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Rewa Sidhi Gramin Bank was established on 20th Dec. 1976 with the main objective of playing a pivotal role in rural development and upliftment of weaker sections of the rural society in two backward and undeveloped districts of M.P. namely Rewa and Sidhi.Area of the bank now covers 3 Distts. by coming into existence of new Singrauli distt.. The area of operation of the bank has vast resources of minerals and forest products. The economy is predominantly agaragarian and of subsistence type, that too shaken generally by the natural calamities like drought, hailstorms, floods etc. Undulating hilly topography with meagre area under irrigated cultivation, poor infrastructure and absence of project linkages makes technique based agro- economic operations difficult.

  
Achievment

OBLIGATIONS AND ACHIEVEEMENTS UNDER MOU/DAP 2009-2010
S.No. Particulars Obligations Achievements
1 OWNED FUNDS 621267 661975
  A.   Share Capital 10000 10000
B.   Share Capital Deposit 81267 81267
C.  Reserves 530000 570708
2   DEPOSIT    
    Total 11000000 11378310
% growth 15.85 19.83
A.  Demand Deposit 6600000 7030675
% Growth 18.32 26.04
B.  Term Deposit 4400000 4347635
% growth 12.33 10.99
3 BORROWINGS    
  Total O/S 160000 182643
A. Nabard O/S 160000 182643
%Growth in O/S (-)0.09 (-)13.96
B.  Sponsor Bank ------ -----
% Growth in O/S ----- -----
C. SIDBI O/S ----- -----
% Growth in O/S ----- -----
4 ADVANCES O/S    
  Total 2640000 3214646
% Growth in O/S 20.89 5.99
A.  Target Group 1584000 796199
Ratio to total loan O/S 60.00 34.40
B.  Non Rarget Group 1056000 1518447
Ratio to total loan O/S 40.00 65.60
C.  Priority Sector 1980000 1736906
Non Priority Sector 70 660000 577740
LOAN DISBURSEMENT    
Total loan disbursement during the year 1200000 814230
A.  Target Group 480000 206428
B.  Non Target Group 720000 560884
C.  % Non Target Group to total disbursement 60.00 68.89
D.  Priority Sector 750000 560020
E.  Non Priority Sector 450000 254210
5 C.D.RATIO 24.00 20.34
6 RECOVERY    
 

% Recovery to Demand
(july.2008 to june 2009)

75.00 67.15
7 INVESMENTS 7370000 8518275
  A.  S.L.R. 2211000 2051511
B.  Non S.L.R. 5159000 6466764
8 INVESTMENT DEPOSIT RATIO 67.00 74.86
9 LOSS-PROFIT    
  A. Profit after income tax 80000 40563
B. Accum. Lass/Profit 4500.00 408408
C. Operating Profit (+) 1800.00 76915
10 AVERAGE COST OF FUNDS(%) 4.70 4.02
11 AVERAGE RETURN ON FUNDS(%) 8.00 7.40
12

TRANSACTION COST

AS % TO WORKING FUNDS

180000

2.75

206644

1.86

13 BUSINESS PER BRANCH 136400 136930
13 BUSINESS PER EMPLOYEE 34707 35566
15 N.P.A.    
  A. At the Beginning 195175 251136
B.  Addition during the yaer 69825 146183
C. Recovery during the yaer 115000 93176
D.  Balance at the year end 150000 304143
E.  % to gross advance 5.68 13.14
F.  % to net Advance 0.81 6.59
16 CLASSFICATION OF ASSETS    
  A.  Standard 2490000 2010503
B.  Sub- Standerd 52500 124959
C.  Doubtful 120000 174739
D.  Loss 7500 4445
17 PROVISIOV ON A/C OF NPA    
  Provision for the year ----- 15843
Cumulative Provision 160000 162300
18 INTERNAL CONTROL AND HOUSE KEEPING    
  A.  Inspection/Internal Audit 100 100
B.  Balance of Books (Branchs pending for mor then 3 months ) NIL NIL
C.  Unreconcing inter branch entries (Pending for more then  month) NIL NIL
D.  Reallocation / Merger of loss Making Branch (No.) NIL NIL
E.  No. of   Loss Making Branches NIL 6
 
 
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