|
Banking Scenario in Union Territory of J&K as on 30.09.2019
Key Banking Indicators:
(Numbers in Actual and Amount in Crores of Rupees)
S. No |
Particulars |
30th Sept., 2018 |
30th Sept., 2019 |
YoY Growth (%) |
1 |
Total Number of Branches |
1974 |
1995 |
1.06% |
1A |
Metropolitan |
174 |
177 |
1.72% |
1B |
Urban Branches |
343 |
341 |
-0.58% |
1C |
Semi-Urban Branches |
395 |
400 |
1.27% |
1D |
Rural Branches |
1062 |
1077 |
1.41% |
2 |
Deposits |
1,08,893.84 |
1,24,838.03 |
14.64% |
|
Credit |
51,059.71 |
59,273.41 |
16.08% |
|
Corporate Sector advances |
4,326.14 |
2,730.64 |
-36.88% |
3 |
Total Credit |
55,385.85 |
62,004.05 |
11.94% |
3(a) |
Total Resource support under RIDF provided by NABARD to J&K Govt. |
… |
1,900.88 |
… |
|
TOTAL |
55,385.85 |
63,904.93 |
… |
5 |
CD Ratio |
50.86% |
51.19% |
0.33% |
6 |
Priority Sector Advances |
25,964.38 |
29,257.47 |
12.68% |
7 |
Share of PS Advances in Total Advances (%) |
46.88% |
49.36% |
2.48% |
(i) |
Agriculture Advances |
7925.68 |
8,532.33 |
7.65% |
(ii) |
MSME Advances |
14579.27 |
15,784.34 |
8.27% |
(iii) |
Export Credit |
38.27 |
53.55 |
39.92% |
(iv) |
Education Advances |
372.22 |
372.42 |
0.05% |
(v) |
Housing Advances |
2425.79 |
4,083.63 |
68.34% |
(vi) |
Social Infrastructure |
14.09 |
13.10 |
-7.02% |
(vii) |
Renewable Energy |
54.13 |
34.96 |
-35.41% |
(viii) |
Other Sector Advances |
554.91 |
383.14 |
-30.95% |
8 |
Non-Priority Sector Advances |
29,421.46 |
32,746.58 |
11.30% |
9 |
Advances to Weaker Sections |
6,361.40 |
7,070.98 |
11.15% |
10 |
Advances to Women |
3,825.69 |
4803.86 |
38.26% |
Observations:
- Bank credit in UT of J&K has grown by 16.08%, whereas the deposits have grown by 14.64% only on YoY basis;
- The share of priority sector advances to total advances outstanding has increased by 2.48% from 46.88% as on as on 30th September, 2018 to 49.36% as on 30th September, 2019.
CREDIT SHARING OF MAJOR PLAYERS IN J&K:
The contribution of individual banks to overall advances outstanding as on September 30, 2019 is tabulated hereunder:
(Amt. in Crores)
Name of the Bank |
Size of the Bank in J&K (Branch Network ) (30.09.2019) |
%age share in total Branch Network
(30.09.2019) |
Advances outstanding
(30.09.2019)
(Excluding Corporate Sector Advances) |
%age share to total outstanding advances of all Banks
(30.09.2019) |
J&K Bank |
782 |
39.19% |
41,465.30 |
69.95% |
JKGB |
215 |
10.77% |
2,013.08 |
3.40% |
SBI |
174 |
8.72% |
6,661.35 |
13.98% |
EDB |
117 |
5.86% |
423.61 |
0.71% |
PNB |
104 |
5.21% |
1,363.65 |
2.30% |
JCC Bank |
89 |
4.46% |
345.85 |
0.58% |
HDFC Bank |
76 |
3.80% |
2,006.20 |
3.38% |
ICICI Bank |
35 |
1.75% |
506.58 |
0.85% |
BCC Bank |
35 |
1.75% |
186.48 |
0.31% |
ACC Bank |
35 |
1.75% |
126.38 |
0.21% |
Canara Bank |
34 |
1.70% |
541.10 |
0.91% |
J&K SC Bank |
31 |
1.55% |
467.84 |
0.79% |
AXIS Bank |
25 |
1.25% |
388.15 |
0.65% |
UCO Bank |
20 |
1.00% |
190.75 |
0.32% |
CBI |
17 |
0.85% |
134.93 |
0.23% |
OBC |
18 |
0.90% |
229.23 |
0.39% |
P & S Bank |
16 |
0.80% |
184.35 |
0.31% |
Union Bank of India |
13 |
0.65% |
227.04 |
0.38% |
Other Banks/ FIs |
159 |
7.97% |
1181.54 |
1.99% |
Total |
1,995 |
|
59,273.41 |
|
The Sub-Sector–wise share in total Priority Sector outstanding as on Sept., 30, 2019 is given below:
(Amt. in Crores of Rupees)
S.
No |
Name of the Sub-Sector |
Outstanding in Sub-sector |
Total Priority Sector Outstanding |
%age share in total Priority Sector Outstanding |
1 |
Agriculture & Allied |
8,532.33 |
29,257.47 |
29.16% |
2 |
MSMEs |
15,784.34 |
53.95% |
3 |
Export Credit |
53.55 |
0.18% |
4 |
Education |
372.42 |
1.27% |
5 |
Housing |
4,083.63 |
13.96% |
6 |
Social Infrastructure |
13.10 |
0.04% |
7 |
Renewable Energy |
34.96 |
0.12% |
8 |
Others |
383.14 |
1.31% |
While analyzing Priority Sector advances it is observed that Micro, Small & Medium Enterprises (MSMEs) Sector dominates other sectors by absorbing major share of Rs.15784.34 Crore (53.95%) followed by Agriculture, Housing and Others sectors with an amount of Rs.8,532.33 Crore (9.16%), Rs.4083.63 Crore (13.96%) and Rs.383.14 Crore (1.31%) respectively. The share of Education, Export Credit, Social Infrastructure and Renewable energy in the aggregate outstanding credit is very less.
