42nd SLBC Agenda

SLBC Jharkhand: Convener-Allahabad Bank

STATE LEVEL BANKERS’ COMMITTEEJHARKHAND

AGENDA NOTES FOR 42nd SLBC MEETING

DATE 14.02.2013TIME 12.00 NOON

VENUE Hotel Capitol Hill ,Ranchi

CONVENOR: ALLAHABAD BANK


AGENDA FOR 42nd MEETING OFSTATE LEVEL BANKERS’ COMMITTEE, JHARKHAND

INDEXAGENDA

ITEMNO.

AGENDA ITEMS PAGENo.

1. Confirmation of the minutes of 41st SLBC meeting of Jharkhand Stateheld on 09th November’2012.

1

2. Action taken report on the decision taken in 41st SLBC meeting. 2

3. Key indicators of all scheduled Commercial Banks. 5

4. ANNUAL CREDIT PLAN FY 2012-134.1. Performance under various parameter of ACP 2012-13 for theQuarter ended 31st December’ 2012.4.2. Preparation of ACP for FY 2013-14 & use of PLP for the purpose.

10

115. Review of Lending under

5.1. Agriculture & Kishan Credit Card including Special Incentivescheme for KCC application mobilization.

12

5.2. MSE & MSME. 14

5.3. Education Loan. 16

5.4. Housing Loan. 16

5.5. ACC & SCC. 17

5.6. Special category of Borrowers. 18

5.7. Scheme for Revival, Reform & Restructuring of Handloom sector. 20

5.8. Scheme for Financing of Woman SHGs. 21

6. Review of progress under Govt. Sponsored programmes. 22

7. FINANCIAL INCLUSION7.1. Roadmap- Provision of Banking Services in villages withpopulation below 2000 as per RBI guidelines.

24

7.2. Branch expansion as per para 5.3.of Strategy & Guidelineson FI by DFS, MOF, GOI).

26

8. Important issues for implementation as per MoF, GoIInstruction8.1. Rollout of Direct Benefits Transfer from 01st January’ 2013.8.2. Seeding of Aadhaar number in CBC of the Banks.8.3. Mapping of Gram Panchayats and planning for BCA/CSC for

Sub- service area approach.8.4. Operationalization of CSC as Business Correspondent.8.5. Installation of onsite ATMs in all branches.8.6. Installation of Biometric Cash dispenser in rural & Semi- Urban

areas.8.7. Putting up of guidelines issued by DFS, MOF, GOI in DLCCmeeting.

282929

303131

31


8.8. Uploading of service Area Plan on the District Web site maintainedby NIC.

8.9. Financial Inclusion drive to open Bank accounts of Migrant Laboursand Street Vendors/Hawkers in Urban areas.

8.10. Micro Insurance and Non-Life Insurance through BCs.

32

32

329. R- SETIs – progress on functioning. 33

10. Review of NPA/ strategies for recovery. 35

11. Functioning of various SLBC Sub-Committees. 38

12. Miscellaneous 41

13. Any other matter with the permission of the chair. 44

Index of AnnexureSerial No Particulars Page

No.1 Key parameters. 432 Important parameters. 453 Branch network. 474 Outstanding position of Deposit and advance. 495 Investment as per place of utilization. 526 Achievement under Annual Credit Plan (ACP). 577 Agriculture Advance (Outstanding). 608 Kishan Credit Card (KCC). 639 Micro, Small & Medium Enterprises (MSME). 6510 Education Loan. 7111 Housing Loan. 7412 Special Scheme – GCC , ACC, SCC. 7713 Outstanding Credit to Different category Bank wise. 8014 Prime Minister’s Employment Generation Programme (PMEGP). 8215 Self Help Group (SHG). 8416 Branch opening as per Para 5.3 8717 Evaluation of RSETIs 9118 Recovery Position under PSC. 9419 Recovery Position under Govt. Sponsored. 9620 NPA position. 9821 Position of Certificate Case. 10122 Position of DRT cases. 103


Minutes of 41st SLBC meeting of Jharkhand State held on 09th November’2012,circularized to all concerned vide letter no. SLBC/AB/02/609dated 20th November’2012, enclosed for ready reference as enclosure no.1Page no. 105 .

Minutes may please be confirmed by the house as no communicationrequesting amendments has been received.

AGENDA NO. 1DATE OF MEETING 14.02.2013MEETING NO. 42

Confirmation of the minutes of 41st SLBC meeting held on09th November’2012.


SL.NO Pendingsince

ISSUES PRESENT STATUS

2.1.1 22.03.2002 Updating of land records andAmendment in tenancy Act (S.P.TAct & C.N.T. Act)State Govt. is to update landrecords and consider necessaryamendment in tenancy Act toenable the farmers andentrepreneurs to offer land ascollateral security for raisingcredit from Banks.

Updation of land records completedin Lohardaga and East Singhbhumdistrict and updation is complete tothe extent of 75-80% in 10 districts vizKhunti, Sahibganj, Chatra, Gumla,Latehar, Jamtara, Garhwa, WestSinghbhum, Ranchi and Dumka. Innext phase the work will start inPalamu, Giridih, Godda & SimdegadistrictsAmendments in C.N.T. Act and S.P.T.Act can be taken up only after nod ofTribal Advisory Committee which is stillawaited.

2.1.2. 22.03.2005 Amendment in PDR Act- StateGovt. in line with MP &UPrecovery Acts, which are modelPDR Acts, shall make necessaryamendment on the issue ofpaying fees upfront andincentives to Recovery Officer.Govt. of Bihar vide Guzzet no.417 dt 22.06.2010 amended.Bihar and Orissa public demandrecovery Act 1914.As peramendments a nationalizedbank shall be required to pay25% of the requisite court fee atthe time of filing certificate andthe balance 75% shall be onsubsequent installment of thecertificate amount realized.

The proposal for making necessarychanges has been referred to theLaw department. The notification inthis connection will be issued by theMember, Board of Revenue aftergetting clearance from LawDepartment.

2.1.3. 09.02.2012 UP Agriculture Money recoveryAct –In Uttar Pradesh special Act forrecovery of Agriculture dues is inplace, where no processing feeis required to pay for filing thecase. 10% Recovery Charges arerealized by Govt. officials anddeposited in Govt. A/C, rest 90%depositing in loan account.

The Revenue and Land Reform deptt.Is analyzing the proposal in thecontext of CNT and SPT Act. Thematter is also under consideration ofTribal Advisory Committee.


Action taken report on the decision taken in previous SLBC meetings.

Issues pertaining to State Govt.


SL.NO Pendingsince

ISSUES PRESENT STATUS

2.1.4. 20.03.2009 “Amendment to the Bihar MoneyLenders Act 1974 and Rules” asprevalent in Jharkhand.The State Govt. assured to initiatethe process very soon for makingamendment to “The Bihar MoneyLenders Act 1974 and Rules” andalso in the provision of PDR Act.

On 18.12.2012, the Principal Secretary,Revenue & Land Reforms held ameeting in which the articles ofamendment in the Bihar MoneyLender’s Act-1974 were finalized andnecessary formalities to make theamendment are under process.

2.1.5. 29.09.2010 Recovery of Bank’s dues“Dedicated Certificate Officer”in some of the districts wasstarted but could not work welldue to various reasons.

Revenue & Land reforms departmenthas since examined the proposal andis taking action for bringingamendments in the Act for employingthe retired Govt. officials asdedicated certificate officer.

2.1.6. 19.02.2002 Security arrangement for safety &security of Banks Treasure inJharkhandOwing to regular incidence oflooting of Banks treasure inJharkhand, the Govt. mayinitiate urgent step for setting upof special Battalion for Banks.

02 battalion of State Industrial SecurityForce for industries including Bankshave already been raised and areunder training at Bokaro . Final orderfor deployment is yet to be issued byGOJ.

2.1.7. 01.12.2008 Allotment of land to R-SETIsFor allotment of one acre land toR-SETIs on 30 years lease basis,Govt. of Jharkhand hasdelegated the power toCommissioners. In most of Districtstransfer of land is finalize.

The detailed R-SETIs wise position ofallotment of land is given in AgendaNo.9 Page no-33 and summarizedbelow. Land allotted – 22 Land Transferred- 17 Land not allotted – 2

(Garhwa and Latehar District)


Issues Pertaining To Banks

SL.NO.Pending

sinceISSUES PRESENT STATUS

2.1.8. 04.04.2012 Establishment of USB as perMaster Circular of DFS, MOF, GOIA target was set for opening of 82USBs in identified villages over5000 population by the end ofseptember’2012

Total 70 USBs have been opened tillDec.2012, rest of the USBs will have toopen. The Banks who are laggingbehind in this are as underIOB - 1PNB - 1United Bank - 1JGB - 2VGB - 7

2.1.9. 18.05.2012 Extension of SwabhimaanCoverage of villages havingpopulation between 1600 to 2000as per 2001 census underSwabhimaan scheme

As the DFS, MOF, GOI has decided toroll out Direct Benefit Transfer, thecoverage in terms of populationwould no longer be relevant and theentire area of districts/States, as perroll out plan, would need to becovered with banking facilities.

2.1.10. 25.10.2011 Uploading of Service Area Plan onthe respective district websitesmaintained by NIC (Dept. ofFinancial Services, MOF, GOI,letter F.No.11/4/2011-FI dated 24th

October, 2011.

The 01st phase service area plan isuploaded on SLBC as well as districtNIC web site. However, regardingrevised service area plan, thepreparation of the plan is under way.LDMs are advised by the SLBC toprepare and upload the plan on NICwebsite.

