>> 9 << AGENDA NOTES AND BACKGROUND PAPERS FOR MEGHALAYA SLBC MEETING Date:- 20.09.2011 Agenda 1 Adoption of minutes : The minutes of State Level Bankers Committee meetings held on 2.06.2011 was circulated to all members. The House may adopt the same if there is no request for amendment. Agenda 2 Follow up action on the decisions of the SLBC meeting dated 02.06.2011 No. Action to be taken Action by Comments ( Status of the action) 1. Attendance of designated officials of appropriate level to be made in the SLBC meeting. 2. Opening of Currency Chest at Resubelpara, Ampati and Baghmara. 3. Holding of Financial Literacy & Credit Counseling Camp at each District every month by SBI All Bank/Govt. / NABARD, etc. SBI / GOVT. SBI We had requested all the members to depute suitable officer in the SLBC meetings so that meaningful decision can be taken in the highest forum. Resubelpara :SBI Engineer recently visited the land allotted by SDO for construction of Currency Chest. Drawings and estimates are being prepared by SBI for submission to RBI for approval. Ampati : Efforts are being made for getting suitable private land for construction of Currency Chest.. Baghmara : DC has identified an old building in the bus stand area. Bank Engineer has recently visited the site. C.M.,LB Ri Bhoi, Jaintia & East Khasi Hills Districts organized Financial Literacy & Credit Counseling camps on 28.07.2011 at Mylliem, on 29.07.2011 at Umsning and on 30.8.2011 at Bhoirymbong. C.M LB West & South Garo Hills organized FLCCC on 24.08.2011 at Babupara (Tura). MRB, MCAB & UCO Banks have also organized FLCC Camps in E.K.Hills District.
>> 10 << No. Action to be taken Action by Comments ( Status of the action) NABARD Financial Literacy cum Awareness Programmes conducted by KKSCO (BC)& sponsored by NABARD in the following villages of East & West Khasi Hills Districts Village Block Date Lyngkhoi Mawphlang 23.07.2011 Pyndenlitha Mawphlang 30.07.2011 Pingwait Mawlynrew 24.08.2011 Marngar Mawthadrais han 27.08.2011 Financial Literacy cum Awareness Programmes conducted by MRDS (BC) & sponsored by NABARD in the following villages of Jaintia Hills District Village Block Date Umladang Thadlaskei 12..07..2011 n Mookaswan Thadlaskei 14. 07.2011 n Niriang Thadlaskei 21. 07.2011 n Thangbuli Amlarem 23. 07.2011 Padubah Amlarem 26. 07.2011 Nongtalang Amlarem 29.07.2011 Hingoria Khliehriat 27.07.2011 Biar Laskein 06.08.2011 Barato Laskein 10.08.2011 Pamanik Laskein 11.08.2011 Mynso Laskein 12.08.2011 Thadbamon Laskein 13.08.2011 Thangrain Laskein 17.08.2011 Mowkyndeng Laskein 26.08.2011
>> 11 << 4. Increase in credit flow to Agriculture. (a) Holding of Seminar at Shillong & Tura (b) Revising Scale of Finance 5. Opening of Bank Branches at Saipung and Shallang. 6. Increase in Education Loan/Edu loan melas & wide publicity of the Scheme. 7. Credit to Housing Sector,. State Government Concerned Banks (PNB & UBI) All Member Banks All Member Banks Agriculture Deptt. organized awareness campaign with the help of SBI, MRB, MCAB to enlighten the schemes to Agri Development Officers attached to the Block with an instruction to popularize KCC lending to villagers/ farmers. (a)concerned Deptt. will apprise the House. (b) Since Revised Present status is furnished in page no. 19. Saipung Branch will be opened by 30 th Sept 2011. Sub-Committee constituted for opening of Shallang Branch submitted the report and the report was sent by Lead Bank to all concerned including Controlling Authority of UBI. UBI will apprise the latest position. Performance of Education Loan is furnished at page No. 41. Lending to this sector to the extent of Rs.172.17 lacs over the last quarter. Performance of Dena Bank, South Indian Bank, ICICI Bank is nil or insignificant. All member Banks are requested to take initiative for increasing their lending in this sector. SBI has organized EDU-FAIR on 02 nd & 05 th July,2011 at Shillong. 144 Nos. Housing Loan aggregating Rs.1696.59 lacs has been sanctioned during the quarter under review. Contribution to this sector by Canara Bank, Corporation Bank, Axis Bank, HDFC Bank, ICICI Bank is nil. Present position is furnished at page No.50
