LOANS AND ADVANCES MSME SECTOR AT TJSB BANK

Submitted By
Mr. Nikesh Rewashankar Rawal

UNDER THE GUIDANCE OF

Prof. Ravindra Raswalkar (Faculty Mentor)
Mr. Ashok Satpute (Branch Manager Industry Mentor)

PROJECT REPORT SUBMITTED IN PARTIAL COMPLETION OF MMS

TO
Durgadevi Saraf Institute of Management Studies

AT

The TJSB Sahakari Bank Ltd., Charkop Branch

Durgadevi Saraf Institute of Management Studies

Malad (West), Mumbai

STUDENTSS DECLARTION

This is to declare that the study presented by me to Durgadevi Saraf Institute of

Management Studies, in partial completion of the MMS under the title LOANS
AND ADVANCES MSME SECTOR had been done under the guidance of Prof.
Ravindra Raswalkar, Mr. Ashok Satpute during May July 2016.

Place:

Signature of the Students

Date:

Nikesh Rewashankar Rawal

MMS 20151073

CERTIFICATION FROM THE FACULTY GUIDE

This is to certify that Mr. Nikesh Rewashankar Rawal has completed the Summer
Internship entitled LOANS AND ADVANCES MSME SECTOR with the The
TJSB Sahakari Bank Ltd. during May July 2016 under my guidance.
To the best of my knowledge the Report submitted by him is original; no part of
the report has been submitted for award of any other degree fellowship or other
similar titles or prizes.

Signature of the Faculty Guide

Acknowledgment

I wish to express my deep sense of gratitude to The TJSB Sahakari Bank Ltd.
and in particular Mr. Ashok Satpute, Branch Manager for the timely guidance,
inspiration and encouragement in the conduct for my Summer Internship Project
work.
I take this opportunity to thanks Prof. Ravindra Raswalkar for her able guidance
and valuable suggestions, which helped me in completing the project work, in
time.
I take immense pleasure in thanking Dr. C. Babu, Director, Durgadevi Saraf
Institute of Management Studies, for having permitted me to carry out this project.

Nikesh Rewashankar Rawal

EXECUTIVE SUMMARY

WHY A PARTICULAR IS SELECTED & WHETHER IT WAS COVERED

SO FAR IN THE COLLEGE SYLLABNUS.

Loans and advances in MSME sector have been selected for project report.
After discussing about various topic with Industry Mentor and with Faculty Mentor this topic has
been selected because scope and importance of this is more and its growing sector in India.
Getting more knowledge regarding of MSME and bank both at the same time.
Yes, this topic is covered under college syllabus under guidance of Prof. Raswalkar. Many inputs
is given by professor regarding banking structure and its important to an economy which can be
used in project report.
Other information has been provided by Faculty Mentor regarding MSME sector and report and
speeches.

OBJECTIVE & SCOPE OF THE SUBJECT & ITS IMPORATANCE TO

THE ECONOMY.

Objective of SME Loan Policy

The SME loan policy has been framed keeping in mind the following objectives:

To improve credit flow to SME sector.

To formulate norms to SME sector to ensure that the adequate and timely credit is
available to the sector.
The SME Loan policy also provides guidelines to the branches offering credit to the SME
sector and to formulate norms of lending to the SME sector.
To devise an organizational structure to handle SME credit portfolio in a focused manner.

Scope of SME Loan policy

The policy covers the following:

Composition of the SME sector

Guidelines on lending to the SME sector
SME loan factory model
Policy on credit rating and pricing
Reporting and monitoring system

Importance of MSME sector in India

The development of the micro, small and medium enterprises (SME) sector is on the priority of
Government Agenda. As per the Results-Framework Document (RFD) for Ministry of Micro,
Small and Medium Enterprises (2012-2013), the Mission of the government is to Promote
growth and development of globally competitive Micro, small and Medium Enterprises,
including Khadi, Village and Coir industries, in cooperation with concerned Ministries /
Departments, State Governments and other stakeholders by providing support to existing
enterprises and encouraging creation of new enterprises. To endeavor to achieve a cumulative
growth of 40%-50% in the number of registered enterprises by the end of 12th Plan and enhance
this sector's contribution to GDP from the present 8% to 10% by the end of 12th Plan.
The role of micro, small and medium enterprises (MSMEs) in the economic and social
development of the country is well established. As per the Report of the Working Group on
Micro, Small and Medium Enterprises (MSMEs) Growth for 12th Five Year Plan (2012-2017),
the sector accounts 45% of the manufacturing output and 40% of total exports of the country.
The sector provides employment to about 69 million persons through 26 million enterprises
throughout the country. Over 6000 products ranging from traditional to high-tech items are being
manufactured by the MSMEs in the country. The labour to capital ratio in MSMEs and the
overall growth in the sector is much higher than in the large industries. The geographic
distribution of the MSMEs is also more even. Thus, MSMEs are important for the national
objectives of growth with equity and inclusion.
Over the years, the small scale sector in India has progressed from the production of simple
consumer goods to the manufacture of many sophisticated and precision products like electronics
control systems, micro wave components, electro medical equipments, etc. The process of
economic liberalization and market reforms has further exposed these enterprises to increasing
levels of domestic and global competition.
The MSME sector in India is highly heterogeneous in terms of the size of the enterprises, variety
of products and services produced and the levels of technology employed. While one end of the
MSME spectrum contains highly innovative and high growth enterprises, more than 94% of
MSMEs are unregistered, with a large number established in the informal or unorganized sector.
The sector has a high growth potential and performs a critical role in the manufacturing and
value chains. Micro, small and medium enterprises (MSME) sector is characterized by low
investment requirement, operational flexibility and location wise mobility.
As per the quick estimates of 4th All-India Census of MSMEs, the number of enterprises is
estimated to be about 26 million and these provide employment to an estimated 60 million
persons. Of the 26 million MSMEs, only 1.5 million are in the registered segment while the
remaining 24.5 million (94%) are in the unregistered segment.

