Rajeev Chandrasekhar's official website - Member of Parliament

 

GOVERNMENT OF INDIA

Ministry of Finance

DEPARTMENT OF FINANCIAL SERVICES

 RAJYA SABHA

UNSTARRED QUESTION NO 310

TO BE ANSWERED ON THE 7TH JULY, 2009 / ASADHA 16, 1931 (SAKA)

 Retail Asset Delinquencies

310 SHRI RAJEEV CHANDRASEKHAR:

Will the Minister of FINANCE be pleased to state

(a)  the details of retail asset delinquencies with respect to credit cards and home loans in Indian Banks over the last two years, bankwise; and

(b)the number of cases of unlawful coercion by debt collectors on banks that the Reserve Bank of India has acted on since its guidelines for the same were Issued, with details thereof?

ANSWER

 The Minister of State in the Ministry of Finance

(Shri Namo Narain Meena)

 

(a)  The consolidated data on retail asset delinquencies with respect to credit cards and home loans in Indian banks over last two years are given in Table below -

 (Amount Rs in crore)

Retail Loan Details

March-08

March-09

Housing Loan – Credit Outstanding

2,34,069

2,59,838

Housing Loan – Impaired Credit

5,409

5,958

Credit Card Receivables – Credit Outstanding

13,714

14,370

Credit Card Receivables – Impaired Credit

2,037

2,867

 (b)        The information is being collected and will be laid on the Table of the House to the extent available.