>> 12 << 8. Increase credit to MSME sector. 9. PMEGP Implementation & Monitoring by the Sub- Committee. All Member Banks KVIC/KVIB/DIC ALL Banks Formation of Sub-Committee by State Govt. Amount of loan to the extent of Rs.115.11 crs. increased over the last quarter. Contribution by Andhra Bank, South Indian Bank, IDBI Bank is nil. However, all Banks have been requested to gear up to improve the position. Present status at page No. 39 Bank-wise / District wise Target furnished at Page 40 Concerned Deptt will advise the House regarding formation of Sub-Committee. 10. Financial inclusion for unbanked villages with population above 2000- achievement as per road map. 11. Revised ACP for 2011-2012 Concerned Banks Particulars furnished in page No.20-21 All Member Banks/LDM/ NABARD 12. Holding of Workshops at NABARD Shillong & Tura on various Govt of India Schemes. 13. SGSY/NLRM C&RD Deptt. (Sensitization & training) 14. Setting up of RSETIs Convenor/ C&RD Dept., GOM 15. Pending Bakijai cases All Member Banks Revised ACP has been communicated top all concerned Banks in all Districts. Achvement under ACP for 2011-12 furnished at page No.24. Bank could achieve only 11.07% during the quarter. NABARD organized workshops on 15.07.2011 at Shillong & on 28.08.2011 at Tura Concerned department will apprise the House Present position furnished at page No. 43 Concerned Deptt and Concerned member Banks will apprise the House. Present position furnished at page No.58 16. Appointment of Consultant RBI, Lead Bank & State Govt. Sharing of cost among State Govt, RBI & SBI/ other Banks yet to be finalized for appointment of Indian Institute of Bank Management, Guwahati for studying the
17. Interest Subsidy Scheme for housing for the Urban Poor (ISSHUP) State Nodal Agency & Banks reasons for low CD Ratio and remedial action State Nodal Agency will apprise the House >>18 << Position of CD Ratio in Meghalaya (An analysis as on 30.06.2011) Credit Deposit ratio of all Banks in the state has come down to 30.51% from 30.96% as against the RBI norm of 60% due to higher growth in deposits compared to advances as on 30.06.2011. CD Ratio is the highest in Ri-Bhoi (45.44%) followed by West Khasi Hills district (38.27%) and East Garo Hills (37.67%). The CD ratio is less than 60% and above 35% in 4 number of districts, namely West Khasi Hills, West Garo Hills, East Garo Hills and Ri-Bhoi Districts. In Rural areas, the CD ratio in State is 43.02% as against 35.29% of Mar.2011 quarter. The CD ratio in 3 District is below 35% namely Jaintia (19.93%), South Garo Hills (20.13%), East Khasi Hills (27.16%). Banks, whose CD ratio is below 20%, are requested to initiate immediate steps to increase the same to above 30%. Steps initiated:- 1. LDM of Jaintia Hills District where the C.D. Ratio is less than 20% had constituted a Special Sub Committee of DCCs with Project Director, DRDA as Chairman and representative of RBI, DDM, NABARD, LDM of the Districts as members of the sub-committee to find out the reasons for low C.D. Ratio and suggest steps to increase the same. 2. The LDM of East Khasi Hills District has also constituted a Special Sub- Committee. Though CD ratio of Ri-Bhoi Dist. from Dec.2010 onwards is above 40%, Sub-Committee meeting of June 11 quarter will be held on 15 th Sept.2011 as per instruction of last SLBC meeting held on 02 nd June, 2011. 3. A Monitorable Action Plan may be submitted by each sub-committee to SLBC convenor Bank for presentation to SLBC Meeting.
