In the 145th State-level Bankers’ Committee (SlBC) meeting held here on Tuesday, Development Commissioner and Additional Chief Secretary R Balkrishna advised the banks to strengthen the business correspondent mechanism with micro ATMs having interoperable facility in the unbanked gram panchayats.
All banks must ensure that their branches are active and are provided with required cash to meet the cash requirement in this demonetisation situation, said Finance Principal Secretary TK Pandey.
RBI General Manager (Officer-in-Charge) PK Dash requested all banks to implement one-day off line transaction by the business correspondents where data connectivity is a problem.
SlBC Chairman Charan Singh requested the RBI to ensure adequate supply of new Rs500 notes to overcome the present cash crunch crisis. He also urged all stakeholders to continue their efforts in the forthcoming days.
It was ascertained at the meeting that the banks in the State as on September 30, 2016 have total deposits of Rs2,31,253 crore and total advances of Rs1,67,534 crore.
The CD ratio of banks as a whole in the State was 72.45 per cent. The percentage of Priority Sector advances to total advance is 64.42 per cent against the national parameter of 40 per cent.
As on September 30, 2016, 113.59 lakh savings bank deposit accounts have been opened under Pradhan Mantri Jan Dhan Yojana. Total deposit balance in PMJDY accounts was Rs1744.69 crore as on 30.09.2016. Percentage of zero balance account to total no of accounts opened is 23.84 per cent.
As on September 30.2016, 32.40 lakh Pradhan Mantri Surakshya Bima Yojana, 8.83 lakh Pradhan Mantri Jeevan Jyoti Bima Yojana and 1.46 lakh Atal Pension Yojana enrolments have been done by banks in Odisha under Jeevan Surakshya Yojana.
Total number of branches in Odisha increased to 4,959, out of which 54.71 per cent branches are in rural areas. Commercial banks in
Odisha has achieved the major mandatory national parameters.
In all banks in the State, on year to year basis, the deposit increased by 13.27 per cent whereas the advance growth is 16.01per cent. Share of agriculture credit to total advance as on 30.09.2016 is 34.87 per cent against the national parameter of 18 per cent.
UCO Bank General Manager-cum-SlBC Convenor Anil Kumar reiterated proactive role played by the SlBC towards achievements of various parameters by the banks.