The following are some of the highlights of
our performance during the period under review:
Operational statistics:
State
|
Unit
|
June 2008 |
June 2007 |
March
2008 |
|||
|
No.
of Groups |
Loan O/S (Rs. in lacs) |
No.
of Groups |
Loan O/S
(Rs. in lacs) |
No.
of Groups |
Loan O/S
(Rs. in lacs) |
||
|
K’taka |
|
2015 |
1216.39 |
1812 |
916.32 |
2005 |
1213.79 |
|
Bidar |
104 |
45.06 |
0 |
0 |
87 |
33.06 |
|
|
Chamrajnagar |
501 |
282.85 |
538 |
231.97 |
482 |
252.89 |
|
|
Chikkaballapura |
32 |
4.48 |
0 |
0 |
24 |
3.70 |
|
|
Chitradurga |
992 |
465.04 |
896 |
371.16 |
1044 |
499.16 |
|
|
Davangere |
720 |
315.96 |
572 |
173.07 |
713 |
318.61 |
|
|
Gulbarga |
564 |
214.45 |
213 |
49.96 |
536 |
175.46 |
|
|
Ramanagar |
329 |
423.73 |
0 |
0 |
301 |
390.30 |
|
|
Mandya |
311 |
212.11 |
283 |
125.78 |
304 |
213.21 |
|
|
Shimoga |
548 |
342.14 |
454 |
213.25 |
531 |
332.12 |
|
|
|
662 |
513.48 |
801 |
546.34 |
693 |
555.62 |
|
|
Kolar |
93 |
42.42 |
103 |
43.04 |
97 |
46.07 |
|
|
Sub-total |
6871 |
4078.09 |
5672 |
2670.89 |
6194 |
4033.99 |
|
|
T’Nadu |
Dharmapuri |
510 |
392.07 |
511 |
433.96 |
526 |
405.67 |
|
Erode |
423 |
200.32 |
326 |
142.53 |
402 |
201.50 |
|
|
Krishnagiri |
276 |
172.79 |
248 |
190.42 |
284 |
190.35 |
|
|
|
3 |
2.09 |
3 |
0.81 |
3 |
2.45 |
|
|
Sub-total |
1212 |
767.27 |
1088 |
767.62 |
1215 |
799.97 |
|
|
Andhr
Pradesh |
Ananthapur |
92 |
29.15 |
85 |
9.74 |
89 |
31.63 |
|
Kadapa |
9 |
4.63 |
11 |
2.24 |
7 |
3.95 |
|
|
Sub-total |
101 |
33.78 |
95 |
11.98 |
96 |
35.58 |
|
Grand
Total
|
8184 |
4879.16 |
6856 |
3450.59 |
8128 |
4869.54 |
|
Major growth indicators:
1. The
number of outstanding client accounts for the quarter ended stood at 8184 groups as against 6856 groups in the corresponding period
during previous year. An increase of 19.36%.
2. Outstanding
loan portfolio for the quarter ended went up to Rs. 4879.16 lacs as against Rs.3450.59
lacs in the corresponding figure during previous year. An increase of 41.40%.
3. Total
income from all sources went up, averaging Rs.65.41 lacs per month compared to corresponding
figure during the previous year at Rs.41.45
lacs, a growth of 57.80%.
4. Income
from FA operations alone was averaged of Rs.63.78 lacs per month the corresponding figure
during the previous year at Rs.40.49
lacs a growth of 57.52%.
5. Operational
expenditure (before provisioning and depreciation but including cost of
borrowings) averaged Rs.48.36 lacs per month against Rs.32.66
lacs a year ago registering an increase of 48.07 %. This significant increase over the year is due to the fact
that increased borrowings to the tune of Rs.1462.52 lac and hike in interest
rate by the financing banks ranging from 1 to 3%.
6. Total
operational expenditure (after provisioning and depreciation) averaged Rs.49.46
lacs per month.
7.
Groups served by single Credit Officer
are 146 against 137 compared
to the corresponding figure during the previous year.
8.
Per Credit Officer Amount outstanding
is Rs.87.12 lac, compared to corresponding figure during the previous year
at Rs.69.01 lacs.
