Lok Sabha Question No. 2472 (UNSTARRED), answered on 2022-08-01
Subject: Guarantees given by Telangana
Ministry: FINANCE
Asked by: Uttam Kumar Nalamada Reddy

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

## LOK SABHA UNSTARRED QUESTION NO. 2472

To be answered on the 1 st  August 2022/Sravana 10, 1944 (Saka)

Guarantees given by Telangana

## 2472. SHRI UTTAM KUMAR REDDY NALAMADA:

Will the Minister of FINANCE be pleased to state:

- (a) the details of the quantum of the State Government guarantees given by the Government of Telangana in each year from 2014 to 2022 towards loans drawn by corporations and Public Sector Undertakings of Telangana Government, year-wise and corporation-wise;
- (b) the  total  amount  of  the  State  Government  guarantees  given  towards  borrowings  of  Kaleshwaram Irrigation Project Corporation Limited of Telangana Government;
- (c) the State Government guarantees, the amount of money lent to the Kaleshwaram Irrigation Project Corporation  Limited  by  various  nationalized  banks,  and  the  lending  terms,  interest  rate,  moratorium, repayment period and other details thereof; and
- (d) whether the project being financed has been appraised by the nationalized banks with respect to its lending for Kaleshwaram Irrigation Project to Government of Telangana or Kaleshwaram Irrigation Project Corporation Limited against the State Government guarantee and if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE FOR FINANCE (DR. BHAGWAT KARAD)

(a) to (d): As per inputs received from Public Sector Banks (PSBs), the year-wise details of the quantum of guarantees given by the state government of Telangana towards loans drawn by corporations and public sector undertakings of the state government of Telangana from PSBs from 2014 to 2022 are annexed.

The Reserve Bank of India (RBI) has informed that scheduled commercial banks and all India financial institutions report credit information of all borrowers having aggregate credit exposure of Rs. 5 crore and above to RBI, under its Central Repository of Information on Large Credits (CRILC) database, since quarter ended June 2014. Further, RBI has informed that under the provisions of section 45E of the RBI Act, 1934, RBI  is  prohibited  from  disclosing  borrower-wise  credit  information.  Section  45E  provides  that  credit information submitted by a bank shall be treated as confidential and not be published or otherwise disclosed.

PSBs have informed  that all  term  loans  are  appraised  as  per  the  extant  RBI  guidelines  and  their  Board approved policies with respect to the technical feasibility, financial/commercial viability and bankability of the project and for infrastructure projects the appraisal includes techno-economic valuation reports obtained from reputed external experts.

## Lok  Sabha  Unstarred  Question  no.  2472  for  answer  on  1.8.2022  regarding  'Guarantees  given  by Telangana'

Details of the quantum of guarantees given by the State Government of Telangana towards loans drawn by corporations and public sector undertakings of the State Government of Telangana from Public Sector Banks (PSBs) from 2014 to 2022

| Financial Year         |   2013-14 |   2014-15 | 2015-16   | 2016-17   | 2017-18   | 2018-19   | 2019-20   | 2020-21   | 2021-22   |
|------------------------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|-----------|
| Amount in crore Rupees |         0 |       100 | 1,830.00  | 24,820.61 | 22,689.70 | 11,927.92 | 22,020.91 | 48,294.18 | 35,624.75 |

Source: PSBs.

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