The credit deployment in Education sector has remained subdued over a period of time despite the concerns shown by the SLBC in this regard.
The Sub-Sector–wise share in total Non-Priority Sector outstanding as on Sept., 30, 2019 is given below:
(Amt. in Crores of Rupees)
S. No |
Name of the Sub-Sector |
Outstanding in Sub-sector |
Total Non- Priority Sector Outstanding |
%age share in total Non-Priority Sector Outstanding |
1 |
Agriculture |
203.33 |
32,746.58 |
0.62% |
2 |
Education |
161.44 |
0.49% |
3 |
Housing |
2,087.08 |
6.37% |
4 |
Personal Loans |
15,550.21 |
47.49% |
5 |
Others |
14,744.52 |
45.03% |
While analyzing Non-Priority Sector advances it is observed that 47.49% of total advances outstanding as of September, 2019 has gone to Personal Loans Segment alone while the remaining 52.51% of Non-priority Sector credit has gone to Others Sector (45.03%), Housing (6.37%), Agriculture (0.62%) and the lowest share of Rs.161.44 Crore (0.49%) has gone to Education Sector.
Position of District-wise Credit Deposit Ratio
Based on the data provided by banks operating in J&K, comparative position of CD Ratio of each district (in the UT of J&K) as on March 31, 2019 and Sept., 30, 2019 is tabulated below:
S. No |
Name of District |
C.D. Ratio (%age) |
Remarks |
S. No |
Name of District |
C.D. Ratio (%age) |
Remarks |
Lead Districts of J&K Bank |
Lead Districts of SBI |
|
|
March 2019 |
Sept., 2019 |
|
|
|
March 2019 |
Sept., 2019 |
|
1 |
Srinagar |
49.62% |
54.69% |
… |
13 |
Samba |
48.88 |
47.94 |
|
2 |
Ganderbal |
67.52% |
72.54% |
… |
14 |
Kathua |
41.69% |
41.76% |
|
3 |
Baramulla |
72.14% |
84.04% |
… |
15 |
Udhampur |
32.58% |
35.00% |
Low CDR |
4 |
Bandipora |
64.69% |
75.61% |
… |
16 |
Reasi |
37.52% |
36.79% |
Low CDR |
5 |
Anantnag |
71.47% |
70.65% |
… |
17 |
Jammu |
30.36% |
31.31% |
Low CDR |
6 |
Kulgam |
75.37% |
87.91% |
… |
18 |
Doda |
38.69 |
46.61 |
|
7 |
Pulwama |
77.07% |
89.97% |
… |
19 |
Ramban |
34.08% |
41.45% |
|
8 |
Shopian |
102.24% |
142.09%% |
… |
20 |
Kishtwar |
28.79% |
32.40% |
Low CDR |
9 |
Budgam |
79.86% |
91.70% |
… |
|
|
|
|
|
10 |
Kupwara |
76.54% |
96.78% |
… |
|
|
|
|
|
11 |
Poonch |
27.08% |
35.16% |
Low CDR |
|
|
|
|
|
12 |
Rajouri |
30.65% |
36.84% |
Low CDR |
|
|
|
|
|
Data reveals that Credit Deposit Ratio of District Ramban has crossed 40% mark as on 30th September, 2019. However, 6 districts, i.e. Jammu, Udhampur, Reasi, Kishtwar, Poonch and Rajouri continue to have subdued C.D. Ratio (less than 40%) as on September 30, 2019.
Sector-wise/Bank-wise/Region-wise achievements under ACP
Banks operating in UT of J&K have provided total credit of Rs.14842.51 Crore in favour of 392273 beneficiaries against a target of Rs.35771.55 Crore for 1232611 beneficiaries to Priority as well as Non-priority Sector under Annual Action Plan 2019-20, thereby registering achievement of 41.49% in financial terms and 31.82% in physical terms.