The State-wise distribution of MSMEs show that more than 55% of these enterprises are in 6
States, namely, Uttar Pradesh, Maharashtra, Tamil Nadu, West Bengal, Andhra Pradesh and
Karnataka. Further, about 7% of MSMEs are owned by women and more than 94% of the
MSMEs are proprietorships or partnerships.
MSMEs in the country manufacture over 6,000 products. Some of the major subsectors in terms
of manufacturing output are food products (18.97%), textiles and readymade garments (14.05%),
basic metal (8.81%), chemical and chemical products (7.55%), metal products (7.52%),
machinery and equipments (6.35%), transport equipments (4.5%), rubber and plastic products
(3.9%), furniture (2.62%), paper and paper products (2.03%) and leather and leather products
(1.98%).
The importance and contribution of the SME sector to the economic growth and prosperity is
well established. Towards this, Government's policy initiatives like enactment of the Micro Small
and Medium Enterprises Development (MSMED) Act, 2006, pruning of reserved SSI list,
advising Financial Institutions to increase their flow of credit to the SME sector, are all
initiatives towards boosting entrepreneurship, investment and growth. Reservation of items for
exclusive manufacture in MSME sector statutorily provided for in the Industries (Development
and Regulation) Act, 1951, has been one of the important policy measures for promoting this
sector.

INDIAN BANKING STRUCTURE

Indian Banking Industry

Scheduled Bank

Unscheduled Bank

Scheduled Commercial Bank

Scheduled Co-operative Banks

Public Sector Bank

Private Sector Bank
Foreign Bank

Rural Co-operative

Urban Co-operative

Banks

Banks

Regional Rural Bank

Other Schedule Commercial
Banks

Short Term Long Term

Single
Multi State

About the Bank Details

1) Name of the Bank: The TJSB Sahakari Bank Ltd.
2) Address of the Head Office: TJSB House, Plot No. 5B, Road No. 2, Wagle Industrial
Estate, Thane (W) 400604
3) No. of Branches: 116
4) Deposits: 8122.05 crores
5) Advances: 4756.8 crores
6) Profits: 100.34 crores
From total advances i.e. Rs. 4756.8 crores, bank had provided Rs. 1785.61 crores to priority
sector and in that Rs. 1139.36 crores has been provided to MSME sector. From total advances
23.95% is given to MSME sector as advances.

About the Branch Detail

1) Name of the Branch: The TJSB Sahakari Bank Ltd. Charkop Branch
2) Address of the Branch: Plot No. 135, Mitasu Co-op. housing society ltd., Sector No. 6,
Charkop, Kandivali West, Mumbai - 400067
3) Deposits: 42.30 crores
4) Advances: 7.70 crores
5) Profits: 0.077 crores

ABOUT THE ORANIZATION

With the modest beginning in 1972 in the co-operative field, the dynamism infused by the Board
of Directors, unflinching loyalties of clientele and devotion of staff has propelled the sound
foundation of the The TJSB Sahakari Bank Ltd. (TJSB) and has emerged as one of the lending
multi state scheduled co-operative Bank in the country.
TJSB presently is catering to the needs of society through a close network of 116 Branches
spread all over the city of Thane, Mumbai, Navi Mumbai, Nasik, Pune, Satara, Aurangabad,
Kolhapur, Nagpur, Latur, Gujarat, Goa & Kanrnataka. All these Branches have made remarkable
progress on all fronts in the all these years.
TJSB believes that customer delight is the ultimate goal and has a strong belief that Customers
& all stakeholders wholehearted support, absolute faith and their patronage has largely been
responsible for its enviable growth. TJSB is committed to provide banking with speed, comfort
and convenience..

TJSB feels proud to acknowledge the growth of large number of successful industrialists, traders
and professionals who have grown leaps & bound due to timely assistance and support of the
Bank.
TJSB has set before a Visionary Growth Plan focusing all business strategies solely on creation
of Stakeholders value.
Technology Initiatives:
TJSB, a Techno-savvy Bank has implemented successfully the Core Banking Solution (CBS).
This has helped the Bank to migrate the Branches from being the processing centers to marketing
customer centric outfits. It will also extend the Banks reach to its customers by multiple delivery
channels such as ATM, Internet, Mobile etc. This has brought the Bank on par with the leading
Banks. Banks has network of 126 ATMs across Thane, Mumbai, Navi Mumbai, Nasik, Pune,
Satara, Aurangabad, Kolhapur, Nagpur, Latur, Gujarat, Goa & Kanrnataka & 2 offsite ATMs.
TJSB is the first Bank in Co-operative sector to install Cheque Depository Machines at branches
which are operational 24X7.
TJSB has put in place Real Time Gross Settlement System (RTGS) transactions. With Core
Banking Solution in place the Bank is Providing RTGS facility to all its customers.
TJSB has initiated process for strategic alliance with other Banks for the usage of their delivery
channels by which nearly 89000 ATMs will be available to Bank s customers across the country.
TJSB is first Bank In the country to introduce Automated Cheque Issuance Machine which
enable Customers to take Personalised Cheque Book 24 X 7.
TJSB has enabled Transactional feature in Internet Banking.
Business Process Re-engineering:
With the successful implementation of Core Banking Solution TJSB has initiated Business
Process

Re-engineering by establishing:

Specialized Credit Cell

Specialized Retail Banking Cell
Centralized Monitoring Cell
Centralized Back office Processing Cell
E-lobby

Bancassurance:
TJSB (License No. 1126801) is Corporate Agent for Max New York Life Insurance Co. Ltd. For
Life Insurance products and with The Oriental Insurance Co. Ltd. For General Insurance. TJSBs
bancassurance is recognized as one of the most successful bancassurance in the country.
Insurance is the subject matter of solicitation
Special Mention:
One of the very few co-operative banks to get AD1 license to deal in Foreign exchange
The Indian Bank Association (IBA) have accolade TJSB with TECHNOLOGY BANK OF
THE YEAR award in the Co-operative Banks category for FY 2009
TJSB has been awarded 1 st Prize for the Best Co-Operative Bank in Maharashtra by
Maharashtra State Urban Banks Federation Ltd.
for the F.Y.2004-2005.
TJSB has been awarded 1st Prize as Padmabhushan Vasantdada Patil Utkarsha Nagri
Sahakari Bank for the F.Y.2003-2004 from Kokan Region for the second time consecutively.
TJSB was recognized amongst top 5 Co-Operative banks in the country, during centenary
celebration of Co-Operative movement by Kalupur Commercial Co-Operative Bank Ltd.

METHODOLOGY

Interaction with Industry Mentor.

Using information what is taught in the class.

Guidance from Faculty Mentor.

Collecting information from branches.

Collecting information from Bank Site.

Other information from branch staff.

