The post-demonetisation steps by the banks operating in Odisha were applauded at the 146th State level Bankers Committee (SlBC) conference held here on Saturday.
It was revealed that the total deposit as on December 31, 2016 in the banks was Rs 2, 49, 017. 23 crore and the total advance was Rs 1, 58, 879.50 crore. The CD ratio of banks as a whole in the State was 63.80 per cent, while the percentage of priority sector advances to total advance is 66.55 per cent against the national parameter of 40 per cent.
Rs 121.01 lakh savings bank deposit accounts were opened under Pradhan Mantri Jan Dhan Yojana (PMJDY) by December 31 last. Total deposit balance in PMJDY accounts was Rs 2,609.95 crore and percentage of zero balance account to total no of accounts opened was 21.34 per cent.
Similarly, 35.09 lakh Pradhan Mantri Surakshya Bima Yojana, 9.64 lakh Pradhan Mantri Jeevan Jyoti Bima Yojana and 1.55 lakh Atal Pension Yojana enrollments were done by banks in Odisha under Jeevan Surakshya Yojana.
During the period from April 1, 2016 to January 16, 2017, MFIs, NBFCs and banks disbursed Rs 4,237.70 crore in 17,34,117 PMMY accounts. Out of which, banks disbursed Rs 1,399.39 crore in 2,13, 240 MUDRA accounts under Pradhan Mantri MUDRA Yojana (PMMY).
Total number of branches in Odisha increased to 4,991, out of which 54.66 per cent branches were in rural area. Commercial banks in Odisha achieved major mandatory national parameters.
For all banks in Odisha, on year-to-year basis, the deposit increased by 19.29 per cent whereas the advance growth is 5.77 per cent. Share of agriculture credit to total advance is 34.87 per cent against the national parameter of 18 per cent.
Banks in Odisha disbursed Rs 9,132.73 crore in 25, 33, 601 Kissan Credit Cards (KCC). Under Annual Credit Plan (ACP) 2016-17, the achievement of banks in priority sector was 47.37 per cent (Rs 2,7, 889.12 crore in absolute terms). The share of MSME advances to total advances as was 23.89 per cent, while NPA was 11.95 per cent.
The meeting was attended by Finance Minister PK Amat, Chief Secretary AP Padhi, Development Commissioner cum Additional Chief Secretary R. Balakrishnan, among others.