with UIDAI for verification.

LDMs in other districts are requested to share Aadhaar seeded data with the UIDAI RO, Chandigarh for verification and checking the mapper status at NPCI.

Item No. 9 (v) Modified DBTL Scheme The modified DBTL scheme has been successfully launched in all the 22 Districts of Punjab. At present Aadhaar seeding in LPG database is 85% & in Bank database (ATC) is 76 %. However it is observed that there are still more than 11 % BTC (Bank Transfer Compliant) customers. Banks may take immediate necessary action in coordination with OMCs to seed Aadhaar in the bank accounts of these BTC customers.District wise pending case of BTC (as on 3rd August 2015) is as under:-District Bank

Aadhaar % ATC BTC

Count% BTC


Seeding (ATC)

Amritsar 366391 72.52% 56526 11.19%Barnala 95841 90.63% 2619 2.48%Bathinda 210849 74.35% 35381 12.48%Faridkot 109006 89.04% 6531 5.33%Fatehgarh Sahib 98226 87.77% 7006 6.26%Fazilka 136813 70.56% 37209 19.19%Firozpur 123478 76.31% 19072 11.79%Gurdaspur 240977 75.41% 37207 11.64%Hoshiarpur 240001 71.58% 58486 17.44%Jalandhar 433872 84.98% 22639 4.43%Kapurthala 168337 79.57% 19324 9.13%Ludhiana 762953 81.35% 65436 6.98%Mansa 95090 71.09% 26236 19.61%Moga 136442 71.06% 27466 14.30%Muktsar 130386 74.74% 24601 14.10%Nawanshahr 100567 90.14% 4274 3.83%Pathankot 104020 72.95% 17170 12.04%Patiala 301616 72.25% 69125 16.56%Rupnagar 99105 70.95% 24653 17.65%S.A.S Nagar(Mohali) 191857 68.09% 53820 19.10%Sangrur 240483 74.03% 46151 14.21%Tarn Taran 132545 76.43% 19210 11.08%Total 4518855 76.71% 680142 11.55%

LDMs in association with concerned Dist. Nodal officers of OMCs may try to reduce BTC count.

The representative of UIADI is requested to deliberate on the issue.

Item No. 10 Status report of issues flagged in the 132nd

meeting of SLBC held on 14.05.2015 Issues Agenda papers of 133rd Meeting of SLBC-Punjab

raised & latest Status

Item No. 10(i)

Roadmap-Provision of banking Services in Villages having Population below 2000

Total 10132 unbanked villages in the above population segment were allocated to various banks in the state. A monitoring and review mechanism has been instituted by DCCs to periodically assess and evaluate the progress made in allotment of villages and achieving the target indicated in the roadmap including the quality of services provided by the banking outlets. Banks in the State have covered 9647 villages up to 30.06.2015. The progress is as per Annexure-5 {Page 90}.

During the deliberations in the 2ndSteering Committee meeting to SLBC held on 23.07.2015, Shri Anjani Misra, GM, RBI, advised the banks to ensure coverage of all the villages by 15.08.2015.

Controlling heads of banks who have not yet covered the villages, are again requested to take steps and ensure to cover the villages immediately.

Item No. 11

Progress Report of Financial Literacy Centres (FLCs)

The consolidated performance of the FLCs up to June-2015 is as per Annexure-6&7 {Page 91-94}.

Observations


During quarter ended June-2015, 329 Financial Literacy Camps have been organized in which 13908 persons participated.

Out of 13908 persons participated in the camps, 9647 persons were already having bank accounts and 2767 persons opened the accounts after attending the camp.

During the quarter ended June-2015, 820 Financial Literacy Camps have been organized in FLCs at Block level in the State of Punjab in which 34885 persons participated.

Out of 34885 persons participated in the camps, 21628 persons have already bank accounts and 10014 persons opened the accounts after attending the camp.

During the quarter ended June-2015, in 2760 rural branches, 1327 rural branches have conducted FLCs camps as per RBI guidelines. 94775 persons participated in these camps. 73271 persons were having already bank accounts and 13311 persons opened the account after attending the camp.

The House may review the performance of FLCs.

Item No. 12 Opening of Financial Literacy Centres (FLCs) at block level.

The third 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. Financial Literacy Centres have so far been set up at Urban/Semi-urban


areas. The present plan of Ministry of Finance is to expand the FLCCs to the block level.

A meeting of the Sub-Committee on opening of FLCs at Block level was convened on 03.07.2015. Minutes of the meeting is attached as per Annexure 7(i) {Page 95-96} for information of the house. The major decisions taken in the meeting which were approved in the 2nd Steering Committee meeting to SLBC held on 23.07.2015 are as under:

At centres where Coop. Bank/RRB have opened the FLCs and which have already been allocated by SLBC to different banks be allocated to Coop Bank/RRB.

Matter regarding providing of space at each block be taken up with the concerned department of the State Govt.

Minimum remuneration of Rs.10000/- + Rs.500/-per on location workshop in addition to the workshop expenses be paid to the FLC counselors as conveyance and other petty expenses with the condition that minimum on location workshop should be four.

The same is placed before the house for approval.

In the State of Punjab, 121 FLCs are functioning at block level as on 30.06.2015 against the target of 143. The bank wise position in opening of FLCs at block level is attached at Annexure 7(ii) {Page 97-99}.

Since this is one of the important area being monitored by Ministry of Finance, Member Banks are requested to take steps for opening of FLCs at Block level for the blocks allocated to them immediately

A meeting of all the Lead District Managers in the State of Punjab was convened by NABARD at Jalandhar on 06.07.2015, wherein the following action point emerged:-Agenda papers of 133rd Meeting of SLBC-Punjab

Quarterly performance of FLCs to be monitored by LDMs in each DCC/DLRC meeting as a regular Agenda item.

LDMs to monitor conduct of outdoor camps for financial literacy by branches and facilitate taking help of FLCs on selective basis.

Controlling heads of banks having lead bank responsibilities/LDMs are requested to ensure meticulous compliance of the decisions taken in the meeting.

Item No.13 Setting up of Rural Self Employment Training Institutes (RSETIs)

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

The representative of Department of Rural Development may apprise the house of the latest developments in the matter of allocation of land in the remaining Districts.

(Performance of the RSETIs functioning in the State up to June-2015 & status of land allotment is given on Annexure-8 & 8(i) {Page 100-101}.

From the data on progress of RSETIs up to June-2015, it has been observed that:-

1472 training programmes of skill development were organized wherein 39154 trainees participated.


5706 trainees were financed by the banks to start their Enterprises and 13078 trainees set up their enterprises through owned funds.

Out of total 39154 trainees, 25358 were from SC/ST category, 5277 from OBC, 297 from minority and 8544 were from other categories.

30642 Women and 205 Handicapped persons were also provided training for self-employment.

The representative of Department of Rural Development is further requested to:

ensure release of funds for reimbursement of training expenses for BPL families in time bound manner.

organize appreciation workshop of RSETI Directors and APOs of DRDAs for two days at the State HQ.

The House may discuss.

During the deliberation in the 2nd Steering Committee meeting to SLBC held on 23.07.2015, Shri K. C. Sharma, State Project Co-ordinator, requested the representative of department of Rural Development for release of funds for reimbursement of training expenses at the earliest and requested the member banks for credit linkage of trainees of RSETIs sponsored programmes. The house was apprised that the credit linkage to RSETI trainers can be provided through MUDRA scheme of Govt. of India. Member banks were requested to explore the possibility of extending credit to RSETI trainees under MUDRA scheme.


Member Banks/ Department of Rural Development is requested to take note of the decisions taken in the meeting and take appropriate action.