2.1.11. 05.10.2012 Issues related with Special SLBCmeeting of Jharkhand State onrelief measures for Early SeasonDrought in Jharkhand

1. DCC meeting on the issueswere held in all the districts.

2. Identification of thebeneficiaries has not beendone by the concerned Deptt.Of GOJ.

3. Identification of loss has notbeen done by concernedDeptt. Of GOJ.

4. Some Banks have provided thedata for the interest charged.


3.1. Overall Position under Key Business Parameters as on 31st December’2012, isas under

(` in crore)Sl.No.

Items Position ason31.12.2011

Position ason31.03.2012

Position ason31.12.2012

BenchMark

1 Deposit 79896.84 84957.89 93661.832 Credit 40984.64 44127.81 48226.763 Credit as per place of utilization* & RIDF** 6026.93 6914.41 6239.554 Total Credit 47011.57 51042.22 54466.315 CD Ratio (%) 58.84 60.08 58.15 606 Priority Sector Advances (PSA) 21438.11 23828.49 30607.077 Share of PSA to Total Advances 52.31 54.00 63.46 408 Agricultural Advances 4450.87 5732.38 6554.199 Share of Agricultural Advances to Total

Advances (%)10.86 12.99 13.59 18

10 Micro & Small Enterprises Advances 11533.12 12089.03 16653.6111 Share of Micro & Small Enterprises to Total

Advances (%)28.14 27.40 34.53

12 Advances to Weaker Sections 4690.17 7988.85 7305.8513 Share of Weaker Section Advances to Total

Advances (%)11.44 18.10 15.15 10

14 DRI Advances 317.07 270.92 63.4515 Share of DRI Advances to Total Advances

of last March (%)0.77 0.82 0.14 1

16 Advances to Women 2193.34 2821.59 4196.4017 Share of advances to women in Total

advances (ANBC) (%)5.35 6.39 8.70 5

18 Advances to Minorities (Amount) 1797.69 1783.75 2496.7519 Share of Advances to Minorities under PSC

(%)8.39 7.48 8.15 15

20 Branch Net-Work (in no.) *a) Ruralb) Semi-Urbanc) Urband) Total

1209496475

2180

1234513484

2231

1280554508

234221. ATM installed in Jharkhand 1167 1230 1594

*Annexure-V Page No.52 , ** Enclosure no 2 Page No. 121As per Annexure - I Page-43, Annexure-II Page-45, Annexure-III Page-47, Annexure-IV Page- 49

AGENDA NO 3DATE OF MEETING 14.02.2013MEETING NO 42

KEY INDICATORS OFALL SCHEDULED COMMERCIAL BANKS


ObservationsDeposit growth

The Aggregate Deposit of the Banks in the State of Jharkhand grew byRs.13764.99 crore on YoY basis as on 31st December’ 2012,in absolute term, representinga YoY growth of 17.22%. Deposit grew by Rs.8703.94 crore from March’2012 i.e. 10.24%in three quarters of current FY.

Credit GrowthThe gross credit of the Banks in the State grew by Rs.7242.12 Crore on YoY basis as on31st December’ 2012. Thus credit expended by 17.67% during the review period which isquite satisfactory. Credit grew by Rs. 4098.95 crore from March’ 2012, i.e. 9.29% in threequarters of current FY.

CD ratioCD ratio of the Banks increased from 57.96% to 58.15 % over previous quarter as on 31st

December’2012. The CD ratio as per place of sanction is increasing continuously overthe period.

Priority Sector AdvancePriority Sector Advance registered a growth of Rs. 9168.96 Crore representing growth of42.76 % on YoY basis as on 31st December’ 2012. Priority Sector being 63.46% of grosscredit is well above the National benchmark for Banks of 40%.

Agriculture CreditAgriculture Credit stands as on 31st December’ 2012, at Rs.6554.19, which is 13.59% ofGross Credit. In absolute term Agriculture credit grew by Rs. 2103.32 crore on YoY basis,representing a growth of 47.25%. The growth in outstanding Agriculture Credit duringthe FY 2012-13 is Rs. 821.81crore. Although, the growth is slow but it is increasingcontinuously.

Weaker SectionAdvance to Weaker Section by the Banks in Jharkhand is Rs.7399.27 crore (15.34%), iswell above the National bench mark of 10%.

Advance to WomenAdvances to women as on December’ 2012, is Rs 4196.40 crore showing an increasingtrend from December’2011, and reached to 8.70% of total credit, which is above theNational benchmark of 5%.

Advance to Minority CommunityAdvance to Minority community is increased from 1797.69 crore to 2496.75 crore on YoYbasis representing a growth of 38.88%. However, it is 8.70% of Priority Sector as onDecember’ 2012, which is below the stipulation of 15%, requires the attention of all thestakeholders in light of Sachhar Committee recommendation.

Share of DRI advanceShare of DRI advances as on December’12 in Gross Credit stood at Rs.63.45 Crores,which is only 0.14 % of Gross Credit of previous financial year against minimumbenchmark of 1%. The present position attracts special focus of all the stakeholders toimprove the situation. To increase the share of DRI, SLBC in the 39th SLBC meetingproposed to finance 15 DRI per Urban and Semi urban branches and 10% DRI fromeach Rural Branch.


House may discuss.

In terms of the guidelines of the Govt. of India and RBI Letter No. RPCD(Ran)no/373/11.4.07/2010-11 dated 10.02.2011 and Circular no. RBI/2005-06/refRPCD.LBS.BC.No.47/02.13.03/2005-06 dated 09.11.2005, C D Ratio of the Banks should bemonitored at the State Level (SLBC) with the indicators i.e. credit as per place ofutilization + RIDF.

Accordingly, the C: D Ratio of the state of Jharkhand stands as under:-(` in crore)

Particulars December’2011 December’2012Deposit 79896.84 93661.83

Credit(As per place ofutilization+RIDF)

47011.57 54466.31

C:D Ratio 58.84 58.15(Annexure-IV page no. 49, Annexure-V page no. 52)

Banks having CD Ratio below 30% but showing improvement from previous quarter

The CD Ratio of UCO Bank(28.70%), Indian Overseas Bank(26.84%), State Bank ofPatiala(25.03%), Oriental Bank of Commerce(24.57%), Andhra Bank(24.49%), VijayaBank(23.00%)Federal Bank 22.94%, Jammu & Kashmir Bank(23.38%),Indian Bank(18.72%),Punjab & Sindh Bank(12.14%), South Indian Bank(11.81%) & Laxmi Vilash Bank(2.22%) stillhovering below 30% mark.Districts having CD Ratio below 30%

Now, only one district in Jharkhand i.e. Chatra (28.76%) is having CD Ratio below 30%mark.

3.2 C: D Ratio of the State as On 31st December’ 2012.


3.3. POPULATION GROUP (RURAL/SU/U) WISE DISTRIBUTION OF DEPOSIT & CREDIT AS ON31.12.2012(as per place of sanction & excluding RIDF)

3.3.1. The position of Deposit, Advance and C: D Ratio in rural, semi-urban and urbanbranches as on 31st Dec.’2010, 31st Dec.’2011 & 31Dec.’2012 is as under:

(`in crore)Categoryof Area

Particulars Dec.’2010 Dec.’2011 Dec.’2012 Increase overDec.’2011

Amt. Amt. Amt. Amt. %Rural Deposit 13787.13 19801.13 20002.11 200.98 1.01

Advance 4883.68 7424.44 8161.54 737.10 9.92C: D Ratio 35.42 37.50 40.80

SemiUrban

Deposit 19274.66 23788.03 30013.99 6225.96 26.17Advance 6164.78 9299.72 11454.72 2155.00 23.17C: D Ratio 31.98 39.09 38.16

Urban Deposit 35202.89 36307.66 43645.72 7338.06 20.21Advance 18981.57 24260.48 28610.49 4350.01 17.93C: D Ratio 53.92 66.82 65.55

Total Deposit 68264.70 79896.83 93661.83 13765.00 17.22Advance 30029.93 40984.64 48226.75 7242.11 17.67C: D Ratio 43.99 51.30 51.49

Advances in Rural and Semi-urban and Urban area are showing sharp growth. C: D Ratio of Rural areas is showing an increasing trend on YoY basis, however

CD Ratio of Semi-Urban and Urban areas are on declining trend. It is worth mentioning that Advances is showing higher growth than the Deposit

over the year. In rural areas Deposit grew by 1.01% where as Advance grew by 9.92% on YoY

basis.3.3.2 Incremental Deposit & Credit during Dec.’ 2011 to Dec.’2012

Incremental CD Ratio being an indicator of credit growth in comparison todeposit growth, the position as on 31st December’ 2012 over December’2011, isgiven below:

(` in crore)Increase inDeposit

Increase inCredit

Incremental C:DRatio

Rural 200.98 737.10 Above 100%Semi Urban 6225.96 2155.00 34.61Urban 7338.06 4350.01 59.28Total 13765.00 7242.11 52.61

It is obvious from the above that incremental CD Ratio is more than 50%. Bank wise, District wise, Comparative position of Deposit, Advance and C: D

Ratio in Rural, Semi-Urban and Urban Centers as on 31st December’2012 is given inAnnexure – V Page – 49


OBSERVATION

In rural areas CD ratio has increased from 37.50% to 40.80% on YoY as on 31st

December’2012. Overall CD ratio has increased from 51.30% as ofDecember’2011 to 51.49% as on December’2012(as per place of sanction &excluding RIDF).

CD Ratio of East Singhbhum, Saraikela district is above 60%. Chatra district is still having CD Ratio below 30%. Districts having CD Ratio less than 30%, should discuss the matter in each DLCC

meeting for improvement in CD Ratio to the minimum of State ratio and toevolve plan for improvement.

Enabling factor for credit expansion as given in the “Approach paper on C:Dratio” (Ref. Agenda booklet of 32nd SLBC) needs focused attention by allconcerned departments and organizations.


