9911796707
TMI BlogCustomer Outreach Initiative Conducted by Public Sector Banks (PSBS) During October,2019X X X X Extracts X X X X X X X X Extracts X X X X ..... Customer Outreach Initiative Conducted by Public Sector Banks (PSBS) During October,2019 - News and Press Release Dated:- 21-11-2019 - News - Customer Outreach Initiative Conducted by Public Sector Banks (PSBS) During October,2019 Finance Minister s directive to PSBs to reach out to customers and signal their willingness to lend, crystallised in Customer Outreach Initiative by PSB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s during October, 2019 Outreach Camps conducted across 374 districts across the country during October, 2019 Record ₹ 2.53 lakh crore of loans disbursed in a single month Total credit of ₹ 19,627.26 crore given by PSBs to Non Banking Financial Companies (NBFCs) during October,2019 As per the Union Finance Minister s directive to Public Sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tor Banks (PSBs) in September, 2019, Customer Outreach Programmes were conducted by PSBs in participation with other banks and NBFCs in 226 districts (from 01.10.2019 to 09.10.2019) in Phase I and 148 districts (from 21.10.2019 to 25.10.2019) in Phase II . PSBs actively reached out to their customers in these camps and made concerted efforts towards activities such as sanctioning of loan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s as per prudential norms , opening of accounts along with Aadhar and mobile seeding of accounts, and popularizing BHIM app . The drive also simultaneously galvanised similar outreach efforts in individual branches of PSBs i.e. outside the camps. Highlights of the achievements during the initiative are as under: Total Disbursements dur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing the month of October 2019 was ₹ 2,52,589 crore including camps and all branches. An amount of ₹ 1,05,599 crore was disbursed towards New Term Loan . An amount of ₹ 46,800 crore was disbursed towards New Working Capital loan s. Total New Term Loan + New Working Capital (₹ 1,05,599 crore + ₹ 46,800 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... crore) was 60% of total disbursement . Credit to NBFCs during the month of October 2019 was ₹ 19,627.26 crore . The details are as under: 1. PSBs Disbursement Data in Customer Outreach Initiative During 1st Customer Outreach Initiative From 01.10.2019 to 9.10.2019 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... During 2nd Customer Outreach Initiative From 9.10.2019 to 31.10.2019 From 01.10.2019 to 31.10.2019 Amount (Rs. In Crore) 81,695 1,70,893 2,52,589 2. PSBs Disbursement Data in Cus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tomer Outreach Initiative Product-wise Sl. No Product During 1st Customer Outreach Initiative From 01.10.2019 to 9.10.2019 During 2nd Customer Outreach Initiative From 9.10.2019 to 31.10.2019 From 01.10.2019 to 31.10.2019 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Amount (Rs. In Crore) 1 Home Loan 2,688 9,478 12,166 2 Vehicle Loan 1,638 5,447 7,085 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3 Education Loan 152 273 425 4 Other Personal Loans 3,503 11,747 15,250 5 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MSME Loans 13,956 23,254 37,210 6 Agri Loans 11,451 29,053 40,504 7 Corporates ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 46,224 76,561 1,22,785 8 NBFCs 1,175 12,488 13,663 9 NBFCs On-lending 908 2,592 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3,500 Grand Total 81,695 1,70,893 2,52,589 3. Credit to NBFCs in the month of October 2019 Category Disbursed (in Rs. Crores) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... On-Lending / Co-origination 15,297.18 Pool Buyout 1,453.13 PCGS 2,876.95 Total 19,627.26 Source: Banks - News - Press ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