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

The State government has adopted “One District One Leader Bank Many Bank Model” for implementation of EBT in the State of Punjab.

Performance of Banks in opening accounts and disbursements under EBT is enclosed at Annexure No. 9 {Page 102} for information of the house.


Item No.15 Guidance on the orders received from Police Authorities.

Deputy Commissioner of Police, Jalandhar has issued orders on 10th May 2015 in Jalandhar District which interalia states that:

1. No financial institution shall open a new branch or ATM without obtaining NOC from the Police Department.

2. The existing branches and ATMs should be provided with Guards, round the clock for their smooth operation, otherwise they will not be allowed to operate.

Convener Bank vide its letter dated 10.06.2015 addressed to Dy. Director, Department of Institutional Finance & Banking requested to take up the matter with the concerned authorities and apprise the decision taken in the matter.


Department of Institutional Finance & Banking vide their letter dated 22.07.2015 requested Reserve Bank of India for guidance in the matter.

The representative of Reserve Bank of India is requested to apprise the house the decision in the matter.

Item No. 16 Reimbursement of Excess pension paid to the dependents of deceased pensioners - Pending issue of Sub-Committee meeting.

During the deliberation in the 2nd meeting of Steering Committee to SLBC held on 23.07.2015, the representative of Department of IF&B informed the house that the matter on account of DA paid by banks to family pensioners (whose ward got employment on compassionate ground) and the same has been deducted by treasury office out of subsequent reimbursement claims lodged by the bank is under consideration of the Finance Department Govt. of Punjab and the same will be decided shortly.

Dy. Director Department of IF&B vide their letter dated 12.06.2015 has taken up the matter with Joint Secretary, Finance requesting for clarification in the matter. Convener bank again requested for following up the matter for resolving the issue expeditiously.

Member banks were requested to apprise the convener bank of issue of reimbursement of excess pension paid to dependants and the action taken by their bank in such cases.

The representative of DFI&B is requested to apprise the house the latest position in the matter.

Item No.17 Non issuance of NEC for 12 years.Agenda papers of 133rd Meeting of SLBC-Punjab

It has been brought to our notice by GM, Punjab Gramin Bank that Registrar/Sub Registrar at Gurdaspur and Kahnuwan in Gurdaspur District have stopped issuing Non Encumbrance Certificate as required for Registered Mortgage of land. They have further informed that revenue authorities are now insisting that they will issue NEC for one day only. Convener Bank has taken up the matter with FC Revenue requesting him to intervene in the matter to resolve the issue. Revenue Department vide their letter dated 30.06.2015 has taken up the matter with Deputy Commissioner Gurdaspur advising him to submit his report within 15 days. During the deliberations in the 2nd Steering committee meeting to SLBC held on 23.07.2015, the representative of DIF&B was requested to arrange to submit the instructions issued by the revenue department to the DCs in the State to the Convener Bank.

LDM Hoshiarpur in the minutes of DCC/DLRC meeting has also pointed out that the Revenue Authorities are issuing restrictive/qualified Non Encumbrance Certificate (NEC) to the banks.

The representative of revenue Department/DIF&B is requested to apprise the house latest position in this respect.

Item No. 18 Measures to computerize Land Records by State Government.


The project launched by Revenue Department of State Government for computerization of land records, envisages for opening of Fard Kendra at each Tehsil and Sub-Tehsil level. Revenue Record like Jamabandi, Mutations, Rapats Roznamchas etc. of all the villages of that Tehsil/Sub Tehsil will be fed into the computer. As of now, 161 out of 167 Fard Kendras have been operationalized and record of about 12,285 villages has been computerized. Copy of Record of Rights is being issued from the operationalized Fard Kendras on the spot.

Further the Department has planned to put the land records on internet so that people are able to view their Jamabandis etc. sitting at home only. The data of live Fard Kendras of all the Districts has been put on the web. A provision has been made to point out the errors in the Land Records through web.

During the deliberation in the 2nd meeting of Steering Committee to SLBC held on 23.07.2015, the representative of Department of Institutional Finance & Banking apprised the house that State Govt. is implementing e-governance to take care of all the issues of computerization of land record.

The representative of Deptt. of Land Record/Revenue/DIF&B is requested to apprise the house the latest in the matter.

Item No.19 Progress under Debt Swap Scheme.

At least 3% of disbursement of agriculture credit during the year is to be earmarked for giving loans under “Debt Swap Scheme”. The progress achieved up to June-2015 is as follows:-


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

Achievement Under Debt Swap 2014-15 up to June-2015

%ageAchieveme

nt

Public Sector Banks

152291 23894 16

Pvt.Sector Banks

31741 4561 14

RRBs 15649 6160 39Coop. Bank 73383 17198 23

Total 273064 51813 19(Bank wise progress is as per Annexure-10{Page 103})

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

(Amount ` in crore)

Parameter

As At VariationJune2013

June2014

June2015

June 2014/June 2013

June 2015/June 2014

Absolute

%age

Absolute

%age

Branches 4667 5469 5845 802 17.18 376 6.87Agg. Dep. 20648 23883 27439 31847 15.66 35565 14.89


3 0 5Advances 16516

218347

920355

718317 11.09 20078 10.94

PS Adv. 84703 96990 114661

12287 14.50 17671 18.21

Agri. Adv. 42515 47057 59726 4542 10.68 12669 26.92Adv. to Micro Small & Enterprises (MSEs)

32452 41187 43102 8735 26.91 1915 4.64

Weaker Sector Adv.

25408 31231 36272 5823 22.91 5041 16.14

(Bank-wise position as at June15 is given in Annexure-11 & 11 (i-iii){Page 104-107}

Item No. 20.(i) Branch Expansion

376 new branches of Commercial Banks were opened in the State during the period from 1st July 2014 to 30th June 2015, thus raising the network of branches from 5469 as at 1st July 2014 to 5845 as at 30th June 2015.

Area wise analysis is summarized below:-

Number of Branches


June2014

June2015

June 2014/June 2013

June 2015/June 2014

Absolute AbsoluteRural 1841 2326 2507 485 181Semi Urban

1462 1633 1768 171 135

Urban 1364 1510 1570 146 60Total 4667 5469 5845 802 376Agenda papers of 133rd Meeting of SLBC-Punjab

Observations

During the review period, increase in number of branches in rural areas of Punjab was of the order of 181

This is followed by Semi-urban areas, which registered an increase of branches to the tune of 135.

Increase of branch network in urban areas was 60.

This is for information of the House.

Item No. 20.(ii) Deposit Growth.

The aggregate deposits of the Banks in Punjab increased by ` 35565 crore from ` 238330 crore as at June 2014 to ` 274395 crore as at June2015, thus posting a growth of 14.89% as against an increase of 15.42% during the corresponding period last year.

(Amount ` in Crore)

AggregateDeposits


June2014

June2015

June 2014 / June2013

June 2015 / June2014

Absolute

%age

Absolute

%age

Rural 46613 55047 63359 8434 18.09 8312 15.09Semi Urban 70680 73491 87700 2811 3.97 14209 19.33Urban 89190 11029

2123336

20602 23.09 13044 11.82

Total 206483

238830

274395

31847 15.42 35565 14.89


Observations

During the review period, the deposits in urban areas have increased by 11.82%, in semi urban area have gone up by 19.33% and in rural areas the deposit growth is 15.09%. This is for information of the House.

Item No. 20(iii) Credit Expansion

Gross credit in the State increased by ` 20078 crore, from ` 183479 crore as at June-2014 to ` 203557 crore as at June 2015, thus exhibiting a growth of 10.94 % as against 11.09 % during the same period last year.

