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Minority - Sachar Committee

INDIAN OVERSEAS BANK, AGRICULTURE AND RURAL INITIATIVES DEPARTMENT

 MINORITY CELL, CENTRAL OFFICE, CHENNAI

Report on follow up action on select parameters recommended by Sachar Committee – As on 31stDecember, 2013

 

Parameters

Status

1.

Branch opening in Minority Concentrated Districts

 

No. of branches existing as on i.e 31.03.2013 in Minority Concentrated Districts

No. of branches existing as at the beginning of the quarter i.e 1.10.2013 in Minority Concentrated Districts

882

916

Branches opened during the period from 1.10.2013 to 31.12.2013 in Minority Concentrated Districts

Total No. of branches as at the end of Q.E. December, 2013 in the Minority Concentrated Districts

13

929

 

2.

 

 

Lending to Minorities under Priority Sector Lending (PSL) (O/s as on 31.12.2013)

Total PSL as on 31.12.2013

( Crore)

Share of Minorities in Total PSL as on 31.12.2013 ( Crore)

Rs.52507.07

Rs.7949.57

 

3.

Monitoring of disposal of loan applications  during the period from 1.04.2013 to 31.12.2013 for minorities

No. of applications Received

No. of applications

accepted

No. of applications Rejected***

No. of applications Pending***

17997

17898

62

37

 

4.

Micro Credit to Minority women as on 31.12.2013 (Cumulative O/s as on 31.12.2013)

Total Micro credit to women

Share of Minority women in total Micro credit to Women

No. of A/c

Amt. ( Crore)

No. of A/c

Amt. ( Crore)

103017

Rs.1148.53

15731

Rs.179.61

 

 

5.

Awareness campaign held during the period from 1.04.2013 to 31.12.2013 in Districts/ Towns/ Blocks having substantial minority population.

Total No. of Districts/ Towns/Blocks covered

No. of Campaigns held during the period from 1.04.2013 to 31.12.2013

22

08

 

 

6.

Awareness campaign held during the period from 1.04.2013 to 31.12.2013 in areas with substantial minority population (in 121 districts)

Total No. of branches identified in Minority identified districts for campaign.

Total No. of branches covered by publicity campaign.

11

09

 

 

 

 

7.

Entrepreneur Development Programmes (EDP) during the period from 1.04.2013 to 31.12.2013

Total No. of EDP organized during 1.4.2013 to 31.12.2013

Total No. of beneficiaries being benefitted during 1.4.2013 to31.12.2013

02

59

Total. No. of beneficiaries being financed by the bank during 1.4.2013 to31.12.2013

Amount financed to the beneficiaries during 1.4.2013 to31.12.2013 (Rs. in lacs)

11

9.50

*** Broad reasons for rejection / pendency - Non viable projects, lack of proper documentation etc. / submission of application at fag end of the quarter, non completion of documents etc.