Home » Financial inclusion » Financial Inclusion Details
Financial Inclusion Details

Data - September 2019

Data - June 2019

Data - March 2019

Data - December 2018

Data - September 2018

Data - June 2018

Data - December 2017

Data - September 2017

Data - March 2017

Data - December 2016

    i) Progress in extension of banking facilities in the unbanked villages as per Financial Inclusion Plan:

    The banks operating in West Bengal have already set up banking outlets in 7452 villages out of 7486 villages originally identified largely through BC model and Mobile Van and Brick and mortar branches in some villages. The remaining 34 villages are now non existent because of merger with Municipalities and repeatation of name in the mother list etc.

    With regard to coverage of unbanked 28140 villages with population less than 2000, upto September 2013, 3892 villages have been covered with banking outlets mostly by BC model. Pursuant to the decision taken in the meeting of the Sub-Committee of SLBC(WB) on Financial Inclusion held on 13.02.2013, all member Banks have been requested to identify 5% of allotted villages for opening of Brick & mortar branches in those centers in the next three years and prepare the roadmap accordingly.

    ii) Opening of Brick & Mortar branches in the Unbanked GPs of the State.

    In the Agenda book of 122nd SLBC meeting the summary of district wise & distance wise unbanked GPs allotted to Banks was annexed. By way of opening of B & M branches in these locations over a period of time, more than 60% of 1400 villages that need to be covered as per directive of RBI would be achieved. Banks were requested to submit the action plan /roadmap for opening of B& M branches in these unbanked GPs. SLBC has not received any roadmap from any of the member Banks in this regard. However , United Bank of India has recently opened 50 branches in different districts of the State, out of which 34 branches in the unbanked GPs.

    (iii) Progress in opening of branches in under banked districts.

    The Dept.of Financial Services, Ministry of Finance, Govt.of India in its circular F. No. 21/13/2009-FI(Pt) dated 21.10.2011 on Strategy and Guidelines on Financial Inclusion issued inter alia the following directive.

    • In the under banked districts the Banks in their service area will open a regular brick & Mortar branch in habitations with population of 5000 and above having no bank branch within a redial distance of 5 km.

    In accordance with the above directive, 106 villages of underbanked districts having having population 5000+ population and not having a bank branch within a redial distance of 5 km were identified and allotted among the banks for branch opening.

    The DFS in its circular dated 20.03.2013 revised the direction and clarified that in the under banked districts all villages with 5000+ population should have a bank branch(irrespective of the fact whether another bank branch is located within a redial distance of 5 Small Branches km.) It was also clarified that banks can set up Ultra Small Branches in those villages where regular Brick & Mortar branches are not considered viable. Up to September 2013, the Banks have opened branches in 88 villages of which 21 are B & M branches and 67 are USBs. A progress report is annexed.

    iv) Progress in urban financial inclusion by way of opening accounts of migrant labourers, street vendors / hawkers and Slum Dwellers and facilitate remittance:

    The essential features of Financial Inclusion in Urban / Metro areas have been mentioned in the previous Agenda. In Municipal areas of the State and Kolkata Metro wherever LDMs are posted, they will take the initiative and coordinate the campaign with the active involvement of all the banks. Kolkata Municipal Corporation area on pilot basis. From SLBC,141 Municipal wards have already been allotted to member banks for urban Financial Inclusion.

    vi) Updation of GIS data entry

    GIS data entry has been completed in all the 18 lead districts of the State. The concerned LDMs have been advised to keep updating the entries as and when occasions arise.

    FLC activities:

    As on 30.09.2013 and as per available information from the member banks, 27 No of FLCs are in operation in the State.The banks having lead district responsibility have set up FLCs in all the LDM offices. Due to inadequacy of space in LDM Office Nadia, the FLC has been set up in a premise located 100 meters away from the LDM office. The process was completed by October, 2012 but outdoor activities could not be undertaken in a regular manner. RBI has since permitted the banks to engage retired officers for running such FLCs in the LDM offices. The banks are urged to make the FLCs truely operational with mandatory outdoor activities as it is one of the potent weapons to create financial awareness amongst rural mass. Rural branches are also to organize outdoor financial literacy camps at least once in a month.RBI has prepared a comprehensive Financial Literacy Guide containing guidance note for Trainees, operational guidelines for conduct of financial Literacy Camps and also a Financial Dairy and a set of 16 posters. Soft copies of the materials is available on RBI website in English at the link http://w.w.w. rbi.org.in/financialeducation/financialliteracyguide.aspx and in Hindi in the link http://www.rbi.org.in/hindi/financialeducation/financialguide.aspx.These materials are to be used as standard curriculum during Financial Literacy Camps.The performance of FLCs for the quarter ended September 2013 is annexed.

    Financing the Minority Community and backward classes:

    The under noted twelve districts of the State have been identified asMinority concentrated districts i) Howrah ii) Kolkata iii) Burdwan iv) Nadia v) 24 Parganas (N) vi) 24 Parganas (S) vii) Malda viii) Murshidabad ix) Uttar Dinajpur x) Dakshin Dinajpur xi) Coochbehar and xii) Birbhum.

    Position of outstanding credit to Minorities during last five years in West Bengal

    (Amt in Rs core)

March 2010

March 2011

March 2012

March 2013

Dec 2012

% of increase during 2010-11

% of increase during 2011-12

% of increasduring 2012-13.

% of increase
During 01.04. 2013 to 30.09. 2013

 Outstanding  Priority sec. credit  to Minority Com 8864 10620 12621 15570 16362 19.81 18.84 23.36 5.08
 Total priority  sector credit in  the State 60048 72625 80374 91687 108272 20.94 10.67 14.08 18.09
 % to total Priority  sector credit 14.76 14.62 15.70 16.98 15.11 (-) 0.14 1.08 1.28 (-) 1.87
The present Priority sector Advance to Minority Community at the end of September 2013 has increased by 5.08 % compared to 8.89 %. Growth in the total Prisec Advance. Our objective is to ensure that the Minority communities and backward classes receive a fair and equitable portion of the credit within the overall target of the Priority sector. Formation of SHGs should be popularized amongst the Minorities and other backward classes as well.

Tables showing bank wise disbursement of loans to Minority Communities, Scheduled castes and scheduled Tribes and also other backward classes have been annexed.

The summary position is as under:

Minority Community
(Rs. In Crore)
Sl No.


Disbursement made

Otg. Bal on 30.09.2013

% to Prisec Advance

01.04.2008 - 31.3.2013

01.04.2013 - 30.09.2013.





1  Minority Comm 2083443 19449 129868 1301 16361 16

(Rs in core)
Sl No.


Disbursement made

Otg. Bal on 30.09.2013

% to ANBC

2012 - 13

01.04.13 - 30.09.13






 SC / ST

283477 1769 134565 682 10224 3.89


177368 1606 88140 243 7924 3.01