4.1. OVERALL POSITIONS:4.1.1. Sector wise achievement of Banks in implementation of Annual CreditPlan (2012-13) as on 31st December’2012, vis-a-vis previous year is as under:

(` in crore)

At the end of December quarter of current financial year, achievementunder ACP is 65.76% of annual target. The achievement under Prioritysector is 69.74% of annual target.4.1.2 Bank wise and sector wise target and achievement under ACP as on

31st December’ 2012, is given in Annexure – VI Page no- 57

4.1.3 District wise and sector wise target and achievement under ACP as on31st December’ 2012, are given in Annexure – VI Page no- 59

Banks with less than 50% achievement in ACP after the end of 3rd Quarter of FY’2012-13 are PNB, BOB, IOB, Syndicate Bank, OBC, Dena Bank, Indian Bank, P&S Bank,Vijaya Bank, SBBJ, Andhra Bank, SBP, BOM, IDBI, Federal Bank, Karnataka BankLtd., J&K Bank Ltd, Yes Bank, Kotak Mahindra Bank, SIB, Karur Vasya Bank,VGB.


Sector AnnualTarget(2011-12)

Achievement as on31.12.2011

AnnualTarget(2012-13)

Achievement as on31.12.2012

Amount Amount % Amount Amount %1 2 3 4 5 6 7

Agriculture 2403.00 1225.11 50.98 2636.62 1898.28 72.00

MSE 3307.50 2202.84 66.60 3815.53 3331.66 87.32OPS 3186.00 770.11 24.17 3012.14 1370.63 45.50Total Priority 8896.50 4198.06 47.19 9464.28 6600.57 69.74

Non Priority 6103.50 5575.83 91.35 9535.72 5893.23 61.80

Total 15000.00 9773.89 65.16 19000.00 12493.80 65.76

4. REVIEW OF ACHIEVEMENTUNDER ANNUAL CREDIT PLAN (ACP) : 2012-13

As on 31st December’2012


OBSERVATIONS Over all achievement under ACP at the end of December quarter of FY 2012-13

stands at 65.76% of the annual target. Achievement under Agriculture sector is72.00% of annual target, whereas achievement under MSE stands at 87.32%. Thetotal achievement under PSC is 69.74%.

Achievement under ACP in Agriculture, MSE OPS and total priority sector is higherthan of December’2011 achievement. The overall achievement under ACP isslightly higher than previous year achievement, which is only due to lessfinancing in Non priority sector in current financial year.

Suggestion: ACP targets should be treated as sacrosanct and must be achieved by all Banks. Banks should speed up lending activities to achieve cent percent ACP Targets. Achievement under ACP should be discussed effectively in each DLRC/BLBC

meetings, with special emphasis on Agriculture Sector. Controllers of the Banksshould invariably attend the DCC/DLRC meeting to make the discussioneffective.

Controlling Heads of the banks may intensify their visits to branches for steppingup financing and to put in place close and continuous monitoring ofachievement under ACP. Sensitization of field functionaries is also needed.

In order to facilitate 100 % achievement of ACP targets “issues needing focusedattention-Enabling factor “as identified in the Approach paper on credit depositratio of the state under Agenda No-3 of 32nd SLBC held on 9th Feb’11 needs to beattended on priority basis.

The private sector Banks should involve themselves more actively to improveACP achievement in the state.

Sub-Committee on ACP is requested to monitor the progress at frequentinterval.

More thrust need to finance under SME sector for which ample scope isavailable.

4. 2. Preparation of ACP for Financial Year 2013-14The State Focus paper is a plan document prepared by NABARD, by aggregating thePotential Linked Plan of 24 districts of the state, prepared in consultation with allstakeholders at the district level for FY 2013-14. LDMs of all the district are request toprepare the ACP for 2013-14 well in time taking into account of the PLP. Following stepsrequired to be taken for preparation of ACP for FY 2013-14:-

1. Block level Plan to be finalized in BLBC meeting.2. Special DLCC meeting to be convened ti discuss & finalize the District Credit

Plan.3. After approval of Plan in DLCC, it should be forwarded to SLBC for preparation of

State Credit Plan.4. The entire process to be completed before 31st March’2013, so that it should be

available to all the stakeholders on the very beginning of FY 2013-14.


5.1.1. Total Agriculture credit of all Banks in the state is Rs.6554.19 crore whichconstitutes 13.59% of the gross credit. Agriculture credit in the State is lower than theNational bench mark of 18%. However, it is showing an increasing trend over the years.Focused attention of all the stake holders i.e. state Govt., Banks, NABARD and otheragencies is needed.5.1.2. The position of achievement under Agriculture Credit and KCC as on 31.12.2012

(From 1st April, 2012) is appended:(` in crore)

Sl.No. Particulars Commercial Banks Regional RuralBanks/

co-operativeBank

Total

11.a. Target Agr. Credit

(2012-13)2002.17 634.44 2636.61

1.b. Disbursement underACP

1366.86 531.42 1898.28

1.c. Achievement % 68.27 83.76 72.002 Target

KCC(monitoring)459327 143794 603119

2.a. KCC issued – No 447225 99452 5466772.b. Achievement % 97.37 69.16 90.64

Bank wise position is given in Annexure – VII Page – 60Bank wise progress of issuance of KCC up to 31st December, 2012 is enclosed (Annexure-

VIII Page-63 ) and summarized below:-

Sl. No.Banks Target of KCC

(No.) for current FYFresh / New

KCC sanctionedduring the Year

% Achievement

1 Public Sector Banks 448694 444916 99.16

2 Pvt. Sector Banks 10633 2309 21.72

3 RRBs 143792 92862 64.584 Co-operative Banks 65905 Grand Total 603119 546677 90.64


5. REVIEW OF LENDING

5.1. Agriculture and Kishan Credit Card, including new KCC scheme


5.1.3. Special Incentive scheme of GOJ for mobilization of KCC application

In the scheme a target has been fixed to cover all the left over farmers(18,50,656) inJharkhand. As per the latest data collected from Banks 546677 KCC have beendisbursed by the Bank branches in the state.

The updated position of the data as on 05th February,2013 is as underAs reported by the Banks( as on 31.12.2012) GOJ (as on 05.02.2013)

No. of Application received No. of application disbursed Total no. of application sent toBanks

616493 546677 710958*

*Data of SDCC and LAMPS not added.As suggested by the controllers of various banks the difference in the number ofapplication received by the banks and number of application sent by the state govt. isdue to resubmission of returned application.

Controlling heads of all the Banks are also requested to strictly follow the decision forimplementation of the new KCC scheme and to submit the Action Taken report to SLBCto be placed in the next SLBC meeting.

5.1.4. RuPay Credit Card

All normal KCC has to be upgraded as Smart KCC by 31st March, 2013 with the newsystem of credit limit assessment; to make it functional with ATM & POS. NABARD hasstarted a pilot extending financial support for RuPay cards & POS machines to all KCCholders in 100 villages under service area of Jharkhand Gramin Bank. POS machinescan be supported to BCAs & input suppliers as well to have cash less transaction.NABARD has also sanctioned Rs. 70.32 lakh from FITF to Jharkhand Gramin Bank forimplementing a pilot for providing Aadhaar Enabled RuPay Kisan Credit Cards tofarmers in 100 villages. Rs. 6.00 lakh has also been sanctioned to JGB for capacitybuilding of its staff for implementation of the pilot project.


5.2.1. FINANCING TO MICRO & SMALL ENTERPRISES (MSE) (Priority Sector):(Account: in lakh) (` in crore)

Sl.No.

Particular Outstanding position as atthe end of

March’2012 December’2012

(1) (2) (3) (4)1 Micro Enterprises

SectorAccounts 200346 257664Amount 4653.87 5468.21

a. ManufacturingSector

Accounts 54896 73597Amount 1573.60 2180.57

b. Service Sector Accounts 145450 184067Amount 3080.27 3287.64

2 Small Enterprises Accounts 87417 99686Amount 7435.16 11185.41

a. ManufacturingSector

Accounts 31067 40113Amount 4808.49 7032.45


3 Total Micro and SmallEnterprises (MSEsector)

Accounts 287763 357350Amount 12089.03 16653.62

4 a. Share of Credit toMicro Enterprises intotal credit to MSEsector

Percentshare ofamounts(stipulation:60%)

38.49 32.83

b. Share of credit toMSE sector in NBC/ANBC

Percentshare ofamount

27.40 34.53

Credit Flow to Medium ENTERPRISES (Non Priority Sector):(` in crore)

Sl.No.

Particular Outstanding position as at the endof

March’2012 Dec’2012(1) (2) (3) (4)a. Manufacturing

SectorAccounts 7667 3080Amount 1390.47 1175.07


c. Total of MediumEnterprises

Accounts 11606 7511Amount 1884.16 1527.78

Bank wise position of MSE and Credit Flow to MSME is given in Annexure- IX page No. 65

5.2. Finance to Micro & Small Enterprises (MSE) and Medium Enterprises


Observation:-1. In Jharkhand, share of Micro sector credit in total MSE stands at 32.83% as on

December’2012, and thus Banks in Jharkhand could not achieve the target of 55%(to be achieved by March’2012)by the end of December’2012.

2. As per RBI guideline, Banks have to achieve 60% share of Micro in overall MSE bythe end of 2012-13.

3. Banks with less than 30% share of Micro enterprise in overall MSE are SBI, SyndicateBank, SBP, BOM, Pvt. Sector Banks except Federal Bank, HDFC and Indusind Bank.

4. Banks are requested to increase lending under PMEGP to increase percentage ofMicro credit in MSE.

5. All Banks should gear up to increase the share of Micro credit in overall credit toMSE sector in order to achieve the stipulated target of 60 % by March’13.

Bank with zero lending under MSE:Bank of Maharashtra, Yes Bank, Laxmi Vilas Bank, Karur Vasya Bank.Guidelines on financing under MSE & RBI Stipulated revised growth Targets:All Banks should ensure adherence to the guidelines and growth targets stipulated byRBI.