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

Total Advances


June2014

June2015

June 2014 /June 2013

June 2015 /June 2014

Absolute %age Absolute %ageRural 29468 33452 38154 3984 13.51 4702 14.05Semi Urban

46780 47526 59954 746 1.59 12428 26.14

Urban 88914 102501

105449 13587 15.28 2948 2.87

Total 165162 183479

203557 18317 11.09 20078 10.94

Observations

During the review period, the growth in outstanding advances in urban areas was 2.87% whereas in semi urban & rural areas it was 26.14% & 14.05% respectively.


Item No.20.(iv)

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


As per the recommendations of an Expert Group constituted by GOI under the Chairmanship of Shri Y.S.P. Thorat, a Special Sub-Committee (SSC) of District Level Consultative Committee (DLCC) was to be constituted in districts with CD Ratio of less than 40%, for drawing up “Monitorable Action Plans” (MAPs) to increase the CD Ratio on a self set graduated basis. Concerned LDM of the district 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. The details of Monitorable Action Plans of these SSCs are as under:-

District Date of Meeting Monitorable Action Plan

Jalandhar 10.01.2006 25% by 31.03.2006

40% by 31.03.2010

60% by 31.03.2015

Kapurthala 10.01.2006 23% by 31.03.2006

40% by 31.03.2010

60% by 31.03.2015

Nawanshahar

10.01.2006 18% by 31.03.2006

35% by 31.03.2009

60% by 31.03.2015

Hoshiarpur 11.01.2006 28% by 31.03.2006

40% by 31.03.2009

60% by


31.03.2012

As per the MEP, the CD Ratio of all these four districts should be 60% by 31.03.2015, whereas the same has not reached upto the desired level. Convener Bank vide its letter dated 20.06.2015 has requested all the Lead District Managers for convening a Special Sub Committee meeting and chalk out the strategies and the road map for improving the CD Ratio as per the desired level of Monitorable Action Plan.

Lead District Managers of all these four districts have convened the Special Sub-Committee meeting and have submitted the 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 45% by 30.09.2015 52% by 31.12.2015 60% by 31.03.2016

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 MEP of each district is placed before the house for approval of the same.


The comparative position of Monitorable Action Plan and CD Ratio (net of NRI deposits) as at June2014 & June 2015 of these four districts is given below:-

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

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

CD Ratio % (including NRI Deposits) as at June 15

GrowthJune 15/ June 14(PPs)

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

CD Ratio % (Net of NRI Deposits)as at June 15

GrowthJune 14/ June 13(PPs)

Jalandhar 60 (Mar.15

)

32.00 31.00 1.00 40.00 38.00 -2.00

Kapurthala 60 (Mar.15

)

34.29 35.36 1.07 48.23 44.86 -3.37

Nawanshahr

60 (Mar.15

)

36.40 27.14 0.45 46.52 47.68 1.16

Hoshiarpur 60 (Mar.12

)

30.43 30.33 -0.10 54.90 55.10 0.20

Observations:-

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


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. 20 iv (i) Overall CD Ratio

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

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

Period CD Ratio % Variation

June 2013 79.99

June 2014 77.70 -2.20

June 2015 74.18 -3.52 (Bank wise CD Ratio as at June 15 is as per Annexure-12. {Page 108} (District wise CD Ratio as at June 15 is as per Annexure-12(i) {Page 109}.

Observations:- During the period under review overall CD Ratio of Commercial Banks for the State of Punjab witnessed decrease of 3.52 PPs from 77.70% as at June-2014 to 74.18% as at June-2015.Agenda papers of 133rd Meeting of SLBC-Punjab

The House may review the overall CD Ratio.

Item No. 20 iv (ii) CD Ratio - Rural Areas

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

Period Rural VariationPPsDeposit Advances CD Ratio

%June 2013 46613 29468 63.21June 2014 55047 33452 60.76 -2.45June 2015 63359 38154 60.21 -0.55

Observations

During the review period, the CD Ratio of Rural areas has decreased by 0.55 from 60.76% as at June-14 to 60.21% as at June-15.


Item No. 20 iv (iii)

CD Ratio - Semi Urban Areas

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

(Amount ` in crore)Period Semi Urban Variation

PPsDeposit Advances CD Ratio %

June 2013 70736 46780 66.13


June 2014 73491 47526 64.66 -1.47June 2015 87700 38154 68.36 +3.70

Observations During the review period, the CD Ratio of Semi Urban areas has increased by 3.70 PPs from 64.66% as at June-14 to 68.36 % as at June-15.


Item No.20 iv (iv)

CD Ratio - Urban Areas

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

(Amount ` in crore)Period Urban Variation

PPsDeposit Advances CD Ratio%

June 2013 87133 88914 102.44

June 2014 110292 104600 94.83 -7.61

June 2015 123335 105449 85.49 -9.34

Observations:

During the review period, the CD Ratio of Urban areas has decreased by -9.34 PPs from 94.83% as at June-14 to 85.49% as at June-15.



Item No. 20 iv (v)

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

NABARD has provided resource support of ` 2054.37 crore up to June 2015 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 74.93%.

Item No. 20 iv (vi)

Credit plus Investment to Deposit Ratio

Investments made in the State Govt. bonds by the banks to the tune of ` 2891.38 crore when added to the credit provided by banking system in the State and the flow of credit has gone up to ` 206448.38 crore. For the period ended June-2015 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

274395 206448.38 75.23(Detail of investment in securities & Bonds as per Annexure-13) {Page 110}

Item No. 20 iv (vii)

CD Ratio of Financial System


The CD Ratio of Financial System after inclusion of Deposits & Advances of the Cooperative Banks, Punjab Agriculture Land Development Banks and Financial Institutions comes to 75.78% as per detail given as under:-

(Amount ` in crore)S. No.

Particulars Deposits Advances CD Ratio

1 Commercial Banks/RRBs. 274395 203557 74.182 Including Cooperative Banks 287307 215269 74.923 Including Punjab Agri. Dev.

Banks* 287307 217455 75.68

4 Including Financial Institutions**

287307 217728 75.78

*Advances PADB (`2186.03) **Financial Institutions PFC (`113.15crore), PSIDC (`159.76 Crore).

CD Ratio of Financial System as at June-2015 is 75.78%.


Item No. 20 (v) Priority Sector Advances

During the period under review, Priority Sector Advances in Punjab grew by ` 17671 crore, from ` 96990 crore as at June-2014 to `114661 crore as at June-2015 thus showing a growth of 18.21% as against an increase of ` 12287 crore or 14.50% during the corresponding period previous year. The share of incremental PS advances to incremental advances during the period under review is 88%.

Item No. 20 (vi)

Agriculture Advances


The Agriculture Advances in the State during the period under review witnessed an increase of `12669 crore, from ` 47057 crore as at June-2014 to ` 59726 crore as at June-2015 thus showing a growth of 26.92% as against an increase of ` 4542 crore or 10.68% during the same period last year.

The share of incremental agriculture advances to incremental advances during the period under review is 63 %.

Item No. 20 (vii) Advances to Micro & Small Enterprises (MSEs)

The Advances to Micro & Small Enterprises (MSEs) in the State during the period under review witnessed an increase of `1915 crore, from `41187 crore as at June-2014 to ` 43102 crore as at June 2015 thus showing a growth of 4.64 % as against an increase of ` 8735 crore or 26.91% during the same period last year.

Item No.20 (viii) Advances to Weaker Sector

During the period under review, the advances to Weaker Sector increased by `5041 crore, from ` 31231 crore as at June-2014 to `36272 crore as at June-2015, thus registering a growth of 16.14% as against an increase of ` 5823 crore or 22.91% during the same period last year.