Overview of Credit Disbursements
(Amount in Crores of Rupees)
Name of the Sector |
ACP Target
FY 2019-20 |
Achievement as on
30th Sept., 2019 |
%age of Achievement |
Physical |
Financial |
Physical |
Financial |
Physical |
Financial |
Priority |
9,67,021 |
27,190.19 |
2,38,343 |
8,199.61 |
24.65% |
30.16% |
Non-Priority |
2,65,590 |
8,581.37 |
1,53,930 |
6,642.90 |
57.96% |
77.41% |
Total |
12,32,611 |
35,771.56 |
3,92,273 |
14,842.51 |
31.82% |
41.49% |
Credit by Sectors- Priority Sector
(Amount in Crores of Rupees)
Name of the Sub-Sector |
ACP Target
FY 2019-20 |
Achievement as on
30th Sept., 2019 |
%age of Ach. |
Physical |
Financial |
Physical |
Financial |
Physical |
Financial |
Agriculture |
6,86,911 |
12,891.84 |
1,53,013 |
3,733.78 |
22.27% |
28.96% |
MSMEs |
1,26,944 |
9,392.71 |
59,158 |
3,122.85 |
46.60% |
33.25% |
Export Credit |
336 |
152.95 |
38 |
36.80 |
11.30% |
24.06% |
Education |
14,580 |
594.91 |
3,923 |
82.23 |
26.90% |
13.82% |
Housing |
33,652 |
2,679.37 |
11,146 |
1,036.69 |
33.12% |
38.69% |
Social Infrastructure |
8,396 |
310.18 |
21 |
6.72 |
0.25% |
2.17% |
Renewable Energy |
13,732 |
67.23 |
744 |
4.57 |
5.42% |
6.79% |
Others |
82,470 |
1,101.00 |
10,300 |
175.97 |
12.49% |
15.98% |
Total |
9,67,021 |
27,190.19 |
2,38,343 |
8,199.61 |
24.65% |
30.16% |
Credit by Sectors- Non-Priority Sector
(Amount in Crores of Rupees)
Non-Priority Sector |
Name of the
Sub-Sector |
ACP Target
FY 2019-20 |
Achievement as on
30th Sept., 2019 |
%age of Ach. |
Physical |
Financial |
Physical |
Financial |
Physical |
Financial |
Agriculture |
0 |
0 |
565 |
40.96 |
… |
… |
Education
(above Rs.10.00 lakh) |
2409 |
306.82 |
426 |
34.06 |
17.68% |
11.10% |
Housing
(above Rs.25.00 lakh) |
3363 |
784.76 |
3602 |
453.50 |
107.10% |
57.79% |
Personal Loans |
90646 |
2886.38 |
108732 |
3996.45 |
119.95% |
138% |
Others |
169172 |
4603.41 |
40605 |
2117.93 |
24.00% |
46.01% |
Total |
265590 |
8581.37 |
153930 |
6642.90 |
57.95% |
77.41% |
ACHIEVEMENTS BY MAJOR BANKS:
(Amount in Crores of Rupees)
Priority Sector |
Name of the
Sub-Sector |
ACP Target
FY 2019-20 |
Achievement as on
30th Sept., 2019 |
%age of Ach. |
Physical |
Financial |
Physical |
Financial |
Physical |
Financial |
J&K Bank |
583124 |
15156.63 |
144183 |
4587.63 |
24.72% |
30.27% |
SBI |
89181 |
2724.92 |
36310 |
1315.18 |
40.72% |
48.27% |
PNB |
36824 |
1449.40 |
12661 |
579.26 |
34.38% |
39.97% |
HDFC Bank |
31447 |
1354.14 |
3480 |
369.29 |
11.06% |
27.27% |
JKGB |
80176 |
1722.62 |
19613 |
468.65 |
24.46% |
27.21% |
EDB |
29760 |
582.66 |
6498 |
124.43 |
21.83% |
21.36% |
Other Banks |
116509 |
4199.82 |
15598 |
755.17 |
13.39% |
17.98% |
TOTAL |
967021 |
27190.19 |
238343 |
8199.61 |
24.65% |
30.16% |
ACHIEVEMENTS BY MAJOR BANKS:
(Amount in Crores of Rupees)
Non-Priority Sector |
Name of the
Sub-Sector |
ACP Target
FY 2019-20 |
Achievement as on
30th Sept., 2019 |
%age of Ach. |
Physical |
Financial |
Physical |
Financial |
Physical |
Financial |
J&K Bank |
159867 |
5027.88 |
107148 |
5115.45 |
67.02% |
101.74% |
SBI |
23577 |
1004.72 |
12126 |
548.79 |
51.43% |
54.62% |
PNB |
12032 |
343.34 |
3935 |
173.38 |
32.70% |
50.50% |
HDFC Bank |
15433 |
481.62 |
7110 |
324.65 |
46.07% |
67.41% |
JKGB |
11161 |
379.24 |
4182 |
114.07 |
37.47% |
30.08% |
EDB |
3118 |
118.21 |
903 |
15.48 |
28.96% |
13.09% |
Other Banks |
40402 |
1226.36 |
18526 |
351.08 |
45.85% |
28.63% |
TOTAL |
265590 |
8581.37 |
153930 |
6642.90 |
57.96% |
77.41% |
REGION-WISE / SECTOR-WISE POSITION:
The Region-wise/ Sector-wise achievements as at the end of September, 2019 vis-à-vis commitments for lending under Annual Credit Plan 2019-20 are summarized below:
(Amount in Crore)
Region |
Sector |
Targets |
Achievements |
Achievement % |
Kashmir |
Priority Sector |
16228.38 |
4561.54 |
28.11% |
|
Non-Priority Sector |
3711.45 |
3444.56 |
92.81% |
|
Total |
19939.83 |
8006.10 |
40.15% |
Jammu |
Priority Sector |
10961.81 |
3638.07 |
33.19% |
|
Non-Priority Sector |
4869.92 |
3198.34 |
65.68% |
|
Total |
15831.73 |
6836.41 |
43.18% |
UT of J&K |
Total Priority Sector |
27190.19 |
8199.61 |
30.16% |
|
Total Non-Priority |
8581.37 |
6642.90 |
77.41% |
|
GRAND TOTAL |
35771.55 |
14842.51 |
41.49% |
CREDIT DISBURSEMENT UNDER GOVERNMENT SPONSORED SCHEMES:
Performance of banks under four major Government Sponsored Schemes as on September 30, 2019 is given hereunder:
(Amount in Crores of Rupees)
# |
Name of the Scheme |
Annual Target
2019-20 |
Cases sponsored |
Achievement as on
30th Sept., 2019 |
%age Ach. viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy |
Fin. |
Phy. |
1 |
NRLM |
9,886 |
167.18 |
3,354 |
3,300 |
45.93 |
33% |
27% |
98% |
2 |
PMEGP |
2,139 |
141.42 |
4,671 |
1,267 |
49.36 |
59% |
35% |
20% |
3 |
NULM |
3,108 |
69.80 |
1,499 |
655 |
8.20 |
21% |
12% |
40% |
4 |
SC/ST/OBC |
810 |
7.07 |
316 |
107 |
0.94 |
13% |
13% |
33% |
TOTAL |
15,943 |
385.47 |
9,840 |
5,329 |
104.43 |
33% |
27% |
54% |
|
(*) This includes last year’s pending cases disbursed during the CFY.
