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The combined non-performing assets of banks in Karnataka have increased 41 per cent to 7.86 lakh accounts.
According to State Level Bankers’ Committee-Karnataka data, as on June 2012, there were 7.86 lakh NPA accounts, involving Rs 15,473 crore compared with the same period last year’s 5.54 lakh accounts involving Rs 10,177 crore.
Farm sector
As for the farm sector NPAs, there were 3.31 lakh accounts, with total exposure of Rs 3,757 crore constituting 6.63 per cent of advances to agriculture. Last year, there were 2.13 accounts, involving Rs 2,769 crore constituting 5.88 per cent of advances to agriculture.
As for recovery, banks in the state have recovered Rs 140.97 crore against outstanding balance of Rs 535 crore under SARFAESI Act, Rs 7.63 crore against outstanding balance of Rs 221 crore under DRT and Rs 1.37 crore against outstanding balance of Rs 7.53 crore through Lok Adalat.
As of June 2011, 19,444 cases filed by banks under Revenue Recovery Act (RR Act) were pending before Revenue Authorities involving Rs 105.21 crore. The Banks have filed 781 applications during the current quarter (Q1 of FY2012-13) involving loan amount of Rs 2.53 crore. There are 8,785 cases pending for more than three years for recovery under RR Acts.
Deposits
The aggregate deposits of banks was Rs 403153 crore at the end of June 2012, compared to the level of Rs 354999 crore same period last year, registering an increase of Rs 48154 crore or 13.56 per cent.
Advances
The total outstanding advances of banks was Rs 298958 crore at the end of June 2012, compared to Rs 258105 crore same period last year, registering an increase of Rs 40853 crore or 15.83 per cent.
CD Ratio
The Credit Deposit Ratio as of June 2012 was 74.15 per cent as against 72.71% as of June 2011. The CD ratio was the highest at 102 per cent in rural areas as compared to 71 per cent in semi-urban, 71 per cent in urban and 72 per cent in metro areas.
The outstanding level of total priority sector advances of banks stood at Rs 120654 crore as of June 2012 as against Rs 109550 crore as at June 2011, an increase of Rs 11104 crore or 10.14 per cent.
The total agricultural advances as at June 2012 stood at Rs 56706 crore constituting 18.97 per cent of the total advances of banks, out of which direct advances to agriculture stood at Rs 42277 crore forming 14.14 per cent of total advances as against the bench mark level of 13.5 per cent.
The outstanding advances to weaker sections by banks were Rs 37148 crore constituting 12.43 per cent of the total advances with an increase of Rs 8801 crore over the previous corresponding year.
The outstanding advances to small and marginal farmers was to the tune of Rs 25690 crore covering about 35.99 lakh accounts, constituting 45.30 per cent of the total advances to agriculture.
The outstanding advances to SCs/STs were Rs 8432 crore constituting 2.82 per cent of the total advances.
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