Item No. 20(ix) DRI Advances


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

The progress achieved in DRI Advances up to June-2015 is as follows:-

(Amount ` in Thousands)

InstitutionTargets

(Accounts)

Achievement %age Achieveme

ntAccounts

Amount

Public Sector Banks

16640 4120 27473 24.75

Private Sector Banks

4860 79 14 1.00

Total 21500 4199 27487 19.53 (Bank-wise performance is as per Annexure-14) {Page 111}.

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

Item No. 21 Review of National Goals

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


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

Sr. No

Particulars Goal %

%age Position as onJune2013

June2014

June2015

a) Priority Sector Adv. to Net Bank Credit

40 49.40

52.33

56.25

b) Agriculture Adv. to Net Bank Credit

18 24.79

25.39

31.06

Out of abovei) Direct Agri. Adv. to Net Bank Credit

13.5 17.81

20.80

25.91

ii) Indirect Agri. Adv. to Net Bank Credit

4.5 6.98 4.59 5.15

c) Weaker Sector Adv. to Net Bank Credit

10 14.82

16.85

18.33

d) CD Ratio (Rural & Semi Urban) 60 64.98

63.00

66.25

e) Women Beneficiaries Advances to NBC

5 5.90 6.10 5.90

[Bank-wise performance under National Goals is as per Annexure-15 & 15(i) {Page 112-113}].

Observations:

The ratio of Priority Sector Advances to Net Bank Credit as at June-15 stands at 56.25 % as against National Goal of 40%.

The share of Agriculture Advances to Net Bank Credit, as at June-15 is 31.06 % against the National Goal of 18%.

The share of Direct Agriculture Advances to Net Bank Credit is 25.91% against National Goal of 13.5% and share of Indirect Agriculture Advances is 5.15% against National Goal of 4.5%.


The advances to Weaker Sector are 18.33% of Net Bank Credit, as against National Goal of 10%.

The CD Ratio of Rural & Semi Urban area is 66.25% against the national goal of 60%.

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

The House may review.

Item No. 22 Education Loan Scheme-suggested targets for 2015-16

Department of Financial Services, Ministry of Finance, Govt. of India, vide their e-mail dated 03.07.2015 has informed that the following decision taken in the FM’s review meeting in connection with education loan target for the year 2015-16:

“20% growth in disbursement and 15% growth in number of accounts”.

Accordingly convener bank allocated and conveyed the bank-wise/district-wise targets to all the banks. Copy of the same is attached as per Annexure 16 {Page 114}


Item No. 22(i)

Monthly progress of Education Loan.

Department of Financial Services, Ministry of Finance, Govt. of India has further desired that in order to monitor the progress of lending under education loan on monthly basis Ministry has desired to furnish the information upto June, 2015.


The information of all the banks has already been submitted to the MoF, the same is appended below for information of the house:-

(Rs in Crore)

Month No. of A/Cs as at the end of the

month

Amount of Loan disbursed during the

Month

Amount Outstanding

April 2015 29745 20.97 1100.60May 2015 29712 26.08 1110.57June 2015 29756 28.75 1122.61

Further from the month of July 2015 onwards, Ministry of Finance has desired to submit the information as per format at Annexure-16(i) {Page 115} on monthly basis.

Controlling heads of all the member banks are requested to send the information by 5th of each month to the convener bank for onward submission to MoF.

Item No. 22(ii)

Education Loan achievements.

The performance of Scheduled Commercial Banks as on 30.06.2015 for the financial year 2015-16 is as under:-

(Amount` in Crore)

Year Accounts Balance O/S

IncreaseAbsolute %age

June 2013 36031 958.50

June 2014 35680 1108.98 150.48 15.69Agenda papers of 133rd Meeting of SLBC-Punjab

June 2015 35372 1187.29 78.31 7.06 (Bank-wise position as at June 2015 is as per Annexure-17) {Page 116}.

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

Item No. 22(iii) Progress of Education loans to Women Students.

(Amount `in Crore)Total Amt advanced during the quarter

Out of which advances made to women student during the quarter

% of advances made to women student

No. of account

Amount No. of account

Amount

No. of accoun

t

Amount

1302 117.58 425 44.46 32.64 37.81 (Bank-wise position as at June-2015 is as per Annexure-17) {Page 116}

During the quarter ended June-2015, the banks in the State of Punjab have made 1302 education loans amounting to ` 117.58 crores, out of which 425 loans amounting to ` 44.46 crores have been made to female students. The percentage of loans advanced to women comes to 32.27% & 37.81% respectively for number of accounts and amount advanced.

This is for the information of the House.


Item No. 22 (iv) 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 June-2015 is placed below:-

(Amt . in ` lakhs)Number of Education Loan accounts outstanding as at quarter ended June 2015

Amount of Education Loan outstanding as at quarter ended June 2015

Out of 2, NPA outstanding as at quarter ended June 2015

%age of NPA under Education Loan as at quarter ended June 2015

Out of 2, education loan granted collateral free

Out of 5, NPA outstanding as at quarter ended June 2015

%age of NPA in collateral free accounts as on June 2015

1 2 3 4 5 6 735372 118729 4212 3.55 45276 2358 5.20

(Bankwise detail as per Annexure-17(i) {Page 117}.


Item No. 23 Advances to Minority Communities.

The comparative position is given below:-

(Amount `in Crore)MinorityCommunity

June 14 June 15 %ageGrowth

June 15 %ageGrowthJune15/

A/Cs AmtO/S

A/Cs Amt. O/S

A/Cs Amt. O/S


June14/June 13

June 14

Muslims 15750

368.68

12283 275.64

-25.23 19026

358.39 30.02

Christians 8336 149.99

7603 144.01

-3.99 7742 143.43 -0.40

Budhists 282 4.51 387 5.85 29.71 298 7.15 22.22Zoroastrians

174 6.71 110 2.56 -61.84 164 3.01 17.57

Jains 3063 369.38

3389 730.27 97.70

Total 24542

529.89

23446 797.44

50.49 30619

1242.25

55.77

(Bank-wise position as at June 2015 is as per Annexure-18 {Page 118}

The overall advances to minority communities have registered an increase of ` 444.81 crore, from ` 797.44 crore as at June-2014 to `1242.25 crore as at June-2015, thus showing a growth of 55.77%. During the quarter ended June-2015, banks disbursed advances to the tune of `175.75 crore to borrowers belonging to minority communities.

The bank-wise position is given as per Annexure 18(i) {Page 119}.


Item No. 23(i) Advances to Women Beneficiaries

The comparative position is given below:-

(Amount ` in Crore) Year Account

sAmt. O/S

Increase %age to Net Bank


CreditAbsolute

%age

June 13 286126 10112.18

660.52

June 14 331333 11307.89

1195.71 11.82 6.16

June 15 380501 13223.37

1915.48 16.93 6.49

(Bank-wise position as at June 2015 is as per Annexure-19 {Page 120}).

The overall advances to women beneficiaries witnessed an increase of ` 1915.48 crore from ` 11307.89 crore as at June-2014 to ` 13223.37 crore as at June-2015, thus registering a growth of 16.93%. In the State of Punjab, the share of advances to women beneficiaries to Net Bank Credit as at June-2015 stands at 6.49%, against the target of 5%.

The bank-wise position in respect of advances to women beneficiaries to total advances as at June-2015 is given as per Annexure-19(i-ii) {Page 121-122}.