National Mission on Food Processing(NMFP):Ministry of Food Processing Industries (MFPI) has launched a new Central SponsoredScheme (CSS) -National Mission on Food Processing (NMFP) during 12th Plan (2012-13)for implementation through States / UTs. The basic objective of NMFP is decentralizationof implementation of Ministry’s schemes, which will lead to substantial participation ofState Governments / UTs. The NMFP contemplates establishment of a National Missionas well as corresponding Missions in the State and District level.NMFP is likely to improve significantly the Ministry’s outreach in terms of planning,supervision and monitoring of various schemes.The detailed Guidelines for various schemes of National Mission for Food Processing assuggested by Department of Industries, Govt. of Jharkhand is enclosed as EnclosureNo.3 Page No.122.Further details can be downloaded from web site of Department of Industry,GOJhttp://jharkhandindustry.gov.in/national_mission_food_Processing.htm


Education is the Fundamental right of all the citizen of India. To ensure consistenteconomic growth and build a healthy society, better education must be imparted toone and all. Not a single student should be deprived of better / higher education dueto poor financial condition.Education Loan Schemes of Indian Banking Industry ensures to provide financial supportto all needy and meritorious students.We can only think of better future and robust economic growth by educating everydeserving student. Poor financial condition should not be an obstacle in the way ofgetting proper education for any needy and meritorious student. Bank finance in theEducation Loan sector is playing a pivotal role in delivering to this cause.Performance of the Banks under Education Loan Scheme in state of Jharkhand is asgiven below:-

Performance of Banks under Education loan Scheme(` in crore)

Particulars As on 31stDecember’2011

As on 31stDecember’2012

Growth inAdvance

No. of Account 44319 53919 9600Amount (In crore) 1349.91 1928.50 578.59

Bank wise progress under education loan is enclosed as Annexure- X page no. 71Banks should ensure that all eligible students should get the benefit of the scheme andalso claim of Interest subsidy filed within stipulated time as per the guidelines of IBA.

India is blessed with one of the fastest growing real estate markets in the world. Despitethe global economic gloom, India’s housing market remains on course for yet anotheryear of double digit growth. The growth is attributed mainly to a large population base,rising income level and rapid urbanization. This sector provides vast opportunity to theBanking sector. Housing loan up to 25 lakhs comes under Priority Sector Credit.Financing under this sector needs to be further speed up by the Banks.

Performance of Banks under Housing loan Scheme(` in crore)

Particulars As on 31stDecember’2011

As on 31stDecember’2012

Growth

No. of Account 49943 56559 6616Amount 3261.59 3580.74 319.15

State Apartment Act Passed/Placed by State Govt. should be meticulously followed.State Govt. may amend CNT and SPT Act to enhance performance in the sector whichis pending since long with State Govt.(Bank wise progress in housing loan is enclosed as Annexure no.XI Page no.74)

5.4. Housing loan

5.3. Education loan


The scheme of 1% interest Subvention on Housing loanIn pursuance of the Hon’ble Finance Minister’s budget announcement for FY 2012-13,the existing guidelines of 1% interest subvention on housing loan up to Rs. 15 lac wherecost of the house does not exceed Rs. 25 lac for the year 2012-13 will remain in force upto 31st March’2013. All SCBs are advised to implement the scheme vigorously, submittheir claims to NHB expeditiously and extend the benefits of the scheme to all eligibleborrowers/beneficiaries. SCBs are further requested to give wide publicity to thescheme. IBA Circular No. SB/CIR/HSG/Govt./ dated 20th December’2012 is enclosed inthe 41st SLBC Agenda note.

The position as on 31st December’ 2012, is as under:[Amt. In Crore]

Target AchievementNumber Amount Achievement

(%)4000 3464 9.50 86.60

(Detailed Bank wise position is given in Annexure –XII Page-77Bank of India, Allahabad Bank, Syndicate Bank and Central Bank of India hasshown good performance. Overall progress may be considered satisfactory.However, participation is needed from both the RRBs, Pvt. Sector Banks andsome public sector banks in order to surpass the stipulated target.

5.5.2. SWAROJGAR CREDIT CARD

The position under SCC as on 31st December’2012 is given below:

TargetAchievement Achievement (%)

No. Amount

5000 7892 36.02 157.84

(Detailed Bank wise position is given in Annexure-XII Page-77)BOI, CBI, Allahabad Bank, PNB, JGB and VGB are performing well. Overall achievementof banks in the state is 157.84%. However, participation of Pvt. Sector Banks, and somepublic sector banks is required to achieve the target.

The sub-committee on MSME and Govt. Sponsored Schemes may review the progress inissuance of SCC.

5.5.1. ARTISAN CREDIT CARD[ACC]


5.6 CREDIT FLOW TO SPECIAL CATEGORY OFBORROWERS

5.6.1 CREDIT FLOW TO MINORITY COMMUNITIES

The position as on 31st December’2012 is as under:( `. in Crore)

Position as onDecember’2011


Target 15% of PSC

PSC MinorityCommunity

PSC MinorityCommunity

Share of Minority (%)

21438.11 1797.69 30607.07 2496.75 8.15

The share of Minority community in priority sector credit has reached to 8.15% as onDecember’12. Though, credit to minority community is showing increasing trend,substantial improvement is needed so as to reach benchmark level of 15% of prioritysector credit. (Annexure –XIII , Page-80)Target for Minority Community Lending for the State of Jharkhand as given in the 15point Programme of Prime Minister for the Welfare of Minorities is shown as below:

(`. in Crore)Sl.No.

States TargetforPrioritySectorLending

Target forlending toMinorityCommunities

% ofminoritytoPrioritySectorlending

Achie.underPrioritySectorLending

Achie. underlending toMinorityCommunities

% ofminoritytoPrioritySectorlending

1 Jharkhand 15260.96 2228.24 14.60 30607.07 2496.75 8.16

Though the state has surpassed the target in Priority Sector lending and Lending toMinority Community, in percentage term the share of minority community in PrioritySector lending is less mainly due to comparably high lending in Priority Sector.Banks who have achieved more than 15% of Priority Sector lending in lending MinorityCommunity are :

Allahabad Bank, Federal Bank, Indusind Bank and J&K Bank.

Rest of the banks should endeavor to achieve the 15% target as stipulated in the saidprogramme.The Guidelines for implementation of Prime Minister’s New 15 Point Programme for thewelfare of Minorities and Target given for the same is enclosed as Enclosure No.4Page No. 126.


5.6.2 CREDIT FLOW TO WOMEN

The comparative position of 31st December’12 is given below:( `. in Crore)


Position as on December’2012 Target of lending toWomen (%)

GrossCredit

Of which toWomen

GrossCredit

Of which toWomen

5% of NBC

40984.64 2193.34 48226.76 4196.40 8.70

At the Quarter end of December’2012, outstanding credit to women has increased byRs. 2003.06 crore on YoY basis. It has also increased in percentage term from 5.35% to8.70%, surpassing the Benchmark of 5% lending to women is appreciable.(Annexure – XIII, page -80 )Zero Lending Banks to Women: State Bank of Patiala, P & S Bank, Axis Bank, Indus IndBank, J & K Bank, Kotak Mahindra Bank, Laxmi Vilas Bank South Indian Bank, & Yes Bank,Karur Vasya Bank.

The performance of the banks in this area as on 31.12.2012,stands as under:( ` in Crore)


Position as on December’2012

Target of lendingto DRI (%)

Gross CreditDecember’11

Of which toDRI

Gross CreditDecember’12

Of which toDRI

1% of CreditDecember’12

40984.64 317.07 48226.76 63.45 0.14

DRI lending has decreased from Rs. 146.23cr to Rs.63.45 cr on YoY basis and it remainsbelow benchmark of 1%. (Annexure- I page no.43)

It was proposed in the 37th SLBC meeting on 09.02.2012 that by March’12, all Rural BankBranches should lend 10 DRI loans and Semi-Urban and Urban Bank Branches shouldlend 15 DRI loans.

5.6.3 CREDIT FLOW TO DRI


The comparative position of credit flow to SC/ST for quarter ended31st December’2012, is given below:-

( `. in Crore)Position as on December’2011 Position as on Septemeber’2012Total Credit Of which to SC/ST Total credit Of which to SC/ST

40984.64 2587.25(6.31%) 48226.76 5108.83(10.59%)The over all credit to SC/STs has increased by ` 2521.58 crore (from `2587.25) croreto ` 5108.83cr) as on December’12 over December’2011. In percentage term the shareof credit has increased from 6.31 % to 10.59 %.(Annexure-XIII page-80 )Banks should leave no stone unturned to improve the position of credit flow to ST/SC fortheir overall development.

