GOVERNMENT OF INDIA |
Ministry of Finance |
DEPARTMENT OF FINANCIAL SERVICES
|
RAJYA SABHA |
UNSTARRED QUESTION NO. 2601 |
TO BE ANSWERED ON 28TH JULY, 2009/06 SRAVANA, 1931 (SAKA) |
Exposure of the Banking Sector to Realty. |
2601. |
SHRI RAJEEV CHANDRASEKHAR |
|
|
Will the Minister of FINANCE be pleased to state:-
(a) the present total quantum and growth rate of real estate assets in the Indian banking sector for the last three years ending 31 March, 2009, bank wise; and
(b) the steps Government is taking to mitigate the risks of over-exposure of the banking sector to realty?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI NAMO NARAIN MEENA)
(a) As reported by the Reserve Bank of India (RBI), the total bank-groupwise exposure of major Scheduled Commercial Real Estate Sector during the last three years and the growth of credit to this sector was as follows:-
Amount outstanding as at end of
(Rs. Crores)
Mar, 07 |
Mar, 08 |
Mar, 09 |
44,079 (65%) |
63,314 (43.6%) |
91,575 (44.6%) |
(Note : Growth of credit is given in brackets)
The bank-wise information is at Annexure – I.
(b): As a prudential measure aimed at better risk management, the RVI, has advised banks to fix limits on their exposure to Real Estate Sector and has prescribed regulatory limits on bank’s exposure to individual and group borrowers. The Banks should also ensure that the bank credit is used for productive construction activity and not for any activity connected with speculation in real estate.
Annexure - 1 | |||||||||||||||
Credit to Real Estate - Bank-wise | |||||||||||||||
(Rs. Crore) | |||||||||||||||
Outstanding Credit at the end of | Year on Year Variation | ||||||||||||||
Sr. No. | Banks | Mar-06 | Mar-07 | Mar-08 | Mar-09 | May-08 | May-09 | Mar-07 | Mar-08 | Mar-09 | May-09 | ||||
Amount | Percent | Amount | Percent | Amount | Percent | Amount | Percent | ||||||||
1 | State Bank of India | 2714 | 4082 | 6035 | 9620 | 6062 | 10467 | 1368 | 50.4 | 1953 | 47.8 | 3585 | 59.4 | 4405 | 72.7 |
2 | State Bank of Bikaner & Jaipur | 214 | 509 | 800 | 879 | 798 | 874 | 295 | 137.9 | 291 | 57.2 | 79 | 9.9 | 76 | 9.5 |
3 | State Bank of Hyderabad | 105 | 490 | 1035 | 1195 | 1111 | 1389 | 385 | 366.7 | 545 | 111.2 | 160 | 15.5 | 278 | 25 |
4 | State Bank of Mysore | 152 | 344 | 749 | 623 | 528 | 907 | 192 | 126.3 | 405 | 117.7 | -126 | -16.8 | 379 | 71.8 |
5 | State Bank of Patiala | 118 | 320 | 1279 | 493 | 1195 | 471 | 202 | 171.2 | 959 | 299.6 | -786 | -61.4 | -724 | -60.6 |