During the quarter ended June-2015, banks have disbursed loans to the tune of `1635.81 crore to women beneficiaries. The bank-wise position is given at Annexure-19(iii) {Page 123}.

Item No. 23(ii) Advances to SC Beneficiaries

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


(Amount ` in Crore)

Year Accounts Balance Outstanding

IncreaseAbsolut

e%age

June 2013 335213 3159.10June 2014 334613 3597.44 438.34 13.87June 2015 364704 3840.17 242.73 6.74 [Bank-wise position as at June 2015 is given in Annexure-11(ii) {Page 106}].

The overall advances to SC beneficiaries witnessed an increase of `242.73 crore during the period under review, from ` 3597.44 crore as at June-2014 to `3840.17 crore as at June-2015, thus showing a growth of 6.74%.

The House may review

REVIEW OF GOVT. SPONSORED SCHEMES & PROGRAMMES

Item No.24 Review of Govt. Sponsored Schemes & Programmes

Item No.24 (i)

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

It has been informed by Rural Development Department, Govt. Of Punjab, that since SGSY scheme has been merged with newly started scheme NRLM, so as per the directions of MORD no new SHG group are to be formed under SGSY scheme w.e.f 31st March 2013 and data reporting also does not get generated online. In view of the transition phase of SGSY to NRLM, no targets were


given by the State Govt. The scheme is being implemented in 14 blocks of 5 districts i.e. Taran-Tarn, Ferozepur, Sangrur, Patiala & Gurdaspur on pilot basis.. The performance of these 5 districts is as per Annexure-20 {Page 124}.

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

Item No.24(ii)

Margin Money Target allocation for the year 2015-16 under PMEGP Scheme.

The targets under PMEGP for the implementing agencies KVIC, KVIB & DIC has been allocated for the year 2015-16 by the Khadi and Village Industries Commission. The Copy of the same attached as per Annexure 21 {Page No.125} is placed before the house for approval of the same.

The house may approve the same.

Item No.24(iii)

Prime Minister Employment Generation Programme (PMEGP).

KVIC has informed the following progress under PMEGP for the year 2015-16 up to 30.06.2015:-

Particulars KVIC KVIB DIC TotalRural Urban

TargetNo. of Projects 257 257 173 172 859Margin Money(Rs. in Lakh)

550.47

550.47 368.04 365.91 1834.90

Employment 2056 2056 1384 1376 6872ProgressCases disbursed

36 44 52 132

Margin Money 206.0 101.11 187.22 494.35


Released 2Employment 256 312 369 937

Observations:

A sum of `494.35 lakhs has been disbursed as margin money in the 132 cases disbursed upto 30.06.2015 in which 937unemployed youth have been provided employment.

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

During the deliberations in the 2nd meeting of Steering Committee to SLBC held on 2307.2015, the representative of KVIC informed the house that in the event of non availability of infrastructure for providing EDP training at KVIC/KVIB, Central and State Govt. Agencies, RSETI/ RUDSETI, Khadi Institutions( KI) infrastructure should be utilized. Copy of the letter is attached as per Annexure 21(i) {Page 126-127} for information of the house.

Item No.24 (iv) Swarn Jayanti Shahari Rozgar Yojana (SJSRY)

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).

Convener Bank has already send the targets (Copy again attached as per Annexure 22 {Page No.128} to all the LDMs and have requested them to distribute the same amongst the banks in the cities of your district and ensure to review the same regularly as one of the agenda items in DCC/DLRC meetings.

This is for information of the house.Agenda papers of 133rd Meeting of SLBC-Punjab

Item No.25 Micro Financing – Self Help Groups

The summary of progress made in implementing the concept of Self Help Groups both under the Scheme of SGSY and Normal Lending up to 30.06.2015 is given below:-

SHGsAs on 31.03.2015

SHGsAs on 30.06.2015

Gap between SHG formed & credit linked as on 30.06.2015

From 01.04.2015up to 30.06.2015

No. of SHGs formed

No. of SHGs credit linked

No. of SHGs formed


No. of SHGs formed


33519 22985 33803 23234 10569 284 249 (District wise Progress is as per Annexure-23&23(i) {Page 129-130}Observations:

Up to 30.06.2015, 33803 Self Help Groups have been formed out of which 23234 Groups have been credit linked since inception of the scheme.

The gap between the SHGs formed & linked with bank credit is 10569. During the period ended up to June-2015, in all together 284 Groups have been formed.

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


Item No.25(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 30.06.2015 is given below:-

JLG Financed upto31.03.2015

JLGs Financed during the quarter

Total JLGs Financed

Up to 30.06.2015

8732 803 9535 (Districtwise performance is attached as per Annexure-23(ii) {Page 131}

Member banks are again requested to reiterate guidelines to 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. 26 Annual Credit Plan 2015-16.

Item No.26(i)

Revised targets for 2015-16 under ACP

The State Focus Paper for the year 2015-16 was launched by NABARD on 30.01.2015. Based on the Potential Linked Plan of each district. LDMs has prepared the ACP of the each District and allotted the targets to banks in the districts accordingly.

Reserve Bank of India, vide their letter RBI/2014-15/573 FIDD.CO.Plan.BC.54/04.09.01/2014-15 dated April 23, 2015 has issued revised guidelines for Priority Sector Lending and its targets/ classification.


The salient features of the guidelines are as under:-

(i)Categories of the priority sector: Medium Enterprises, Social Infrastructure and Renewable Energy will form part of priority sector, in addition to the existing categories.

(ii) Agriculture: The distinction between direct and indirect agriculture is dispensed with.

(iii) Small and Marginal Farmers: A target of 8 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, has been prescribed for Small and Marginal Farmers within agriculture, to be achieved in a phased manner i.e., 7 percent by March 2016 and 8 percent by March 2017.

(iv) Micro Enterprises: A target of 7.5 percent of ANBC or Credit Equivalent

Amount of Off-Balance Sheet Exposure, whichever is higher, has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e. 7 percent by March 2016 and 7.5 percent by March 2017.

(v) There is no change in the target of 10 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, for Weaker Sections.

(vi) Target for Foreign Banks: Foreign Banks with 20 branches and above already have priority sector targets and sub-targets for Agriculture and Weaker Sections, which are to be achieved by March 31, 2018 as per the action plans submitted by them and approved by RBI. The sub-targets for Small and Marginal Farmers and Micro Enterprises would be made applicable post 2018 after a review in 2017. Foreign banks with less than 20 branches will move to Total Priority Sector Target of 40 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, on par with other banks by Agenda papers of 133rd Meeting of SLBC-Punjab

2019-20, and the sub-targets for these banks, if to be made applicable post 2020, would be decided in due course.

(vii) Bank loans to food and agro processing units will form part of Agriculture.

(viii) Export credit: Export credit upto 32 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher, will be eligible as part of priority sector for foreign banks with less than 20 branches. For other banks, the incremental export credit over corresponding date of the preceding year will be reckoned upto 2 percent of ANBC or Credit Equivalent Amount of Off-Balance Sheet Exposure, whichever is higher.

(ix) The loan limits for housing loans and MFI loans qualifying under priority sector have been revised

(x) The priority sector non-achievement will be assessed on quarterly average basis at the end of the respective year from 2016-17 onwards, instead of annual basis as at present.

The revised guidelines are operational with effect from the date of this circular i.e 23.04.2015.

Lead District Managers have informed that all the statements are generated through Smuridhi Package of NABARD and the changes in guidelines of Priority Sector is yet to be incorporated in the Smuridhi Package.

The representative of RBI/NABARD is requested to deliberate on the issue and apprise the house the action required to be taken at the field level.