5.7. Scheme for Revival, Reform and Restructuring of Handloom Sector

Status of implementation of Revival, Reform and Re-structuring (3R) package schemefor Handloom Sector in Jharkhand as on 31.01.2012The “3R Package for Handloom Sector” is being implemented, as a Centrally SponsoredPlan Scheme with a total outlay of Rs.3884 crore. NABARD is designated as theimplementing agency for the scheme. Under the scheme, funds will be provided forrepayment of 100% of principal and 25% interest as on date of loan becoming NPAwhich is overdue as on 31.3.2010 in respect of Apex/ Primary Weavers CooperativeSocieties (A/PWCS), individual weavers, master weavers, SHGs and JLGs who havetaken such loans for handloom weaving purposes.Out of the total 157 PWCS and 01 AWCS in Jharkhand, 52 societies had submitted claimsout of which 27 PWCS were found eligible.Special Audit in respect of all the eligible societies have been completed. The claims asadmitted during the special audit have been approved by District LevelImplementation Monitoring and Review Committee (DIMRC) of the respective districtsand the amount of recapitalisation assistance has been duly approved by the DIMRCand State Implementation Monitoring and Review Committee (SIMRC). Further auditedclaims in respect to 369 Individual weavers were received through the financing banks(i.e. SBI, PNB and VGB) and were also approved by the SIMRC. Out of the totalassistance of Rs. 288.35 lakh, approved by SIMRC, Rs. 255.97 lakh has been sanctionedby the National Implementation Monitoring and Review Committee (NIMRC) and isbeing released. The balance amount i.e. the GoI share will be released after the StateGovt. completes the legal and institutional reforms as committed by them in the MoU.The claim submitted till date as reported by NABARD is enclosed. (enclosure no-5Page no.133)

5.6.4 CREDIT FLOW TO SC/STs


Weavers Credit Card

Development Commissioner for Handlooms, Ministry of textiles, Govt. of India vide letterno 8/4/2010-DCH/Project-1 dated 16th May’2012, advised the target for Weavers Creditcard to be issued during 2012-13. SLBC allocated the target to all the Banks operating inJharkhand. All the stakeholders are requested to make all out effort to achieve thetarget under the scheme. Against the target of 3000 weavers credit card, total no of236 cards have been issued in Jharkhand.

5.8. Scheme for financing of Women SHG

Govt. of India, MoF, DFS vide their letter no. F. No. 3/6/2011-AC (Vol. II) dated 04th

January, 2012 has issued detailed guideline for promotion and support of Women SHGsin backward district of India.

This scheme is for promoting Women Self Help Groups in select districts of the countrythrough identified NGOs/ other support organizations. Lead Bank of the selected districtin coordination with the District Development Manager of NABARD who shall beresponsible for implementation, monitoring and coordination of the scheme in thedistrict. The scheme would be implemented through bank branches, having CBSfacility, in each block of the identified districts. The LDM in coordination with DDM,NABARD and with the approval of DLCC will select the implementing branches, whichmay be from his own bank or that of any other Commercial Bank, RRB, Local AreaBank, Urban Cooperative Bank. It is desirable that each such branch of the bank hasone nodal person for handling all matters related to SHGs including opening of SBaccounts, processing for credit requests etc.Progress of Women SHGs in the State of Jharkhand is given as enclosure no. 6 Page no.133.

House May discuss


Agenda No 6DATE OF MEETING 14.02.2013MEETING NO 42

PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP)Overall Position as on 31st December, 2012 is as under:

(Amt in Crore)Target Applicati

onReceived

ApplicationSanctioned

Disbursed Ach. % Rejected/returned

Pending

No. Amt No. Amt. Sanctionto

received

Disb. Toreceive

d1 2 3 4 5 6 7 8 9 10

2954 3108 1452 50.49 967 28.86 46.72 31.11 257 1399*Bank wise and District wise position as on 31st December’2012 under PMEGP Scheme isgiven in Annexure- XIV (Page- 82 ).

Out of 3108 applications sponsored, 967 applications have been disbursed at differentBank branches. Timely disposal and subsidy claim norms should be adhered by theBanks as per RBI guideline.

The Secretary, Industries, GoJ vide letter no. SO/Ranchi/PMEGP/MM/2012-13 dated22/01/2013 advised all the banks operating in Jharkhand that only 12% margin moneyof the State has been achieved which indicate that subsidies have not been settledwith respective Nodal Bank branch in all disbursed cases. It has also been advised thatif a Branch manager returns the application he/she should record specific verifiablereasons in writing and then concerned Branch manager may also sponsor similar no. ofthe petitions for eligible beneficiaries, so that the target may be achieved. It was alsosuggested that Branch Managers to complete financial margin money target not thephysical targets only. The achievement will be considered from the disbursement andnot merely by the sanction of the petition.It has also been decided in the meeting held on 16.01.2013 under chairmanship of theSecretary, Industry, Govt. of Jharkhand that adjustment of subsidy by the NodalBranches should be accelerated and 100% target of financial margin money should beachieved by 28.02.2013.

All banks are requested to strive hard to achieve the target in terms of physical no. ofpetition and margin money as well, so that the state may get its due share from GoIand also ST, SC, Minorities, OBC, and PH may not be deprived.

6. REVIEW OF PROGRESS UDNER GOVT. SPONSORED SCHEMES FOR THEYEAR 2011-12 AS ON 31st December’ 2012


National Rural Livelihood Mission (NRLM)

The Government of India, Ministry of Rural Development has launched a newprogramme known as the National Rural Livelihood Mission (NRLM), to be implementedin a mission mode across the country. NRLM replaces the earlier scheme SGSY that hadthe underlying principle of promoting self- employment through the organization of thepoor in self help groups. The Mission aims at creating efficient and effective institutionalplatforms of the rural poor enabling them to increase household income throughsustainable livelihood enhancements and improved access to financial services.

District wise target of the JSLPS is enclosed as Enclosure No.7 Page No. 138The targets were conveyed to the LDMs of respective district for allocating the same tothe Banks of their district. After finalization of the process the State Credit Plan for theyear 2013-14 will be prepared.

The detailed guidelines for the role of Banks in NRLM is given in the Enclosure no. 8 Pageno. 140 .

House may discuss


As per the direction of RBI vide their letter no. RBI/2011-12/606RPCD.CO.LBS.BC.No.86/02.01.001/2011-12 dated June 19(enclosure no 9 page no.148 ),2012, the roadmap for covering all unbanked villages of population less than 2000(2001census) has been prepared by the Lead District Managers and approved by the DistrictConsultative Committees (DCCs) of their respective district and submitted the same toSLBC Jharkhand .SLBC Jharkhand has forwarded the finalized roadmap with details of allocated villagesto various banks to the Regional office of Reserve Bank of India, Ranchi.All Banks are requested to instruct their District Coordinators to get the list of villagesallotted to their bank in the respective district from the LDM of the district.The above mentioned letter of RBI is enclosed as Enclosure no. 10 Page no.150

House may discuss

7.1.2. Financial Inclusion Fund & Financial Inclusion Technology Fund

Objective of FIF: To support “ developmental and promotional activities” with a view tosecuring greater financial inclusion, particularly among weaker section, low incomegroups and in backward regions/ hitherto unbanked areas.Objective of FITF: To enhance investment in Information Communication Technology(ICT) aimed at promoting financial inclusion, stimulate the transfer of research andtechnology in financial inclusion, increase the technological absorption capacity offinancial service providers/ users and encourage an environment of innovation andcooperation among stakeholders.During the FY 2012-13 Financial support from Financial Inclusion Fund (FIF) and FinancialInclusion Technology Fund(FITF) for 100% financial inclusion was extended by NABARDas under:-

(Amt. in lacs)

Disbursed duringquarter (December,2012)

Cumulative since01.04.2012

Cumulative sinceinception

FIF 11.75 42.19 131.65FITF 269.00 269.00 1324.20

Utilization of FIF and FITF is still poor and needs improvement in light of huge investmentis required under FI by Banks. Administration of the fund is done by NABARD. Lookinginto high poverty ratio and low literacy ratio greater utilization of the fund is necessarywhereas in FITF the first disbursement is made in 3rd Quarter by NABARD.

AGENDA NO 7

DATE OF MEETING 14.02.2013

MEETING NO 42

7. FINACIAL INCLUSION

7.1.1. Roadmap- Provision of Banking Services in villages withpopulation below 2000 as per RBI guidelines.


7.1.3. Support to Lead Banks for setting up of Financial Literacy and Credit CounselingCentres (FLCCs) / Financial Literacy Centres (FLCs) from FIF

The agenda has already been discussed in the 41st SLBC meeting held on 09.11.2012under agenda no. 7.1.3. page no. 26.

Latest Position of FLCs in the state of Jharkhand as on 31.12.2012 is given as below:Sl.No.

Name of the Bank No. of lead district FLCs opened

1 Bank of India 15 72 State Bank of India 7 Nil3 Allahabad Bank 2 2

All the controllers of Banks with Lead District in Jharkhand are requested to take up thematter of opening FLC in their LDMs offices in a time bound manner.

House may discuss.

7.1.4. Position of Debit Card issued / Aadhar No. seeded in SB A/Cs so far:No. of Debit Cards issued upto31.12.2012

No. of SB A/Cs seeded withAadhar No.

5189774 217465

For compliance of the instruction of the MOF, GOI, in regard to the 100% Direct BenefitTransfer more and more Debit Cards should be issued and SB A/Cs should be seededwith Aadhar no. which may be helpful in implementing the Electronic payment of allsocial benefit schemes.AnnexureXVI page no-88

7.1.5. Position of General Purpose Credit Card (GCC)

(` in Crore)Cumulative since inception

A/c Amt.22333 57.27

Jharkhand is suffering from drought hence Banks need to increase the coverage ofGeneral Credit Card. Pvt. Banks should participate in issuance of GCC. Bank wiseposition of flow of credit under GCC is enclosed as per Annexure-XII Page – 77


SELF HELP GROUPS

7.1.6. Status of promotion and Savings /Credit Linkage are given below.(Amt in Crore)

As on 31st December’2011Savings Bank A/C Opened Credit Linkage established/Financed

A/C Amt A/C Amt64897 42.87 57453 532.12

Bank-wise position of SHGs linkage as on 30.06.2012 is given in Annexure –XV (Page -84)

7.2. Branch Expansion Plan as per para 5.3. of Strategy & Guidelines on FI by DFS,MOF, GOI.In terms of DFS, MOF, GOI, Strategy and Guidelines on Financial InclusionF.No.21/13/2009-FI (PT) dated 21st October, 2011 and as per the plan submitted by theBanks in Jharkhand 82 new Bank branches was proposed to be opened by the end ofDecember’2012. Bank wise position of the opening of Bank branches is as under:-Banks No. of branch to

be openedBranch openedup to 31stDecember’2012.

