Lok Sabha Question No. 467 (UNSTARRED), answered on 2018-07-20
Subject: RBI Report on Bad Loans and Fraud
Ministry: FINANCE
Asked by: ELUMALAI VELLAIGOUNDER, M. UDHAYAKUMAR

## GOVERNMENT  OF INDIA

## MINISTRY  OF FINANCE DEPARTMENT  OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED  QUESTION  NO.  467

## RBI Report  on Bad Loans and Fraud

TO BE ANSWERED  ON THE 20 TH  JULY  2018/ ASHADHA  29, 1940 (SAKA)

467. SHRI V. ELUMALAI:

ADV.  M. UDHAYAKUMAR:

Will  the Minister  of FINANCE  be pleased to state:

- (a) whether  according  to Reserve  Bank  of India report,  bad loans at banks  will rise further  this  fiscal,  if so, the details  thereof;
- (b) whether  more than  23000 cases of fraud involving  Rs. 1 lakh  crore  have been  reported   in  the  past  five  years in  various   banks   and  if  so,  the  details thereof;
- (c) whether  the highest  ever amount  of Rs. 28,459 crore  have been involved in these cases of fraud  reported  from April, 2017 to March,  2018; and
- (d) if so, the details  thereof?

## ANSWER Minister of State in the Ministry  of Finance

## (SHRI SHIV PRATAP  SHUKLA)

- (a):  According   to  the  Financial   Stability Report   of  the  Reserve   Bank of  India (RBI), stress tests indicate  that  under  the baseline  scenario,  the gross NPA  ratio of all Scheduled  Commercial  Banks (SCBs) may  increase  from 11.6% in March 2018 to 12.2% by March  2019. These results  were  the outcome  of macro stress tests done to estimate  banking  sector  resilience  under various scenarios.
- (b) to (d): As per RBI, Scheduled  Commercial Banks report  cases of fraud where the amount  involved  is above Rs. 1 lakh  to RBI and they  reported  24,593 cases, involving  a total  amount  of Rs. 1,13,054 crore,  in the past five financial  years. Details   are  at  Annex-I.   It  may   be  noted   that   fraud   data  is  by   the  year   of reporting  and not the year  of occurrence  of the fraud or sanction  of loan,  Letter of Undertaking etc.,  which  may  be of an earlier  period. E.g., the fraud in PNB's Brady  House  branch  was reported  in February  2018 but is a continuing  fraud since 2011.