Item No. 26(ii) Annual Credit Plan 2014-15 Agenda papers of 133rd Meeting of SLBC-Punjab

Achievements up to 30.06.2015

The achievement under Annual Credit Plan (2015-16) up to June-2015 is given below:- (Amount ` in crore)Sector ACP 2014-15 up to

June 2014ACP 2016-16 up toJune 2015

Targets Ach. % Ach.

Targets

Ach. % Ach.

Agriculture 19891 20391

103 23034 24045

104

NFS (MSME) 5417 3815 70 8167 7008 86Other Priority Sector

Education

586 252 435276 3204 61

Housing 1408 761 54Others 2430 2247 92

Total 29733 27466

92 36477 34258

94District-wise & Bank-wise disbursement under ACP Annexure-24 & 24(i) {Page 132-135}District-wise & Bank-wise Targets vis-à-vis Achievements under ACP Annexure-25 &25(i) {Page 136-137}District-wise & Bank-wise outstanding under ACP Annexure-26 &26(i) {Page 138-141}

As against overall targets of `36477crore, Banks have disbursed loans to the order of ` 34258 crore, The percentage achievement works out to 94%.

As against target of ` 23034 crore under agriculture & allied sector, Banks have disbursed ` 24045 crore. The achievement is 104%.

Banks disbursed loans amounting to `7008 crore against the target of `8167 crore set forth for MSME. The achievement comes to 86%.

Banks disbursed loans to the tune of ` 3204 crore under Other Priority Sector against the target of ` 5276 crore. The achievement comes to 61%.


District wise Analysis

The perusal of district-wise progress up to June-2015 under ACP 2015-16 is given at Annexure 24 which reveals as under:-

The overall targets have been exceeded in 10 districts i.e. Barnala, Bathinda, Faridkot,, Ferozepur, Gurdaspur, Hoshiarpur, Kapurthala, Mansa, Muktsar, Taran Tarn and missed by varying margins in other districts.Similarly, the targets under Agriculture & Allied Sector have been achieved in 13 districts i.e. Barnala, Bathinda, Faridkot, Fatehgarh Sahib, Ferozepur, Gurdaspur, Hoshiarpur, Kapurthala, Mansa, Mohali, Muktsar, SBS Nagar, and Taran Tarn and missed by varying margins in other districts. The targets under MSME Sector have been exceeded in 9 Districts i.e. Amritsar, Bathinda, Faridkot, Ferozepur, Hoshiarpur, Moga, Muktsar, Patiala and Sangrur and missed by varying margins in remaining districts.The targets under Other Priority Sector have been achieved in 3 Districts i.e. Moga, Muktsar and SBS Nagar and missed by varying margins in remaining districts.

Bank-wise Progress:

The study of bank-wise progress given as per Annexure 25 as follows:-

Agriculture & Allied ActivitiesAs against target of ` 12694 crore under agriculture sector, Commercial Banks, have disbursed loans amounting to ` 12743 crore. The achievement works out to 100.38%.

As against target of ` 2645 crore under agriculture sector, Private Sector Banks, have disbursed loans amounting to ` 3419 crore. The achievement works out to 129%.


As against target of ` 1304 crore under agriculture sector, RRBs have disbursed loans amounting to ` 2150 crore, thus showing achievements of 165%.

As against target of ` 6390 crore under agriculture sector, Cooperative Banks have disbursed loans amounting to ` 5732 crore, thus showing achievements of 90%.

MSME SectorAs against target of ` 6441 crore under this sector, Commercial Banks have disbursed loans amounting to `5337 crore. The achievement comes to 83%.

As against target of ` 1489 crore under this sector, Private Sector Banks have disbursed loans amounting to ` 1602 crore. The achievement comes to 108%.

As against target of ` 29 crore under this sector, RRBs have disbursed loans amounting to ` 25 crore. The achievement comes to 85%.

As against target of ` 208 crore under this sector, Cooperative Banks have disbursed loans amounting to ` 44 crore. The achievement comes to 21%.

Other Priority Sector As against target of `3782 crore under this sector, Commercial Banks have disbursed loans amounting to `2062 crore, the achievement comes to 55%.

As against target of `730 crore under this sector, Private Sector Banks have disbursed loans amounting to `549 crore, the achievement comes to 75%.


As against target of `60 crore under this sector, RRBs have disbursed loans amounting to ` 36 crore, the achievement comes to 59%.

As against target of `703 crore under this sector, Cooperative Banks have disbursed loans amounting to `558 crore, the achievement comes to 79%.

The house may review the progress.

Item No. 26(iii)

NPA in Agriculture Sector

The position of NPAs under Agriculture Loans in the State of Punjab as on 30.06.2015 is given as under:

(Amount ` in Crore)Outstanding under Agriculture Loans

NPA under Agriculture loans

%age of NPA to Agri. advances

Total Advances

%age of NPA to total advancesNo. of

Accounts

Amount

No of Accounts

Amount

2792831

69034 75714 1931 2.80 215268 0.90(Bank wise progress is as per Annexure-27) {Page 142}

NPA under Agriculture are to the tune ` 1931 cores which is 2.80% of agriculture advances outstanding and 0.90% of total advances respectively in the State.

This is for the information of the House.

Item No.27

Farmers’ Club Programme


The cumulative progress achieved in formation of Farmers’ Clubs in Punjab as at 30.06.2015 is as follows:-

Farmers’ Clubs FormedProgress during 2015-16

up to June-2015

Cumulative Position

As at June-20154 2546

During the financial year 2015-16, Commercial banks in Punjab have launched/ established 4 new Farmers’ Clubs.

The House may review the progress.

Item No.28

National Horticulture Board & National Horticulture Mission

The summary of the progress achieved in LOI cases of National Horticulture Board as on 30.06.2015 is as follows:-

(Amount `in Lakh)Year LOI Issued Cases

disbursedSubsidy Released

2010-11 25 62 209.632011-12 11 15 688.232012-13 4 3 6.602013-14 22 21 622.622014-15 50 10 616.702015-16 39 NIL NIL


The House may review the progress.

Item No. 29 Advances to Industrial Sector

Item No. 29 (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).

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

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

The allocation of 60% of MSE advances to the micro enterprises is to be achieved in stages viz. 50% in 2010-11, 55% in the year 2011-12 and 60% in the year 2012-13,Agenda papers of 133rd Meeting of SLBC-Punjab

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 June 2013 June 2014 June 2015

Accounts

Amount

Accounts

Amount

Account Amount

Micro Enterprises

233232 13116 292226 17397 322124 19138

Small Enterprises

70862 19336 74298 23859 76598 24054

Micro & Small Enterprises (MSE)

304094 32452 366524 41256 398722 43192

Share of advances to Micro Enterprises / MSE

Not Applicabl

e

41% Not Applicabl

e

42% Not Applicabl

e

44%

Medium Enterprises (ME)

2794 7226 3467 8296 13883 8771

MSME 306888 39678 369991 49558 412605 51963 (Bank-wise performance is as per Annexure-28& 28(i) {Page 143-144}.Observations

In the State of Punjab, banks have provided credit to the tune of `43192 crore to 398722 Micro & Small units up to June-2015 as against ` 41256 crore to 366524 units as at June-2015. The annual growth in number of micro enterprises accounts is 10.23% against the target of 10%. The YoY growth of credit to MSEs is 4.69% against the target of 20%.


The share of advances to micro enterprises to total MSE as at June-2015 is 44% against stipulated level of 60% required to be achieved for 2012-13.