DATA

Meaning of Micro, small and medium enterprises

Micro, small and medium enterprises as per MSMED Act, 2006 are defined based on their
investment in plant and machinery (for manufacturing enterprise) and on equipment for
enterprises providing or rendering services. The present ceilings on investment for enterprises to
be classified as micro, small and medium enterprises are as follows:
Classification

Manufacturing Enterprises

Services Enterprises

(Investment limit in Plant &

(Investment limit in Plant &

Machinery)
Rs. 25 lakhs
Rs. 5 crores
Rs. 10 crores

Machinery)
Rs. 10 lakhs
Rs. 2 crores
Rs. 5 crores

Micro
Small
Medium

The term village industries has been redefined in amended KVIC Act,1956 as any industry
located in a rural area which produces any goods or renders any services with or without the use
of power and in which the fixed capital investment per head of artisan or worker does not exceed
Rs. One lakh (Rs. One lakh and fifty thousand in case of village industry located in a hilly area)
or such other sum as may, by notification in the Official Gazette, be specified from time to time
by the Central Government.
Categories under priority sector
A) Agriculture
B) Micro & Small Enterprises
C) Education Loan
D) Housing Loan
E) Others

Target / Sub target for priority sector

Target under priority sector lending would be linked to Adjusted Net Bank Credit (ANBC) or
Credit Equivalent amount of Off Balance Sheet Exposure (OBE) whichever is higher.
ANBC= Total loans and advances bill discounted with RBI & other approved Financial
Institutions + Investment made after Aug 30, 2007 in NON SLR bonds under HTM
category

Target and sub target set under priority sector lending for UCBs are furnished below. Stipulation
regarding priority sector is not applicable to Salary Earner Bank.
Total Priority Sector
40% of ANBC or Credit Equivalent amount of Off balance Sheet Exposure
whichever is higher
Micro, Small & Medium Enterprises (MSME)
1. Advances to MSME sector will be reckoned in computing achievement under
the overall priority sector target of 40% of ANBC or Credit Equivalent
amount of Off balance sheet exposure whichever is higher.
2. 40% of total advances to MSME should go to Micro (manufacturing)
Enterprises having investment in Plant & Machinery upto Rs. 10 lakhs and
Micro (Services) Enterprises having investment in equipment up to Rs. 4
lakhs.
3. 20% of total advances to MSME sector should go to Micro (manufacturing )
Enterprises having investment in Plant & Machinery above Rs. 10 lacs up to
25 lakhs and Micro (services) Enterprises having investment in equipment
above Rs. 4 lakhs up to 10 lakhs.
4. The target for Micro Enterprises within the MSME segment will be computed
with references to the understanding credit to MSME as on preceding March
31st.

Finance to MSME

Direct Finance
Manufacturing Enterprises Loans to MSME engaged in manufacturing
or production of goods under MSMED Act 2006 are eligible for

classification under priority sector as direct finance to MSMEs.

Loans for Food and agro processing It will be classified under MSMEs
provided the units satisfy investment criteria prescribed for MSMEs as

provided in MSMED Act, 2006.

Services Enterprises Bank Loans up to 2 crores per units to MSMEs
engaged in providing or rendering of services and defined in term of
investment in equipment under MSMED Act, 2006.

Export credit to MSMEs units (both manufacturing and services) for

exporting of goods / services produced by them.

Khadi and Village Industries Sector (KVI).
Indirect Finance
Loans to person involved in assisting the decentralized sector in the supply
of inputs to and marketing of outputs of artisans, village and cottage

industries.
Loans to producers in the decentralized sector viz artisans, village and
cottage industries

A Check List (Credit Proposal)

1. Loan Application
a. Loan application form duly filled in and signed by the borrower and guarantors
b. Request letter of the applicant/ Board resolution for application of credit facilities
c.
d.
e.
f.

against the security offered as collateral/ prime by the company.

ROC Search in case of new companies.
Credit Rating as per our circular if the exposure is beyond Rs. 3crores
KYC compliance
Ensuring submission of Authenticated copies by the applicant

g. Latest visit details along with the visit report

h. In case of change in constitution date of the change in constitution
2. Papers/ information about the applicant
a. Address:
i. Registered Office:
ii. Administrative Office:
iii. Manufacturing Unit:
b. Brief profile/ Bio data of the proprietor/partners/directors, number of years of
experience
c. Copy of the Memorandum and Articles of Association in case of the company
being a new applicant
d. Copy of the Registered Partnership deed in case of the firm being a new applicant
e. Copy of the Dissolution/ retirement deed wherever applicable
f. Copies of various registrations including that of SSI, Import Export registration if
applicable
g. Shareholding pattern in case of Pvt. Ltd./ Public Limited Companies
h. Latest copy of the Annual return filed with ROC
i. Copy of Form no. 32 for appointment / resignation of director where ever
applicable
j. Brief about main activity / name/s of the main customers/ brief about the products
/ production process, list of competitors
k. Latest drawing power statement
3. Details of present banking of the applicant
a. Statement of accounts with respect to each type of facility/ Current account with
other banks at least for last six month
b. Latest position of account from the consortium/ other banker if the applicant is
availing facility under multiple banking/ consortium
c. Sanction letters of other banks from where the applicant is availing facilities along
with the latest facility wise position of account with security details, ROI
outstanding balance as on latest date if any
d. In case applicant is enjoying credit facilities with other bank, reasons for
switching over to our Bank
4. Details of associate concern
a. Brief about the associate concern if any along with their audited financials/ brief
about their products/ activity/ names of the directors/ partners/ date of
establishment and their banking arrangements
b. Details of the associate concern in following format
1
2

Name of Unit
Constitution

3
4
5
6

Location of Factory
Location of Head office
Name of Directors/ Partner
Nature of association with the applicant

7
8
9
10
A
B
C
D
E
F
G
H
11

Units
Date of Establishment
Nature of Activity
IRAC
Financial Position as on 31.03.10
(Amount in Rs. Lacs)
Sales/Income
Profit (After tax)
Tangible Net Worth
Deferred Liabilities (Debt)
Total Liabilities
Block Assets (Net)
Current Ratio
Debt Equity (TOL/TNW)
Detail of borrowing arrangements with

Banks and Financial institutions

Name of the banker and Detail of

B
C

Credit Facilities
Conduct of account
When last renewed (if with our Bank)

