Performance of banks under education loan in Tamilnadu as at 30th Sep 2010
Friday, January 14, 2011
We got the information from State Level Bankers Committee, Tamilnadu on the education loan outstanding as on 30th Sep 2010 along with the total outstanding of advances.
As on 30th Sep 2010, in Tamilnadu all the Banks have an outstanding of Rs.8841 crores under education loan. This constitutes 2.79 percent of their total advances. Public Sector Banks have an outstanding of Rs.8511 crores, constituting 3.65 percent of their advances.
Private Banks in Tamilnadu have done very poorly under education loan. They have given only 0.39 percent of their total advances. Excepting Lakshmi Vilas Bank and Tamilnadu Mercantile Bank, other banks have not taken the education loan seriously.
Axis Bank, ICICI Bank and IndusInd Bank have practically not contributed anything under education loan.
The performance of all the Banks in Tamilnadu is given in the following table.
State Level Bankers Committee, Tamilnadu
Convenor: Indian Overseas Bank
Education Loan outstanding as on 30th Sep 2010
Bank | Advances | Education | % of edu loan | |
Indian Bank | 26073.28 | 1959.95 | 7.52 | |
Indian Overseas Bank | 26763.00 | 1234.28 | 4.61 | |
Syndicate Bank | 6189.72 | 269.73 | 4.36 | |
Canara Bank | 25615.65 | 1096.72 | 4.28 | |
Union Bank of India | 7134.85 | 275.77 | 3.87 | |
State Bank of Travancore | 4605.61 | 161.96 | 3.52 | |
Bank of India | 8897.00 | 302.45 | 3.40 | |
Central Bank of India | 8158.29 | 261.93 | 3.21 | |
State Bank of India | 58975.27 | 1847.70 | 3.13 | |
State Bank of Mysore | 2489.82 | 72.18 | 2.90 | |
Corporation Bank | 7071.49 | 187.11 | 2.65 | |
Bank of Baroda | 7728.95 | 204.36 | 2.64 | |
UCO Bank | 4529.73 | 119.42 | 2.64 | |
Andhra Bank | 3624.74 | 93.79 | 2.59 | |
Vijaya Bank | 2643.68 | 59.90 | 2.27 | |
State Bank of Hyderabad | 1679.77 | 33.10 | 1.97 | |
State Bank of B & J | 1013.88 | 19.67 | 1.94 | |
Dena Bank | 1303.69 | 24.69 | 1.89 | |
Oriental Bank of Commerce | 3132.59 | 52.96 | 1.69 | |
Bank of Maharashtra | 875.84 | 14.39 | 1.64 | |
Allahabad Bank | 2595.50 | 41.86 | 1.61 | |
United Bank of India | 1703.07 | 20.20 | 1.19 | |
Punjab National Bank | 15721.07 | 145.14 | 0.92 | |
State Bank of Patiala | 743.37 | 6.14 | 0.83 | |
State Bank of Indore | 529.06 | 2.60 | 0.49 | |
Punjab & Sind Bank | 1105.24 | 3.99 | 0.36 | |
ALL PUBLIC SECTOR BANKS | 230904.16 | 8511.99 | 3.69 | |
Lakshmi Vilas Bank Ltd. | 3362.15 | 42.05 | 1.25 | |
Tamilnad Mercantile Bk Ltd. | 6408.64 | 78.67 | 1.23 | |
Pallavan Grama Bank | 700.05 | 7.70 | 1.10 | |
City Union Bank Ltd. | 5638.96 | 47.91 | 0.85 | |
Karnataka Bank Ltd. | 1400.43 | 11.12 | 0.79 | |
Catholic Syrian Bank Ltd. | 1570.21 | 11.17 | 0.71 | |
Dhanalakshmi Bank Ltd. | 815.10 | 5.43 | 0.67 | |
Karur Vysya Bank Ltd. | 6656.48 | 44.32 | 0.67 | |
Pandiyan Grama Bank | 2214.78 | 14.28 | 0.64 | |
Federal Bank Ltd. | 2758.71 | 9.72 | 0.35 | |
HDFC Bank Ltd. | 13619.68 | 31.74 | 0.23 | |
Jammu & Kashmir Bank Ltd. | 201.95 | 0.42 | 0.21 | |
South Indian Bank Ltd. | 5488.19 | 10.85 | 0.20 | |
ING Vysya Bank | 1495.11 | 2.22 | 0.15 | |
IDBI Bank Ltd. | 10384.12 | 6.59 | 0.06 | |
Axis Bank Ltd. | 7142.82 | 3.46 | 0.05 | |
Bank of Rajasthan Ltd. | 204.68 | 0.08 | 0.04 | |
ICICI Bank Ltd. | 13414.69 | 1.88 | 0.01 | |
Indus Ind Bank Ltd. | 1962.72 | 0.00 | 0.00 | |
PRIVATE BANKS | 85439.47 | 329.61 | 0.39 | |
ALL BANKS IN TAMILNADU | 316343.63 | 8841.60 | 2.79 |