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.
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)
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)
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.