6 | State Bank of Saurashtra | 27 | 124 | 195 | * | 471 | * | 97 | 359.3 | 71 | 57.3 | * | * | * | * |
7 | State Bank of Travancore | 175 | 403 | 596 | 546 | 561 | 555 | 228 | 130.3 | 193 | 47.9 | -50 | -8.4 | -6 | -1.1 |
8 | State Bank of Indore | 154 | 348 | 471 | 345 | 492 | 380 | 194 | 126 | 123 | 35.3 | -126 | -26.8 | -112 | -22.8 |
9 | Bank of Baroda | 263 | 365 | 513 | 1706 | 806 | 1894 | 102 | 39 | 148 | 40.5 | 1193 | 232.6 | 1088 | 135 |
10 | Allahabad Bank | 633 | 1687 | 2480 | 2455 | 2255 | 2569 | 1054 | 166.5 | 793 | 47 | -25 | -1 | 314 | 13.9 |
11 | Bank of India | 461 | 712 | 1852 | 4061 | 1859 | 4305 | 251 | 54.4 | 1140 | 160.1 | 2209 | 119.3 | 2446 | 131.6 |
12 | Bank of Maharashtra | 276 | 662 | 635 | 618 | 611 | 584 | 386 | 139.9 | -27 | -4.1 | -17 | -2.7 | -27 | -4.4 |
13 | Canara Bank | 853 | 1289 | 2639 | 3158 | 3608 | 3153 | 436 | 51.1 | 1350 | 104.7 | 519 | 19.7 | -455 | -12.6 |
14 | Dena Bank | 33 | 103 | 150 | 544 | 198 | 533 | 70 | 212.1 | 47 | 45.6 | 394 | 262.7 | 335 | 169.2 |
15 | Indian Bank | 370 | 803 | 1391 | 4027 | 1669 | 4036 | 433 | 117 | 588 | 73.2 | 2636 | 189.5 | 2367 | 141.8 |
16 | Indian Overseas Bank | 1709 | 3088 | 3280 | 4162 | 3967 | 4568 | 1379 | 80.7 | 192 | 6.2 | 882 | 26.9 | 601 | 15.1 |
17 | Central Bank of India | 249 | 989 | 1822 | 4118 | 1037 | 3744 | 740 | 297.2 | 833 | 84.2 | 2296 | 126 | 2707 | 261 |
18 | Union Bank of India | 896 | 1302 | 1629 | 3336 | 1969 | 3190 | 406 | 45.3 | 327 | 25.1 | 1707 | 104.8 | 1221 | 62 |
19 | Punjab National Bank | 1167 | 1448 | 5994 | 10369 | 2255 | 11030 | 281 | 24.1 | 4546 | 314 | 4375 | 73 | 8775 | 389.1 |
20 | United Bank of India | 320 | 265 | 330 | 724 | 343 | 791 | -55 | -17.2 | 65 | 24.5 | 394 | 119.4 | 448 | 130.6 |
21 | UCO Bank | 764 | 910 | 1049 | 508 | 615 | 705 | 146 | 19.1 | 139 | 15.3 | -541 | -51.6 | 90 | 14.6 |
22 | Syndicate Bank | 787 | 1650 | 1992 | 2512 | 2402 | 2649 | 863 | 109.7 | 342 | 20.7 | 520 | 26.1 | 247 | 10.3 |
23 | Andra Bank | 313 | 515 | 581 | 841 | 654 | 2030 | 202 | 64.5 | 66 | 12.8 | 260 | 44.8 | 1376 | 210.4 |
24 | Corporation Bank | 1607 | 2246 | 2582 | 2681 | 2369 | 3112 | 639 | 39.8 | 336 | 15 | 99 | 3.8 | 743 | 31.4 |
25 | Oriental Bank of Commerce | 512 | 1296 | 1494 | 3851 | 1243 | 4485 | 784 | 153.1 | 198 | 15.3 | 2357 | 157.8 | 3242 | 260.8 |
26 | Punjab & Sind Bank | 542 | 856 | 1124 | 1611 | 1208 | 1570 | 314 | 57.9 | 268 | 31.3 | 487 | 43.3 | 362 | 30 |
27 | Vijaya Bank | 446 | 729 | 3049 | 3921 | 3188 | 3711 | 283 | 63.5 | 2320 | 318.2 | 872 | 28.6 | 523 | 16.4 |
