A total of 38.58 lakh people of the State are now enrolled under the Pradhan Mantri Suraksha Bima Yojana (PMSBY), 10.79 lakh under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and 1.60 lakh under the Atal Pension Yojana (APY) trough nationalised banks.
This was revealed at the 147th State level Bankers’ Committee (SlBC) meeting held here on Tuesday under chairmanship of UCO Bank GM and committee Convenor Anil Kumar in the presence of Finance Minister Sashi Bhusan Behera, Development Commssioner R Balakrishnan and SlBC Chairman Charan Singh.
While 126.55 lakh savings bank accounts have been opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY), deposits in these accounts stood at Rs 2729.49 crores the percentage of zero balance accounts to total accounts opened was 20.41 per cent by Marc 31, 2017.
Similarly, banks have disbursed Rs 3447.74 crore in 4,88,900 accounts under Pradhan Mantri MUDRA Yojana (PMMY).
It was revealed that the CD ratio of banks put together was 68.96 per cement and the percentage of priority sector advances to total advance was 65.26 per cent against the national parameter of 40 per cent as on March 31, 2017. The share of agriculture credit to total advance was 31.69 per cent against the national parameter of 18 per cent.
The State has now a total of 5,031 bank branches out of which 54.56 per cent are in rural area. The NPA of the State was 11.50 per cent.
Finance Minister Behera expressed concern over the low CD ratio of the State which is below the bench mark level of 60 per cent. He advised bankers to boost financial inclusion and stressed the urgency of opening branches in unbanked gram panchayats. He further appealed to improve lending in agriculture and allied activities and give special focus to MSMEs and other priority sectors.
SlBC Chairman Charan Singh asked all member banks to complete 100 per cent linking of Aadhaar and mobile number in SB accounts by June 31. He stressed upon to give fillip to digital mode of payment and extend credit to improve CD ratio.