NABARD - Status of Microfinance in India 2016-17 - page 23

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The savings outstanding of SHGs as on 31 March 2017 has
reached all-time high of
16,114 crore, about 17.7% more than that a year back. The average
savings outstanding per SHG increased by 8% during the year, to
18,788 as on 31 March
2017 from
17,324 in the previous year. The average savings outstanding was highest in
Southern Region and lowest in North Eastern Region (Figure 4.3). Southern States have a
sizeable number of matured SHGs that contribute higher amount of monthly savings leading
to higher average savings rate, whereas in North Eastern States and other priority States, the
average savings are low. States that have added more number of new SHGs during the year
have obviously recorded decline in average savings outstanding during the year. The state-wise
savings outstanding position is given in Statement II-A.
During 2016-17, banks provided loans to 18.98
lakh SHGs (22% of total SHGs) as against to 18.23 lakh SHGs (23.2% of total SHGs) during
2015-16. The number of SHGs to whom loans were provided during the year was lower
than previous year in Southern Region, Western Region and Central Region. In Southern
Region about 30% of SHGs have availed bank loan during 2016-17. The percentage of SHGs
availing credit during the year was 42% in Andhra Pradesh and Telangana, 27% in Kerala
and 19% in Tamil Nadu. Low credit linkage in North Eastern States and some priority States
was a concern (Table 4.4). In States like Kerala, Karnataka, Andhra Pradesh, Maharashtra,
Uttarakhand, Uttar Pradesh, and Madhya Pradesh the number of SHGs provided with bank
loan during 2016-17 was lower than the previous year.
During 2016-17, about
38,781 crore of bank loan was disbursed recording a marginal
increase (4%) in the total amount of loan disbursed by banks to SHGs as compared to
crore during 2015-16. The quantum of loan disbursed to SHGs was lower than the previous
year in Central and Western Region whereas other Regions witnessed thin rise. Institutional
credit flow to SHGs was reported to be adversely hit by the demonetization of specified bank
notes declared on 8 November 2016 and the resultant disruption in the loaning operations by
financing institutions. Despite this, the rise in number of SHGs credit linked and quantum of
loan disbursed during the year is very positive for SHG-BLP.
The average loan disbursement per group during 2016-17 was
2.04 lakh, a slender rise
2.03 lakh during the previous year, against the y-o-y rise of 20% in 2015-16. Southern
Region however continued to have the distinction of having highest per SHG average credit
disbursement of
2.73 lakh with a 5% rise over previous year. North Eastern Region (16%)
and Eastern Region (12%) recorded a rise in the average credit disbursement whereas other
Regions have witnessed a fall (Figure 4.5). Among the States, the average credit disbursement
per SHG declined over previous year significantly (25% and above) in case of Gujarat, Uttar
Pradesh, Madhya Pradesh, Uttarakhand and Punjab. Maharashtra (15%) and Chhattisgarh
(11%) also witnessed moderate fall in average loan disbursement while it was a slender fall
(less than 5%) in States like Tamil Nadu, Karnataka, Haryana, Himachal Pradesh, Rajasthan,
Odisha and Jharkhand. In North Eastern Region, States like Manipur, Sikkim and Tripura
disbursed lower average loan during the year while other States have recorded a rise. Among
major States, average credit disbursed per SHG was in the region of
3 lakhs for Goa (
lakh) and Telangana (
3.02 lakh) followed by Kerala (
2.96 lakh) and Andhra Pradesh (
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