28 | IDBI | 148 | 18 | 1096 | 2544 | 1175 | 1424 | -130 | -87.8 | 1078 | 5986.7 | 1448 | 132.2 | 249 | 21.2 |
29 | Standard Chartered Bank | 699 | 2103 | 1943 | 2602 | 2100 | 2661 | 1404 | 200.9 | -160 | -7.6 | 659 | 33.9 | 561 | 26.7 |
30 | Citibank NA | 1182 | 399 | 346 | 407 | 352 | 484 | -783 | -66.2 | -53 | -13.3 | 61 | 17.6 | 132 | 37.5 |
31 | HSBC | 307 | 439 | 554 | 730 | 425 | 702 | 132 | 43 | 115 | 26.2 | 176 | 31.8 | 277 | 65.2 |
32 | Deutsche Bank | - | 75 | 203 | - | 356 | - | 75 | 0 | 128 | 170.7 | -203 | -100 | -356 | -100 |
33 | Calyon Bank | 5 | 3 | 13 | 7 | 13 | 7 | -2 | -40 | 10 | 333.3 | -6 | -46.2 | -6 | -46.2 |
34 | Axis Bank | 883 | 1437 | 2593 | 4658 | 3514 | 4466 | 554 | 62.7 | 1156 | 80.4 | 2065 | 79.6 | 952 | 27.1 |
35 | IndusInd Bank | 45 | 63 | 99 | 299 | 78 | 278 | 18 | 40 | 36 | 57.1 | 200 | 202 | 200 | 256.4 |
36 | ICICI | 4432 | 7322 | 5920 | 5092 | 5712 | 4904 | 2890 | 65.2 | -1402 | -19.1 | -828 | -14 | -808 | -14.1 |
37 | Bank of Rajasthan | 403 | 318 | 525 | 543 | 525 | 524 | -85 | -21.1 | 207 | 65.1 | 18 | 3.4 | -1 | -0.2 |
38 | Catholic Syrian | 48 | 78 | 158 | 152 | 145 | 133 | 30 | 62.5 | 80 | 102.6 | -6 | -3.8 | -12 | -8.3 |
39 | Karur Vysya Bank | 139 | 244 | 212 | 380 | 273 | 384 | 105 | 75.5 | -32 | -13.1 | 168 | 79.2 | 111 | 40.7 |
40 | Tamilnadu Mercantile Bank | 8 | 28 | 32 | 161 | 36 | 166 | 20 | 250 | 4 | 14.3 | 129 | 403.1 | 130 | 361.1 |
41 | Federal Bank | 218 | 338 | 420 | 869 | 588 | 578 | 120 | 55 | 82 | 24.3 | 449 | 106.9 | -10 | -1.7 |
42 | Karnataka Bank | 636 | 910 | 758 | 820 | 723 | 829 | 274 | 43.1 | -152 | -16.7 | 62 | 8.2 | 106 | 14.7 |
43 | South Indian Bank | 84 | 148 | 234 | 238 | 223 | 230 | 64 | 76.2 | 86 | 58.1 | 4 | 1.7 | 7 | 3.1 |
44 | ING Vysya Bank | 367 | 640 | 479 | 556 | 486 | 523 | 273 | 74.4 | -161 | -25.2 | 77 | 16.1 | 37 | 7.6 |
45 | Jammu & Kashmir Bank | 929 | 1188 | 1111 | 1076 | 1103 | 981 | 259 | 27.9 | -77 | -6.5 | -35 | -3.2 | -122 | -11.1 |
46 | HDFC | 78 | 106 | 251 | 776 | 250 | 757 | 28 | 35.9 | 145 | 136.8 | 525 | 209.2 | 507 | 202.8 |
47 | The Bank of Nova Scotia | 2 | - | - | - | - | - | -2 | -100 | 0 | 0 | 0 | 0 | 0 | 0 |
48 | BNP Paribas | 25 | 23 | 32 | 27 | 42 | 64 | -2 | -8 | 9- | 39.1 | -5 | -15.6 | 22 | 52.4 |
49 | ABN AMRO Bank | 209 | 664 | 590 | 734 | 555 | 702 | 455 | 217.7 | -74 | -11.1 | 144 | 24.4 | 147 | 26.5 |
TOTAL | 26707 | 44079 | 63314 | 91575 | 62148 | 94499 | 17373 | 65.1 | 19235 | 43.6 | 28455 | 44.6 | 32351 | 52.1 | |
* State Bank of Saurashtra merged with State Bank of India |