## Lok Sabha Unstarred  Question  No. 467  for  20.7.2018

## Data of fraud  reported  by banks, wherein  amount  involved  in each individual  fraud  is Rs. 1 lakh and above

|                                            | 2013-14      | 2013-14                     | 2014-15      | 2014-15                     | 2015-16      | 2015-16                     | 2016-17      | 2016-17                     | 2017-18      | 2017-18               |
|--------------------------------------------|--------------|-----------------------------|--------------|-----------------------------|--------------|-----------------------------|--------------|-----------------------------|--------------|-----------------------|
| Bank name                                  | No of frauds | Amount Involved in Rs Lakhs | No of frauds | Amount Involved in Rs Lakhs | No of frauds | Amount Involved in Rs Lakhs | No of frauds | Amount Involved in Rs Lakhs | No of frauds | Amou Involv in R Lakh |
| Abu Dhabi Commercial Bank                  | 1            | 51                          | 1            | 6.91                        | 1            | 2488.94                     | 0            | 0                           | 0            |                       |
| Allahabad Bank                             | 95           | 61806                       | 47           | 7597.64                     | 23           | 29090.8                     | 60           | 89508.67                    | 41           | 152532.               |
| American Express Banking Corp.             | 218          | 2121.99                     | 176          | 1007.51                     | 187          | 641.83                      | 166          | 558.54                      | 349          | 1175.                 |
| Andhra Bank                                | 38           | 21430.3                     | 52           | 51148.1                     | 44           | 25045.9                     | 64           | 24560.11                    | 52           | 134517.               |
| AU Small Finance Bank                      | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0                           | 5            | 285.                  |
| Axis Bank                                  | 193          | 47374.3                     | 187          | 33713.5                     | 227          | 33836.4                     | 222          | 202037.9                    | 269          | 59957.                |
| Bandhan Bank Limited                       | 0            | 0                           | 0            | 0                           | 1            | 11.55                       | 13           | 155.56                      | 22           | 249.                  |
| Bank Internasional Indonesia               | 0            | 0                           | 0            | 0                           | 0            | 0                           | 1            | 1778.18                     | 0            | 0.                    |
| Bank of America                            | 1            | 10.5                        | 0            | 0                           | 0            | 0                           | 0            | 0                           | 18           | 39.                   |
| Bank of Bahrain & Kuwait                   | 0            | 0                           | 0            | 0                           | 0            | 0                           | 1            | 6.97                        | 0            | 0.                    |
| Bank of Baroda                             | 204          | 45315.7                     | 303          | 122602                      | 255          | 166810                      | 224          | 116484.7                    | 156          | 370028.               |
| Bank of India                              | 100          | 22690.3                     | 131          | 9244.37                     | 156          | 121758                      | 162          | 277400.7                    | 157          | 261976.               |
| Bank of Maharashtra                        | 33           | 2153.52                     | 50           | 23905.6                     | 45           | 130773                      | 75           | 42502.25                    | 62           | 108236.               |
| Bank of Nova Scotia                        | 0            | 0                           | 0            | 0                           | 0            | 0                           | 1            | 13                          | 0            | 0.                    |
| Bank of Tokyo Mitsubishi, UFJ              | 0            | 0                           | 0            | 0                           | 0            | 0                           | 1            | 123.96                      | 1            | 18.                   |
| Barclays Bank                              | 1            | 123.84                      | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0.                    |
| Bhartiya Mahila Bank Ltd.                  | 0            | 0                           | 0            | 0                           | 0            | 0                           | 4            | 54.77                       | 0            | 0.                    |
| BNP Paribas                                | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0.                    |
| Canara Bank                                | 81           | 18029.6                     | 114          | 17563.2                     | 94           | 158978                      | 119          | 61016.51                    | 107          | 19241.                |
| Bank                                       |              |                             |              | 18.2                        | 0            |                             | 0            | 0                           | 0            | 0.                    |
| Capital Small Finance Catholic Syrian Bank | 0 8          | 0 2582.29                   | 2 8          | 179.45                      | 11           | 0 917.09                    | 39           | 2044.79                     | 29           | 11755.                |
| Central Bank of India                      | 156          | 82328.5                     | 214          | 214972                      | 167          | 17729.6                     | 146          | 86786.13                    | 143          | 140017.               |
| Chinatrust Commercial Bank Citibank        | 1            | 475                         | 3            | 11165.3                     | 1            | 2000                        | 0            | 0                           | 0            | 0.                    |
| City Union Bank                            | 101          | 1307.15                     | 94           | 848.88                      | 115          | 510.51                      | 177          | 1171.58                     | 226          | 2212.                 |
| Bank                                       | 5            | 226.57                      | 2            | 644.19                      | 5            | 1208.67                     | 3            | 2303.36 69407.57            | 7 70         | 4405. 130151.         |
| Corporation                                | 77           | 27827.8                     | 73           | 122209                      | 135          | 132199                      | 83 1         | 8.19                        |              | 0.                    |
| DBS Bank Dena Bank                         | 3 36         | 14356.2                     | 3 41         | 3442.4                      | 3            | 7111.53                     | 43           | 46809.33                    | 0 27         | 10207.                |
