State Level Banker's Commitee, Tripura

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State Level Bankers' Committee, Tripura

Home » SLBC Details » Proceedings of 104th SLBC Tripura

SLBC Details

SLBC Schemes

Objectives of SLBC

To review the assistance required and provided by Govt. agencies.
To oversee the implementation of branch expansion programme.
To review the recovery performance.
To consider problems referred by the district level forums and take necessary follow-up action.
To solve operational problems in implementation of Service Area Approach, Credit Plans, Govt. and other agencies programmes etc.

Proceedings of 96th SLBC Tripura

Implementation of Annual Credit Plan: The house noted the progress as under:

2009-10 Amt Rs.in Cr. 2010-11				2010-11 Amt Rs. in Cr.			Variation over last year corresponding period
Sector	Plan	Achv, (Apr-Dec)	% to target	Plan	Achv, (Apr-Dec)	% to target	Amount	%
Agriculture	200.00	89.47	45	271.00	149.20	55	59.73	67
MSE	63.87	24.37	38	190.97	62.38	33	38.01	156
OPS	363.13	239.23	66	460.44	245.36	53	6.13	2.56
Prisec	627.00	353.07	56	922.41	456.94	50	103.87	29.42
Non- Prisec	178.00	213.39	120	299.51	256.02	85	42.63	19.97
Total	805.00	566.46	70	1221.92	712.96	58	146.50	25.86

Regional Imbalance in deployment of credit to various sectors of the economy: The house noted the observations.

CD ratio of Banks in Tripura: Covered earlier

Performance in Key Areas: The house noted the progress under Priority Sector and Sub sectors under Priority Sector

Achievements under Employment Generation Programme: The performance of the banks pertaining to the programme year 2009-10 has been good. But, the performance is yet to pick up during the current year. However, performance under Swabalamban scheme has been found good in the current year also. The house noted the progress. The issue of SGSY has been discussed earlier. Performance under SJSRY scheme needs to improve substantially.

Performance under Mini Dairy and Fisheries Schemes: The Principal Secretary, ARDD informed the house of the adversities they are facing in bringing quality cattle from Assam as these are not available locally. He proposed that as cash disbursements are not permissible for purchase of cattle under bank finance, if a tie up arrangement can be made with a bank branch of Assam from where the disbursement of cash can be made. Shri Bansal suggested to work out a procedure in which end use of the fund could be ensured. The Chief Secretary opined that considering the adversities, the guidelines can be amended and let NABARD work out the modalities for purchase of these animals from Assam / other States. The representative of Fisheries Deptt stated that out of 49 cases sponsored by the Deptt. only 23 cases have been sanctioned of which 20 has been disbursed. The defects found in 25 other proposals may be intimated to them.

Grant of Education and Housing Loans: The house noted the progress. The Commissioner, Rural Development requested the banks to finance for rural housing under Indira Awas Yojna under DRI scheme. The banks opined that proposals can be sponsored to Banks for sanction under DRI scheme if annual income of the family is Rs 18000/= or less in Rural areas and the land holding does not exceed 2.5 acre if unirrigated and 1.00 acre if irrigated. The land ceiling does not apply to SC/ST communities.

SME financing and bottlenecks thereof: The house noted the observations for working out remedial measures. Growth under MSE has been poor.

Steps taken for improving land record and recovery mechanism: The house noted the observations given in the Agenda Note Book. The State has issued about 1.5 lac Patta to the forestland holders who will be provided with KCCs.
Bank wise Sector wise and Government Programme wise Recovery performance as on 31.12.2010: The house noted the position, which has marginally improved from 52% as on Dec 2009 to 53.42% at the end of Dec 2010.There should be more emphasis on Joint Recovery Camps, the house opined. Outcome of Certificate cases are also not encouraging. Shri S L Bansal, ED, UBI pointed out that unlike in many States payment of stamp duty for filing cases under PDR in Tripura is front ended i.e. stamp duty is payable in advance and not refundable even if there is no recovery. It will be better if back-ended procedure is introduced in Tripura also. Recovery in Govt. sponsored scheme is not at all improving rather worsened further in PMRY scheme to a level as low as 4 %. Under PDR Act only Rs 25.66 lac has been recovered in 69 accounts.The amount of NPA has also increased from Rs 154.01 crore to Rs 187.54 core which is a matter of discomfort for us..

Timely submission of data by the banks: In view of finalization of calendar of SLBC meetings for the entire year, the banks are requested to submit Banking Progress data of March 2011 within 15th of April, 2011 so that SLBC meeting is held on the scheduled date (24.5.2012). The directives of RBI in this respect are very clear and available with all banks and also in RBI website. The Agenda Books will be prepared without the data of the defaulting banks that fail to submit data within the cut off date.

Review of Relief Measures and unresolved issues in DCC/DLRC meetings: No such issue came up for discussion

Flow of credit to Agriculture: Most of the area has already been covered. Performance of the banks under Fisheries and Mini Dairy schemes has also been covered. Sufficient number of proposals has not been sanctioned under Mini Dairy and Fisheries Scheme which has to be looked into

Implementation of official language: To be implemented in true spirit, the house resolved.

Other Important Issues:
Waiver of arrear Salary payment to Security Personnel deployed in the Currency Chest Branches As per the request of member Banks the issue of waiver of arrear salary payment to the security personnel deployed in currency chest Branches was placed for discussion in the house once again. The general views of the bankers are

Banks do not earn any commission on currency chest operation except a very meager amount of incentive for providing exchange facilities of soiled / mutilated notes.

State Police Guards are deployed for guarding the treasure held in the currency chest, which is a storehouse of RBI for stocking banknotes.

Bank earns commission on treasury function for which banks have to deploy additional manpower and other expenses.

Shri R K Mohanty, General Manager, UBI informed the house that the banks have already paid the charges for nine months. Most of the currency chests in the State are doing treasury function necessitating engagement of extra manpower. Bearing the entire cost of the Armed Guards engaged in currency chest may not prove cost effective for the banks. Shri Bansal opined that maintaining Currency chest and doing treasury function is a profitable proposition in other States but not in the North Eastern States. The Govt of Meghalaya and Manipur has exempted such cost pertaining to Armed Guards engaged in the Currency Chests. Other banks – SBI and UCO Bank also spoke on the same line. Shri Manoj Kumar, Commissioner & Secretary, Finance Deptt. opined that the issue can be reconsidered by the State Govt. The bankers desired that the issue be reconsidered and payment of salary to the Armed Guards pertaining to the period prior to 01.4.2010 be waived. Further, UBI which has 12 nos. of Currency Chests out of total 19 nos. in the State, made a representation that in view of such large no. of CCs the expenditure towards police personnel is also substantial. Unless there is some reimbursement of the expenses it would be difficult for them to bear the entire expenditure towards Armed Guards. The following major action points emerged in the meeting:

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