5. Financials
a. Latest IT Return copies and Net Worth / Assets Liability statements of Applicant
and guarantors as on the latest date
b. Copies of the last three year Audited Balance Sheet, Profit & Loss Account,
Statement of Computation of income and IT return copies along with the Audited
report
c. Justification for the decrease / sudden increase in the sales
d. Provisional Profit and Loss account and Balance Sheet for current FY/ projection
for next years in case of application for new term loan in CMA format
e. Latest CA certified declaration for statutory dues paid
f. Sales achieved during the current year and estimation for the next year with
bifurcation of Local and Export sales if any
g. Copies of latest orders in hand and details w.r.t orders under negotiations/
expected

h. In case of reconstitution, financials viz. Profit and Loss Account and Balance
Sheet as on that date

6. Project Details
a. Details as to present manufacturing setup including infrastructure facilities such
as shed, power, Transport, Skilled/unskilled labour, arrangement for compliance
of environmental norms.
b. In case of requirement of new Term Loan
i. Total project Cost and Means of Finance
ii. Comments on production factors such as utilities, Manpower, raw material including
sources of raw material, marketing
iii. Project implementation schedule
c. In case of new/ expansion of existing activities, complete detail about project to
be provided including existing and proposed installed capacity and capacity
utilized
7. Detail of Collateral
a. Detail of collateral securities in the following format
Description of the Ownership details
property/ security
Location/ area in

Employed / free

Approx.
market value

sq. ft.
b. Copies of property papers stipulated as security for the advances to be taken on
record and Title Report from panel advocated to be obtained during the procedure
of credit appraisal
c. Latest valuation details of the property/ machinery from our panel valuer if any
done along with the copies thereof wherever applicable. Existing valuation report/
Market Value may be provided.
8. Others
a. Detail w.r.t noting of charges with RTO wherever necessary
b. Details w.r.t compliance of the Terms and conditions, pending conditions if any
and actions plans for compliance of the said terms and conditions [Existing
Clients]

c. Insurance details and copies of the renewed insurance policies

d. Security position along with the position of the overdues if any in various
accounts on the latest date and plans for clearance of overdues.

PROCESS OF LOAN SANCTIONING

Branch

Loan Application along with information on proposal submitted to Mumbai

or Navi Mumbai region (Specialized Credit Cell ) for processing

Scrutiny & Letter regarding requirement of documents to proceeds the

proposal

Compliance from Applicants

Analysis & Justification of present request

Proposal put up as per delegation of power Sanctioning Authority

Approval of loans / proposal by Sanctioning Committee

Sanction Letter issued by Mumbai or Navi Mumbai region

(Specialized Credit Cell )

Compliance of the Term & Condition and disbarment of Loans

Facilities offered by TJSB Sahakari Bank to MSME Sector

COMMERCIAL LOANS AT TJSB
FUNDED CREDIT

NON FUNDED CREDIT

SPECIAL SCHEMES

FACILITIES
Cash Credit Limit/Overdraft

FACILITIES
Letter of Credit

TJSB Trade Ease Loan

Limit
Bill Discounting
LC Bill Discounting
Pre Shipment Finance

Bank Guarantee
Buyers Credit

TJSB FLEET Term Loan

TJSB SME Loan
Pradhan Mantri Mudra yojana
(PMMY)

Post Shipment Finance

CC Pledge Facility Against
WHR
Term Loan
Liquid Rent Discounting
Scheme

SPECIAL SCHEME TJSB

TJSB Trade Ease Loan

Type of loan: Term loan / Overdraft / Cash Credit
Purpose: Working Capital or acquisition of property
Loan Amount : Min. 5 lacs
Max. 200 lacs
Repayment: 1. For term loan 60 months (Max)
2. For cash credit / overdraft 12 months (renewable after every year)
Rate of Interest: Linked with banks PLR as per credit rating
ELIGIBILITY
1. Who can borrow : Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd
Companies
2. Business units should have been established in the line of business for a minimum period of
2 years & making profit for last 2 years and submission of IT returns for 2 years.
3. Security : Hypothecation of Stock & Book Debts and mortgage of immovable property.
TJSB FLEET Term loan
Type of laon: Term loan
Purpose: Purchase of commercial vehicles
Loan Amount: Max amount of 100 lacs
Repayment: 60 months (max)
Rate of Interest: Linked with PLR as per banks credit rating

ELIGIBILITY
1. Who can borrow: Individuals, Proprietorship, Partnership, Pvt. Ltd. & Public Ltd.
Companies
2. Business units operating in transport business (passenger/goods) for minimum 2 years
3. Security: Hypothecation of Vehicles to be purchased

TJSB SME Loan

Type of loan: 1. Fund based: cash credit / term loan

2. Non Fund based : BGs / LCs
3. Forex: FLC / packaging credit / post shipment remittances etc.
Loan Amount : As per bank exposure norms
Repayment : 1. For term loan : 84 months (max)
2. For cash credit : 12 months (renewable after every year)
Rate of Interest: Linked with PLR as per banks credit rating
ELIGIBILITY
1. Who can borrow: Proprietorship , Partnership , Pvt. Ltd. & Public Ltd. Companies
2. Existing & new Industrial Units
3. Security: Stock Receivables / immovable properties / movable machinery &
equipments etc.

Loan Scheme under Pradhan Mantri Mudra Yojana (PMMY)

Micro Units Development & Refinance Agency Ltd. (MUDRA) is a new institution being set up
Government of India for development and refinancing activities relating micro units.The purpose
of MUDRA is to provide funding to the Non corporate Small Business Sector. MUDRAs basic
purpose is to fund the unfund by bring such units in formal financial system and extending
affordable credit to them.
Eligible sector/activities are as follow:
1. Land transport sector Purchase of transport vehicles for goods personal transport such
as auto rickshaw, small goods transport vehicles, 3 wheelers, e-rickshaw, passenger cars,
taxis etc.
2. Food products sector For activities such as papad making, achar making, jam/jelly
making, agriculture produce and preservation at rural level, sweet shop, small services
food stalls and day to day catering/canteen services, cold chain vehicles, cold storages,
ice making units, ice cream making units, biscuits, bread and bun making etc.
3. Community, social and personal services Activities such as saloons, beauty parlours,
gymnasium, boutiques, tailoring shops, dry cleaning, cycle and motorcycle repair shop,
DTP and photo copying facilitates, medicines shops, courier agents etc.
4. Textile product sector/activity Activities such as handloom, powerloon, chikan work,
zari and zardozi work, traditional embroidery and hand work, traditional embroidery,
traditional dyeing and printing, apparel design, knitting, cotton ginning, computerized
embroidery, stitching and other textile non garment products such as bags, vehicle
accessories, furnishing accessories etc.
In future, scheme would similarly be added for other sectors/activities as well.
The segment of such units mainly consists of non farm enterprises in manufacturing, trading and
services whose credits needs are below Rs. 10 lacs. Loans to be given to this segment for income
generation will be known as MUDRA loans under Pradhan Mantri Mudra Yojana (PMMY).