| Deutsche Bank(Asia)                        | 2            | 16281                       | 2            | 40015.9 15.25               | 21 1         | 7102.43 1.5                 | 1            | 6.17                        | 6            | 9555.                 |
| Development Credit Bank                    | 8            | 13.69 29.86                 | 2            | 4.08                        | 14           | 459.35                      |              | 0                           | 10           | 276.                  |
| Dhanalakshmi Bank                          | 15           | 6320.46                     | 7            | 7284.13                     | 4            | 556.12                      | 0 6          | 9085.09                     | 8            | 1175.                 |
| Doha Bank Qsc                              | 0            | 0                           | 0            | 0                           | 0            | 0                           | 3            | 897.94                      | 0            | 0.                    |
| Equitas Small Finance Bank                 | 0            | 0                           | 0            | 0                           | 0            | 0                           | 2            | 201.52                      | 15           | 198.                  |
| ESAF Small Finance Bank                    | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0                           | 1            | 4.                    |
| Export Import Bank of India                | 1            | 10000                       | 3            | 13474.3                     | 0            | 0                           | 2            | 10878.83                    | 1            | 1986.                 |
| Federal Bank                               | 37           | 957.32                      | 44           | 8173.99                     | 49           | 8199.81                     | 58           | 25913.14                    | 30           | 529.                  |
| Fincare Small Finance Bank                 | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0                           | 2            | 4.                    |
| Fino Payments Bank Limited                 | 0            | 0                           | 0            | 0                           | 0            | 0                           | 0            | 0                           | 3            | 90.                   |
| FirstRand Bank                             | 0            | 0                           | 0            | 0                           | 0            | 0                           | 2            | 2711.65                     | 0            | 0.                    |
| HDFC Bank                                  | 164          | 1525.96                     | 218          | 1753.29                     | 260          | 9728.98                     | 313          | 16034.61                    | 370          | 13753.                |
| HSBC                                       | 116          | 8017.17                     | 38           | 2645.75                     | 36           | 8611.77                     | 48           | 99.13                       | 276          | 576.                  |
| ICICI Bank                                 | 485          | 76306.3                     | 433          | 26977.2                     | 588          | 34771.5                     | 686          | 41269.94                    | 754          | 58015.                |
| IDBI Bank Ltd.                             | 92           | 62554.2                     | 56           | 55795.1                     | 129          | 26205.3                     | 107          | 113683.51                   | 177          | 133796.               |
| Idfc Bank Limited                          | 0            | 0                           | 0            | 0                           | 0            | 0                           | 3            | 39.1                        | 1            | 1.                    |
| Indian Bank                                | 54           | 4348.64                     | 95           | 9103.97                     | 87           | 13805.6                     | 79           | 48022.73                    | 53           | 2754.                 |
| Indian Overseas Bank                       | 125          | 48473.4                     | 138          | 57564.1                     | 109          | 59833                       | 95           | 137210.69                   | 67           | 102548.               |
| Indusind Bank                              | 27           | 2963.63                     | 14           | 13340.8                     | 21           | 528.9                       | 23           | 289.6                       | 28           | 2193.                 |
| ING Vysya Bank                             | 14           | 3958.47                     | 35           | 619.22                      | 0            | 0                           | 0            | 0                           | 0            | 0.                    |
| Jammu & Kashmir Bank                       | 7            | 662.01                      | 7            | 90286.7                     | 14           | 866.55                      | 23           | 31147.54                    | 14           | 21510.                |
| Karnataka Bank                             | 21           | 1548.11                     | 22           | 2212.52                     | 15           | 9195.72                     | 25           | 3103.62                     | 15 12        | 21455.                |
| Karur Vysya Bank                           | 11           | 148.57                      | 16           | 12316.2                     | 21           | 18243.3                     | 21           | 1782.35                     |              | 1921.                 |
| Korea Exchange Bank                        | 0            | 0                           | 0            | 0                           | 0            | 0                           | 2            | 2.28                        | 0            | 0.                    |
| Kotak Mahindra Bank                        | 80           | 11528                       | 56           | 5896.64                     | 114          | 4502.13                     | 126          | 11154.66                    | 269          | 5675.                 |
| Krishna Bhima Samruddhi Lab                | 0            | 0                           | 1            | 1.02                        | 0            | 0                           | 0            | 0                           | 1            | 3. 7085.              |
| Lakshmi Vilas Bank                         | 6            | 7072.67                     | 5            | 5449.3                      | 12           | 2201.14                     | 13           | 10995.43                    | 36 0         |                       |
| Mashreqbank                                | 0            | 0                           | 0            | 0                           | 1            | 3.66                        | 0            | 0                           |              | 0. 28.                |
| Nainital Bank                              | 3            | 80.07                       | 5            | 55.23                       | 21           | 187.81                      | 4            | 35.91                       | 0            |                       |
| Oman International Bank                    | 0            | 0                           | 1            | 32.91                       | 0            | 0                           | 0            | 0                           | 6            | 0.                    |

