Statement of Priority Sector Advances (Outstanding) (Amount in crores) S. No. Particulars As on 31.03.13 As on 31.03.14 As on 31.03.15 As on 30.06.15 1 Short Term Production loans 50,343 59,105 65,353 64,283 2 Agrl. Term Loans 28,573 28,507 30,244 28,301 3. Total Agrl. Advances 78,916 87,612 95,597 92,584 % of Agrl. Advances to ANBC (RBI norm- 18%) 56.01% 51.62% 47.51% 42.90% 4. Micro & Small Enterprises (% to ANBC ) 13,780 (9.78%) 26,302 (15.50%) 32,276 (16.04%) 32,305 (14.97%) Medium Enterprises (Classified as Priority Sector w.e.f. 23.04.2015) NA NA NA 2,618 MSME Total (% to ANBC) 13,780 (9.78%) 26,302 (15.50%) 32,276 (16.04%) 34,923 (16.18%) 5 Export Credit (Classified as Priority Sector w.e.f. 23.04.2015) NA NA NA 890 6 Others’ under Priority Sector Advances (% to ANBC) 25,713 (18.25%) 23,336 (13.75%) 23,609 (11.73%) 25,842 (11.98%) Total Priority Sector Advances 1,18,409 1,37,250 1,51,482 1,54,239 % of Priority Sector Advances to ANBC (RBI norm -40%) 84.04% 80.87% 75.29% 71.47% Banking Key Indicators (Figures in Crores)
held on 12.08.2014 The validity period of loan eligibility cards may be enhanced to 3 years from the existing one year – appropriate proposals may be submitted to Government for necessary orders. Submission of proposal to Government for creation of “Credit Guarantee Fund” as a confidence building measure to enable bankers to extend crop loans liberally to all the LEC holders. For this purpose the bankers shall deduct premium from crop loan amount sanctioned to the LEC holders and convey the same to the State Government after which the State Government shall contribute matching grant for the Corpus Fund to be created. The modalities for utilizing the fund by the bankers will be worked out after a decision from the Government regarding creation of CGF is received. High overdues under crop loans sanctioned to LEC holders is one of the reasons for poor progress in sanction of loans, the bankers suggested that a recovery mechanism must be put in place by the Government by constituting joint teams of Revenue, Agriculture & SHG members to assist the bankers in recovery of loans from LEC holders. To have a fixed Calendar schedule for issue of loan eligibility cards in all districts uniformly. Ref.No.LRC-I/152/2014 dated 18.04.2015 informed that the four recommendations have been examined with reference to the A.P. Land Licensed Cultivators Act & Rules 2011 and proposals have been submitted to the Government for consideration and necessary orders. The orders of the Government are awaited. 4.2 To establish second DRT in A.P State. Law Dept. GoAP SLBC has requested the Chief Secretary vide Lr.No.666/30/ 196/786 dated 07.02.2015 for
4.6 GoI is requested to examine the issue of insurance cover to poultry birds GoI Reply awaited from Government of India 4.7 Emu farming: NABARD is requested to permit the banks to adjust the backend subsidy to the credit of loan accounts before lock in period where the units have become defunct owing to reasons beyond the control of the farmer and SLBC also requested NABARD to conduct evaluation study to suggest remedial measures to overcome the problems in emu farming. GoI/NABARD SLBC has requested the NABARD vide Lr.No.666/30/07/356 dated. 05.09.2015 to takeup with their Central Office, NABARD for expedite the matter. Reply awaited from the NABARD / Government of India. 4.8 Difficulties faced by banks in registration of Police Complaints: The banks are required to register complaints with the Police for various reasons, more particularly in case of frauds / attempted frauds perpetrated by the fraudsters. This is essential to comply with the guidelines of the Govt., RBI and the bank. But banks face challenges as Police authorities do not accept to register the complaints citing various reasons even in cases where the bank / customer has suffered actual financial loss. In respect of cases where there is no financial loss to the bank/ customer or where the money involved has been recovered, the Police do not entertain the complaints thus putting the banks to unnecessary hardships for being unable to comply with the directives of RBI. (Issue raised by IBA) GoAP SLBC has requested the Chief Secretary, GoAP vide Lr.No.666/30/196/267 dated 31.07.2015 that GoAP may issue suitable instructions to the Police Authorities to allow banks to file the complaints in the Police stations of the state. Reply awaited from the Government of Andhra Pradesh 4.9 Need for CERSAI like system for Vehicle loans: The banks have been witnessing the incidence of quick mortality accounts and rising frauds under Vehicle loans. The factors for such incidences are mainly as follows: The loan proceeds are misutilized GoAP SLBC has requested the Chief Secretary, GoAP vide Lr.No.666/30/196/267 dated 31.07.2015 for resolution / direction.