>> 19 << Agenda item: 4 Review of progress of implementation of Financial Inclusion in the State (i) Plan for Unbanked Block Agreed list of Unbanked Centre for opening of branches Table : 4.1 Sl No 1. 2. Name of the District Jaintia Hills West Garo Hills Name of the Unbanked Block Saipung Gambegre Population Name of the Bank branch /BC planned to be opened/ opened up to the quarter PNB SBI Date by which planned to be opened Progress/Remarks It is reported by PNB that Branch is ready for opening. They are going to open the Branch in the month of Sept.2011 Opened on 24.01.2011 LATEST DEVELOPMENT ON OPENING OF BANK BRANCHES AT WEST KHASI HILLS DISTRICT 1. W.Khasi Hills i)nonghyllam SBI At present opening of branch at Nonghyllam is not conducive for lack of infrastructure. The report submitted by CM (Lead Bank) W K Hills was submitted to the DC, Nongstoin with a request for improvement /provision of infrastructure facilities like motorable road, Police Outpost, telecom facility & premises. ii) Nongshillong iii) Shellang UBI Opened on 21.02.2011 Concerned Bank to apprise of developments
>> 20 << (ii) Unbanked Villages having population 2000 and above Sl No 01. 02. District/Block E.K.Hills (Mylliem Block) Mawryngkneng Block Jaintia Hills (Thadlaskein Block) Laskein Block Village Popu-lation Name of the Bank Br./BC to be opened/ opened upto the quarter Mawpat 4663 Already covered by existing braches Date by which planne d to be opene d Nongkseh 4931 Already covered by Nongrah 3971 Mobile Van Allotted to MRB Lummawbah 3326 Already covered by Lawsohtun 6386 Already covered by Laitkor Rngi 2140 BC By Allotted to PNB June 11 Allotted to BOB Pomlum 3181 Already covered by Pomlakrai 4736 Branch Already opened Mawshbuit 2089 Mobile van Allotted to MRB Mawlynrei Traishnong 2104 Mobile van Allotted to MRB Umphyrnai 2089 BC Dec 11 MRB Nartiang 2413 Already covered by Allotted to UBI Wahiajar 4295 Already covered by Allotted to UBI Moodymmai 2154 Already covered by Allotted to UBI Ialong 2291 Already covered by Sohmynting 2421 Already covered by Mihmyntdu 4451 Already covered by Barato 2911 BC By Mar 12 Sahsniang 2306 BC Progress/Remarks (to be allotted to Bank ) Village is serviced by SBI, Polo MRB, Polo & MRB, Nongmynsong which are 1 to 3 kms. away Serviced by PNB, Kynton & SBI, 3 rd Mile which are within 1 km. Mobile Van Banking started on 5.9.2011. Linked to Rynjah branch. Servciced by PNB, Kynton, 101 Area & SBI 3 rd Mile 1KM away. Serviced by MRB, Bishnupur & SBI, Kenches Trace which are within 2 kms. UBI Serviced by BOB, Upper Shillong 1 KM away SBI,HQ,DGAR Laitkor Mobile Van Banking services will be started by September 2011 Mobile Van Banking started on 5.9.2011. Linked to Rynjah branch. Serviced by MCAB Nartiang - located in the village itself Serviced by UBI & MCAB, Ummulong 1 KM away Serviced by UBI & MCAB Ummulong - 3 KMs away Serviced by SBI, Jowai which is 5 kms. away Serviced by SBI, Jowai which is 8 kms. away Serviced by SBI, Jowai which is 3 kms. away SBI SBI Serviced by SBI, Raliang & MRB, Mookaiaw which are within 15 kms.