| Oriental Bank of Commerce            |   92 |   5352.37 |   127 |   76483.8 |   114 |   80729.6 |   56 |   16276.83 |   226 |   65222. |
|--------------------------------------|------|-----------|-------|-----------|-------|-----------|------|------------|-------|----------|
| Punjab and Sind Bank                 |   30 |   6979.19 |    30 |   3916.14 |    12 |  13193.9  |   16 |   17878.3  |    22 |     9032 |
| Punjab National Bank                 |  239 |  55838.3  |   180 | 230973    |   131 |  35285.2  |  158 |  280827    |   169 |   152143 |
| Rabobank International               |    0 |      0    |     0 |      0    |     0 |      0    |    0 |       0    |     1 |     2000 |
| Ratnakar Bank Ltd                    |    5 |   1518.56 |    15 |    905    |    10 |    383.54 |   13 |     315.44 |    15 |      225 |
| Royal Bank of Scotland               |   11 |     41.41 |     2 |     19.48 |     7 |     11.04 |    1 |       1    |     0 |        0 |
| Shinhan Bank                         |    0 |      0    |     0 |      0    |     2 |    584.16 |    0 |       0    |     0 |        0 |
| Small Industries Dev. Bank of India  |    6 |    674.13 |     7 |   1109.28 |     2 |   4531.85 |    3 |    1130.86 |    10 |     6350 |
| South Indian Bank                    |   20 |   1151.4  |     9 |   1707.47 |     7 |    158.22 |    7 |   31396.3  |     8 |     9453 |
| Standard Chartered Bank              |  104 |  48028.4  |    81 |   8737.96 |   127 |    366.03 |  320 |     651.87 |    95 |     1651 |
| State Bank of Bikaner & Jaipur       |   43 |  14892.9  |    41 |  46180.6  |    48 |  14772.9  |   38 |   13287.2  |     0 |        0 |
| State Bank of Hyderabad              |   27 |  36508.4  |    31 |   6865.38 |    34 |  67366.7  |   38 |   11215.6  |     0 |        0 |
| State Bank of India                  |  549 |  90692.4  |   651 | 161854    |   562 | 189551    |  544 |  242237    |   981 |   254197 |
| State Bank of Mauritius              |    1 |   4631.02 |     0 |      0    |     0 |      0    |    0 |       0    |     2 |     8378 |
| Subhadra Local Area Bank             |    0 |      0    |     0 |      0    |     0 |      0    |    0 |       0    |     1 |        1 |
| Suryadaya Small Finance Bank         |    0 |      0    |     0 |      0    |     0 |      0    |    0 |       0    |     8 |       31 |
| State Bank of Mysore                 |   20 |   9282.68 |    97 |   9074.73 |    67 |   2172.85 |   92 |   27977.1  |     0 |        0 |
| State Bank of Patiala                |   40 |   9885.16 |    39 |  29030.3  |    40 |  41319.9  |   47 |    3583.37 |     0 |        0 |
| State Bank of Travancore             |   33 |  11647.8  |    34 |  23623.3  |    19 |  13888    |   44 |    5709.41 |     0 |        0 |
| Syndicate Bank                       |  102 |  13271.8  |   208 |  79310.5  |   178 | 164068    |  166 |   37623.2  |   147 |    54106 |
| Tamilnad Mercantile Bank             |   27 |   5230.11 |    21 |   1262.8  |    12 |    572.14 |   20 |    7478.6  |    29 |    17682 |
| The Industrial Finance Corp of India |    0 |      0    |     1 |   9818.32 |     5 |  25336.1  |    1 |   21486.1  |     1 |     8133 |
| UCO Bank                             |   56 |  36424.1  |    87 | 141098    |    85 |  24814.9  |   59 |   69548.2  |    72 |   123271 |
| Ujjivan Small Finance Bank           |    0 |      0    |     0 |      0    |     0 |      0    |    0 |       0    |    28 |       75 |
| Union Bank of India                  |   85 |   9209.21 |   111 |  36982.7  |   146 | 129773    |  111 |   92072.3  |    73 |   114802 |
| United Bank of India                 |  125 |  34898    |   128 |  68035.2  |    67 |  14266.7  |   30 |    8382.14 |    62 |    88137 |
| Utkarsh Small Finance Bank           |    0 |      0    |     0 |      0    |     0 |      0    |    0 |       0    |     6 |       17 |
| Vijaya Bank                          |   59 |   6187.44 |    35 |  35174.4  |    21 |  10465.4  |   58 |   13271.6  |    19 |     3101 |
| Yes Bank                             |   12 |   1736.34 |     5 |     58.26 |    10 |    154.7  |    7 |    1738.01 |     8 |       67 |

Note:Fraud  data is by the year of reporting  and not the year of occurrence of the fraud or sanction of loan, Letter of Undertaking  etc., which may be of an earlier   period. E.g., the  fraud   in  PNB's Brady House branch was reported  in February  2018  but is a continuing  fraud  since 2011.