NATIONAL RURAL LIVELIHOOD MISSION (NRLM):
The contribution of major banks is tabulated below:
(Amount in Crores of Rupees)
Name of the Bank |
Annual Target
2019-20 |
Cases Sponsored |
Achievement as on
30th Sept., 2019 (*) |
%age Ach. viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy. |
Fin. |
Phy. |
J&K Bank |
8656 |
138.80 |
2716 |
2671 |
35.71 |
31 |
26 |
98 |
SBI |
84 |
2.59 |
59 |
59 |
1.42 |
70 |
55 |
100 |
PNB |
83 |
2.46 |
18 |
18 |
0.57 |
22 |
23 |
100 |
JKGB |
912 |
20.18 |
521 |
513 |
7.36 |
56 |
36 |
98 |
EDB |
103 |
1.65 |
27 |
26 |
0.60 |
25 |
36 |
96 |
Other Banks |
48 |
1.50 |
13 |
13 |
0.27 |
27 |
18 |
100 |
TOTAL |
9886 |
167.18 |
3354 |
3300 |
45.93 |
33 |
27 |
98 |
(*) This includes last year’s pending cases disbursed during the CFY.
PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP):
The contribution of major players is tabulated below:
(Amount in Crores of Rupees)
Name of the Bank |
Annual Target
2019-20 |
Cases sponsored |
Achievement as on
30th Sept., 2019 (*) |
%age Ach. viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy. |
Fin. |
Phy. |
J&K Bank |
1159 |
75.29 |
3568 |
970 |
37.03 |
84 |
49 |
27 |
SBI |
234 |
17.94 |
129 |
21 |
0.69 |
9 |
4 |
16 |
PNB |
163 |
13.19 |
149 |
21 |
0.60 |
13 |
5 |
14 |
HDFC Bank |
45 |
2.19 |
2 |
0 |
0 |
0 |
0 |
0 |
JKGB |
267 |
15.07 |
599 |
136 |
6.52 |
51 |
43 |
23 |
EDB |
49 |
2.76 |
33 |
7 |
0.25 |
14 |
9 |
21 |
Other Banks |
222 |
14.98 |
191 |
112 |
4.27 |
50 |
29 |
59 |
TOTAL |
2139 |
141.42 |
4671 |
1267 |
49.36 |
59 |
35 |
27 |
(*) This includes last year’s pending cases disbursed during the CFY.
NATIONAL URBAN LIVELIHOOD MISSION (NULM):
The contribution of major players is tabulated below:
(Amount in Crores of Rupees)
Name of the Bank |
Annual Target
2019-20 |
Cases sponsored |
Achievement as on
30th Sept., 2019 (*) |
%age Ach. viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy. |
Fin. |
Phy. |
J&K Bank |
1389 |
30.63 |
1019 |
418 |
5.31 |
30 |
17 |
41 |
SBI |
444 |
10.19 |
49 |
22 |
0.27 |
5 |
3 |
45 |
PNB |
294 |
7.02 |
64 |
18 |
0.06 |
6 |
1 |
28 |
Canara Bank |
81 |
1.85 |
98 |
92 |
0.92 |
114 |
50 |
94 |
HDFC Bank |
176 |
3.49 |
10 |
4 |
0.02 |
2 |
1 |
40 |
JKGB |
210 |
4.70 |
32 |
5 |
0.11 |
2 |
2 |
16 |
Other Banks |
514 |
11.92 |
227 |
96 |
1.51 |
19 |
13 |
42 |
TOTAL |
3108 |
69.80 |
1499 |
655 |
8.20 |
21 |
12 |
44 |
(*) This includes last year’s pending cases disbursed during the CFY.
SCHEDULE CASTE / SCHEDULE TRIBE /OTHER BACKWARD CLASSES (SC/ST/OBC):
The contribution of major players is tabulated below:
(Amount in Crores of Rupees)
Name of the Bank |
Annual Target
2019-20 |
Cases sponsored |
Achievement as on
30th Sept., 2019 (*) |
%age Ach. viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy. |
Fin. |
Phy. |
J&K Bank |
413 |
3.61 |
235 |
93 |
0.81 |
23 |
23 |
40 |
SBI |
96 |
0.74 |
11 |
2 |
0.03 |
2 |
4 |
18 |
PNB |
56 |
0.41 |
13 |
1 |
0.01 |
2 |
2 |
8 |
HDFC Bank |
18 |
0.16 |
0 |
0 |
0 |
0 |
0 |
0 |
JKGB |
73 |
0.73 |
31 |
2 |
0.02 |
3 |
2 |
6 |
EDB |
52 |
0.48 |
7 |
3 |
0.03 |
6 |
6 |
43 |
Other Banks |
102 |
0.94 |
19 |
6 |
0.04 |
6 |
4 |
32 |
TOTAL |
810 |
7.07 |
316 |
107 |
0.94 |
13 |
13 |
34 |
(*) This includes last year’s pending cases disbursed during the CFY.
