Kailashpati Mishra, Patna. The trend of taking loans is not the same in all the districts of Bihar. There is a tendency to take more loans in some districts and less in others. People of Munger, Nalanda, Saran, Bhojpur and Jehanabad are lagging behind in taking loans, while people of Purnia, Araria, West and East Champaran and Kishanganj are ahead. In fact, after a long time, there has been a positive improvement in the credit-deposit (CD) ratio of banks in the state. The CD average of the state has reached 54.23%. Purnia’s achievement in this has been brilliant. People of Purnia district are ahead of the national average in terms of taking loans. The CD ratio of this district is 90.13%, while the national ratio is 78%. Whereas the credit-deposit ratio of Munger is only one-third of that of Purnia i.e. 31.27%.
Districts where people are ahead in taking loans
Name of Districts Deposit Loan CD Ratio
crore crore %
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Purnia 8254 7438 90.13
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Araria 5185 4232 81.62
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East Champaran 11067 8334 75.31
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Kishanganj 3551 2663 75.01
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West Champaran 7325 5458 74.51
Low loan taking districts and CD ratio
Name of Districts Deposit Loan CD Ratio
crore crore %
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Munger 8075 2525 30.27
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Nalanda 11837 4770 40.30
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Saran 14359 5921 41.24
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Bhojpur 12187 5078 41.67
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Jehanabad 4032 1719 42.63
Purnia’s NPA is less than the state average.
According to the report of the State Level Bankers Committee, banks have distributed a lot of loans in Seemanchal. People taking loans there are better off in repayment than other districts of Bihar. Due to this, NPA is also less. The NPA of Purnia, the highest loan taking district, is only 8.5% while the average NPA of the state is around 10.35%.
More loan distribution in MSME sector
In East Bihar, banks have given loans as per the need in the primary sector. According to the sources of SBI, the lead bank of Purnia district, in the last financial year 2021-22, 121% loans were given in comparison to the target and 118% loans were given in comparison to 2020-21 in the MSME sector. As far as NPA is concerned, Purnia’s NPA is also only 8.75%.
3100 crore loans will be distributed
People of East Bihar also get the benefits of the Prime Minister Minority Loan Scheme being run for the minorities. Under this scheme, till June 30, 2022, Rs 64 crore loans have been distributed in Purnia, Rs 92 crore in Araria, Rs 60 crore in Kishanganj and Rs 47 crore in Katihar, while Rs 3100 crore loans will be distributed by the end of the current financial year.