Types of Loans under MUDRA:

Sr No.

Category

Loan Amount

1
2
3

Shishu
Kishore
Tarun

Loans up to Rs. 50,000

Loans above Rs. 50,000 to Rs. 5,00,000
Loans above Rs. 5,00,000 to Rs. 10,00,000

In view of above, we are introducing a loan scheme under PMMY. The detail are listed below:
Name of the Scheme
Types of facility

Pradhan Mantri Mudra Yojana

1. Cash Credit for working capital
requirement.
2. Term loan for purchase of equipment

Purpose
Eligibility

\Machinery\Furniture\Property.
Business Purpose
1. Individual
2. Other Proprietory concerns, Partnership
Firm, Pvt. Ltd., Ltd Cos., LLP, SHG, AOP,

Income Eligibility

BOI.
1. In case of Existing set up: Income sufficient
to take care of EMIs of applicants through
cash accruals.
2. In case of New set up: On projection basis

Age

acceptable to Bank.
Maximum up to 60 years. Deviation in age or
with co applicant acceptable to bank on case

Loan Limit:

to case basis.
Sr
Category

Loan Amount

No.
1
2

Shishu
Kishore

Loan up to Rs. 50,000

Loan above Rs. 50,000

Tarun

to Rs. 5,00,000
Loans above Rs.
5,00,000 to Rs.

Rate of Interest
Prime Security

10,00,000
10.22% p.a.
Mortgage of property/ Hypothecation of
Machinery/stocks/Book debts etc.

Collateral Security

Clean limit should not exceeds Rs. 5,00,000

To explore the possibility

Review/Renewal

For Cash Credit facility, annual

Repayment period
Guarantors
Margin
Processing fees
Legal Charges / Membership
Credit Assessment
Sanctioning Authority
Conduct of Account

review/renewal is necessary
Maximum 5 years including moratorium
Minimum One acceptable guarantor
Minimum 30%
0.25% + services tax
As per prevailing norms
As per prevailing norms
Regional Head
Satisfactory CIBIL report with prevailing

Stamp Duty for Documentation

Submission of stock statements

norms
Expenses to be borne by the applicant
For Clean Cash Credit Limit up to Rs. 5 lacs
Not applicable
For Cash Credit limit above Rs. 5 lacs
Monthly basis as per regular format
As per prevailing norms
Insurance of underlying assets with Bank

Registration of Banks Charges

Insurance of Assets

Clause till existence of the loan amount

preferably through Bank

CASE STUDY
NAME OF APPLICANT : M/s XYZ
Branch :
Membership no:
A. PRESENT PROPOSAL :
To sanction renewal of Cash Credit Limit of Rs. 7 lacs against Stock & Book Debt @ 15.75%
p.a. (at par with PLR) with 40% margin for a period of one year.
B. PURPOSE OF FACILITIES SOUGHT: Working capital requirement
C. BRIEF BACKGROUND:
1. CONSTITUION : Proprietorship
2. ASSET CLASSIFICATION : Standard
3. ADDRESS
3.1 OFFICE (Leased) :

3.2 OFFICE (Leased) :

4. DATE OF ESTABLISHMENT: 2002

5. BANKING SINCE : 2012
6. CATERGORY: Non priority
7. ACTIVITY :
(a) Main Activity : Civil Consultancy & Contracting of residential Co-op. Hsg. Societies
, Industrial/Commercial Premises
(b) Main Products / Services offered : Various residential Co-op. Hsg. Societies , Builder
of Industrial/ Commercial Premises
(c) Industry : Construction

8. NAME OF PROPRIETOR & HIS NET WORTH:

(FY 2014-15)
NAME

AGE

Mr. X

48

ANNUAL
INCOME
8.04

(Rs. in lacs)

NET
WORTH
21.08

MEMBRSHIP
NUMBER

764

9. POSITION OF ACCOUNT:
9.1 POSITION OF ACCOUNT OF THE FIRM:
(As on 01.03.2016)
Facility

Limit

O/S

O/D

ROI

Cash Credit Limit

7.00

6.98

-----

15.75%

TOTAL
DETAIL OF
COLLATERAL

7.00
6.98 ---FDR (CF/59/2) [Accrued Value]
FDR (CF/59/3) [Accrued Value]

CIBIL

Primary Security
Type
Value
Stock +
11.82
Debtors
Creditor (as
on
29.02.2016)
11.82
3.23
0.92

SECURITY

Bldg No. 3, Ground Floor, Kurar Village,

Goregaon (East)
Total Securities
* Primary Securities for Housing Loan

*
15.97

9.2 POSITION OF THE ACCOUNT OF ASSOCIATE FIRM COMPANY : Nil

9.3 SECURITY COVERAGE OF THE GROUP:
Name of the Account
Firm
Individual
TOTAL

Total Exposure
7.00
18.86
25.86

(Rs. in lacs)
Total Securities
15.97
31.47
47.44

10. DEPOSIT RELATIONSHIP:

a.
Firm
b. Individual
TOTAL

%
228.14%
166.86%
183.45%

(Rs. in lacs)
TOTAL
AMOUNT OF
DEPOSIT
4.15
2.86
7.01

COLLATERAL
SECURITY

FREE
DEPOSIT

4.15
1.91
6.06

--0.95
0.95

11. CONDUCT OF THE ACCOUNT:

A] TURNOVER

(Rs. in lacs)
Credit

April 2014 to March 2015

April 2015 to Feb 2016

Debit
28.40
17.51

30.10
17.33

a) General Conduct: Satisfactory. Turnover in the account does not commensurate with the
sale during the year. Applicant is operating account with Deccan Merchant, Saraswat
Bank and Union Bank. Condition stipulated to close the account and carryout exclusive
banking with TJSB Bank.
B] DRAWING POWER:
i) Drawing Power as on 29.02.2016
Particular
Stock

Debtors up to 90
days
7.15

Debtors
6.50
Sub total (a)
13.65
Less Creditors
1.84
Sub Total (b)
11.81
Margin ( c ) = @ 40% of (b)
4.72
Drawing Power (b-c)
7.09
ii) Average Drawing Power: Rs.7.10 lacs (April 2015 to Feb 2016)
iii)Average Limit Utilized: Rs.6.68 lacs (April 2015 to Feb 2016)
iv)Date of Expiry: 31/12/2015 (Technical Renewal up to 31.03.2016)
12. TOTAL EARNING FROM CC ACCOUNT:

(Rs. in lacs)
Previous Year
(FY 2014-15)

i.