>> 21 << 03. Khliehri at Block Saipun g Block West Garo Hills (Selsella Block) Rongram Block Mootyrshia 2366 BC March 2012 h Mynso 2561 Already covered by Kyndongtub 3477 Already covered by er Thadmuthlo 2782 Already covered by ng Mukhap 2175 BC March 12 2629 BC March 12 Sohkympho r Dkhiah East 2195 Already covered by Narwan 2742 BC By Jalaphet Sutnga 2587 Already covered by Paham 2230 Already covered by Maulakandi 2216 Already covered by Charbatapara 2264 Already covered by Bholarbhita 2584 Already covered by Shyamding 2535 Already covered by Sidakandi 2636 Already covered by Phersakandi 2062 Already covered by Chibra Agal 2266 Already covered by Allotted to UBI Mar 12 MRB Serviced by SBI, 8 Mile - 9 Kms. away Serviced by SBI, 8 Mile 7 Kms away Serviced by SBI, 8 Mile which is within 1 km. MRB MRB Service by UBI, SBI & MCAB Khliehriat 1 KM away SBI Serviced by MRB, Sutnga which is within 5 kms. Serviced by SBI, Chibinang - 6 kms. away Serviced by SBI, Chibinang - 4 kms. away Serviced by SBI, Chibinang - 3 kms. away Serviced by SBI, Chibinang - 2 kms. away Serviced by SBI & MCAB Phulbari - 1 km. away Serviced by SBI, New Bhaitbari - 1 km. away Serviced by SBI, New Bhaitbari - 2 kms. away Serviced by SBI, Rongram & MCAB, Goeragri 1.5 kms. away Zikzak Block Nandichar I 2453 Already covered by Majerchar I 2696 Already covered by Majerchar II 4147 Already covered by Serviced by SBI & MCAB, Mahendraganj - 1 km. away Serviced by SBI & MCAB, Mahendraganj - 2 kms. away Serviced by SBI & MCAB, Mahendraganj - 3 kms. away
>> 22 << Committee on Financial Sector Plan (CFSP): Progress report as on 30.06.2011(Current Quarter) The status reports as on June 2011 received from 4 districts identified for 100% Financial Inclusion is furnished below :- Sl No Name of district 1 E.K. Hills 2 Jaintia Hills 3 Ri- Bhoi 4 West Garo Hills Lead Bank Allotted to No. of house - holds No of villages ** No. of nofrills a/cs opened No of GCC issued No of KCC issued H/Hold covered No of village covered % of coverage Household % of coverage villages SBI 125567 962 46202 1654 32049 98642 922 78.55% 95.84% SBI 49918 499 16248 320 4707 29683 401 59.46% 80.36% SBI 34844 570 10659 632 14127 28503 545 84.86% 95.61% SBI 95524 1537 34546 48 12918 51160 1120 53.55% 72.86% ** sources - Statistical Hand Book on MEGHALAYA issued by Directorate of Economics & Statistics, Govt. of Meghalaya, Shillong and Census India Website updated as on 2001
>> 23 << Agenda No :- 5 Review of performance under Annual Credit Plan 2011-2012: Comparative Statement Showing Successive Credit Allocations and Achievements for the Last Three quarters in the State. Summary of performance is as under:- (Rs. in crores) Sector As on 31.12.2010 As on 31.03.2011 As on 30.06.2011 T A % T A % T A % Agri 151.14 57.58 38.10 151.14 97.99 64.83 240.68 17.21 17.15 Total Crop 72.28 29.80 41.23 72.28 56.11 77.62 142.31 9.58 6.73 loan Agri - 78.86 27.78 35.23 78.86 41.88 53.10 98.37 7.63 7.75 Term Loan MSME 125.05 28.76 23.00 125.05 143.31 114.60 208.05 13.45 6.46 Services 253.11 191.96 75.84 253.11 293.90 116.11 355.04 57.89 16.30 Total 529.30 278.30 52.58 529.30 535.20 101.11 803.77 88.55 11.02 T= Target (for the year) A= Achievement (for the financial year)
>> 29 << AGENDA ITEM-6 FLOW OF CREDIT TO AGRICULTURE i) Credit Disbursements : Agricultural advances at the end of June 2011 is Rs.502.55 crores, consisting 14.99% of total advances as against RBI norm of 18%. Comparative Statement of Crop Loans under Annual Credit Plan During the last three quarters (Rs. in crores) Head as on Dec 10 as on Mar 11 as on Jun 11 Target 72.28 72.28 142.31 Achievement 29.80 56.11 9.58 % of achievement 41.23 77.64 6.73 CREDIT FLOW TO AGRICULTURE IN MEGHALAYA Comparative statement for the last 3 years in the state (Rs. in crores) Head 2008-09 2009-10 2010-11 Crop loans 128.55 94.46 112.27 Agri Term Loans 184.20 291.08 344.96 Total agri adv. 312.75 385.54 457.23
