THE PONDICHERRY COOPERATIVE CENTRAL LAND DEVELOPMENT BANK Ltd. P. 106

Colas Nagar,Puducherry-1.

Registered on 04-01-1960

Started on 06-05-1960

REGISTERATION

AREA OF OPERATION

Whole Union Territory of Puducherry

OBJECTS

To promote the economic interest of its members and more particularly to arrange for funds to be lent to its members on mortgage of land and other immovable property.

To float debentures and security of its assets and of land mortgages and other assets transferred to it by its members for such period and on such terms and conditions as have been approved by the Trustee.

To receive deposits.

To raise loans from the NABARD and Government.

To issue Jewel loan on pledge of jewels

Major objects are :

The Management shall vest with the Board of Directors consisting of 15 members:

MANAGEMENT

ELECTED MEMBERS - 12Registrar’s Nominee - 1

Agriculture Dept. Nominee - 1Managing Director - 1

Last Election General Body was held on 12-12-2008

From 01.07.2011 the affairs of Bank is managed by the Administrator.

CLASSIFICATION OF MEMBERS

“ A “ Class - Government “ B “ Class - Agriculturists “ C “ Class - Nominal Members

AUTHORISED SHARE CAPITAL The Authorized Share Capital of the Bank shall be Rs.2,000 lakhs as follows:

90,000 “ A “ Class shares of Rs.1,000 each = Rs. 900.00 lakhs2,00,000 “ B “ Class shares of Rs.500 each = Rs. 1,000.00 lakhs2,00,000 “ C “ Class shares of Rs.50 each = Rs. 100.00 lakhs

PROGRESS OF MEMBERSHIP

Details of Subscribed Share Capital and Total Membership for the last five years

07-08 08-09 09-10 10-11 11-12

Class No.s Amt. No.s Amt. No.s Amt. No.s Amt. No.s Amt.

A 1 255.00 1 259.90 1 269.90 1 279.90 1 299.90

B 4721 49.23 4714 48.03 4712 46.16 4708 45.89 4715 45.79

C 9121 12.68 9722 14.71 10299 16.58 10793 18.20 11231 19.23

Total 13843 316.91 14437 322.64 15012 332.64 15502 343.99 15947 364.92

(Amount Rs. in lakhs)

The membership as on 31-03-2012 as follows:

2011-12

Class No.s Amt.

A 1 299.90

B 4715 45.79

C 11231 19.23

(Rs. in lakhs)

Share Capital 2011-12

A Class , 299.90

B Class, 45.79C Class, 19.24

A Class

B Class

C Class

Role of NABARD in the Development of the Bank

The Bank adopted the strategy of preparing Development Action Plan (DAP) as on integral planning exercise since 1994-95.

The DAP has been prepared as per the guideline issued by NABARD.

Fourth Phase of DAP/MoU came to an end by 31.03.2012.

Fifth Phase of DAP/MoU for the period from 2012-13 to 2016-17 is under the consideration of NABARD.

Memorandum of Understanding (MoU) has been entered into by the Government of Puducherry and the Pondicherry Cooperative Central Land Development Bank with NABARD to ensure satisfactory compliance with more important items of the DAP.

Every year the NABARD is conducting Voluntary Inspection in the Bank.

GUARANTEE AND REFINANCE

Based on the Government of India Guarantee, Bank has availed Refinance upto 1996-97 to the extend of Rs.648.15 lakhs and repaid fully.

From 1996-97 to 1999-2000 in anticipation of Guarantee a sum of Rs.329.97 lakhs has been availed as Refinance and the repayment has been made properly and the outstanding balance as on 31.03.2012 was Rs.9.84 lakhs only.

The power of issuing Guarantee vested with the Government of Puducherry from the year 2006.

Government of Puducherry has given Guarantee for availing refinance from NABARD to the extend of Rs.265.00 lakhs for the period from 2009-10 to 2011-12 and the same was expired on 31.03.2012. The Bank has not availed refinance from NABARD based on the guarantee given by the Government due to poor in take of loans.

Bank was able to grant Long Term loan to farmers only to the extend of Rs.3.75 lakhs during the above Guarantee period from its owned funds.