Interest
TOTAL

Current Year
(April 15 to Feb
16)
1.00
1.00

0.90
0.90

13. VISIT DETAILS:

13.1 Detail of last visit:
Date of visit
16.12.2015

Name of the Branch Officials &

Designation
Branch Manager
Asst. Branch Manager

Place of Visit
Motilal Nagar No. 3,
M.G. Road, Goregaon
(East)

Observation: No Adverse remarks reported.

14. INSURANCE DETAILS:

Security
Description
Stock
Flat

Amount

Due Date

Name of Insurer

6.00
17.00

28.06.2016
19.03.2029

Oriental Insurance
Co.

15. Compliance of all Term and Conditions of earlier sanction: Yes

16. A] Noting of Charge with ROC (in case of Ltd./Pvt. Ltd. Co.): Not Applicable
B] Noting of Charge with R.T.O [For Vehicles/ Cranes]: Not Applicable
C] Noting of Charge with CERSAI :

Date

Particular

Asset ID

11.03.2014 Bldg No. 3, Ground Floor, Kurar Village,

Goregaon (East)

200022731382

17. Reserve Bank of India/ Statutory Auditors/ Concurrent Auditors/ Internal Auditors
observations, if any. Steps taken by Branch for compliance of the same: Nil
18. BREIF FINANCIAL INDICATORS:
PARTICULARS
Tangible net worth
Debt/Equity ratio
TOL/TNW
Current ratio
Net Working Capital
Receivables ratio
Creditors turnover ratio
Net sales
% increase / decrease
Net profit
% to sales
Sales for the period April 15 to Dec 15

2012-13
(Final)
21.19
0.27:1
0.82:1
1.00:1
-0.02
55 Days
121 Days
28.34
11.84%
4.83
17.04%

2013-14
(ITR)
20.77
0.91:1
1.55:1
2.97:1
21.75
42 Days
124 Days
37.11
30.95%
3.95
10.64%
Rs. 34.22 lacs

2014-15
(ITR)
21.08
0.95:1
1.63:1
2.27:1
15.26
54 Days
143 Days
38.00
2.40%
4.80
12.63%

Tangible Net Worth:

Tangible Net Worth of the firm has marginally increased from Rs. 20.77 lacs during F.Y.2013-14
to Rs. 21.08 lacs during F.Y. 2014-15 due to plugh back of profits.
The reconciliation of TNW is as under:
Particulars
Opening Balance as on 01.04.2014
Add: Net Profit
Add: Other Income (Rent, Interest & Commission, Dividend, Partners
Remuneration)
Less: Drawing
Less: Interest on loans
Less: Others (Rent, LIC, Unsecured loan)
Closing Balance as on 31.03.2015

Amount
20.77
4.81
6.04
4.54
3.22
2.78
21.08

 DEBT EQUITY RATIO: The Debt Equity ratio of the applicant has marginally
increased from 0.91:1 in 2013-14 to 0.95:1 due to personal loan availed by the applicant
during 2014-15. However ratio is well within the benchmark limit.
TOL / TNW: The ratio has marginally increased from 1.55:1 in 2013-14 to 1.63:1 in
2014-15. The outside liability has increased by 7.02% and tangible net worth has
increased by 1.49% considering unsecured loan of Rs. 2.48 lacs as quasi capital TOLQE/TOL+QE arrives at Rs. 1.35:1. However the ratio is well within the benchmark limit.
LIQUIDITY POSITION: The ratio has marginally reduced from 2.97:1 in 2013-14 to
2.27:1 in 2014-15. The net working capital has decreased from Rs. 21.75 lacs in 2013-14
to Rs. 15.26 lacs in 2014-15. This is due to increase in current liabilities by 8.59% as
compared to decrease in current assets by 16.88%.
The applicant does not maintain stocks they procure the same as and when required as
per the orders received and hence no stock reflects as on 31.03.2015
As per the market terms the applicant gets credit period of 90-130 days and hence it has
slightly increased to 143 days. As informed the same was paid in current financial year.
Debtor turnover ratio has increased from 43 days to 54 days. Applicant has reported that
generally debtors are allowed credit period of 60 to 75 days.
SALES & PROFITABILITY: Sale has slightly increased from Rs. 37.11 lacs in 201314 to Rs. 38.00 lacs which resembles growth of 2.40%. In current year applicant has
achieved sale of Rs. 34.22 lacs from April 2015 to Dec 2015 which on annualized basis
arrives at Rs. 45Sale has slightly increased from Rs. 37.11 lacs in 2013-14 to Rs. 38.00
lacs which resembles growth of 2.40%. In current year applicant has achieved sale of Rs.
34.22 lacs from April 2015 to Dec 2015 which on annualized basis arrives at Rs. 45.63
lacs.The net profit has increased from Rs. 3.95 lacs in 2014-15 due to decrease in cost of
sales. In 2014-15 applicant has received higher consultancy fees thus cost of material and
other construction costs has reduced resulting in reduction in costs of sales.
BRIEF ABOUT APPLICANT:

M/s XYZ is a proprietary concern of Mr. X. The firm was established in 2002
He has completed B.E. Construction from Shah & Anchor College of Engineering,
Mumbai in 1990 and Master in Construction Management from NICMAR, Mumbai in
1991, having a total experience of 21 years in this field.
After passing M.C.M he worked with Lokhandwala Construction as a Quality Control
Engineer for 3 years, out of which one year as Concrete Batching Plant Incharge.
For last 19 years he has been in field of Building Repairs, with special emphasis on
carrying out Structural Surveys, Scrutinizing bills & Project Monitoring. M/s XYZ has
been undertaking Consultancy Projects in central & western suburb for 10 years.
The major societies where project management consultancy (PMC) have been provided
are as follows:
Name of society
AB CHSL, Nahur

BC CHSL, Gavan Pada, Mulund (East)

DE CHSL, Gavan Pada, Mulund (East)
HR CHSL, Goregaon (West)
D CHSL, Mahim (East)
AS Premises, Andheri
OS CHSL, Gavan Pada, Mulund (East)
MIS Assn., Gavan Pada, Mulund (East)
The consultancy charges are on an average around 5%

PRESENT REQUEST:
The applicant firm is presently enjoying Cash Credit Limit of Rs. 7.00 lacs against Stock & Book
Debts. Operations in the account are satisfactory.
The applicant firm is into business of civil consultancy and contracting of residential Cooperative Hsg. Societies industrial / commercial premises.
As informed by the applicant their business growing rapidly. Presently the firm is having
following Consultancy & Contracting work in hand under execution.

