Lok Sabha Question No. 6564 (UNSTARRED), answered on 2018-04-06
Subject: Loan Recoverability of Banks
Ministry: FINANCE
Asked by: VIJAY KUMAR HANSDAK, RAMA DEVI

## GOVERNMENT  OF INDIA

## MINISTRY  OF FINANCE DEPARTMENT  OF FINANCIAL SERVICES

LOK SABHA UNSTARRED  QUESTION  NO: 6564 TO BE ANSWERED  ON THE 6th APRIL,  2018/CHAITRA  16, 1940 (SAKA)

## QUESTION LOAN RECOVERABILITY  OF BANKS

## 6564:  SHRI VIJAY KUMAR  HANSDAK: SRIMATI  RAMA  DEVI:

Will  the Minister  of FINANCE  be pleased to state:

- a) whether  the Government  does not have control  over the banks  due to which  the banks  are not able to either  recover  the loans or attach  the properties  for this purpose  and no efforts are being  made to recover  a huge amount  of funds;
- c) the amount  of outstanding  loans as on February,  2018, Bank-wise;  and
- b) if so, the reaction of  the Government  thereon;
- d) the details  of the properties  attached  and auctioned  by  the banks  to recover  the outstanding loans during  the last three  years  and the value  thereof  ?

## ANSWER To be answered by THE MINISTER  OF STATE  IN THE  MINISTRY  OF FINANCE

## (SHIV PRATAP  SHUKLA)

- (a) and (b): As per Reserve  Bank of India (RBI) guidelines,  banks  are to have a loan  recovery policy,   prepared   and  duly   vetted   by   their   boards.   A  number   of  mechanisms   are  available   to banks to effect recovery,  such as filing  of a suit in Civil  courts  or in Debts Recovery  Tribunals, and action  under  the Securitisation  and Reconstruction of Financial  Assets and Enforcement  of Security  Interest  Act.  In addition,  the Insolvency  and Bankruptcy Code,  2016 has been enacted for  time-bound   resolution   of  stressed  assets.  Further,   the  Banking   Regulation Act,   1949 has been amended  to provide  for authorisation by the Government  to RBI, for issuing  directions  to banks to initiate  the insolvency  resolution  process under the Code,  and in pursuance  of such directions,   banks   have  filed  applications   in  case  of  severs/large   credit   exposures   before  the National  Company  Law Tribunal . Further,  keeping  in view  the enactment  of the Code,  RBI has recently   issued  a  Revised   Framework for  Resolution   of  Stressed  Assets,   which   provides   for time-bound  resolution  of high-value  stressed accounts.
- (d):  As  per  data  reported   by   PSBs,  1,77,614 properties   have  been  attached and auctioned  by them and an amount  of Rs. 15,196 crore  has been recovered  during  the financial  years  2014-15 to 2017-18 (till  31.12.2017).

Annexure

- (c):  As  per  RBI data on global  operations,  as on 31.12.2017,  the details  of Gross Loans and Advances  of Scheduled  Commercial Banks,  are at Annexure.

