Disclosing this information at a meeting to review the performance of banking sector during the second quarter of 2012-13 held at Dakshina Kannada Zilla Panchayath in Mangalore on Thursday, Mr. Shenoy said that with a year on year deposit growth of 22.41% and advances growth of 12.89%, banking sector in DK witnessed a business growth of 19.12% achieving a level of Rs.34219.63 crore.
Credit Deposit Ratio of the district has showed a declining trend in the last three years from 54.60 (on 30-9-2010) to 48.83 (30-9-2012), he said. Growth in deposit of rural branches was above 34% surpassing that of branches in urban areas which registered a growth of 20%, he said while suggesting that credit off take needs improvement in the district to achieve sustained CD ratio of at least 60%.
Amarnath Hegde, Lead District Chief Manager, stated that in the implementation of District Credit Plan (credit disbursement), disbursement of Rs. 2385.99 crore has taken place against the second quarter target of Rs. 2450.00 crore. Under farm sector disbursement was Rs. 920 crore against the target of Rs. 978.5 crore (achievement of 94%) and under Micro and Small Enterprises, the disbursement was Rs. 180.12 crore against the target of Rs. 199 crore.
Under schemes like Udyogini (for women beneficiaries), Chaithanya (scheme for backward classes), Swawalambana (for minorities), Tribal Sub Plan (for scheduled tribes), Swarnajayathni Grama Swarozgar Yojana and Swarnajayanthi Shahari Rozgar Yojana and special component scheme for scheduled castes, banks have surpassed half yearly targets, he said.
Banks have disbursed Rs. 114.79 crore to 2088 persons under housing segment and disbursed Rs. 43.80 crore to 2057 students under education loan scheme for the second quarter of 2012-13.
Dr. K N Vijay Prakash, CEO, DK Zilla Panchayath, directed Takat Rao, Project Director, District Urban Development Centre to see to it that there is greater progress in 'Namma Mane' housing scheme which is a flagship programme of the government. There is a need to sensitize bank branches about the scheme, he said.
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