CONSULTANCY WORK PROJECT IN HAND:

Sr. No.
1.
2.
3.
4.
5.
6.
7.

Name of Party
BR CHSL
GN CHSL
HIP CHSL
KS CHSL
NA CHSL
RA CHSL
ST CHSL
TOTAL

Charges in %
of total cost
3.00%
4.00%
5.00%
5.00%
4.00%
5.00%
3.00%

Charges
6.00
2.40
2.25
1.50
4.25
1.00
4.50
21.90

ONGOING CONTRACTING PROJECTS:

Sr. No.
1.

Name of party
NI CHSL
Mr. Y

Work Order
3.50
5.00
8.50

The applicant firm requires to offer Earnest Money Deposit (EMD) and Retentions which is
payable after Defect Liability period. This period is generally 1 monsoon or 2 monsoons after
completion of work. Amount locked is generally from 5% to 25% of contract value. Here the
consultancy receipts are correlated with Invoice of contractor and clause of retentions gets
involved.
Thus to purchase of raw material execution of orders in hand and also to meet day to day
operational expenses the applicant has requested for renewal of Cash Credit Limit of Rs. 7.00
lacs against Stock & Book Debts for one year.
Sale has slightly increased from Rs. 37.11 lacs in 2013-14 to Rs. 38.00 lacs in 2014-15 which
resemble growth of 2.40%. In current year applicant has achieved sale of Rs. 34.22 lacs from
April 2015 to Dec 2015 which on annualized basis arrives at Rs. 45.63 lacs.
MPBF based on the basis of annualized sales 20% of turnover of Rs. 45.63 lacs works out to Rs.
9.13 lacs. Applied CC limit of Rs. 7.00 lacs is within MPBF.

Collateral Security Coverage:

Particulars
Bldg No. 3, Ground Floor, Kurar Village, Goregaon (East)
Area- 516 Sq. ft. Carpet. Agreement Value - Rs. 17 lacs
AMV Rate Rs. 4000/SS-M-31 with 15% Margin
Residual Value
Other Security
FDR (CF/59/2) [Accrued Value]
FDR (CF/59/3) [Accrued Value]
Total Collateral Security
Total Exposure
Security Coverage

Amount
20.64

15.16
5.48
3.23
0.92
9.63
7.00
137.57%

Thus considering the increasing sale, adequate security coverage, we recommend to sanction
renewal of Cash Credit Limit of Rs. 7.00 lacs against Stock & Book Debt @ 15.75% p.a. (at par
with PLR) for a period of one year.
Sanctioning Authority:
Considering the total exposure of Rs. 7.00 lacs, the proposal falls within the delegated powers of
Chief Manager thus placed for sanction.
NMMRO RECOMMDATION:
To sanction renewal of Cash Credit Limit of Rs. 7.00 lacs against Stock & Book Debt @ 15.75%
p.a. (at par with PLR) with 40% margin for a period of one year.

TERMS AND CONDITIONS:

1. Prime Security: Hypothecation of Stock and Book Debts.
2. Collateral Security to continue:
a. FDR No. CF/596/2 and CF /596/3 of Rs. 4.15 lacs + interest accrued thereon.
b. Mortgage of Flat Bldg No. 3, Ground Floor, Kurar Village, Goregaon (East)
3. ROI: @15.75% p.a. (at par with PLR)
4. Margin: 40%
5. Processing Charges: 1750/6. Irrevocable Power of Attorney to be obtained on record.
7. Mrs. Y and Mrs. Z to be remain as guarantors.
8. Property Owners/Security holders to be taken as guarantors.
9. Utilization of Cash Credit will be allowed with in availability of Drawing Power or
sanctioned limit whichever is less.
10. Account with Deccan Merchant Bank, Saraswat Bank and Union Bank to be closed by
30.06.2016 and closure certificate to be submitted.

11. Applicant to carry out exclusive banking with TJSB Bank.

12. Rent Agreement of new office premises at 33/254 Motilal Nagar, M.G. Road, Goregaon
(W) to be obtained on record.
13. Stock, Debtors & Creditors Statements as on last date of preceding month to be submitted
before 10th day of succeeding month.
14. Penalty of Rs. 1000.00 for Late submission of Stock, debtors & creditors statement for
every instance of late submission. (This penalty is in addition to 2% penal interest)
15. Branch to follow guidelines with respect to submission of stock statement as per cicular
NO.HO/CREDIT/11-12/CIRCULAR/41/115 dated 31/10/11.
16. Branch to ensure FDR/RD duly discharged, bank lien & original to be kept in branch
custody.
17. Adequate insurance of all the securities with Bank clause to be obtained on record.
18. Latest ITR and networth statement of Mrs. ABC to be obtain on record.
19. Declaration from the individual applicants stating that he/she is not director on the Board
of any other Bank/s.
20. Penalty of 2% will be charged on outstanding dues for pre-payment of loan in case of
takeover by any financial institution/banks or credit society.
21. 4% penal interest to be charged for non compliance of sanctioned terms & conditions.

Balance Sheet
Sr.
1
2
3
4
5

Particulars
CURRENT LIABILITIES
Short Term Borrowing
from TJSB
Short Term Borrowing
from Others
Sub Total (1+2)
Creditors (Trade)
Other Current Liabilities
Sub Total (3+4)
TOTAL CURRENT
LIABILITIES
TERM LIABILITIES
Term Loans from TJSB

2012-13

2013-14
(ITR)

2014-15
(ITR)

4.36

5.39

7.09

0.89
5.25
2.60
2.27
4.87
10.12

5.39
3.45
2.22
5.67
11.06

7.09
3.16
1.76
4.92
12.01

18.87

18.64

7
8

9
10
11

Term Loans from OTHERS

Other Term Liabilities
Sub Total (6+8)
Unsecured Loans
a)From Directors/Shareholder
b)From Friends & relatives
c)From others
Sub Total (a+b+c)
Total Term Liabilities (6 to
9)
TOTAL OUTSIDE
LIABILITIES