****

## Amounts  in crore  Rupees

-

| Bank Name                                  | Gross Loans and Advances   |
|--------------------------------------------|----------------------------|
| ABBank Limited                             | 57                         |
| AbuDhabiCommercialBank PJSC                | 1,480                      |
| AllahabadBank                              | 1,61,792                   |
| AmericanExpress BankingCorp.               | 4,463                      |
| AndhraBank                                 | 1,51,492                   |
| Australiaand NewZealandBankingGroupLimited | 2,210                      |
| AxisBank Limited                           | 4,32,356                   |
| BandhanBankLimited                         | 23,133                     |
| Bank ofAmerica, NationalAssociation        | 13,187                     |
| Bank ofBahrainand KuwaitB.S.C.             | 1,295                      |
| Bank ofBaroda                              | 4,28,718                   |
| Bank ofCeylon                              | 313                        |
| Bank ofIndia                               | 3,79,538                   |
| Bank ofMaharashtra                         | 95,169                     |
| Bank ofNovaScotia                          | 3,880                      |
| BarclaysBank PLC                           | 10,500                     |
| BNPParibas                                 | 20,037                     |
| CanaraBank                                 | 3,88,518                   |
| CapitalSmallFinanceBankLimited             | 1,583                      |
| CatholicSyrianBank Ltd.                    | 9,772                      |
| CentralBankof India                        | 1,79,702                   |
| CitibankN.A                                | 57,597                     |
| CityUnionBank Limited                      | 26,089                     |
| CooperatieveRabobankU.A.                   | 2,277                      |
| Corporation Bank                           | 1,37,049                   |
| CreditAgricoleCorporateAndInvestmentBank   | 4,796                      |
| CreditSuisseAG                             | 929                        |
| CTBC Bank Co. Ltd.                         | 520                        |
| DBS BankLtd.                               | 18,605                     |
| DCBBank Limited                            | 18,799                     |
| DenaBank                                   | 72,443                     |
| DeutscheBank AG                            | 38,472                     |
| DohaBank QSC                               | 631                        |
| EmiratesNBDBank (P.J.S.C.)                 | 277                        |
| EquitasSmallFinanceBank Limited            | 7,166                      |
| FederalBank Ltd.                           | 85,922                     |
| FirstAbuDhabiBank PJSC                     | -                          |
| FirstrandBank Ltd.                         | 319                        |
| HDFCBankLtd.                               | 6,36,640                   |
| HongkongandShanghaiBankingCorpn.Ltd.       | 45,655                     |
| ICICIBank Limited                          | 5,27,145                   |
| IDBI BankLimited                           | 2,04,768                   |
| IDFCBank Limited                           | 49,398                     |
| IndianBank                                 | 1,53,120                   |
| IndianOverseasBank                         | 1,51,536                   |
| IndusIndBankLtd.                           | 1,29,449                   |

Source: RBI (global operations)

-

| Industrialand CommercialBank ofChina    | 839          |
|-----------------------------------------|--------------|
| IndustrialBankof Korea                  | 83           |
| Jammu&KashmirBank Ltd.                  | 61,853       |
| JP MorganChaseBank National Association | 10,209       |
| JSCVTBBank                              | 12           |
| KarnatakaBank Ltd.                      | 44,917       |
| KarurVysyaBank Ltd.                     | 44,836       |
| KEB HanaBank                            | 244          |
| KotakMahindraBank Ltd.                  | 1,61,086     |
| KrungThaiBank PublicCompanyLimited      | 5            |
| LakshmiVilasBank Ltd.                   | 25,231       |
| MashreqBank PSC                         | 167          |
| Mizuho Bank Ltd.                        | 9,141        |
| NainitalBankLtd.                        | 3,463        |
| NationalAustraliaBank                   | 204          |
| OrientalBankof Commerce                 | 1,62,512     |
| Pt Bank Maybank IndonesiaTBK            | 143          |
| Punjaband SindBank                      | 64,273       |
| PunjabNationalBank                      | 4,74,952     |
| QatarNationalBank SAQ                   | -            |
| RBLBank Limited                         | 37,113       |
| Sberbank                                | 206          |
| SBMBank (Mauritius) Ltd.                | 1,266        |
| ShinhanBank                             | 5,227        |
| SocieteGenerale                         | 2,582        |
| SonaliBank                              | 35           |
| SouthIndianBank Ltd.                    | 52,184       |
| StandardCharteredBank                   | 72,956       |
| StateBank ofIndia                       | 19,24,592    |
| SumitomoMitsuiBankingCorporation        | 6,812        |
| SyndicateBank                           | 2,19,449     |
| TamilnadMercantileBank Ltd.             | 22,227       |
| TheBank ofTokyo-Mitsubishi UFJLtd.      | 9,821        |
| TheDhanalakshmiBank Ltd.                | 6,409        |
| TheRoyalBank ofScotlandPLC              | 115          |
| UCOBank                                 | 1,22,948     |
| UnionBankof India                       | 3,14,474     |
| UnitedBank ofIndia                      | 68,250       |
| UnitedOverseasBank Ltd.                 | 807          |
| VijayaBank                              | 1,10,622     |
| WestpacBankingCorporation               | 796          |
| WooriBank Yes Bank Ltd.                 | 960 1,72,894 |