Progress under Pradhan Mantri Weaver’s MUDRA Yojana
The contribution of major banks is tabulated below:
(Amount in Crores of Rupees)
(*) This includes last year’s pending cases disbursed during the CFY.
Name of the Bank |
Annual Target
2019-20 |
Cases sponsored |
Achievement as on
30th Sept., 2019 (*) |
%age Ach. Viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy. |
Fin. |
Phy. |
J&K Bank |
898 |
15.87 |
337 |
104 |
1.15 |
12 |
7 |
31 |
SBI |
152 |
1.73 |
9 |
0 |
0 |
0 |
0 |
0 |
PNB |
85 |
1.02 |
11 |
4 |
0.01 |
5 |
1 |
36 |
HDFC Bank (**) |
59 |
0.69 |
2 |
0 |
0 |
0 |
0 |
0 |
JKGB |
196 |
7.44 |
29 |
11 |
0.16 |
6 |
2 |
38 |
EDB |
74 |
0.98 |
5 |
2 |
0.02 |
3 |
2 |
40 |
Other banks |
178 |
1.98 |
17 |
6 |
0.06 |
3 |
3 |
35 |
TOTAL |
1642 |
29.71 |
410 |
127 |
1.40 |
8 |
5 |
31 |
Handlooms (Micro Credit Plan Scheme)
(Amount in Crores of Rupees)
(*) This includes last year’s pending cases disbursed during the CFY.
Name of the Bank |
Annual Target
2019-20 |
Cases sponsored |
Achievement as on
30th Sept., 2019 (*) |
%age Ach. Viz-a-viz |
Annual Target |
Sponsor-ship |
A/C |
Amt. |
A/C |
A/C |
Amt. |
Phy. |
Fin. |
Phy. |
J&K Bank |
551 |
4.66 |
121 |
33 |
0.34 |
6 |
7 |
27 |
SBI |
114 |
1.12 |
9 |
0 |
0 |
0 |
0 |
0 |
PNB |
56 |
0.51 |
19 |
5 |
0.06 |
9 |
12 |
26 |
HDFC Bank |
43 |
0.41 |
0 |
0 |
0 |
0 |
0 |
0 |
JKGB |
133 |
1.21 |
37 |
18 |
0.16 |
14 |
13 |
49 |
Other banks |
187 |
1.57 |
22 |
18 |
0.62 |
10 |
39 |
82 |
TOTAL |
1084 |
9.48 |
208 |
74 |
1.18 |
7 |
12 |
36 |
Dairy Entrepreneurship Development Scheme (DEDS):
GoI, Ministry of Agriculture and Farmers Welfare, Department of Animal Husbandry, Dairying and Fisheries had approved continuation of DEDS for the financial year 2019-20 vide communication bearing F.No.1-1/2009-DP dated 2nd May, 2018.
(Amount in Crores of Rupees)
Name of the Bank |
Cases Sponsored |
Cases sanctioned |
Achievement as on
30th Sept., 2019 (*) |
%age |
Achievement
viz-a-viz Sponsorship |
A/C |
A/C |
A/C |
Amt. |
Phy. |
J&K Bank |
2192 |
544 |
421 |
6.16 |
19 |
SBI |
362 |
91 |
71 |
0.46 |
20 |
PNB |
103 |
13 |
12 |
0.02 |
12 |
JKGB |
513 |
150 |
92 |
1.64 |
18 |
EDB |
112 |
31 |
29 |
0.63 |
26 |
Other Banks |
116 |
35 |
33 |
2.04 |
28 |
TOTAL |
3398 |
864 |
658 |
10.95 |
19 |
(*) This includes last year’s pending cases disbursed during the CFY.
Roadmap for coverage of 104 identified villages having population over 5000 in J&K, which are without a branch of Scheduled Commercial Bank:
Under revised guidelines on Rationalization of Branch Authorization Policy RBI allowed to provide banking services to the allocated 104 villages having population >5000 by opening “CBS-enabled Banking Outlets” also, as defined in the relative Circular.
Out of total 104 identified unbanked villages 53 villages were covered by various banks for providing banking services, leaving 51 villages yet uncovered. In the 110th meeting of J&K SLBC it was decided that SLBC should explore the possibility of getting the remaining villages covered through India Post Payments Bank (IPPB), which stands already inducted as a member of J&K SLBC.
Reserve Bank of India vide their communication bearing FIDD.CO.LBS.No.299/ 02.01.001/2019-20 dated July 30, 2019 addressed to SLBC Convenor Banks clarified that “opening of Access Points (AP) by a Payments Bank (including India Post Payments Bank) shall be considered for coverage under the roadmap, subject to meeting requirements as per definition of a Banking Outlet contained in para 3.1.1 of RBI circular dated May 18, 2017 on Rationalization of Branch Authorization Policy”.
IPPB vide their communication dated 25.09.2019 conveyed their presence in 21 out of the remaining 51 villages.