5.65

1.31

5.65

18.87

19.95

1.65

2.25

1.65
7.30

2.25
21.12

2.48
22.43

17.42

32.18

34.44

21.19

20.77

21.08

2.48

21.19

20.77

21.08

17

NET WORTH
Paid up Shares capital /
Partners Capital
General Reserves and Profit
& loss A/C
Revaluation Reserves
Sub Total (12 to 14)
Goodwill / Preliminary
Expenses
Tangible Net Worth (15-16)

.21.19

20.77

21.08

18

TOTAL LIABILITIES

38.61

52.95

55.52

0.54

0.70

1.73

4.24
5.32
10.10

4.31
27.80
32.83

5.59
19.95
27.27

10.00

10.00

10.00

1.39
8.39
19.78

1.13
7.73
18.86

1.02
7.00
18.02

12
13
14
15
16

19
20

21
22
23

24

25

CURRENT ASSETS
Cash & Bank Balances
Inventory
a)Raw Material
b)Stock-in-progress
c)Finished Goods
d)Consumable Spares
Debtors less than 6 month
Other Current Assets
TOTAL CURRENT
ASSETS [19 to 22]
FIXED ASSETS
GROSS BLOCK
a)Immovable
b)Plant & Machinery
c)Furniture & Fixtures
d)Others
Sub Total (a+b+c+d)

26
27

28
29
30
31

32

LESS: Deprecation
NET BLOCK (25-26)

19.78

18.86

18.02

OTHER NON-CURRENT
ASSETS (ONCA)
Investment in
Subsidiaries/associate
Debtors more than 6 months
Other non current Assets
TOTAL ONCA [28 to 30]

8.73
8.73

1.28
1.28

10.23
10.23

38.61

52.95

55.52

2012-13

2013-14
(ITR)

2014-15
(ITR)

20.34
8.00
28.34

24.84
12.27
37.11

20.84
17.16
38.00

28.34

37.11

38.00

7.86

10.18

8.05

14.78

0.51
6.33

TOTAL ASSETS
[23+27+31]

Profit & Loss A/c

Sr.
1

2
3
4
a
b
c
d

Particulars
GROSS SALES
Gross receipts
Professional Fees
Sub- Total
LESS: Excise Duty
NET SALES(1-2)
COST OF SALES
Raw material consumed
Indigeneous
Imported
Other spares
Power & fuel
Direct labour & salaries

2.98

e
f
g

Other manufacturing Exp

Depreciation
Preliminary exp. W/off
Sub-Total

1.73

1.54

1.32

12.57

26.50

16.21

12.57

26.50

16.21

COST OF SALES

12.57

26.50

16.21

5
6

Selling & Admin Exp

Sub-Total (4+5)

10.01
22.58

5.69
32.19

16.17
32.38

OPERATING PROFIT
BEFORE INTEREST [3-6]

5.76

4.92

5.62

Interest

0.93

0.97

0.82

OPERATING PROFIT
AFTER INTEREST [7-8]

4.83

3.95

4.80

10

i)Other income
ii)Expenses
iii)NET OF OTHER
INCOME & OTHER
EXPENSES

11

PROFIT/LOSS BEFORE
TAX [9+10(iii)]

4.83

3.95

4.80

12

Provision for taxation

13

PROFIT/LOSS AFTER
TAX [11-12]

4.83

3.95

4.80

14

Dividend

ADD: Opening Stock of

RM / WIP
LESS: Closing Stock of
RM/WIP
COST OF PRODUCTION
ADD: Opening Stock of FG
LESS: Closing Stock of FG

15

RETAINED EARNING
[13-14]

4.83

3.95

4.80

2012-13
21.19

2013-14
(ITR)
20.77

2014-15
(ITR)
21.08

21.19

20.77

21.08

0.27

0.91

0.95

0.27

0.91

0.95

0.82

1.55

1.63

Ratio Analysis
Sr.
1

Particulars
TANGIBLE NET WORTH
(Considering investment in
associate concern)
TANGIBLE NET WORTH
(Without considering
investment in associate
concern)
DEBT / EQUITY RATIO
(Without considering
Unsecured Loans)
DEBT / EQUITY RATIO
(Considering Unsecured
Loans)
TOL / TNW

CURRENT RATIO

1.00

2.97

2.27

NET WORKING CAPITAL

-0.02

21.75

15.26

ASSETS TURNOVER
RATIO

1.43

1.97

2.11

RECEVIABLE RATIO

54.61

42.39

53.69

10

CREDITOR TURNOVER

120.74

123.70

143.28

11

STOCK TURNOVER

12

LONG TERM SURPLUS

-0.02

21.75

15.26

13

SHORT TERM SURPLUS

0.02

-21.75

-15.26

14

17

NET SALES
% increase / decrease
OPERATING PROFT
% to net sales
NET PROFIT
% to net sales
CASH ACCRUALS

28.34
11.84%
4.83
17.04%
4.83
17.04%
6.56

37.11
30.95%
3.95
10.64%
3.95
10.64%
5.49

38.00
2.40%
4.80
12.63%
4.80
12.63%
6.12

18

MPBF

5.39

7.09

1
2

TOTAL CURRENT ASSETS

TOTAL CURRENT
LIABILITIES
i)Excluding bank borrowing
ii)Including bank borrowing
WORKING CAP. GAP [12(i)]
MIN. MARGIN 25% of 1
ACTUAL NWC (1-2(ii))
MPBF
SANCTIONED LIMIT C.C.
OUTSTANDING BAL.

18.83

34.09

37.50

4.87
10.12
13.96

5.67
11.06
28.42

4.92
12.01
32.58

4.71
8.71
5.25

8.52
23.03
5.39

9.38
25.49
7.09

15
16

3
4
5
6
7
8

ANALYSIS OF DATA/ INFORMATION & FINDING

(Rs. in crores)
Particular
Total Advances
Advances to Priority
Sector
Amount Advances to
MSME Sector

2014
4074.01
1667.92

2015
4408.47
1667.32

2016
4756.80
1785.61

1215.57

1110.33

1139.36

Advances
5000
4756.8

4800
4600
4408.47

4400
4200

4074.01

4000
3800
3600

2014

2015

2016

Advances

Priority Sector
1800

1785.61

1780
1760
1740
1720
1700
1680

1667.93

1667.32

2014

2015

1660
1640
1620
1600

Priority Sector

2016

MSME Sector
1240
1220

1215.57

1200
1180
1160

1139.36

1140

1110.33

1120
1100
1080
1060
1040

2014

2015
MSME Sector

RECOMMENDATIONS

2016

REFERENCES