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Major Action points

Status of Implementation against Major Action Points emerged in the 131st SLBC Meeting held on 21st December 2015.

1. Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

Reassessment of unbaked Gram Panchayats having bank branches within a radius of 5 kms, > 5kms to <10 kms and >10kms, by the LDMs and names of unbanked Gram Panchayats having brick & mortar branches within a radius of 5 kms will be dropped from that list.

Status of implementation:

It is gathered that there are 351 unbanked GPs having Bank branches within a radius of 5 Km. Consequently, number of unbanked GPs would be 365 (716-351).

It may be noted by the House that SLBC on the basis of the report submitted by LDMs, has already submitted roadmap for opening of 717 brick & mortar branches in unbanked villages having population above 5000 within 31.03.2017 as per guidelines issued by RBI on 31.12.2015.

Banks are requested to open Brick & Mortar Bank branches under this roadmap in villages located in unbanked GP on priority basis.

2. Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

Banks to make serious effort to raise CD Ratio of the State over the coming months of current financial year from present level of 61% to targeted level of 70% at the end of this financial year (2015-16).

Status of implementation:

CD Ratio of the State stood at 61% as on 31.12.2015, i.e. there is no increase in CD ratio over September 2015.

Advance portfolio has increased to Rs 3,42,347 crore as on 31.12.2015 from Rs 3,33,004 crore as on 30.09.2015 thereby registering a quantum wise increase of Rs 9,343 crore.

CD ratio of some banks (viz. BoB by 10%, PNB by 10%, UCO Bank by 5 %, Andhra Bank by 8%, WB State Coop. Bank by 8%, Punjab & Sind Bank by 37%, etc.) has decreased over September 2015.

Banks are requested to make aggressive but judicious lending to push the CD ratio of the State during remaining period of current financial year (2015-16).

3. Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

In Six Districts particularly, where CD Ratio is below 40%, the Sub-Committees of DCC on CD Ratio would function actively and draw action plan for improving the CD ratio within short time.

Status of implementation:

With regular monitoring of the Sub-Committees of DCC, CD Ratio of Alipurduar, Hooghly and Burdwan districts have increased by 8%, 5% and 1% respectively as on December 2015 over CD Ratio of June, 2015.

However, Burdwan, Bankura, Birbhum, Hooghly, Alipurduar & 24-Parganas North districts are still having below 40% CD Ratio as on December, 2015. District Magistrates of these districts are to take initiative in scouting of viable big ticket suitable credit proposals to improve the CD Ratio of the districts.

4. Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

All Banks are to make concerted effort to achieve 100% disbursement under ACP 2015-16.

Status of implementation:

All the banks operating in the State put together disbursed Rs. 64580 crore i.e. 79% of the Annual Target for Rs 81568 crore during April-December 2015 under ACP 2015-16.

Disbursement under ACP during April-December 2015 has increased by 32% over the disbursement of Rs. 48790 crore during corresponding period last year (2014-15).

5.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

All Banks are to take steps to achieve KCC target during FY 2015-16.

Status of implementation:

All the banks operating in the State have issued 12,71,577 KCCs during the period from 01.04.2015 to 31.12.2015 i.e. 64% of annual target of 20.00 lac. Total financial outlay for KCCs stood at Rs. 4416.79 crore as on 31.12.2015.

6.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

SLBC to convene a special meeting to formulate strategy for KCC loans as well as activation of dormant KCCs.

Status of implementation:

Meeting was convened on 29.02.2016 under the Chairmanship of the Additional Chief Secretary, Agriculture Department, GoWB. The major action points emerged in the meeting are furnished below:

To collect outstanding KCC loan accounts as on 31.12.2015, so as to ascertain the gap between farmers and loanee farmers.

Massive campaign in the rural area in respect of benefits of KCC loans.

To cover all eligible and willing farmers through KCCs.

Activation of all dormant KCCs.

SLBC Desk has already requested the member banks to submit the outstanding KCC loan accounts (both No. and amount) as on 31.12.2015 at the earliest for placing in the ensuing SLBC meeting.

7.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

SLBC to convene a meeting of SHG Sub-Committee during January 2016 to formulate strategy so as to achieve physical & financial target of SHGs during FY 2015-16 and also to raise average credit per SHG to desired level.

Status of implementation:

At the end of December 2015, credit linkage of SHG stood at Rs. 1137.50 crore (59% of financial target) covering 126148 nos of SHGs. (71% of physical target) as compared to Credit Linkage to 64317groups during corresponding period of last year. Average Credit per SHG as on 31.12.2015 for F.Y. 2015-16 stood at Rs.90172/- against average SHG credit of Rs 81883/- last year (31.12.2014).

Sub - Committee meeting on SHG was held on 29.02.2016. Performance of SHGs as on 31.12.2015 in the Sate was discussed in detail. Major action points of the meeting are

furnished below:

1.Banks would exert concerted effort to achieve the target of credit linkage (both physical & financial) for F.Y. 2015-16.

2.To raise average credit per SHG to Rs 1.25 lac as on 31.03.2016.

3.Proper coding in SHG loan accounts so that actual disbursement is reflected in the portal.

4.Target proposed for Rs. 2500.00 crore for Financial Year 2016-17, placed before SLBC for consideration.


8.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

All Banks are to make concerted effort to achieve revised Mudra Target from 01.11.2015 to 28.02.2016.

Status of implementation:

All the Banks operating in the State combinedly have disbursed Rs 5662.06 crore against target of Rs. 6532.17 crore, thereby achieving 86.68 % of annual target as on 12.02.2016. Out of the amount disbursed, NBFC /MFI has contributed Rs 2065.55 crore, Non NBFC /MFI has contributed Rs. 112.03 crore and rest Rs 3484.48 crore has been disbursed by the banks operating in the State.

9.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

Pursuant to the direction of Government, SLBC- West Bengal to publish an advertisement in local widely circulated dailies on PMMY by 31.12.2015 and cost to be incurred for that will be shared by all member banks as prorata basis.

Status of implementation:

Publication in this respect was made on 30.12.2015 in Ananda Bazar Patrika and Ebela.

10.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

State Government to expedite introduction of online land holding verification system and online registration of bank’s charges.

Status of implementation:

L & LR Department, GoWB has informed SLBC that land details concerning 241 out of 346 Blocks can be viewed by accessing e-bhuchitra portal.

SLBC has requested State Government to put in place the facility of online creation / registration of charges on land / property by a bank in case the same piece of land / property is mortgaged to that bank against loan availed by the concerned party. To enable the bank with this facility, digitization of the entire land records is a necessity for the State.

Action is required from L & LR Department, GoWB on urgent basis. Banks are ready to assist the department in any matter related to IT for providing the facility to the Banks.

11.Action Points emerged in the 131ST SLBC Meeting held on 21.12.2015:

Suitable instruction would be given to the District Magistrates and Police Authorities to dispose off the pending cases under SARFAESI Act 2002.

Status of implementation:

We are yet to receive response from the State Government.