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

Item No. 29.i (a) Financing of New Units

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

The position of financing of New Units up to June-2015 is given below:-

(Amount ` in Crore)Institution Number of

U/SU Branches

New SME Units Financed Per Branch New SME Accounts Opened

Number Amount

Commercial Banks

3190 24169 3529 7.58

RRBs 68 547 5 8.04Total 3258 24716 3534 7.59 (Bank-wise performance is as per Annexure 28(ii) {Page 145}

Observations:

During the period upto June-2015, 3258Urban/ Semi Urban branches of banking system in Punjab have financed 24716 new accounts under SME sector.

The per branch new SME account comes to 7.59 as against annual target of 5 cases per branch.Agenda papers of 133rd Meeting of SLBC-Punjab

The performance is satisfactory.

Item No. 29.i (b)

Collateral Free Loans to MSME

The position for the quarter ending June-2015 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

June-2013 7622 23572 6133 18211June-2014 8922 34966 7511 30859June-2015 22093 60213 20101 39942 (Bank wise information is as per Annexure-28(iii) {Page 146}

Banks have provided loans up to ` 10 lakh to 22093 MSE units during the quarter ended June-2015, out of which collateral free loans have been provided to 20101 units which means the coverage is 91%.

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. 29.i (c)

Position of NPA in MSME advances

The relevant data in this regard for quarter ended June-2015 is placed below:-

(Amt. in ` crore)Number Amount Out of 2, %age of Out of Out of


of MSME Loan accounts outstanding as at quarter ended June-2015

of MSME Loan outstanding as at quarter ended June-2015

NPA outstanding as at quarter ended June-2015

NPA under MSME Loan as at quarter ended June-2015

2, MSME loan granted collateral free

5, NPA outstanding as at quarter ended June-2015

1 2 3 4 5 6412605 51962 3296 6.34 5224 842

(Bank-wise detail as per Annexure-28 (iv) {Page 147}


Item No. 29.i (d)

Review of Growth in MSE Accounts

The relevant data in respect of Commercial Banks for quarter ended June 2015 is placed below:-

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

No. of Accounts as

on 31.03.2015

New accounts opened

during the Financial year upto June-2015

% growth in No. of Accounts

Credit Outstanding as on June-2015

Credit provided

during the Year upto June-2015

% growth

in credit.

271034 33739 12 4425223 4376 10 (Bank wise position as per Annexure-28 (v) {Page 148}

Observations:

During the period under review the Commercial Banks in the State opened 33739 new accounts of Micro Enterprises showing prorata growth of 12 % in the number of accounts opened during this fiscal year.


Banks in the State have provided fresh credit to the tune of `4376 crores to MSE during the period under review, thus showing a growth of 10%.


Item No. 29.i (e)

Position of Sick MSEs.

The position of sick SME units as at June-2015 is as follows:-

(Amt. ` in Crores)SME units

identified as sick as at

30.06.2015

SME units classified as Units under

nursing

Units where

viability decision yet to be

takenUnits Amt. Viable Non viable Units Amt. Units Amt.

Units

Amt. Units Amt.

12561

1621.98 267 211.8

81218

51318.0

9 81 229.86 109

92.01

(The bank-wise data is available on Annexure 29 {Page 149}


Item No. 29.i (f)

Credit Guarantee Fund Scheme for Micro & Small Enterprises

The comparative position of coverage under the scheme is as follows:Agenda papers of 133rd Meeting of SLBC-Punjab

(Amount ` in lakh)

Cumulative Coverage

As on 31.03.2015

Coverage during 2015-16

(Upto June-2015)

Cumulative Position

as at June-2015

Accounts

Amount Accounts

Amount Accounts

Amount

35376 239213 1587 9902 36963 249115(Bank wise performance is as per Annexure-30) {Page 150}

Observations:

The banks, up to June-2015, have covered 36953 MSE units amounting to ` 249115 lakh under the Credit Guarantee Fund Scheme. Upto the period ended June-2015, banks have covered 1587 cases under the scheme amounting to ` 9902 lakh.

The house may review the performance

Item No.30 Recovery of Banks' Dues - Pending Recovery Certificates under State Recovery Acts

The position as at June-2015 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 401 4776.26Agenda papers of 133rd Meeting of SLBC-Punjab

quarterii Total pending cases 1193 3906.36

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

218 806.42

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

94 395.09

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

881 2704.85

(District-wise & Bank wise position is as per Annexure 31 & 31(i) {Page 151-53}

Observations:

As many as 1193 cases filed under State Recovery Acts involving a sum of ` 3906.36 lakh are lying pending with Recovery Officers. 881RCs with amount outstanding to the tune of ` 2704.85 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 Amritsar, Ferozepur, Kapurthala, Ludhiana Muktsar & Tarn Taran and of Banks namely Punjab National Bank, OBC, SBI, SBOP, Central Bank & Punjab Gramin Bank.

Revenue Department is requested to expedite recovery in pending cases.

Item No. 31 Delay in taking possession of assets by Chief Metropolitan Magistrates/District Magistrates under section 14 of SARFAESI


Act, 2002.

Department of Institutional Finance & Banking vide their letter dated 10.09.2012 has desired to review the position of pending cases under SARFASAI in the State of Punjab. The Bank wise position of pending cases under as on 30.06.2015 is as under:-

(Amt ` in Lacs)

No. of Pending Cases with Metropolitan Magistrates/District Magistrates

Cases pending for more than one Month

Amount Involved

219 203 89501 (Bank wise Position is as per Annexure 32) {Page 154-160}


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

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


Such an initiative would lead to smoothening the process of access to the formal credit delivery system by tenant farmers/oral lessees/share croppers, etc. thereby helping the JLG programme to scale new heights.Director, Agriculture Department Govt. 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. 33 Yearly Calendar of holding SLBC meetings

Calendar for the year 2015-16 was already placed in the 131st

meeting of SLBC which was approved by the house. The 134th

SLBC as per the approved calendar is scheduled to be held on 17th November 2015 (Tuesday).

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 Chair

ITEMS FOR INFORMATION OF THE MEMBERS


Item No. 34 Ground level Credit data

NABARD has desired to monitor the progress of GLC data of various

facets in Ground level credit disbursement by the financial institutions in

the State of Punjab.

The same is placed as Annexure-33 {Page 161} for information

of the house.The house may discuss.

Item No. 35 Indira Gandhi Matritva Sahyog Yojana (IGMSY)

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


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

Item No. 36 Punjab Sarv Sehat Bima Yojana.

In order to provide cashless health insurance to entire population in the State, Department of Health and Family Welfare, Punjab is implementing Punjab Sarv Sehat Bima Yojana in the State and DIF&B is the Nodal Agency for implementation of the scheme and will coordinate with the banks for successful implementation of the scheme.Convener Bank has sent the draft of MoU to be signed to Department of Institutional Finance & Banking.

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

Item No. 37 National Handicapped Finance and Development Corporation (NHFDC)

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

NHFDC has recently tied-up with 3 Public Sector Banks (Bank of Baroda, Andhra Bank & IDBI Bank) and 24 Regional Rural Banks for flow of collateral free concessional credit (interest rate of 4-8% per annum) to PWDs for self employment under credit guarantee scheme of Government of India. These banks will also extend education loans to eligible students with disabilities for higher education in India or abroad at an interest rate of Agenda papers of 133rd Meeting of SLBC-Punjab

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

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.38

Basic Banking Accounts and issuance of GCCs

The progress achieved by banks in opening of Basic Banking Accounts and issuance of GCCs up to June-2015 in Punjab State is as follows:-

(Amount ` in Lakh)Basic Banking Accounts

OpenedGCCs Outstanding

Number Amount Number Amount8731025 359330 154973 326366

(Bank wise progress under Basic Banking Accounts is as per Annexure 34) {Page 162}(Bank wise progress under issuance of GCCs is as per Annexure 34 (i) {Page 163}

Observations:-

Banks during the quarter ended June-2015 have opened 357941“Basic Banking Accounts” having balance of ` 12804 lakh.