Yet to be opened

Allahabad Bank* 6 6 -Bank of India 23 23 -Central Bank of India 1 1 0Indian Overseas Bank 1 1Punjab National Bank 2 1 1State Bank of India 32 32 -Syndicate Bank 1 1 -UCO Bank 2 2 -Union Bank of India 1 1 -United Bank of India 1 1Jharkhand Gramin Bank 5 3 2Vananchal Gramin Bank 7 7Total 82 70 12*Allahabad Bank was allocated to open 06 USB but actually opened 07 USBBanks having backlog are requested to expedite their effort to achieve compliance ofGOI instruction.To start with Banks may consider opening of Ultra Small Branch in terms of GOIinstructions.Details of the Bank wise branch opening in enclosed as Annexure – XVI, Page No.87


SLBC has made several follow up through letters, e-mails and over telephone foropening of left over USBs.The latest position as on 31.12.2012 is given as under:Sl.No.

Name of the Bank Target Opened tillDec’2012

Backlog Target Date

1 Indian Overseas Bank 1 Nil 1 Not advised2 Punjab National Bank 2 1 1 Not advised3 United Bank of India 1 Nil 1 Not advised4 Jharkhand Gramin Bank 5 3 2 Not advised5 Vananchal Gramin Bank 7 Nil 7 Not advised

House may Discuss.


8.1. Rollout of Direct Benefits Transfer from 01st January’ 2013

It's been called a game-changer, a nationwide technology-backed initiative thatpromises to change the way the Government delivers entitlement to citizens. It will leadto seamless transition. The new system which has been introduced will be moretransparent. It will eliminate leakages, delays, duplicacies and falsification. Governmentfirmly believes, this will introduce a very high degree of efficiency and transparency. Ithas been decided to shift to a system of Aadhaar enabled Direct Benefit Transfer offunds under 34 identified central sector/centrally sponsored schemes.With the view to ensure that benefits go to individuals bank accounts electronically,cutting down delays and diversions. The Government will transfer cash benefits likescholarships, pensions, NREGA wages etc. directly to the Bank accounts of identifiedbeneficiaries under the DBT programme in a time bound phased manner.The roll out has been based on:

1. The next installment being due either on 01.01.2013 or at a later date.2. The list of beneficiaries being digitized in the districts concerned.3. The opening of bank accounts for beneficiaries in the district concerned.4. Enrolment of Aadhaar number in the district concerned.5. Seeding of bank accounts with Aadhaar number in the district concerned.

In the first round of Direct Benefit Transfer, the rollout has been launched on 01.01.2013,under 26 selected schemes in 43 districts of16 States.In Jharkhand 04 districts, Ranchi, Ramgarh, Hazaribagh and Saraikela- Kharsawan havebeen identified for first phase of Roll out. In Ranchi and Saraikela the DBT is being rolledout from 01.02.2013 and in Hazaribagh and Ramgarh, from 01.03.2013.Once the programme has stabilized in these 43 districts, it will be rolled out in phases inother part of the country. DBT from the centre will take place either directly to theaccount of the beneficiaries or through the State Government into the account of thebeneficiaries. Intially beneficiaries will be able to withdraw from their own bankbranches or ATMs or Business Correspondents (BCs) wherever they exist. The system ofmicro_ATMs and multiple BCs will roll out subsequently with full inter-operabilitygradually. Common Service Centres set up by the Department of IT are being engagedto serve as a BC in Gram Panchayats where BCs are not functional. For guidelines andother information please refer enclosure no 11 page no. 159 & Enclosure 12 page 164


IMPORTANT ISSUES FOR IMPLEMENTATION AS PER MOF,GOI INSTRUCTION


8.2. Seeding of Aadhaar number of CBS of the BanksThe seeding of Aadhaar number in bank account of the beneficiaries is the mostimportant step for the implementation of Direct Benefit Transfer. In terms of PlanningCommission, Govt. of India Guidelines Govt. user departments are advised to collectbeneficiaries database in digitize format for each scheme containing Bank name,Account number and Aadhaar number. Further, Banks have been advised to seed theAadhaar number in CBS without error on receipt of beneficiaries’ database preparedby the Govt. user department. However, in case a beneficiary approaches the Banksdirectly for seeding Aadhaar in Bank account, this may be done as per prevailingpractice. DFS, MOF, GOI letter no. F.No.6/41/2012-FI dated 31st December’2012 isenclosed as enclosure no 13 Page No.175 .All the controlling heads of the Banks are requested to ensure quick and error freeseeding of Aadhaar number whenever received from Govt. Department. Thecontrolling Heads are requested to monitor the seeding of Aadhaar number on dailybasis and ensure that seeded accounts are finally mapped/uploaded in NPCI serverthrough their CBS project office on daily basis.However, SLBC Jharkhand has made several initiatives for sensitization of people ingeneral for seeding of Aadhaar no in their Bank accounts as well as opening of bankaccount.

1. A toll Free number 18003456525 has been provided by SLBC and information ofthis Toll Free number has been given in Daily newspaper for 6 weeks.

2. SLBC also provided a sample of banner to all the Banks requesting the people toseed their Aadhaar number.

3. SLBC asked the Banks for opening of Bank account in camp mode and Bankshave organized several such camps for the opening of SB accounts.

8.3. Mapping of Gram Panchayats and Planning for BCA/CSC for Sub- servicearea approach

Govt. of India has undertaken implementation of Direct Benefit Transfer to beneficiariesof identified scheme of various departments in 51 districts fromJanuary’ 2013 and further has to be rolled out in all districts of 18 state includingJharkhand from April’ 2013.In view of that it has became necessary to prepare comprehensive plan for thecoverage of entire districts through Banking Services to enable Direct Benefit Transfer.Following action points have been identified by DFS to complete the task:

a) It shall be the endeavor to ensure that there is at least one bank branch/businesscorrespondence Agent (BCA) in every Gram Panchayat.

b) Bank need to ensure that about 1000 to 1500 households are available inSub – service area of BCA.


c) The first step that LDM has to take is to form Sub- Service area based on group ofGram Panchayat taking the population and geographical condition intoconsideration such that one Branch/BCA/CSC extend service to each sub-Service area. In case any Panchayat requires more than one BCA/CSC , the subservice area for each BCA/CSC, within gram Panchayat must be specified.

d) In case existing BCA is functioning satisfactory, the same should be continuedand remaining households in the allocated sub service areas should be coveredthrough the BCA.

e) In case the existing BCA is stationed at a place other than Gram Panchayatheadquarter, it should be ensured that the BCA serves the entire Sub- servicearea allocated to it.

f) Wherever, there is either no BCA functioning or the performance of the existingBCA is less than satisfactory, the Common Service Centre (CSC) should engageas BCA.

g) In the Sub- Service area where neither a BCA nor a functional CSC is available,new CSC or BCA should engage.

In view of this directive SLBC Jharkhand has advised all the LDMs for Mapping of GramPanchayats. The Mapping of GP has been completed in 04 districts where DBT isapplicable on pilot basis. Controlling Heads of the Banks having Lead districts arerequested to ensure the Mapping of rest of the districts as the last date for the Mappingi. e. 31st January’2013 has been elapsed. Enclosure no 14 page no 176.

8.4. Operationalization of CSC as Business Correspondent

In the view of roll out of Direct Benefit Transfer, the coverage in terms of populationwould be no longer be relevant and entire area of districts/states, as per roll out plan,would need to be covered with banking facilities.Common Service Centres have been set up in the country under the Department ofElectronics and Information Technology, Govt. of India under the National e-Governance Plan. In order to extend the outreach of BCAs, Public Sector Banks havesigned an agreement with the CSC e-Governance Services India Ltd (CSC SPV), aspecial purpose vehicle setup by the Government of India to monitor and manage theCommon Services Centre, for engaging CSCs as BCA.Although, DFS, MOF, GOI has advised the Banks vide letter no F. No. 6.36/2012-FI dated26th December’2012(enclosure no 15 page no 184), to have agreement withCSC e-Governance Service India Ltd. and there should be no need to entre into anyfresh agreement with Service Centre Agencies (SCA), who are Sub-BC for theCSC e-Governance Service India Ltd, but UTL who is service provider for theCSC e- Governance is forcing Banks for having separate agreement to take off the job.Due to this deadlock CSC is not taking off in Jharkhand. However, SBI and BOI haveseparate agreement with UTL that’s why these two Banks have stared operations withthe CSC. (Enclosure no 16 page no 187)

HOUSE MAY DISCUSS


8.5. Installation of Onsite ATMs in all branches.

DFS, MOF, GOI vide letter no F. No. 6/77/2012- FI dated 28th Decemebr’2012(enclosureno.17 page no.192 ), advised all the Private Sector Banks and RRBs operating in 51 pilotdistricts for DBT to install on site ATMs in all branches by 31st January’2013. It was alsoadvised to ensure that all accounts holders in these districts, particularly thebeneficiaries under Direct Benefits Transfer, are issued ATMs cum Debit card on priorityso that they can transact at the ATMs.The controlling heads of the Banks are requested to speed up their initiatives to ensureinstallation of onsite ATMs as the deadline has been expired.

HOUSE MAY DISCUSS

8.6. Installation of Biometric Cash dispenser in rural & Semi- Urban areas.

DFS, MOF, GOI vide letter no F. No. 6/35/2012-FI dated 07th January’2013(enclosure no18 page no.191), advised the PSBs to ensure that the Cash Dispenser provided,particularly in Rural and Semi- urban areas have facility for biometric authentication toenable customers to use the same.Hence, controlling heads of the Banks are requested to ensure the compliance of thesame as the RFP finalized by the PSBs for “Outsourcing of Installation and ManagedServices of Cash Dispensers” had a provision that bidder should provide all new CDswith biometric functionality.

