Lok Sabha Question No. 2905 (UNSTARRED), answered on 2018-08-03
Subject: One Time Loan Settlement
Ministry: FINANCE
Asked by: SADASHIV KISAN LOKHANDE

## GOVERNMENT  OF INDIA

## MINISTRY  OF FINANCE DEPARTMENT  OF FINANCIAL  SERVICES

## LOK SABHA UNSTARRED  QUESTION  NO: 2905

TO BE ANSWERED  ON THE 3 rd  AUGUST,  2018/SHRAVANA 12, 1940 (SAKA)

## QUESTION ONE TIME LOAN SETTLEMENT

## 2905: SHRI SADASHIV  LOKHANDE:

Will  the Minister  of FINANCE  be pleased to state:

- a) the  number   of  one  time   loan   settlements   made  by   the  nationalised   and  private   sector banks  during   the  last  three   years   in  the  country   as  on  date,   bank/State/UT-wise particularly in Maharashtra;
- c) whether  the said process was carried  out as per the norms  laid  down  for one time  loan settlement;  and
- b) the total  amount  of loan  disbursed  to debtors  by  the nationalized/private sector  banks and the amount  of funds recovered  from the said debtors  during  the one time  settlement process;
- d) if so, the details  thereof  and if not,  the reasons  therefor?

## ANSWER

## (SHRI SHIV PRATAP  SHUKLA)

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

- (a)  and  (b):  Reserve   Bank of  India  (RBI)  has  apprised   that   it  does  not  have  required information.  As per data reported  by  nationalised  banks,  over the last three  financial  years, 24,40,832   one  time   settlements   (OTS)   have  been  made  and  an  aggregate   amount   of  Rs. 22,223  crore   has  been  recovered.   Bank-wise   details   of  the  number   of  OTS   and  amount recovered  from the debtors  are at Annexure-I.  State and Union  territory-wise details  of the number  of OTS made by  the nationalised  banks  are at Annexure-II.

As per RBI data on global  operations,  as on 31.3.2018  (provisional  data),  gross loans and advances of nationalised and private sector banks were Rs. 38,94,458 crore and Rs. 27,26,376  crore  respectively.

- (c)  and  (d):   As  per  RBI  instructions, banks   are  required   to  have  a  loan   recovery   policy, which  may  cover, inter alia, negotiated  settlements  of NPAs.  As per inputs  from  nationalised banks,   all   nationalised   banks   have  in  place  One   Time   Settlement   (OTS)   schemes  for carrying  out OTS.

Number of One Time Settlements  and amount  recovered by nationalised banks

| SN    | Bank                    | 2015-16            | 2015-16          | 2016-17            | 2016-17          | 2017-18            | 2017-18          |
|-------|-------------------------|--------------------|------------------|--------------------|------------------|--------------------|------------------|
|       |                         | No. ofOTS Accounts | Amount Recovered | No. ofOTS Accounts | Amount Recovered | No. ofOTS Accounts | Amount Recovered |
| 1     | AllahabadBank           | 76,301             | 319              | 53,786             | 251              | 70,270             | 277              |
| 2     | Andhra Bank             | 54,810             | 409              | 46,935             | 389              | 36,908             | 378              |
| 3     | Bank ofBaroda           | 41,863             | 373              | 64,406             | 502              | 71,407             | 747              |
| 4     | Bank ofIndia            | 27,806             | 860              | 35,307             | 338              | 90,364             | 695              |
| 5     | Bank ofMaharashtra      | 16,536             | 142              | 18,426             | 165              | 21,921             | 552              |
| 6     | CanaraBank              | 23,171             | 331              | 50,957             | 699              | 14,481             | 378              |
| 7     | CentralBank ofIndia     | 88,411             | 346              | 1,02,056           | 431              | 1,38,250           | 1,087            |
| 8     | Corporation Bank        | 9,098              | 140              | 1,247              | 17               | 4,014              | 151              |
| 9     | DenaBank                | 6,458              | 65               | 7,604              | 66               | 7,100              | 143              |
| 10    | IndianBank              | 7,565              | 397              | 17,158             | 194              | 32,656             | 321              |
| 11    | IndianOverseasBank      | 11,741             | 209              | 14,798             | 194              | 10,765             | 200              |
| 12    | OrientalBankof Commerce | 14,182             | 185              | 6,077              | 109              | 10,299             | 480              |
| 13    | Punjab&SindBank         | 728                | 40               | 577                | 40               | 6,073              | 119              |
| 14    | PunjabNationalBank      | 84,173             | 1,276            | 90,165             | 1,133            | 2,46,909           | 1,379            |
| 15    | SyndicateBank           | 53,048             | 621              | 69,807             | 782              | 51,617             | 643              |
| 16    | UCOBank                 | 38,232             | 214              | 28,918             | 534              | 36,270             | 228              |
| 17    | UnionBank ofIndia       | 91,221             | 327              | 88,359             | 599              | 87,448             | 828              |
| 18    | UnitedBank ofIndia      | 44,398             | 147              | 48,007             | 177              | 50,701             | 147              |
| 19    | VijayaBank              | 8,754              | 70               | 4,023              | 165              | 6,270              | 216              |
| Total | Total                   | 6,98,496           | 6,469            | 7,48,613           | 6,784            | 9,93,723           | 8,970            |