Banks during the quarter ended June-2015, banks have issued 17878 GCCs amounting to ` 14583 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 39 Providing Saving-cum-OD Account Facility

to other families living in Rural Areas having no Land

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

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

House may discuss.

Item No.40

Dairy Entrepreneurship Development (DEDS) Scheme.


Dairy Entrepreneurship Development is a central sector scheme for generation of self employment opportunities in the dairy sector, it is covering activities like improvement in milk production, procurement, preservation, transportation, processing and marketing of milk. The performance under the scheme upto q.e. June-2015 is as under:-

(Amt. ` in Lacs)Targets under

DEDSFor 2015-16

Achievements up to June-2015

%achievement

Not allocated by Deptt

11798 N.A.(Bank wise progress is as per Annexure 35) {Page 164}


Item No.41

Progress of Agro Food Processing Industries.

The performance under the scheme upto q.e. June-2015 is as under:

(Amt. ` in Lacs)Advances made during the quarter June-2015

Commulative figuresup to June-2015

No. of A/cs

Amount No. of A/cs Amount

411 32749 411 32749(Bank wise progress is as per Annexure 36) {Page 165}


Item Swarojgar Credit Card Scheme


No.42

The progress up to June-2015 under the Scheme is as under:- (Amt. ` in Lac) Particulars Commerci

al BanksRRBs Coop.

BanksTotal

Annual Target (Nos.) 5000 2000 3000 10000No. of SCCs Issued 99 1496 8 1603Amount Disbursed 32 741 3 776

(Bank-wise progress is as per Annexure-37) {Page 166}

The analysis of the data reveals that against the annual target of 10000 Swarojgar Credit Cards (SCCs), Banks up to June-2015 have issued 1603 cards amounting to `776 lac.

The house may review the progress please.

Item No. 43 Kisan Credit Card (KCC) Scheme

The progress achieved by banks in implementing Kisan Credit Card scheme up to 30.06.2015 is given below:-

(Amt. ` in crores)Period Sanctioned Disbursed Outstanding

No. of

KCCs

Amount

No. ofKCCs

Amount

No. ofKCCs

Amount

Commercial Banks2006-2007

127378 1922.72 126600 1991.76 125885 1968.40

2007-2008

132795 2740.04 132217 2705.51 130283 2610.29

2008-2009

165774 3717.19 165218 3601.61 164644 3536.68

2009- 148942 3660.91 147827 3572.18 147453 3562.37


2010 2010-11 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

Since inceptionup to June-2015

2701777

85975.64

2616929

82978.22

1004791

60472026

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 239.312013-14 15804 192.45 15804 192.45 15804 192.452014-15 13840 128.08 13840 128.08 13840 128.07Since inceptionup June-2015

990980 7738.30 990960 7688.26 1026528

6364.18

Total since inception

3692790

93726.11

36079.20

90678.60

2031340

66848.56

(Bank-wise progress up to June-15 is as per Annexure-38) {Page 167}

Highlights

From 1st April 2015 to 30th June-2015, the Commercial Banks have sanctioned 64928 Kisan Credit Cards amounting to `4818.50 crores and disbursement has been completed in 64796 cases to the extent of `4656.73 crores. In addition to this, during the same period, Cooperative Banks have Agenda papers of 133rd Meeting of SLBC-Punjab

sanctioned 3219 Kisan Credit Cards amounting to ` 17.40 crores.

Since inception of the scheme, Commercial and Cooperative Banks jointly have sanctioned kisan credit cards to 3692790 farmers amounting to ` 93726.11 crores in the State, out of which disbursement has been made to farmers to the tune of `90678.60 crores. On cumulative basis, there are 2031340 outstanding KCCs amounting to ` 66848.56 crores as at 30.06.2015.


Item No. 43(i) KCC-ATM cum Debit Cards position.

The position of KCC outstanding and the number of ATM Debit Card issued to the KCC holders as on 30.06.2015 is as under:

KCC outstanding as on June-2015

ATM-cum Debit card issued up to June-2015

No. Of KCC holders without ATM cards.

2031340 593341 1437999 (Bank wise position is as per Annexure-38(i) {Page 168}


Item No. 44 Golden Jubilee Rural housing Finance Scheme

The progress achieved under the scheme up to 30.06.2015 is given below:


(Amount ` in lac)During quarter ended

June-2015Cumulative up to

June-2015Sanctioned Disbursed Sanctioned DisbursedNo. Amt. No. Amt. No. Amt. No. Amt.

10829

47673 10834 15929 10829 47673

10834

15929

(Bank-wise position is given as per Annexure 39) {Page 169}.

Observations:

During the quarter ended June-2015, under Golden Jubilee Rural Housing Scheme, banks have sanctioned loans to 10829 beneficiaries amounting to ` 47673 lac and disbursement has been completed in 10834 cases to the tune of ` 15929 lac under the Scheme.

This is for information of the members.

Item No. 45 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 June-2015 is given below:

(Amt. ` in crore)


Sr. No.

Particulars Previous quarter

ended March-2015

Current quarter ended

June-2015

No. Amount

No. Amount

a) Loans sanctioned to SSI

9938 1687.26 18317

1207.27

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

4973 1094.20 4385 669.64

(Bank-wise performance is as per Annexure-40 {Page 170}

Highlights

During the quarter ended June-2015, banks have sanctioned loans amounting to ` 1207.27 crore to 18317 SSI units. Out of these, loans amounting to ` 669.64 crore have been sanctioned to 4385 SSI units as per Nayak Committee Norms. It reveals that while assessing the credit requirements of SSI units requiring funds up to ` 5 crore, Banks have applied norms based on Nayak Committee recommendations in 50% of

cases. The feedback from Banks also indicates that in remaining cases the borrowers were not willing to avail the credit limits as per Nayak Committee Recommendations, due to the turnover of current assets being high and/or higher level of creditors. This is for information of the House.

Item No. 46 Rajiv Rinn Yojna (RRY).


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

RRY has been formulated by modifying the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) piloted in the 11 th

Plan period with enhanced scope, coverage. Detailed guidelines of Rajiv Rinn Yojana are uploaded on the Ministry’s website www.mhupa.gov.in.

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


Item No. 47 Government Sponsored Subsidy Schemes under farm & non farm sector.

In order to create infrastructure and increase capital formation in agriculture and SSI, the Government of India has launched various schemes, wherein the Govt. of India also provides subsidy. NABARD is nodal agency for implementation of all such schemes. The progress up to 30.06.2015 made under different schemes conveyed by NABARD is placed below:-


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

(Amount ` in lakh)S.No

.Scheme Cases Financi

al Outlay

Bank Loan

Subsidy Sanctione

d1 Cold

Storage132 17102 10160 3153

2 Rural Godowns

1492 133604 97476 18902

3 ACABC 9 79 71 264 CLCSS 419 NA 16578 24845 AMI 1798 81983 58333 204716 Solar

Schemes(Lighting & water heater)

38 29 14 8

7 NPOF 133 868 514 164

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 Agenda papers of 133rd Meeting of SLBC-Punjab

Inputs under National Project of Organic Farming.

This is for the information of the members.


SLBC & BANKS

COMMITTED TO

TOTAL FINANCIAL

INCLUSION IN THE STATE

the project launched by revenue department of state ... meetings/agenda 133rd slbc... · web...

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