During the 12th meeting of the Steering Sub-Committee of J&K SLBC to monitor IT-enabled Financial Inclusion, FLCs & Credit Plus Activities held on 03.12.2019 at RBI, Jammu, it was unanimously agreed that the villages where IPPB has agreed to provide banking services, should be considered as covered. Hence, taking into account the villages covered by IPPB, the status of coverage of these villages emerges as under:
# |
Name of the Bank |
Total No. of villages allocated |
Villages covered by opening brick & mortar branches |
Covered through CBS-enabled banking outlets |
Total No. of villages covered by banks |
No. of villages covered by IPPB |
Remaining villages yet to be covered |
1 |
J&K Bank |
48 |
08 |
20 |
28 |
8 |
12 |
2 |
SBI |
15 |
01 |
12 |
13 |
1 |
1 |
3 |
PNB |
11 |
… |
08 |
08 |
1 |
2 |
4 |
HDFC Bank |
10 |
… |
… |
… |
4 |
6 |
5 |
ICICI Bank |
06 |
01 |
… |
01 |
2 |
3 |
6 |
Canara Bank |
05 |
… |
01 |
01 |
2 |
2 |
7 |
UCO Bank |
05 |
… |
02 |
02 |
1 |
2 |
8 |
CBI |
04 |
… |
… |
… |
2 |
2 |
TOTAL |
104 |
10 |
43 |
53 |
21 |
30 |
Financial Literacy initiatives by FLCs and Rural Branches of Banks in J&K:
As per the extant operational guidelines of Reserve Bank of India, each FLC has to conduct two special camps per month on “Going Digital besides a minimum of 5 “Target Group Specific” camps for different target groups as prescribed by RBI are to be conducted each month.
Bank-wise performance of FLCs in UT of J&K during quarter ended 30.09.2019:
Name of Bank |
No. of FLCs set up in J&K |
Special Camps (Going Digital) |
Target-Group-Specific Camps |
TOTAL |
Target for quarter |
Ach. |
Target for quarter |
Ach. |
Target for quarter |
Ach. |
J&K Bank |
12 |
72 |
49 |
180 |
113 |
252 |
162 |
SBI |
8 |
48 |
34 |
120 |
67 |
168 |
101 |
PNB |
6 |
36 |
32 |
90 |
53 |
126 |
85 |
JKGB |
2 |
12 |
128 |
30 |
42 |
42 |
170 |
EDB |
2 |
12 |
11 |
30 |
31 |
42 |
42 |
J&K SCB |
1 |
6 |
0 |
15 |
0 |
21 |
0 |
TOTAL |
31 |
186 |
254 |
465 |
306 |
651 |
560 |
Bank wise performance of Rural Branches of Scheduled Commercial Banks in UT of J&K during quarter ended 30.09.2019:
S. No. |
Name of the Bank |
No. of Rural Branches |
Number of Camps |
Target for the Qtr.
(@ 1 camp per month) |
Camps conducted during quarter |
1 |
State Bank of India |
81 |
243 |
114 |
2 |
Punjab National Bank |
31 |
93 |
105 |
3 |
UCO Bank |
5 |
15 |
2 |
4 |
Central Bank of India |
2 |
6 |
10 |
5 |
Canara Bank |
6 |
18 |
18 |
6 |
Punjab & Sind Bank |
3 |
9 |
0 |
7 |
Union Bank of India |
2 |
6 |
1 |
8 |
OBC |
3 |
9 |
7 |
9 |
Bank of India |
2 |
6 |
0 |
10 |
Allahabad Bank |
1 |
3 |
3 |
11 |
Corporation Bank |
1 |
3 |
3 |
12 |
Indian Bank |
1 |
3 |
1 |
13 |
J&K Bank |
478 |
1434 |
755 |
14 |
ICICI Bank |
5 |
15 |
15 |
15 |
HDFC Bank |
16 |
48 |
19 |
16 |
Axis Bank |
11 |
33 |
26 |
17 |
Yes Bank |
1 |
3 |
3 |
18 |
J&K Grameen Bank |
174 |
522 |
515 |
19 |
Ellaquai Dehati Bank |
96 |
288 |
202 |
20 |
JKSCB |
19 |
57 |
0 |
TOTAL |
938 |
2814 |
1799 |
Rural Self-Employment Training Institutes (RSETIs) in UT of J&K:
Achievement as at 30.09.2019 viz-a-viz Targets for the FY 2019-20:
Name of the Bank |
Annual Target
FY 2019-20 |
Progress Achieved |
Programs |
Candidates
to be trained |
Total No. of Programs conducted |
Total No. of
Persons
Trained |
No. of persons credit-linked during CFY |
Out of which No. of persons started the ventures |
01.04.2019 to 30.09.2019 |
01.04.2019 to 30.09.2019 |
JKB |
145 |
4300 |
74 |
2145 |
1131 |
1081 |
SBI |
138 |
3360 |
69 |
1686 |
518 |
518 |
TOTAL |
283 |
7660 |
143 |
3831 |
1649 |
1599 |
Position regarding settlement of trained candidates since the inception of the scheme till 30.09.2019:
Name of the Bank |
Position since inception till 30.09.2019 |
Out of total settled candidates up to 30.09.2019 |
No. of candidates trained |
No. of candidates settled |
%age of settle-ment |
No. of candidates availing bank finance |
No. of candidates self-financed |
No. of candidates in wage employment |
%age of credit-linked to total settled |
JKB |
38551 |
26457 |
69% |
13120 |
9806 |
3531 |
50% |
SBI |
22830 |
15406 |
67% |
5752 |
7033 |
2621 |
37% |
Total |
61381 |
41863 |
68% |
18872 |
16839 |
6152 |
45% |
Progress under Pradhan Mantri Jan Dhan Yojana (PMJDY) and other Social Security Schemes, viz. (i) PMJJBY, (ii) PMSSBY, and (iii) APY:
- Pradhan Mantri Jan Dhan Yojana (PMJDY)
The consolidated progress regarding implementation of Pradhan Mantri Jan Dhan Yojana (PMJDY) in J&K as on 30.09.2019 is given as under:
Type of Bank |
No. of A/Cs opened |
Zero Balance accounts |
RuPay Debit Cards
Issued |
Rural |
Urban |
Total |
Public Sector |
1,85,514 |
1,72,089 |
3,57,603 |
65,406 |
2,92,193 |
Private Sector |
14,22,139 |
1,97,878 |
16,20,017 |
4,43,685 |
12,67,608 |
Regional Rural |
1,71,750 |
29,682 |
2,01,432 |
27,818 |
43,594 |
Cooperative Banks |
10,957 |
4,162 |
15,119 |
2,169 |
4,780 |
TOTAL |
17,90,360 |
4,03,811 |
21,94,171 |
5,39,078 |
16,08,175 |
In terms of DFS, MoF, GoI communication bearing F. No. 6/7/2018-FI (C-300383044) dated September 07, 2018, Government of India has decided to continue the National Mission for Financial Inclusion namely Pradhan Mantri Jan Dhan Yojana (PMJDY) beyond 14.08.2018 with the change in focus of opening of accounts from ‘every household’ to ‘every adult’ with following modifications:
- Existing overdraft limit to PMJDY account holders of Rs.5,000 was raised to Rs.10,000.
