SLBC, Tamil Nadu Has Organized IBA's Capacity

¾ SLBC, Tamil Nadu has organized IBA’s Capacity Building Financial Inclusion for BCs –First phase of the programme “Train the Bank has introduced Smart Card Banking through Business Trainers” programme for all RSETI Directors and FLCCC Correspondent as per the guidelines of Reserve Bank of India Counsellors. Tamil Nadu is the first state in the country to for providing Banking facilities in un-banked villages. Smart Card organize the above training programme. Banking is now being implemented in 56 Regions by engaging ¾ PMJDY Documents have been translated to local 2,601 Business Correspondents. The Bank has so far issued 16,73,126 smart cards and the number of transactions undertaken vernacular language and the same were circulated to in the smart card terminal is 2,47,35,429. It is noteworthy to state member Banks /LDMs etc., that in co ordination with Government of Tamil Nadu, IOB Smart SLBC Initiatives for Financial Inclusion Card Banking has been enabling about 2 lakh old age pensioners to get their monthly pension and about 0.13 lac Sri Lankan Tamil ¾ SLBC identified 12,261 unbanked villages in Tamil Nadu Refugees in 60 camps to obtain their monthly dole. and allotted to various Banks. All the villages have been provided with banking facilities under Financial Inclusion Pradhan Mantri Jan Dhan Yojana (PMJDY): well ahead of the timeline framed by Ministry of Finance. The Bank is implementing PMJDY as per the directives of Govt. There has been more than 100% achievement in this of India. The Scheme was launched by the Prime Minister of India regard. on 15th August 2014. The Bank has opened 30,46,389 BSBD Accounts and issued 29,73,230 RuPay Debit Cards as on 31st ¾ More than 12.56 lakh beneficiaries are being paid March 2015 under this scheme. pension through Smart Cards operated by Business Correspondents in the State under Tamil Nadu Rural Self Employment Training Institutes (RSETIs) Government’s Old Age Pension Scheme. In line with the guidelines issued by Ministry of Rural development, ¾ 1.91 lakh fishermen are paid lean period assistance of Govt of India, the Bank had set up RSETIs at all Lead Districts to provide training to farmers, members of SHGs, beneficiaries ` 4000/- twice a year through electronic Bank credit in under SGSY, Educated unemployed youths, artisans and the State. beneficiaries belonging to weaker sections. In addition to the ¾ Around 8 lakh pregnant women are being paid grant of above, the Bank has set up one RSETI in the Nilgiris District ` 12,000/- every year under Dr. Muthulakshmi Maternity for the benefit of the tribals. During the year under review, the Benefit Scheme through electronic Bank credit in the Bank has conducted 958 training programmes benefiting 24,608 State. persons through these RSETIs. ¾ The wages of more than 36 lakh Mahatma Gandhi Financial Literacy Centre (FLC) viz., SNEHA: National Rural Employment Guarantee Scheme The Bank has spent around ` 25 lacs towards Corporate Social (MGNREGS) workers in the state are being routed Responsibility by imparting Financial Literacy through Financial through Bank accounts. Literacy Centers (SNEHA) established at 22 centres which educate rural and urban people with regard to various financial SLBC Initiatives on Credit Flow products and services available from formal financial sector, Banks in Tamil Nadu have achieved the following as of December provide face to face financial counseling services and offer debt 2014 counseling to indebted individuals. ¾ CD ratio at 121.40% stands higher among the very few Corporate Social Responsibility states which achieved this feat. ¾ IOB-Sampoorna Project – A Total Village Development ¾ 104% under Annual Credit Plan 2014-15. Project IOB Sampoorna is an innovative rural development project aimed ¾ 42.11% under Priority Sector against the national norm at Total Village Development, encompassing several livelihood of 40%. initiatives in the villages to ensure all-inclusive growth of rural ¾ 19.11% of Agricultural Advances against the national population. norm of 18%. With a view to encourage the habit of sanitization in rural areas as ¾ 12.94% of advances to weaker sections against the envisaged under Swachh Bharat mission, the Bank has provided national norm of 10%. a grant support of ` 2 lacs to Trust for Village Self Governance (TVSG) for establishing the modular concrete materials Regional Rural Banks production cum demonstration centre at Kuthambakkam village. Bank has sponsored two Regional Rural Banks viz., Pandyan The materials produced will be utilized to construct toilets for Grama Bank in Tamil Nadu and Odisha Gramya Bank in Odisha. around 1000 households in the village. Pandyan Grama Bank operates in 16 districts of Tamil Nadu with ¾ Sakthi - Indian Overseas Bank Chidambaram Chettyar a branch net work of 270 and staff strength of 1,048. As on March Memorial Trust 31, 2015 the RRB had business mix of ` 7,852 crores, CD ratio The Trust set up jointly by the Management of the Bank, Indian of 105.75%. Odisha Gramya Bank has presence in 13 districts Overseas Bank Officers Association and All India Overseas Bank of Odisha with a net work of 547 branches and staff strength of Employees Union to perpetuate the memory of Bank’s Founder 2,265 members. As on March 31, 2015 the RRB has business mix Shri. M. Ct. M. Chidambaram Chettyar, has continued to provide of ` 11,938 crore with a CD ratio of 56.50%. Entrepreneurial Development Training to women, empower them 29.

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