State Level Bankers

1
State Level Bankers Committee

• 79th Meeting

Annual Credit Plan performance FY 2009-10
2
Structure of Presentation

• Credit Plan Performance
• Aggregate Analysis FY 2009-10
• Disaggregated Analysis by
• Sectors
• Spaces
• Service providers
• Sponsored schemes

3
JK Economy Basics
4
JK Economy Basic Indicators
Total Population 1.01 crore
Area 1,01,387 sq kms
Density 100 per sq km ( 325 )
Per capita Income Rs 20,190 (Rs 26,000)
Population BPL 3.48 ( 26.10)
Literacy 55.52 ( 64.84)
Unemployment rate 4.21 ( 3.09)
5
Economic Infrastructure
Road Length (Kms/100SqKm) 35.71 (104.64)
Telephones/100 of population 7.76 (13.57)
Post offices/Lakh of Population 15 (14)
Bank offices per 100 SqKm 0.85 (2.18)
Average population per bank office 13000 (16000)
Hospital Beds per lakh 111
Doctors per lakh 48
6
Structural Indicators

• Average land holding 0.66 hectares ( 1.41)
• Cultivators /Total workers 42.40 (
  31.65)
• Agri Labourers/TW 6.56 ( 26.55)
• HH workers 6.25 (4.21)
• Gross Area irrigated 41 (40)

7
Financial Exclusion of JK
8
Basic Facts

• Incidence of financial exclusion higher than the
  National average of 59 accounts per 100 adults
• In JK only 46 people out of 100 have bank
  accounts
• Huge inter-regional variations
• Exclusion is more pronounced in Kupwara district
  at 20 bank accounts per 100 adults
• District Jammu has 77 of urban and 69 of
  rural bankable adult population having bank
  accounts.
• Kargil at 87 has the highest percentage of urban
  adults having bank accounts but the base is very
  small.

9
Inter regional variations

• Bank Branches/Area
• Leh 1 branch per 3000 sq km
• Jammu 1 branch per 15 kms
• Bank branches /Population
• Kupwara 20,000 people per branch
• Leh 1000 people per branch
• CD Ratio
• Kargil 11.41
• Srinagar 81.99
• Per Capita Income
• Srinagar Rs 17896
• Kupwara Rs 9999

10
Credit gap

• JK accounts for 0.70 per cent of national GDP
• Yet, it absorbs only 0.30 per cent of total
  national credit
• Productive sectors of the economy account for
  less than 5 per cent of the credit disbursed in
  JK
• Comparable national average is 30 per cent
• JK accounts for 1 per cent of Indias
  population
• Yet it accounts for only less than 0.2 per cent
  of personal credit disbursed in India

•  

11
Annual Credit Plan Performance
12
Performance Review

• Annual Action Plan for Priority sector Lending
  FY09-10
• Financial Terms
• Target Rs.2301
  Crores (PY 1911)
• Achievement Rs.2667 Crores
  (PY 1938)
• Percentage Achievement 116 ( PY 101 )
• Physical Terms
• Target 1,83,548
• Achievement 1,40,168
• Percentage Achievement 76

13
Aggregative Analysis FY 2009-10

• Total Credit off-take Rs 3866
  crore
• Of which
• Non Priority Rs. 1199 crore
• Priority Rs. 2667
  crore

14
Credit to Priority Sector Off-take

• Total off-take Rs 2667
  crore
• MAR-10 MAR-09
• Agriculture Rs 547 Cr Rs. 392 Cr
• SME Rs 585 Cr Rs. 511 Cr
• Micro Credit Rs 293 Cr Rs. 144Cr
• Retail Trade Rs 429 Cr Rs. 557 Cr
• Education Rs 51 Cr Rs. 52Cr
• Housing Rs 762 Cr Rs. 282 Cr

15
Credit to Priority Sector YoY Growth

• Overall Priority 38
• Agriculture 40
• SME 15
• Micro Credit 103
• Retail Trade -23
• Education 0
• Housing 170

16
Banking ScenarioRs in croress
Branches Deposit Credit Outstanding Credit Disbursement FY10 CD Ratio
JK Bank 426 (34) 23090 (60) 12173 (71) 2677 (69) 53
Other Banks 826 (66) 15150 (40) 4944 (29) 1239 (31) 32
Total 1252 38240 17118 3866 44
17
Credit by Sector Rs in Crores

Sector Targets Ach. age
Agriculture Rs.545 Rs.547 100
S. Enterprises Rs.759 Rs.585 77
Micro credit Rs.350 Rs. 293 84
Retail Trade Rs. 467 Rs 429 92
Education Rs. 68 Rs. 51 75
Housing Rs. 112 Rs 762 678
Total Rs. 2301 Rs. 2667 116

• 
  

18

Credit Composition Intentions Vs Reality

• Achievement

Targets

• 
  

19
Average Ticket Size Intentions Vs Reality
Targets
Actuals
Agriculture Rs.49,000
S. Enterprises Rs.4,12,000
Microcredit 1,70,000
R. Trade Rs.1,79,000
Education Rs.2,31,000
Housing Rs. 3,11,000
Rs 1,05,000
Rs 3,77,000
Rs 2,03,000
Rs. 1,96,000
Rs. 1,79,000
Rs 2,29,000
20
Credit By RegionAbsolutes and Priority Sector
target achievement()

• Rs in Crores

Region Priority Non-Priority Total
Kashmir 1279 [phone]
Jammu 1346 [phone]
Ladakh 42 (76) 25 67
Total 2667 (116) 1199 3866
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Sector-Space Matrix Rs
in crores
Agriculture Small Enterprises Micro credit Retail Trade Education Housing
Kashmir 344 244 65 216 26 384
Jammu 201 329 217 199 25 375
Ladakh 1.00 12.00 11.00 14.00 0.22 3.00
Total 547 585 293 429 51 762
22
Achievement Matrix
Agriculture Small Enterprises Micro credit Retail Trade Education Housing Total
Kashmir 107 90 58 86 91 942 125
Jammu 95 69 95 98 69 562 110
Ladakh 11 90 108 124 7 61 76
Total 100 77 84 92 75 678 116
23
Credit by Institution Rs
in Crores
Institution/s Disbursals (Pri. Sector) Target Achievement Disbursals ( Non Pri. Sector) Total
JK Bank 1862 206 765 2627
SBI 241 79 71 312
PNB 79 41 78 157
Other Comm. Banks 152 42 110 262
Coop. Banks 158 61 73 231
RRBs 175 64 102 277
Other FIs 0.44 10 0 0.44
24
Credit By Institution ()
25
Sponsored Schemes
Credit disbursement through five Major schemes

• Rs In Crores

• Target Achievement

SGSY 56
PMEGP 52
JKSES 64
SJSRY 36
SC/ST 19
Total 55
26
Credit Compositions

• Excluding JK bank there are
• Banks 33
• Branches 826
• Credit Disbursement Rs 1239 Crores
• Per Branch Rs 1.5 Cr per year
• Credit Deposit Ratio 32

27
Credit Scenario
CD Ratio 44.76 Needs improvement
Priority Sector Credit 52.62 Satisfactory
Agriculture Credit 11.59 Poor
Credit to SME 18.00 Satisfactory
Advances to weaker sections 14.63 Satisfactory
Credit under DRI 0.01 Poor
Advances to women 5.42 Benchmark is 5
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Thank You