9.
Average size of loan is Rs.59,000/-,
compared to corresponding quarter previous year Rs.50,000/-.
II PERFORMANCE
V/S BUDGET:
The following is a quick analysis of our
actual performance visa vis budget during the period under report and the
corresponding period during the previous year.
Portfolio
analysis:
(Rs.in lac)
|
|
March 2008 |
June 2008 |
June 2007 |
%age of
Growth over Corresponding period of previous year |
|
|
Actual |
Budget |
Actual |
Actual |
||
|
No.
of Loan a/cs disbursed (Nos.) |
5485 |
1492 |
969 |
1049 |
-7.62 |
|
Loan
value disbursed in values (Rs.in lacs) |
4914.72 |
1232 |
1032.18 |
873.90 |
18.11 |
|
No.
of Loan a/cs outstanding ( Nos.) |
8128 |
8200 |
8184 |
6856 |
19.36 |
|
Outstanding
Loan portfolio in values (Rs. In lacs) |
4869.54 |
4900.00 |
4879.16 |
3450.59 |
41.40 |
|
INCOME AND EXPENDITURE
(Rs.in lacs) comparision with Business Plan |
|||||
|
|
Mar 2008 |
June 2008 |
June 2007 |
% of growth over the corresponding period of last year |
|
|
Actual |
Budget |
Actual |
Actual |
||
|
Income from Loan Operations |
581.44 |
207.42 |
190.92 |
117.91 |
61.92 |
|
Interest Income on bank deposits |
12.42 |
1.85 |
2.92 |
0.56 |
421.43 |
|
Other Income (Penal chq. Bounce & other charges) |
11.54 |
0.12 |
2.41 |
5.90 |
-59.15 |
|
Total Income |
605.40 |
209.39 |
196.25 |
124.37 |
57.80 |
|
Salaries & professional fees |
74.36 |
30.50 |
26.25 |
19.88 |
32.04 |
|
Traveling & Conveyance |
22.22 |
4.35 |
6.40 |
5.11 |
25.24 |
|
Cost of Borrowing |
307.57 |
50.00 |
97.75 |
64.91 |
50.59 |
|
Other operational Exp ** |
36.64 |
20.00 |
9.48 |
6.86 |
38.19 |
|
Total Ops expenditure |
440.79 |
104.85 |
139.88 |
96.76 |
44.56 |
|
Surplus/def (-) before Depn + prov |
164.61 |
104.54 |
56.37 |
27.61 |
104.16 |
|
Depn. and provisioning |
132.89 |
109.89 |
3.30 |
21.86 |
-84.90 |
|
Total Expenditure |
573.68 |
214.74 |
143.18 |
118.62 |
20.70 |
|
Total
surplus /deficit () |
31.72 |
5.35 |
53.07 |
5.75 |
822.95 |
(** Other
operational Expenses are Staff Welfare, Provident fund, Professional fees, Printing
& Stationery… etc).
|
Name of the Bank |
June
2007 |
ROI |
June
2008 |
ROI |
||
|
Limit |
O/S |
Limit |
O/S |
|||
|
Canara Bank |
2000 |
1480.21 |
9.75 |
1500 |
1399.57 |
9.25 |
|
HDFC Bank |
500 |
173.65 |
11.00 |
500 |
Nil |
11.00 |
|
Indian Bank |
200 |
189.66 |
10.00 |
200 |
111.55 |
10.00 |
|
ING Vysya |
500 |
298.37 |
8.75 |
500 |
498.39 |
9.25 |
|
SIDBI |
300 750 |
192.84 400.00 |
8.00 9.25 |
300 750 |
107.13 580.67 |
8.00 9.25 |
|
NABARD |
251 |
52.37 |
7.50 |
251 |
7.00 |
7.50 |
|
NABARD (MFEDF) |
100 |
100.00 |
3.50 |
100 |
100.00 |
3.50 |
|
SBI |
0 |
0 |
0 |
1500 |
1490.30 |
9.50 |
|
Total |
4601 |
2887.10 |
|
5601 |
4294.61 |
|