Source: Nationalised Banks

Amount in  crore  Rupees

## Lok Sabha Unstarred  Question  no. 2905,  for  3.8.2018 Number of One Time Settlements  of nationalised banks

|   SN | State / Unionterritory    | 2015-16   | 2016-17   | 2017-18   |
|------|---------------------------|-----------|-----------|-----------|
|    1 | Andaman andNicobarIslands | 71        | 89        | 137       |
|    2 | AndraPradesh              | 52,264    | 63,161    | 58,357    |
|    3 | ArunachalPradesh          | 56        | 246       | 130       |
|    4 | Assam                     | 14,546    | 15,881    | 24,319    |
|    5 | Bihar                     | 66,085    | 71,666    | 1,33,875  |
|    6 | Chandigarh                | 1,633     | 1,277     | 1,466     |
|    7 | Chhattisgarh              | 9,001     | 8,625     | 17,122    |
|    8 | Dadarand NagarHaveli      | -         | 1         | 1         |
|    9 | DamanandDiu               | 1         | 2         | 4         |
|   10 | Delhi                     | 2,184     | 3,581     | 4,571     |
|   11 | Goa                       | 1,873     | 2,713     | 1,322     |
|   12 | Gujarat                   | 27,157    | 29,759    | 30,705    |
|   13 | Haryana                   | 23,342    | 21,446    | 30,848    |
|   14 | HimachalPradesh           | 2,463     | 2,366     | 3,563     |
|   15 | JammuandKashmir           | 588       | 606       | 1,587     |
|   16 | Jharkhand                 | 18,790    | 26,744    | 41,124    |
|   17 | Karnataka                 | 27,075    | 30,119    | 26,574    |
|   18 | Kerala                    | 26,602    | 28,548    | 26,247    |
|   19 | Madya Pradesh             | 48,945    | 48,374    | 69,063    |
|   20 | Maharashtra               | 35,819    | 45,396    | 59,668    |
|   21 | Manipur                   | 459       | 662       | 881       |
|   22 | Meghalaya                 | 345       | 461       | 589       |
|   23 | Mizoram                   | 121       | 223       | 167       |
|   24 | Nagaland                  | 319       | 438       | 538       |
|   25 | Odisha                    | 43,513    | 32,582    | 41,485    |
|   26 | Puducherry                | 1,390     | 1,374     | 882       |
|   27 | Punjab                    | 8,230     | 9,240     | 16,021    |
|   28 | Rajasthan                 | 24,547    | 19,775    | 32,897    |
|   29 | Sikkim                    | 502       | 222       | 131       |
|   30 | Tamil Nadu                | 42,017    | 59,334    | 85,618    |
|   31 | Telangana                 | 30,613    | 39,776    | 31,300    |
|   32 | Tripura                   | 3,212     | 3,366     | 2,686     |
|   33 | Uttar Pradesh             | 99,192    | 99,062    | 1,56,249  |
|   34 | Uttarakhand               | 4,118     | 2,619     | 12,586    |
|   35 | WestBengal                | 81,425    | 78,882    | 81,011    |

Source: Nationalised Banks