Lok Sabha Question No. 1346 (UNSTARRED), answered on 2018-02-09
Subject: Credit Card Issued by PSBs
Ministry: FINANCE
Asked by: BANSHILAL MAHTO

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA

## UNSTARRED QUESTION No. 1346 TO BE ANSWERED ON 9 FEBRUARY 2018 (FRIDA YYMAGHA 20, 1939 (SAKA)

## Credit Card Issued by PSBs

## 1346. DR. BANSHILAL MAHATO:

Will the Minister of FINANCE be   pleased to state:

- (a) the norms adopted by the Public Sector Banks (PSBs) to issue credit cards;
- the amount of loan provided through these credit cards along with the percentage of the loans disbursed out of total loan; and
- (b) the  number of credit cards issued by the PSBs during the last three years and the current year, bank-wise;
- the details of non-performing assets as a result of non-payment of outstanding dues through these credit cards?

## Answer

## The Minister of State in the Ministry of Finance (SHRI SHIV PRATAP SHUKLA)

- (a) Reserve Bank of India (RBI) circular DBR NoFSDBC.18/24.01.009/ 2015-16 dated July 1, 2015 incorporates the norms regarding credit cards issued by public sector banks: As per this, banks in India can undertake credit card business either departmentally Or through a subsidiary company set up for the purpose: can also undertake domestic credit card business by entering into with one of the banks already having arrangements for issue of credit cards. Banks desirous of undertaking credit card business, either independently or in arrangement with other card issuing banks, can do so with the approval of their Boards and approval of RBI is not needed However; banks desirous of setting up separate subsidiaries for undertaking credit card business would require approval of RBI RBI guidelines also that only banks with net worth of Rs.100 crore and above should undertake credit card business. Each bank must have a well documented policy and a Fair Practices Code for credit card operations. They tie-up tie-up prior prior require
- (b) to (d) Bank-wise details for number of credit card holders, outstanding loans and non performing assets during the last three years and the current year; are given in Annexure

| Bank Bank Group Name   |                            |                     |         |                                        |                       |                |                                          |                                                         |                 |                           |                        |                                        |                                                     |
|------------------------|----------------------------|---------------------|---------|----------------------------------------|-----------------------|----------------|------------------------------------------|---------------------------------------------------------|-----------------|---------------------------|------------------------|----------------------------------------|-----------------------------------------------------|
| Bank Bank Group Name   | o( Card Holden Outrtanding |                     |         | Total Gross NPAS (RCrores) Outstanding |                       | of Card Holden | Total Total Advance Advances Outstanding | Crcdit Card- Advance Outstanding APAs of Totall Crores) | 0f Card Holdcrs | Total Advance Outstanding | Outstanding Gron Loans | Total Number Tetal Adiance Oulstanding | Loans & Total Advances Advance Outstanding Advances |
| ALLAHABAD BAAK         |                            |                     |         | 0.00                                   |                       |                |                                          |                                                         |                 |                           |                        |                                        |                                                     |
| ANDHRA BANK            |                            |                     |         |                                        |                       |                | 178]                                     |                                                         |                 |                           | 04S                    | 186                                    |                                                     |
| BANK QE BARODA         |                            |                     |         |                                        |                       |                |                                          |                                                         |                 |                           |                        | 4496                                   | 00J                                                 |
| BAAK OF INDIA          |                            |                     |         | 0.01                                   |                       |                |                                          |                                                         |                 |                           |                        |                                        |                                                     |
|                        |                            |                     |         | 0.00                                   |                       |                |                                          |                                                         |                 |                           | 00                     |                                        |                                                     |
| BHARATIAMAHILA BANKLID |                            |                     |         |                                        |                       |                |                                          |                                                         |                 |                           |                        |                                        |                                                     |
|                        |                            |                     |         | 0.02                                   |                       |                | 439                                      | 0.04                                                    |                 | 162                       | 00                     |                                        |                                                     |
|                        |                            |                     |         | 0.03                                   | CENIRAL BANK QE INDIA |                |                                          | 004                                                     |                 |                           | 0.03                   |                                        | 0,04                                                |
|                        | 8640                       |                     | Ltos    |                                        |                       |                |                                          |                                                         |                 |                           |                        |                                        | 005                                                 |
| IDENA BANK             |                            |                     |         |                                        |                       |                |                                          | 0.40                                                    | 498             |                           | 0.00                   |                                        |                                                     |
|                        | L09                        |                     |         |                                        |                       |                |                                          |                                                         | 20.633          |                           |                        |                                        | UQ                                                  |
|                        |                            |                     |         |                                        |                       |                |                                          | 0.05                                                    |                 |                           | 0.0                    |                                        |                                                     |
|                        |                            |                     |         |                                        |                       |                |                                          | 0.03                                                    |                 |                           |                        | 65.493                                 |                                                     |
|                        |                            |                     |         | 0.4                                    |                       |                |                                          |                                                         |                 |                           |                        |                                        |                                                     |
|                        |                            | PUNJABAND SIND BANK |         |                                        |                       |                |                                          |                                                         |                 |                           |                        |                                        |                                                     |
|                        |                            |                     |         |                                        |                       |                |                                          | 0.0                                                     |                 |                           |                        |                                        |                                                     |
|                        |                            | STATE BANK OF INDLA |         |                                        |                       | 36,20.042      | 1 J96                                    |                                                         |                 |                           |                        | 13,029                                 |                                                     |
|                        |                            |                     | 80.648] |                                        |                       |                |                                          |                                                         |                 |                           | 0.00                   |                                        |                                                     |
|                        |                            |                     |         | 002                                    |                       |                |                                          | 0.04                                                    |                 |                           |                        |                                        |                                                     |
|                        |                            |                     |         |                                        |                       |                |                                          |                                                         |                 |                           | 000                    |                                        |                                                     |
|                        |                            |                     |         | 0.02                                   |                       |                |                                          |                                                         |                 |                           | 0,03                   |                                        | 0 0o                                                |
|                        |                            |                     |         |                                        |                       |                |                                          | 0                                                       |                 |                           |                        |                                        |                                                     |