HOUSE MAY DISCUSS

8.7. Putting up of guidelines issued by DFS, MOF, GOI in DLCC meeting.

DFS, MOG, GOI has requested SLBC conveners vide letter no F. No. 6/36/2012-FI dated11th January’2013(enclosure 20 page no 193), to advise all LDMs of their concernedState to ensure that the guidelines/circulars issued by department should be placedbefore the DLCC meetings chaired by the District Collector and the contents of theguidelines/circulars should discussed during the DLCC meetings to bring it to theknowledge of all the concerned for the seamless implementation of the guidelines. It isalso requested that feedback/ suggestions, if any, received in the DLCC meetingsregarding the guidelines/ circulars may be informed to this Department.SLBC Jharkhand forwards all the guidelines and instructions received form the DFS, MOF,GOI to LDMs of all the districts. LDMs are requested to place the guidelines and circularsin DLCC meeting and feedback if received should be forwarded to SLBC for onwardsubmission.

HOUSE MAY DISCUSS


8.8. Uploading of Service Area Plan on the District website maintained by NICService area plan in revised format as advised by the DFS for villages above 2000population as well as 1600 to 2000 population have to be uploaded in the respectivedistrict web site. The revised Service Area Plans need to be updated every month anddate of last update indicated on the service Area Plan. Service area plan of all 24districts is uploaded in SLBC website.

8.9. Financial Inclusion Drive to open Bank accounts of Migrant Labours and StreetVendors/Hawkers in Urban areas.

To inculcate saving habits and to extend banking facilities to the migrant labour andstreet vendors/ hawkers in urban areas, DFS, MOF, GOI requested all Banks to undertakeaccount opening drive in 500 meters of all their metro and urban branches. Thereafter,the branches should extend this process of opening of accounts beyond 500 meters sothat all such persons get financially included. Further, DFS, MOF, GOI vide e-mail dated09.07.2012 and 11.07.2012 advised all PSBs the broad strategy to be included in thisdrive. A meeting of the nodal officer with the Secretary (BO) was held on 23.10.2012. Asdecided in the meeting SLBC Jharkhand has started a Call Centre with Toll free numberfor the Migrant Labours and street vendors/Hawkers. A advertisement in this respect hasalso been published in daily newspaper for 06 weeks in row. The copy of the ad isenclosed as enclosure no.19 page no.192 .

8.10. Micro Insurance and Non-Life Insurance through BCs.

For inclusive growth of the service area villages, Life/Non-life insurance policies shouldbe given to villagers. Govt. Insurance companies should take initiative to cover theinsurance of villagers, their crop, animals etc actively. It has to be ensured that all BCAsare also appointed as specified persons of the life & non –life companies.It was instructed by MoF, GoI that a nodal officer for each state is to be appointed whowill be responsible for non-life insurance coverage in the state.National Insurance Company has appointed Sri D. S. Pante as Sate Nodal officer forJharkhand, however, LIC has to nominate their Nodal Officer.Representative of Life/Non-life insurance company may appraise the house.


The current status of R-SETIs in the state of Jharkhand is given below: RSETI in all 24 districts are functional

Bank of India - 11 DistrictsState Bank of India - 08 DidtrictsAllahabad Bank - 03 DistrictsPunjab National Bank - 02 DistrictsTotal - 24 Districts

Posting of Independent Directors:Independent Directors are posted in - 18 Districts

Position of premises for RSETI is as below:Rented Premises - 07 DistrictsPremises provided by DC (Temporary) - 11 DistrictsNo Premises - 06 Districts

Position of Land Allotment:Land Allotted - 22 DistrictsLand Not Allotted - 02 Districts*

State Bank of India-02 (Garhwa, Palamu)

*Land allotted in Bokaro and Giridih are not suitable for construction asper the report of architect. Position of Land transfer:

Land Transferred - 17 DistrictsLand Transfer under progress - 07 Districts

(Bokaro, Garhwa, Palamu, Giridih, Jamtara, Latehar, West Singhbhoom)State Govt. may expedite Allotment and transfer of land to R-SETIs.

Position of NIRD Claim received:Claim Received (Partial, ` 50 Lakhs each district) - 16 DistrictsClaim not Received - 08 Districts

Fate of claims for grant/subsidy submitted may be advised by the concernedBanks. Training of Directors:

No. of Directors undergone TTP training - 12 DirectorsNo. of Directors not undergone TTP Training - 12 Directors

AGENDA NO. 9DATE OF MEETINGAMMmMMEETINGMEETING

14.02.20132221MEETING NO 42

A. RSETIs


Regarding functioning of the above R-SETIs the position stands as under:

1. Regular training programme are:Training Programme conducted in - 20 Districts

2. In respect of remaining 04 R-SETIs commencement of regular trainingprogramme should be taken up by the concerned Director.

Construction Status : - NoneIn all 19 districts where Lease dead executed, the Bank Architect visited the siteand plan for construction prepared. For construction of RSETI, as per prevailingpractice, first the plan is to be approved by LAC (Local Advisory Committee),which is under process. After approval of LAC the plan is to be vetted byCorporate Office of the Bank and after approval of Corporate office, tender forconstruction can be invited.

The cost of construction as suggested by the Bank Architect is coming out to bearound 2.50-3.00 Crore, whereas the RSETIs get only 1.00 crore as grant from NIRD. Thecost of construction has been the main hurdle for the construction to take off.

*Out of 22 districts where land has been allotted to RSETI, possession of land is given inonly 11 districts.The road to approach the land is also not proper and in some districts there are severalencroachments in the land allotted.The State Govt. is requested to give possession in the land allotted.

District wise details of RSETI is given in the Annexure no.XVII Page No. 91


[ Amt. in Crore ]

Particular 31st March’2012 31st December’2012Demand Recovery % Demand Recovery %

1 2 3 4 5 6 7Agriculture 1044.80 502.91 48.13 1350.99 789.95 58.47

MSE 2106.25 1227.57 58.28 2847.00 1516.22 53.26OPS 609.10 324.01 53.19 679.99 396.58 58.32

Total PSC 3760.15 2054.50 54.64 4877.97 2702.75 47.30Negative trend of recovery position in the state of Jharkhand is a cause of concern.CBI, UBI, Dena Bank, VGB etc. should frame some strategy to improve recovery foroverall improvement in the recovery position. Support from State Govt. can be a usefultool to increase recovery.Bank- wise position of recovery under Priority Sector as on 31st December’ 2012 is givenin Annexure -XVIII (Page -94 )

10.2 RECOVERY POSITION UNDER GOVT. SPONSORED SCHEMES

[ Amt. in Crore ]

PARTICULAR 31st March’2012 31st December’2012Demand Recovery % Demand Recovery %

1 2 3 4 5 6 7SGSY 207.81 82.90 39.89 239.40 88.90 37.14

PMRY/PMEGP 95.62 38.06 39.80 108.10 50.72 46.92Total 303.42 120.96 39.86 347.50 139.63 40.18

Dismal position of recovery in Govt. sponsored scheme is continuing. Supportfrom concerned Govt. Deptt. is desired to improve recovery position in the Govt.Sponsored Schemes.Bank wise position of recovery under Govt. Sponsored Schemes as on 31stDecember’2012 is given in Annexure-XIX (Page - 96)


10.1 RECOVERY POSITION UNDER PRIORITY SECTOR ADVANCES

REVIEW OF NPA/ RECOVERY MATTERS


10.3 NON PERFORMING ASSETS

The position of NPA and written off debts of Banks in the state, is as under[Amt. in Crore]

Particular 31st December’2011 31st December’2012Gross Credit 40984.64 48226.76Gross NPA 1593.38 2732.18% to Gross Credit 3.88 5.67Written off 443.62 439.53% to Gross Credit 1.08 0.91Total (Gross NPA+Written Off)

2037.00 3171.71

% of Gross Credit 4.97 6.68On YoY basis NPA increased by Rs. 1138.80 crore from Rs. 1593.38cr to Rs. 2732.18crore which is 5.67% of Gross Credit. This is highly alarming, taking into considerationof prudential write off done by banks (without absolving borrowers from repayment),the total NPA comes to Rs. 3171.71 crore.To speed up the recovery of NPA a/c following action is required by Banks/StateGovt.:Action by Banks1. Follow up with the NPA borrowers to ascertain the condition of assets financed

by bank, and to ascertain the repaying capacity of borrowers.2. In case of loss to business/ assets, possibility of compromise as per norms to be

explored.3. In case of willful default, legal action should be initiated as per norms.4. If mortgage property is available, action under SARFESI Act to be initiated as per

norms without further delay.Action to be taken by State Govt.1. To speed up the process of disposal of all certificates file cases to increase

recovery performance in certificate file cases.2. Early disposal of application filed by banks before Deputy Commissioner for

physical possession under SARFASI Act.3. Organization of Lok Adalat at frequent intervals to dispose of the cased comes

under Lok Adalat.

Bank wise position of the NPA & Written-off advances as on 31st December’2012 isgiven in Annexure - XX (Page -98)


10.4 BANK WISE POSITION OF CERTIFICATE CASES10.4.1 The position of pending Certificate Cases of Banks in the state is asunder:

[Amt. in Crore]BANKS 31st December’2011 31st December’2012

Number Amount Number AmountCommercialBanks

95677 263.45 96650 284.37

RRBS 6791 20.39 6791 20.39Total 102468 283.84 103441 304.76

Filing of certificate cases has increased over December, 2011. The progress is notsatisfactory. Support from State Govt. is necessary for significant improvement. Postingof Certificate officer will further boost the disposal of certificate cases.Bank wise position of pending Certificate Cases as on 31st December’2012 is given inAnnexure –XXI(Page- 101 )

10.4.2 The position of quarterly disposal of Certificate Cases is as under:[Amt. in Crore]

Banks 31st December’2012Number Amount

1 2 3Commercial Banks 728 8.83

RRBsTotal 728 8.83

10.5. POSITION OF DRT CASES

The position of DRT Cases of Banks as on 31st December’2012 is as under:-[ Amt. in Crore ]

Total Credit Pending Cases To Gross CreditAmount No. Amt. %

1 2 3 448226.76 1049 344.45 0.71

Bank wise position as on 31st December’2012 is given in Annexure –XXII(Page- 103)OBSERVATIONS

1. Recovery position in the state of Jharkhand continued to deteriorate duringFY 2012-13.

2. There is also no significant outcome in terms of recovery in certificate cases.

Only improved recovery scenario may help in recycling the Banks loans and free flow ofcredit to Priority Sector and Govt. sponsored scheme.