WORKING OF THE BANK(Rs. in lakhs)

Sl.No. Particulars 07-08 08-09 09-10 10-11 11-12

1 Owned Funds 765.24 550.32 526.27 544.80 571.90

2 Share Capital 316.91 322.64 332.64 344.00 364.93

3 Reserves 448.33 227.68 193.63 200.80 206.97

4 Borrowings 454.09 391.25 307.35 548.00 721.00

5 Deposits 764.88 762.33 874.04 871.11 930.77

6 Investments 127.41 168.18 181.44 168.74 181.10

7 Loans & Advances outstanding

1287.65 1117.04 1292.08 1548.16 1760.90

8 Recovery % 74.79 92.99 95.49 96.09 95.85

9 Int. received 200.65 149.36 172.28 203.46 250.87

10 Int. Paid 108.54 120.66 115.12 124.10 155.27

11 Estt. & Contingencies 76.74 108.04 104.46 112.48 117.37

Comparison of Deposits & Borrowings with Loans & advances

0.00

500.00

1000.00

1500.00

2000.00

07-08 08-09 09-10 10-11 11-12

Years

(Rs.

in la

khs)

Deposits & Borrowings

Loans & Advances

07-08 08-09 09-10 10-11 11-12

Deposits & Borrowings

1218.98 1153.58 1181.39 1419.11 1651.77

Loans & Advances

1287.65 1117.04 1292.08 1548.16 1760.90

Kinds of loans issued by the Bank

Schematic Loans

Agriculture and Allied

a) Minor Irrigationb) Tyre Cart & Bullocksc) Mini Dairy d) Farm Mechanisation ( Tractor Trailor, Power Triller)e) Inland Fisheries f) Farm Pondg) Poultry

0.00

50.00

100.00

150.00

200.00

250.00

300.00

07-08 08-09 09-10 10-11 11-12

Issues

Collection

Outstanding

FARM SECTOR Issue, Collection and Outstanding

07-08 08-09 09-10 10-11 11-12

Issues 10.54 4.09 0.93 0.50 1.37

Collection 8.78 230.70 1.63 3.11 1.82

Outstanding 243.55 16.94 16.24 13.63 13.18

Ultimate Borrower lending rate

- Upto 2.00 lahks 11% & Above 2.00 lakhs 12%

Non Farm Sector

a) Cottage and Small Scale Industries

b) Misc. Industries

c) Transport of Vehicles.

NON-FARM SECTORIssue, Collection & Outstanding

0.00

5.00

10.00

15.00

20.00

25.00

30.00

35.00

40.00

45.00

50.00

07-08 08-09 09-10 10-11 11-12

Year

(Rs.

in la

khs)

Issues

Collection

Outstanding

07-08 08-09 09-10 10-11 11-12

Issues 0.00 4.35 0.00 0.95 0.00

Collection 25.56 11.78 20.76 0.62 0.58

Outstanding 46.90 39.47 18.71 19.04 18.46

Ultimate Borrower lending rate - Upto 2.00 lahks 12% & Above 2.00 lakhs 14%

JEWEL LOAN

Jewel LoanIssue, Collection & outstandings

0.00

200.00

400.00

600.00

800.00

1000.00

1200.00

07-08 08-09 09-10 10-11 11-12

Year

(Rs.

in la

khs)

Issues

Collection

Outstanding

07-08 08-09 09-10 10-11 11-12

Issues 488.54 489.48 621.29 759.98 963.15

Collection 449.43 463.30 554.79 662.79 789.34

Outstanding 276.26 302.44 368.93 466.15 639.97

Ultimate Borrower lending rate @ 13.50%

CONSUMER LOAN

Consumer LoanIssue, Collection & Outstanding

0.00

200.00

400.00

600.00

800.00

1000.00

1200.00

07-08 08-09 09-10 10-11 11-12

Years

(Rs.

in la

khs) Issues

Collection

Outstanding

07-08 08-09 09-10 10-11 11-12

Issues 488.54 489.48 621.29 759.98 963.15

Collection 449.43 463.30 554.79 662.79 789.34

Outstanding 276.26 302.44 368.93 466.15 639.97

Ultimate Borrower lending rate @ 15.00% recovered in 60 instalments

RECOVERY During 2011-12, the over all recovery position was 95.85%.

A target of 96% was fixed fro the recovery to demand, during the year 2012-13.

The bank has implemented the “Compromise Package of Interest Waiver Scheme” announced by Government of India and the Government of Puducherry. The financial assistance received by the Bank under the said package is furnished below

(Rs. in lakhs)

Government of India Scheme 279.79Government of Puducherry Scheme 172.12

Total 451.91

The same had an impact on recovery and a number of chronic overdues have been settled.

The demand, collection and balance position of various loans for the past 5 years are given below.

