on Launching a
National Initiative
for Financial Inclusion
Presentation by
G Pandurangan
Chairman
South Malabar Gramin Bank 1
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South Malabar Gramin Bank
Sponsored by Canara Bank in Kerala
8Districts
228 branches+1 A/cs Section
Total Business of Rs.5000 Cr.
Making profit since inception
Sri S.Ramaswami,RD,RBI,Thiruvananthapuram
inaugurating our Karimkunnam branch ,Idukki Dist.
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SOUTH MALABAR GRAMIN BANK
Sponsored by Canara Bank
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South Malabar Gramin Bank, Sponsored by Canara Bank
SNEHA GRAMAM
•INITIATIVES
•SMGB – A Bank with social commitment
•Instead of people going to Bank,
•Bank went to people
•Involved CDS/NGO/Farmers Club/ Grama Panchayat
•Conducted survey
•Screening committee (representatives) studied
•Committee recommends the loan amount
•Loan amount consists of present debt and to
•Start income generating activities 10
South Malabar Gramin Bank, Sponsored by Canara Bank
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South Malabar Gramin Bank, Sponsored by Canara Bank
SNEHA GRAMAM
SOLUTIONS
•Formation of neighbourhood groups
•No collateral except SNEHAM (PYAR)
•The only security is love & affection
•PILOT PROJECT
• implemented in 8 branches
•Started on Aug 15th 2007
•with overwhelming support of the public
•Extended to all the 228 branches
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South Malabar Gramin Bank, Sponsored by Canara Bank
SNEHA GRAMAM- A SUCCESS STORY – FREED FROM THE NIGHTMARE OF MONEY LENDERS
THEY START NEW INCOME GENERATING ACTIVITIES
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South Malabar Gramin Bank, Sponsored by Canara Bank
SNEHA GRAMAM
ZERO BECOMES HERO
•No of House holds assisted : 1,52,641
• The myth that the poor did not have the will to
save was shattered
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South Malabar Gramin Bank
District wise coverage of No frill accounts
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South Malabar Gramin Bank, Sponsored by Canara Bank
FARMERS CLUB –
FARMERS CLUB –ARIMBRA FARMERS’CLUB SUCCESS STORY- DRY LAND WITHOUT CULTIVATION
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South Malabar Gramin Bank,
Demonstration effect
Harvest Festival at
Chandanappally inaugurated
by Sri. Adoor Prakash, MLA
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South Malabar Gramin Bank
FINANCIAL LITERACY CAMPAIGN
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South Malabar Gramin Bank
PILOT PROJECT:
In association with NABARD, a pilot project on Smart Card
based financial inclusion is launched, with M/s Source Trace
Systems as the service provider.
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South Malabar Gramin Bank
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South Malabar Gramin Bank
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South Malabar Gramin Bank
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South Malabar Gramin Bank,
. FUTURESTIC PLANS
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THANK
YOU
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