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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:

  1. 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)

  • Received
  • Settled
  • Rejected
  • Under Process
  • Amount disbursed
  • (lacs)

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)

  • Received
  • Settled
  • Rejected
  • Under Process
  • Amount disbursed
  • (lacs)

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

 

 


 

   
     
     
     
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Mr. Rajesh Kumar Chhibber
Chairman & MD
Convenor J&K UTLBC
The Jammu & Kashmir Bank Ltd.
Corporate Headquarters
M.A Road, Srinagar,
Jammu and Kashmir, India
Phone: 0194-2481900,
Fax: 0194-2481902

Mr. Sunil Gupta
President,
Lead Bank Department, J&K Govt Banking, Treasury & Subsidiary Management, FID / CSC
Corporate Headquarters
M.A Road Srinagar,
Jammu and Kashmir, India
Telephone/ Fax: 0194-2502642
Ext. No: 1370-1371
Cell No: 9663466604
Email: sunil.gupta@jkbmail.com

UTLBC Secretariat/ Lead Bank Department
J&K UTLBC
Corporate Headquarters
M.A Road Srinagar,
Jammu and Kashmir, India
Telephone/ Fax: 0194-2502639
Ext. No/s: 1139. 1140 and 1141
Email: convenorbank@jkbmail.com

 

 


 
 
 

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