Lok Sabha Question No. 983 (UNSTARRED), answered on 2017-07-21
Subject: Losses Incurred by Banks
Ministry: FINANCE
Asked by: RAMACHANDRAN MULLAPPALLY

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA

## UNSTARRED QUESTION NO.983

TO BE ANSWERED ON THE 21 ST  July 2017/ Ashadha 30, 1939 (SAKA)

## Losses Incurred by Banks

## 983.   SHRI MULLAPPALLY RAMACHANDRAN:

Will the Minister of FINANCE be pleased to state:

- (a) whether the nationalized banks are incurring huge losses during the last two years; and
- (b) if so, the details thereof including profit and loss of nationalized banks in the last two years, Bank-wise?

## ANSWER

The Minister of State in the Ministry of Finance (SHRI SANTOSH KUMAR GANGWAR)

- (a) & (b): The details of profit and loss of Public Sector Banks (PSBs) during 2015-16 and 2016-17 furnished by Reserve Bank of India are as under:-

## (Rs. in crores)

| Bank/Bank Group Name       | Net Profit/Loss (PAT) during   | Net Profit/Loss (PAT) during   |
|----------------------------|--------------------------------|--------------------------------|
|                            | FY 2015-16                     | FY 2016-17                     |
| ALLAHABAD BANK             | -743                           | -314                           |
| ANDHRA BANK                | 540                            | 174                            |
| BANK OF BARODA             | -5,396                         | 1,383                          |
| BANK OF INDIA              | -6,089                         | -1,558                         |
| BANK OF MAHARASHTRA        | 101                            | -1,373                         |
| BHARATIYA MAHILA BANK LTD. | 2                              | 4                              |
| CANARA BANK                | -2,813                         | 1,122                          |
| CENTRAL BANK OF INDIA      | -1,418                         | -2,439                         |
| CORPORATION BANK           | -506                           | 561                            |
| DENA BANK                  | -935                           | -864                           |
| IDBI BANK LIMITED          | -3,665                         | -5,158                         |
| INDIAN BANK                | 711                            | 1,406                          |
| INDIAN OVERSEAS BANK       | -2,897                         | -3,417                         |
| ORIENTAL BANK OF COMMERCE  | 156                            | -1,094                         |
| PUNJAB AND SIND BANK       | 336                            | 201                            |
| PUNJAB NATIONAL BANK       | -3,974                         | 1,325                          |
| SYNDICATE BANK             | -1,643                         | 359                            |
| UCO BANK                   | -2,799                         | -1,851                         |
| UNION BANK OF INDIA        | 1,352                          | 555                            |
| UNITED BANK OF INDIA       | -282                           | 220                            |
| VIJAYA BANK                | 382                            | 750                            |
| STATE BANK OF INDIA        | 9,951                          | 10,484                         |

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