>> 36 << SHG_Bank Linkage: Achievement for the last three years: FINANCE MADE TO SELF HELP GROUPS DURING LAST 3 YEARS Table :-8.3 (Rs. in crores) Year 2008-09 2009-10 2010-11 No of SHGs 492 1348 1539 No of Members 5377 12132 15390 Bank loan (Rs in Cr) 2.53 8.28 9.80 Per group loan 0.005 0.006 0.006 Per member loan Rs. 4705 Rs. 6825 Rs.6370 TARGET & ACHIEVEMENT UNDER SHG-BANK LINKAGE FOR 2011-12 (BANK WISE) (Rs. in lacs) Sl No Name of the Bank Target (credit linkage) No. ( 2011-12) Achievement as on 30.06.2011 (curr. fin. yr) 01. ALB 0.00 02. BOB 1.00 03. CBI 5.67 04. IND 4.33 05. PNB 0.73 06. SBI 51.38 07. UBI 3.75 08. UCO 0.00 09. UNI 0.25 10. MCAB 48.83 11. MRB 38.81 Total 154.75 Swarna Jayanthi Gram Swarozgar Yojana (SGSY) Performance under SGSY in Meghalaya (Rs. in crore) Achievement Districts Target No. of Amt of loan Subsidy % age of (Credit) (2011-12) Beneficiaries (2011-12) (2011-12) Utilized Achievement (loan) E.K. Hills 8.01 190 0.33 0.165 4.11% W.K. Hills 3.68 230 0.36 0.18 9.78% Jaintia Hills 5.28 230 0.25 0.125 4.73% E.Garo Hills 3.20 0 0.00 0.00 0.00% W.Garo Hills 6.57 160 0.11 0.055 1.67% S.Garo Hills 0.96 0 0.00 0.00 0.00% Ri-Bhoi 3.20 70 0.13 0.065 4.06% TOTAL 30.90 880 1.18 0.59 3.81%
Agenda 13 Progress in setting RSETI >> 43 << Name of the Banks/ F I Allotted Districts Status/Report of High Power Committee Meeting on 20/12/2010 No. Trained (cumulative) No availed Bank loan (cumulative) SBI Ri-Bhoi OPENED 525 97 Training programme suspended temporarily due to nonreimbursement of rent of the building by the NIRD, Hyderabad. Land has been identified. Handing over of land is under process at the DC s office, Nongpoh. W. G. Hills Dogopkre building is available for starting temporarily thereat. Training will commenc shortly. Land has been identified but yet to be handed over. S. G. Hills Land at Baghmara yet to be identified. However, trainees sponsored from this District can be provided at West Garo Hills, Tura. E. G. Hills Registrar of Co-operative Society requested the Secretary, C MCAB & RD Deptt. for allotment of land on 15.03.11 UBI Jaintia Hills UBI, Regional Office has written to their Head Office for permission for setting up RSETI. PNB E. K. Hills Building is available at Laitkroh. Land has been identified. Handing over of land is under process. They had taken up with their Head Office for providing staff for starting training programme at Laitkroh temporarily. MRB W. K. Hills TRYSEM building in Nongstoin is available which is suitable for conducting training classes. But there is no room for faculty and hostel for trainees. Issue : i) Concerned Banks will apprise the House. Agenda 14 Sub-Committee of SLBC for Export Promotion We have been advised by RBI, Mumbai to set up a separate Sub-Committee under SLBC to discuss exporters problems in relation to export finance and other bank related issues at the state level. The sub-committee will include local exporters Associations, SBI and 2/3 leading banks handling sizeable export business, DGFT, Customs, State Government (Department of Commerce and Industry and Deptt. of Finance), EXIM Bank, ECGC, FEDAI besides RBI (Foreign Exchange Department and Department of Banking Supervision) at regional level, as members of the committee. MISCELLANEOUS Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) The Government of India, Ministry of Housing & Urban Poverty Alleviation (MH&UPA) has recently launched the Interest Subsidy Scheme for Housing the Urban Poor (ISHUP) to address urban housing shortage in the country. The scheme provides for interest subsidy of 5% per annum on loan amount up to Rs. 1 lac for economically weaker section (EWS) and lower income group (LIG) in the urban areas for acquisition/construction of houses. The scheme is proposed to be implemented by the primary lending institutions (PLIs), viz, scheduled commercial banks and housing finance companies. The National Housing Bank (NHB) and HUDCO have been designated as the Nodal Agencies for administration on release of the subsidy. Agenda 15 Financing Under Housing Scheme for Urban Poor and Rural Housing Scheme (Indira Abash Yojana) No Loan applications has been submitted to any bank so far.