11.1 FUNCTIONING OF VARIOUS SUB-COMMITTEES OF SLBCIn terms of the decision taken in the 41st SLBC meeting held on 9th November, 2012, the

following sub-committees of SLBC are functioning. The status of last meeting conducted is givenbelow:

Sub- Committees of SLBCsSL.No.

Name of Sub-Committee

Chairman of SubCommittee

Other Members of SubCommittee

Terms ofReference

Date of LastMeeting

AnnexedMinutes

1. Agriculture &Allied SubCommittee

PrincipalSecretary/Secretary(Agriculture) GOJConvenor- NABARD

1) Pr.Secretary/Secretary,Instituriponal Finanace2)Pr.Secretary/Secretary,Water Resources Deptt.3) Sectretary, ForestDepptt.4) NABARD (Chief

General Manager or notbelow the level of DGM5) Convenor Bank SLBC

(Zonal Head orrepresentative not belowthe level of AGM)6) SBI (Zonal Head orrepresentative not belowthe level of AGM)7) BOI (Zonal Head orrepresentative not belowthe level of AGM).8) Any two major Banks(Zonal Head orrepresentative not belowthe level of AGM)9) Registrar Cooperative

Societies

1) Agriculture &Allied activitiesincluding KCC.2)NewProjects/Schemes3)Developmentof Potentials forLending

01.02.2012

2. ExportPromotion

Convenor Bank ofSLBCConvenor- SLBC

1). Pr. Secretary /Secretary InstitutionalFinance & ProgrammeImplemantation, GOJ2) RBI (foreign exchangedept. AGM)3) Local Export

Association4) Deptt. Of Industry5) EXIM Bank

6) Other member Bank,SBI. BOI, & PNB

1) Review ofProgress oflending underExport credit2) Suggestion forimprovementExport inAgriculture/Handicraft3)Enablingfactor for exportpromotion

11.06.2012

3. Security Principal Secretary/Secretary (Home),GOJConvenor- SBI

1) Pr. Secretary/ SecretaryHome Department2) ADG/ IG – Operation

3) Pr. Secretary /Secretary InstitutionalFinance & ProgrammeImplementation, GOJ4) RBI (Zonal Head orrepresentative not belowthe level of AGM)

1)Discuss thevarious issuesrelated tosecurity ofTreasury of Bank2) Discuss aboutthe law & ordersituation of Statespecially innaxalite area

30.11.2012 Enclose21Pageno.194



SL.No.




Terms ofReference

Date of LastMeeting

AnnexedMinutes

5)Convenor Bank SLBC (Zonal Head orrepresentative not belowthe level of AGM)6) SBI ( Zonal Head orrepresentative not belowthe level of AGM)7) BOI (Zonal Head orrepresentative not belowthe level of AGM).8) Any two major Banks (Zonal Head orrepresentative not belowthe level of AGM)9) Jharkhand Gramin

Bank (Zonal Head orrepresentative not belowthe level of AGM )

3) final reportBank robberycases4) deploymentof Police Forceat BankBranches/Currency Chests

4. CD Ratio &ACP Sub-Committee


1) Pr.Secretary / SecretaryInstitutional Finance &ProgarmmeImplementtation, GOJ.2)Reserve bank of India3) NABARD4) SBI5 ) Bank of India6) Punjab National Bank.7) Jharkhand Gramin

Bank8) Canara bank9) Union Bank

1) MonitoringAchievement ofACP & ProjectedCD Ratio2) Specialstrategy for poorperforming Distt.3) Developmentof enablingfactors forincreasinglending underACP

03.11.2012

5. SteeringCommittee onSLBC


1) Deptt. Of InstitutionalFinance2) RBI3)NABARD4)Director, Industry5)ICICI Bank6)Canara Bank7)Punjab national \bank8)Bank of India9)State Bank of India

1) Latest Positionand pendingissues with Govt./Banks.2) Improvementin SLBCfunctioning(Banks/Govt.)

29.01.2013

6. Sub Committeeon Legislature&Other issue

Secretary,InstitutionalFinanceConvenor- SLBC

1) Secretary, Ruraldevelopment2)Secretary, Co-operative3)Secretary, Revenue4)Secretary, Agriculture5)Secretary, Planning6) .State bank of India7)Bank of India

8) Allahabad bank9)Reserve bank of India

All issues relatingto legislature,amendmentand otherActivitiesreceived fromthe State Govt.for Developmentthrough credit inthe State.

05.11.201229.01.2013

7. Sub-committeeon MSME andGovt.Sponsored

Secretary(RuralDevelopment)Convenor- BOI

1) Secretary, Ruraldevelopment2)Secretary, Institutionalfinance

All issues relatingto MSMEfinancing andfinancing under

01.02.2013


SL.No.




Terms ofReference

Date of LastMeeting

AnnexedMinutes

Schemes 3)Secretary, Industries4)State bank of India5)Bank of India

6) Allahabad bank

Govt. Sponsoredschemes.

8 Sub-committeeon Housingfinance

Secretary(UrbanDevelopmentConvenor- SBI

1) Secretary, UrbanDevelopment2)Secretary, Institutionalfinance3)Representative of NHB4)State bank of India5)Bank of India

6) Allahabad bank7) Chairman of bothGramin bank

All issues relatingto housingfinancing (Urban& Rural Area)

04.08.2011

9 Sub-committeeon NationalRural LivelihoodMission

Secretary (RuralDevelopment)Convener-Jharkhand StateLivelihoodPromotion Society

1)Principal Secretary,Rural Development2)Secretary, IF&PI, GoJ3)RBI4)SLBC5)SBI6)Bank of India7)Canara Bank8)PNB9)JGB10)NABARD

State-LevelSupport toLivelihoodPromotionStrategies-Jharkhand

14.12.2012,05.02.2013

10 Sub-committeeon EBT

Secretary(InformationTechnology)Convener- SLBC

1)Secretary, InformationTechnology, GoJ2)Secretary, IF&PI, GoJ3)MGNREGACommissioner4)RBI5)Secretary, Welfare, GoJ6)Tribal WelfareCommissioner7)SBI8)Bank of India

Detailedstrategy andapproach forElectronicBenefit Transfer

13.12.2012

The convener of Sub-committee of Agriculture & Allied activities, Security, MSME & Govt.Sponsored Scheme and Housing finance requested to convene the meeting on at-leastquarterly basis.In addition to the aforesaid regular sub-committees Bankers’ Small committee was constituted interms of instruction of the Govt. of India letter dated 17th August, 2011. The status of holdingmeeting of the Bankers’ Small committee is given below:

SL.No.

Name ofCommittee

Chairman ofCommittee

Other Members ofCommittee

Terms of reference Date of LastMeeting

AnnexedMinuets

1 Small Group ofBankers forFinancialInclusion

Convenor -SLBC RBI, Convenor Bank ofSLBC, NABARD, OSD,Major Banks, Both RRBs

Providing Bankingservices to allvillages withpopulation below2000 in Jharkhand

10.12.201219.12.2012


12.1. Extension of Equitable Mortgage in Khunti and Ramgarh.

Ramgarh and Khunti, which have been carved out from Hazaribagh and Ranchidistricts respectively are not having the equitable mortgage facility as these two districtshave not been notified for creation of Equitable mortgage by the State Govt. Atpresent Equitable Mortgage of these two districts are executing in nearby districts,which is posing hurdle in financing by the Banks. SLBC has requested to IF & PIdepartment, GOJ to take up the matter with the concerned department of Govt. tonotify these two districts as notified centres for Equitable Mortgage.

12.2.Financing to Special category of Borrowers

As per prevailing practices mortgage of properties for loans to the members ofST/SC/OBC category under CNT Act is being permitted by Dy. Commissioner ofrespective districts. In case of Housing Loan to the employees of Central Govt./StateGovt./ Banks and other PSU, Education Loans to the ward of Central Govt./State Govt./Banks and other PSU employees and for Investment credit, SLBC proposes that a timeframe should be fixed to minimize the delay in granting the permission for mortgage byDCs to facilitate these type of Loans which generally otherwise gets unduly delayed.

House may discuss

12.3. Provision of space for DRT Ranchi

MoF, GoI vide letter no F. No. 26/7/2011-DRT dated 27.04.2012 advised the convener ofSLBC to locate/find out the suitable space for shifting of office of DRT Ranchi. Thematter was also discussed in 38th SLBC meeting held on 09th May’2012, in which SLBCrequested Govt. of Jharkhand to provide suitable space in any Govt. building for DRTRanchi. SLBC Jharkhand once again requested the State Govt. to provide space forDRT Ranch.

House may discuss

12.4. Allotment of suitable land for controlling office in Ranchi for RBI, NABARD, SLBCVand major PSBs.

The Govt. of Jharkhand have earlier assured for providing land for the Controlling officeof the RBI, NABARD, SLBC and Major PSBs in Ranchi. Govt. of Jharkhand is requested toexpedite the allotment of the land.

House may discuss


12. Miscellaneous



13. Any other matter with the permission of the chair

42nd SLBC Agenda

Documents