- Age limit of 18-60 years was revised to 18-65 years.
- There will not be any conditions attached for overdraft up to Rs. 2,000.
- Accidental Insurance cover for new RuPay Card Holders was raised from Rs.1 lakh to Rs.2 lakh for the new PMJDY accounts opened after 28/08/2018.
The continuation of the Mission would enable all adults of the country to have a basic bank account with access to other financial services, social security schemes and overdraft upto Rs.10,000. It will, thus, bring them within the ambit of basic banking services and will facilitate transfer of benefits of various subsidy schemes of the Government more efficiently.
As a part of Financial Inclusion Plan, a digital pipeline in the frame of JAM trinity (Jan Dhan, Aadhaar and Mobile) has also been created, which is facilitating disbursal of credit, providing social security, channelization of DBT under various government schemes to the beneficiaries.
J&K SLBC vide communication dated 10/09/2018 advised all banks to initiate necessary action and also issue mandatory instructions to their respective operative levels in this regard.
- Progress regarding two Social Security Schemes viz. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY):
The consolidated progress on number of enrolments under two insurance schemes viz. PMSBY and PMJJBY up to 30.09.2019 in the UT of J&K is given as under:
S.No |
Name of the Scheme |
No. of enrolments |
1 |
Pradhan Mantri Suraksha Bima Yojana (PMSBY) |
6,86,821 |
2 |
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) |
3,07,461 |
Total enrolments under PMSBY and PMJJBY |
9,94,282 |
- Insurance Claim details under PMSBY and PMJJBY:
-
- Consolidated summary of claims lodged by banks operating in J&K under PMSBY and PMJJBY as on 30.09.2019 is given as under:
|
Name of the Bank |
PMSBY Claims (Cumulative) |
|
|
|
|
|
1 |
Public Sector Banks |
114 |
95 |
12 |
7 |
190.00 |
2 |
Private Sector Banks |
152 |
107 |
14 |
31 |
213.00 |
3 |
Regional Rural Banks |
33 |
26 |
3 |
4 |
52.00 |
4 |
Cooperative Banks |
0 |
0 |
0 |
0 |
0.00 |
TOTAL |
299 |
228 |
29 |
42 |
455.00 |
|
Name of the Bank |
PMJJBY Claims (Cumulative) |
|
|
|
|
|
1 |
Public Sector Banks |
112 |
100 |
5 |
7 |
200.00 |
2 |
Private Sector Banks |
517 |
484 |
14 |
19 |
968.00 |
3 |
Regional Rural Banks |
73 |
67 |
4 |
2 |
134.00 |
4 |
Cooperative Banks |
2 |
2 |
0 |
0 |
4.00 |
TOTAL |
704 |
653 |
23 |
28 |
1306.00 |
Progress regarding Atal Pension Yojana:
Against annual target of enrolling 1,01,280 beneficiaries for CFY 2019-20 assigned as per the number of registered NLCCs in J&K, Banks have enrolled 7,272 beneficiaries up to 30th September, 2019:
Category |
Target per Branch/Regd. NLCC (*) |
No. of Branches/ Regd. NLCCs |
Annual Target for 2019-20 |
No. of accounts sourced during CFY |
Total APY accounts sourced from inception |
Public Sector Banks |
60 |
443 |
26,580 |
3429 |
23,901 |
Select Pvt. Banks like J&K Bank, ICICI, HDFC & Axis Bank |
60 |
900 |
53,550 |
1845 |
20,314 |
Regional Rural Banks |
50 |
332 |
16,600 |
1998 |
15,516 |
Cooperative Banks |
20 |
19 |
380 |
0 |
15 |
TOTAL |
- |
1,694 |
97,110 |
7,272 |
59,746 |
- (*) NLCC : NPS Lite Collection Centres (authorized for APY enrolment)
-
- Progress achieved in issuance of Aadhaar Cards in UT of J&K & seeding of Aadhaar and Mobile numbers into the Bank Accounts:
Aadhaar Generation details
(Age-wise) |
Population
(Projected 2019) |
Population
(Census 2011) |
Aadhaar Generated
Upto 26.11.2019 |
%age
viz-a-viz (Projected Population 2019) |
%age
viz-a-viz
(Census-2011) |
Left out Population (Estimate 2019) |
A |
Total Population |
1,34,47,552 |
1,22,67,013 |
1,05,73,857 |
78.63% |
86.20% |
28,73,695 |
a |
0 to 5 years |
15,26,389 |
13,93,236 |
4,10,210 |
26.87% |
29.44% |
11,16,179 |
b |
5 to 18 years |
38,89,312 |
35,18,375 |
22,79,660 |
58.61% |
64.79% |
16,09,652 |
c |
Above 18 years |
80,31,851 |
73,55,402 |
78,83,987 |
98.16% |
107.18% |
1,47,864 |
Aadhaar Seeding details as on 30.09.2019 |
Number |
%age |
B |
Total No. of Individual Saving Bank accounts in UT of J&K |
1,20,68,133 |
- |
C |
Out of (B), Individual SB accounts seeded with Aadhaar |
84,95,317 |
70% |
D |
%age of accounts seeded with Aadhaar viz a viz total Aadhaar generated in J&K. |
- |
80% |
Mobile Seeding details as on 30.09.2019 |
E |
Individual Saving Bank accounts seeded with Mobile Number |
1,01,26,778 |
84% |
Setting up of Aadhaar Centres in Bank Branches:
Pursuant to Government of India amendments to the Prevention of Money Laundering Act (PMLA) on 01/06/2017, Unique Identification Authority of India (UIDAI) vide Gazette Notification dated 14/07/2017 had mandated every Scheduled Commercial Bank in the country to set up Aadhaar Enrolment and Updation facility inside its bank premises at a minimum of 1 (one) out of their every 10 (ten) branches.
