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Loan Schemes

During the year under review ( 2013-2014 ) there was a conducive climate for the business growth. It has resulted into all round growth in trade and commerce. The C/D Ratio during the year under review ( 2013-2014 ) was 61.82 %.The total loans and advances outstanding are Rs. 542.53 crores . There is an decrease in loans and advances by 1.63 % over the previous year ( 2012-2013 )

Purpose of loans & advances Number of borrowers Outstanding as on 31/3/2014 (Rs. in Crores)
Small Scale Industry 143 32.92
Trade & commerce 4678 195.28
Self-employment 3791 35.74
Transport 361 14.79
Housing 552 11.28
Educational Loans 219 2.17
Agriculture and Agro related loans 41192 59.01
Other 11290 211.34
Total 11290 211.34

 

Bank has fulfilled the norms of RBI in respect of lending to Priority Sectors and lending to Weaker Sectors. Out of the total loans and advances outstanding as at 31st March, 2014 Rs. 542.53 crores, the loans and advances granted to priority sector and out standing as at 31st march, 2014 is Rs. 331.19 crores. Its percentage to total loans and advances works to 61.05% . (The desired level stipulated by RBI is 40 % ) . Out of the above loans outstanding ( 331.19 crores ), loans and advances granted to weaker sectors work out to Rs. 92.48 crores . Its percentage to total priority sector advances works out to 27.92% ( Desired level stipulated by RBI is 25 % ) . Bank has always tried to remain on the forefront in respect of lending to priority sectors.

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