Details of Demand , Collection & Balance

0.00

200.00

400.00

600.00

800.00

1000.00

1200.00

1400.00

1600.00

07-08 08-09 09-10 10-11 11-12

Years

(Rs.

in la

khs)

Demand

Collection

Balance

``

07-08 08-09 09-10 10-11 11-12

Issues 1360.79 1451.61 1227.50 1320.86 1484.29

Collection 1017.78 1349.79 1172.09 1269.27 1422.68

Outstanding 343.01 101.82 55.41 51.59 61.61

% of Recovery 74.79 92.99 95.49 96.09 95.85

SAFETY LOCKER

Bank is extending Safe Deposit Locker facility to the “B” class members

At present 82 lockers in three Safes were let out

Bank mobilized nearly a sum of Rs. 8.00 lakhs as Deposit from the hirers.

A sum of Rs. 0.45 lakhs has been collected as Service charges during 2011-12.

Proposal to purchase one additional Safe consists of 40 lockers has been approved by the Registrar of Cooperative Societies.

THE FINANCIAL RESULT FOR THE LAST 5 YEARS

Sl. No.

Particulars 07-08 08-09 09-10 10-11 11-12

1 Loss / Profit (-)21.78 *(+)201.01 (-) 7.77 (-)14.58 (-)25.03

2 Accumulated Loss

(-)283.12 (-)82.11 (-) 89.88 (-)104.46 (-)129.49

* Profit due to implementation of Waiver Schemes

Categories of Employees

S.No

Particulars Sanctioned Staff Strength

Existing Staffstrength

1 Manager 6 6

2 Asst. Manager 8 7

3 Supervisor 8 5

4 Driver Gr-I 1 1

5 Assistant 4 4

6 Attender 4 4

7 Peon / Watchman 4 4

8 Jewel Appraiser 2 2

9 Daily Rated - 3

Total 37 36

ORGANISATION CHART

BENEFITS TO EMPLOYEES:

The following Benefits are provided to the Employees of the Bank

1. Medical Allowance @ Rs. 300/- per month

2. Tea Allowance @ Rs. 8/- per day

3. Festival Advance @ Rs.5,000/- per employee per annum

4. Term Loan upto Rs.1,00,000/- per employee

General Body Meeting The Annual General Body Meeting was held

lastly on 26-11-2008.

Approved Annual Reports for the year from2003-04 to 2007-08.

AUDIT

The Final Audit upto 2010-11 was completed and Report issued.

The Bank is classified under “C” Class for the Financial year 2010-11.

For the year 2011-12 proposal for the appointment of Auditor has been sent to the Registrar of Cooperative Societies.

BRANCHES

There is only one service Branch functioning at Karaikal. The Accounts are consolidated with the Head Office Accounts

ACHIEVEMENTS AND CREDITS FOR THE YEAR 2011-12

The Bank has awarded for the Best Lending performance in the National Level by the National Cooperative Agricultural and Rural Development Bank’s Federation as detailed:

Sl. No.

Awards Name of the Trophy

1 Best Lending Performance 2001-02

Meloth Narayanan Nambiar Memorial Trophy

2 Best Lending Performance 1999-2000

Meloth Narayanan Nambiar Memorial Trophy

3 Best Recovery 1997-98 Dattatrayulu Memorial Trophy

4 Outstanding Performance 1993-94

Dattatrayulu Memorial Trophy

5 Best Lending Performance 1985-86

Meloth Narayanan Nambiar Memorial Trophy

6 Appreciation Award 1984-85 Dattatrayulu Memorial Trophy

Issues and Challenges

• Our Bank is purely depends on NABARD for refinance to undertake Long Term activities.

• Without refinance the bank may not able to issue Long Term Loans to the farmer.

• It is necessary that the Government of Puducherry has to give Guarantee for availing refinance from NABARD.

• After implementation of Government of India and Government of Puducherry waiver Scheme, the Schematic lending has been stagnated.

• Fast urbanization of union territory of Puducherry is one among the other factors which impacts on the business of the bank.

• To advice break even level, the present business level which is around 2000.00 lakhs has to be increased to above Rs.3000.00 lakhs.

• Since there is instruction from NABARD in mobilizing deposit above its net owned funds, the bank finds it difficult to attain the desired level of business.

• It is necessary that the government of Puducherry has to contribute generally to the equity share of the bank until the owned funds position is stabilized to attain the business level.

• Though the NABARD has stopped the refinance

from 2009-10 the bank has managed its funds from deposits and borrowings from Puducherry State Cooperative Bank at high cost.

PROJECTS IN PIPELINES

• The Bank has proposed to start Recurring Deposit Scheme for the members for which necessary proposal has been submitted to the Registrar of Cooperative Societies.

• For renewal of Government Guarantee for Rs.500.00 lakhs for the period from 2012-13 to 2016-17 has been submitted to the Registrar of Cooperative Societies.

E-Mail ID

pccldb@dataone.in

THANK YOU