Accordingly, in the UT of J&K, 183 Bank branches were designated by 16 banks for Aadhaar enrolment and update Centres.
Detailed status of Aadhaar Enrolment Centres operating in J&K is given a under:
STATUS OF ECMP KITS AS ON 28.11.2019 |
Sr. No. |
Name of the Bank (A) |
No. of Branches Designated for Aadhaar Enrollment and updation (B) |
ECMP * KITS |
TOTAL KITS SYNC LAST 10 DAYS (E) |
TOTAL ENROLLMENT COUNT (LAST 30 DAYS) (F) |
Total Updates in Last 30 Days (G) |
TOTAL ENROL-MENTS AND UPDATIONS IN LAST 30 DAYS (F+G) |
No. of Working Kits (UIDAI) (C) |
KITS WITH ZERO ENROLL-MENT
(LAST 30 DAYS) (D) |
1 |
J&K Bank |
97 |
25 |
1 |
21 |
554 |
1487 |
2041 |
2 |
SBI |
20 |
7 |
0 |
7 |
298 |
1160 |
1458 |
3 |
PNB |
23 |
3 |
1 |
2 |
13 |
36 |
49 |
4 |
HDFC Bank |
11 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
5 |
ICICI Bank |
1 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
6 |
Canara Bank |
3 |
2 |
0 |
3 |
124 |
544 |
668 |
7 |
Axis Bank |
1 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
8 |
OBC |
1 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
9 |
CBI |
2 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
10 |
PSB |
4 |
1 |
0 |
1 |
0 |
1 |
1 |
11 |
Allahabad Bank |
3 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
12 |
Bandhan Bank |
1 |
1 |
0 |
1 |
18 |
166 |
184 |
13 |
EDB |
11 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
14 |
Syndicate Bank |
4 |
1 |
0 |
0 |
0 |
1 |
1 |
15 |
Bank of Baroda |
1 |
NIL |
NIL |
NIL |
NIL |
NIL |
0 |
16 |
IndusInd Bank |
1 |
1 |
0 |
1 |
56 |
364 |
420 |
TOTAL |
183 |
41 |
2 |
36 |
1,063 |
3759 |
4822 |
ECMP (Enrolment Client Multi-Platform) refers to Aadhaar enrolment software |
Status of Business Correspondents / Bank Mitras in J&K:
- The Business Correspondent Agents/ Bank Mitras are playing a major role in spread of financial literacy by educating the people about banking services and meeting their banking needs. They are mobilizing people for enrollment in three Social Security Schemes, viz. PMJJBY, PMSBY and APY, in far-flung / difficult areas in order to fulfil the National Mission of Financial Inclusion under PMJDY.
- A total of 1,466 Bank Mitras have been deployed by 6 banks operating in J&K for providing basic banking services, mostly in rural areas.
- Bank Mitras engaged by J&K Bank, State Bank of India and Ellaquai Dehati Bank have been equipped with Micro ATMs as well as Aadhaar Enabled Devices for card-based and Biometric transactions while as Bank Mitras of Punjab National Bank and Oriental Bank of Commerce have Aadhaar Enabled Micro ATMs capable for both types of transactions. J&K Grameen Bank has not provided any kind of devices to their Bank Mitras.
Bank wise position as on 30.09.2019 is given below:
Name of the Bank |
JKB |
SBI |
PNB |
JKGB |
EDB |
OBC |
TOTAL |
Bank Mitras (BM) |
Engaged |
954 |
217 |
53 |
211 |
28 |
3 |
1,466 |
Active |
854 |
215 |
45 |
211 |
11 |
3 |
1,339 |
Inactive |
100 |
2 |
8 |
0 |
17 |
0 |
127 |
Micro ATMs with BCs |
Total |
899 |
195 |
40 |
0 |
3 |
3 |
1,140 |
Working |
845 |
174 |
33 |
0 |
3 |
1 |
1,056 |
Non-working |
54 |
21 |
7 |
0 |
0 |
2 |
84 |
AEPS Devices provided |
899 |
0 |
40 |
0 |
28 |
3 |
970 |
|