1 Short Term Crop Production Loans Khariff Rabi Total 29,022 19,045 48,067 16,691 - 16,691 57.51 - 34.72 2 Agrl.Term Loans Khariff Rabi Total 6,919 6,919 13,838 2,806 - 2,806 40.55 - 20.28 Total Farm Credit Khariff Rabi Total 35,941 25,964 61,905 19,497 - 19,497 54.25 - 31.50 3 Agriculture Infrastructure Khariff Rabi Total 446 446 892 82 - 82 18.39 - 9.19 4 Ancillary Activities Khariff Rabi Total 1,238 1,237 2,475 589 - 589 47.58 - 23.80 Khariff Rabi Total Agriculture 37,625 27,647 65,272 20,168 - 20,168 53.60 - 30.90 The performance of agriculture sector under ACP is 30.90% of the target for the year 2015-16 as against 12.97% of the achievement for the corresponding quarter for the year 2014-15. Union Budget - 2015-16 – Interest Subvention Scheme for Short term Crop Loans during the year 2015-16 - RBI circular No.RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16, dated August 13, 2015. Government of India has approved the implementation of the Interest Subvention scheme for the year 2015-16 for short term loans upto Rs.3 lakh with the following stipulations. Interest subvention @ 2% per annum will be made available to the Public Sector Banks (PSBs) and the Private Sector Scheduled Commercial Banks (in respect of loans given by their rural and semi-urban branches) on their own funds used for short-term crop loans up to Rs.3,00,000/- (Rs. three lakhs) per farmer provided the lending institutions make available short term credit at the ground level at 7% per annum to the farmers. This 2% interest subvention will be calculated on the crop loan amount from the date of its disbursement/drawal up to the date of actual
Yojana (PMMY) and branded accordingly. The overdraft amount of Rs.5,000 sanctioned under PMJDY may also be classified as MUDRA loans under PMMY. It is, therefore, requested that all advances granted on or after 8th April, 2015 falling under this category be classified as MUDRA loans under the PMMY. All such loans can be covered under refinance and/or credit enhancement products of MUDRA. Further, MUDRA will work on creating a common charter applicable to PMMY loans which are to be adopted by all the banks. The charter will apply to all eligible loans; irrespective of the fact whether or not the bank concerned obtains / receives support from MUDRA for such loans. It is informed that Loans up to Rs.50,000 be named as ‘Shishu’, Loans from Rs.50,001 to Rs.5.00 lakh as ‘Kishore’ and Loans from Rs.5.00 to Rs.10.00 lakh as ‘Tarun’. Controlling authorities of all banks are requested to report the monthly progress of such advances to SLBC, MUDRA and DFS (CP/RRB Division) on a regular basis. Organizing Credit Campaigns: Department of Financial Services, MoF, GoI has directed all banks to organize Mega Credit Campaings for disbursement of loans under ‘Shishu’ Category during 25th September, 2015 to 2nd October. District wise venue & tentative dates for organizing Mega Credit Campaings Name of the District Date of Campaign Venue / Location Srikakulam 29.09.2015 Palasa 28.09.2015 Srikakulam Vizianagaram 29.09.2015 Vizianagaram 01.10.2015 Lakkavarapukota Visakhapatnam 30.09.2015 Visakhapatnam 01.10.2015 Narsipatnam East Godavari 29.09.2015 Kakinada 01.10.2015 Rajahmundry West Godavari 29.09.2015 Bhimavaram 01.10.2015 Tadepalligudem Krishna 28.09.2015 Machilipatnam 01.10.2015 Vijayawada Guntur 25.09.2015 Tenali 01.10.2015 Narsaraopet Prakasam 28.09.2015 Ongole 30.09.2015 Markapur Nellore 29.09.2015 Atmakur 02.10.2015 Nellore (Dargamitta)
15.14. Overdue position under Government sponsored schemes as on 30.06.2015 (Rs. In Crores) Sector Outstanding Overdue Non – Performing Assets No. of a/cs Amount No. of overdue accounts Total balance in overdue accounts Actual overdue amount No. of accounts Amount Central Government Sponsored Schemes 328275 4559 66113 772 153 42693 288 Of which SGSY / NRLM 247809 3790 36756 558 52 23600 169 SJSRY / NULM 25198 315 8821 38 19 7095 30 PMRY/PMEGP 16697 246 8911 99 44 6802 56 ISHUP 3812 51 1434 24 13 1227 17 DEDS 34294 141 9966 48 21 3843 12 State Government Sponsored Schemes 2137401 23361 503047 7464 2978 276175 2158 (The figures are indicative as the data has not been received from all member banks) Central Government Sponsored Schemes: The percentage of total balance in overdue accounts & NPA to outstandings is 16.93% & 6.32% respectively. State Government Sponsored Schemes: The percentage of total balance in overdue accounts & NPA to outstandings is 31.95% & 9.24 respectively. SGSY: The percentage of total balance in overdue accounts & NPA to outstandings is 14.72% & 4.46% respectively. SJSRY: The percentage of total balance in overdue accounts & NPA to outstandings is 12.06% & 9.52% respectively. PMRY/PMEGP: The percentage of total balance in overdue accounts & NPA to outstandings is 40.24% & 22.76% respectively. ISHUP: The percentage of total balance in overdue accounts & NPA to outstandings is 47.06% & 33.33% respectively. DEDS: The percentage of total balance in overdue accounts & NPA to outstandings is 34.04% & 8.51% respectively.