GOVERNMENT OF INDIA

MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
LOK SABHA
UN-STARRED QUESTION NO. 2311
TO BE ANSWERED ON 1st AUGUST, 2022/ 10 SRAVANA, 1944 (SAKA)

‘BAD LOANS’

2311: DR. SHASHI THAROOR:

Will the Minister of FINANCE be pleased to state:

(a) whether the Ministry has recorded the total amount of bad loans extended to MSMEs over the last three
years in the country;

(b) if so, the details thereof, quarter-wise and State-wise;

(c) whether the Ministry has recorded the active total amount of bad loans which have been extended by
Scheduled Commercial Banks, bank-wise;

(d) if so, the details thereof and if not, the reasons therefor;

(e) whether the Ministry has taken cognizance of the rising bad loans over the past few years and
implemented necessary corrective measures; and

(f) if so, the details thereof and if not, the reasons therefor?

ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(DR. BHAGWAT KARAD)
(a) to (b): As per inputs received from Reserve Bank of India (RBI), the quarter-wise data on MSMEs gross
Non-Performing Assets (NPAs) of Scheduled Commercial Banks (SCBs) from 30.6.2019 to 31.3.2022 is at
Annexure I. Further, RBI has informed that it does not collect / maintain State-wise data, in this regard.

(c) to (d): Bank-wise details of gross NPAs in SCBs during the last three financial years, are at Annexure
II.

(e) to (f): In this regard, comprehensive steps have been taken by the Government for effective action
against and to recover the default amount from defaulters. The steps taken include, inter alia, the following
–

i. Change in credit culture has been effected, with the Insolvency and Bankruptcy Code (IBC)
fundamentally changing the creditor-borrower relationship, taking away control of the defaulting
company from promoters/owners, and debarring wilful defaulters from the resolution process. To make
the process more stringent, personal guarantor to corporate debtor has also been brought under the
ambit of IBC. Under IBC, resolution plans have been approved in 480 cases up to March 2022, with
Rs. 2.34 lakh crore amount realisable by financial creditors.
ii. The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,
2002 has been amended to make it more effective, with provision for three months’ imprisonment in
case the borrower does not provide asset details, and for the lender to get possession of mortgaged
property within 30 days.
 iii. As per RBI instructions, wilful defaulters are not sanctioned any additional facilities by banks or
financial institutions, and their unit is debarred from floating new ventures for five years.
iv. Wilful defaulters and companies with wilful defaulters as promoters/directors have been debarred from
accessing capital markets to raise funds, vide Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2016.
v. Jurisdiction of Debt Recovery Tribunal (DRTs) was increased from Rs. 10 lakh to Rs. 20 lakh to enable
the DRTs to focus on high value cases resulting in higher recovery for the banks and financial
institutions. Six new DRTs have also been established to expedite recovery.
vi. Under the PSB Reforms Agenda, comprehensive and automated Early Warning Systems (EWS) were
instituted in PSBs, with ~80 EWS triggers and use of third-party data for time-bound remedial actions
in the borrowing accounts. Further, PSBs have created Stressed Asset Management Verticals for
stringent recovery, segregated pre- and post-sanction follow-up roles for clean and effective
monitoring, and engaging specialised monitoring agencies for monitoring of large-value accounts.
vii. The Fugitive Economic Offenders Act, 2018 has been enacted to provide for attachment of property of
a fugitive economic offender, confiscation of such offender’s property and disentitlement of the
offender from defending any civil claim.
viii. All Credit Institutions have been mandated by RBI to become members of all credit information
companies (CICs) and submit credit information, including historical data, pertaining to borrowers to
CICs, and the data to be updated regularly and to be shared with other credit institutions.

*****
 Annexure I referred to in Lok Sabha Unstarred question no. 2311, regarding Bad Loans
Quarterly data on MSME Gross NPAs of Scheduled Commercial Banks
Amount
in
Rupees
Crore
Gross NPAs (As on)
30-06- 30-09- 31-12- 31-03- 30-06- 30-09- 31-12- 31-03- 30-06- 30-09- 31-12- 31-03-
2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022*
Total
for
SCBs 164461 147260 154570 162310 154360 145673 136677 182114 184560 165732 159489 154860
Source: Reserve Bank of India

Provisional data as on 31.3.2022

 Annexure II referred to in Lok Sabha Unstarred question no. 2311, regarding Bad Loans

Details of gross Non-Performing Assets of Scheduled Commercial Banks

Amount in Rs. crore
As on As on As on
Bank
31.3.2020 31.3.2021 31.3.2022*
AB Bank Limited 0 0 --
Abu Dhabi Commercial Bank PJSC 0 0 --
American Express Banking Corporation 80 253 227
AU Small Finance Bank Limited 458 1,503 924
Australia and New Zealand Banking Group Limited 25 25 25
Axis Bank Limited 26,604 22,682 18,566
Bandhan Bank Limited 993 5,758 6,380
Bank of America, National Association 0 0 --
Bank of Bahrain and Kuwait B.S.C. 79 14 17
Bank of Baroda (BoB) 69,381 66,671 54,059
Bank of Ceylon 20 33 54
Bank of India 61,550 56,535 45,605
Bank of Maharashtra 12,152 7,780 5,327
Bank of Nova Scotia 68 64 64
Barclays Bank PLC 339 268 111
BNP Paribas 7 7 6
Canara Bank 37,041 60,288 54,436
Syndicate Bank 24,086 Merged with Canara Bank
Capital Small Finance Bank Limited 59 78 117
Catholic Syrian Bank Limited 409 393 290
Central Bank of India 32,589 29,277 28,156
Citibank N.A. 961 991 759
City Union Bank Limited 1,413 1,893 1,933
Cooperatieve Rabobank U.A. 170 372 150
Credit Agricole Corporate and Investment Bank 3 3 3
Credit Suisse AG 0 0 --
CTBC Bank Company Limited 3 2 1
DBS Bank India Limited (DBSIL) 508 488 4,534
Merged
Lakshmi Vilas Bank Limited 4,233 4,845
with DBSIL
Deutsche Bank AG 1,510 1,457 2,732
DCB Bank Limited 632 1,083 1,290
Doha Bank Q.P.S.C 9 27 27
Equitas Small Finance Bank Limited 417 643 837
ESAF Small Finance Bank Limited 101 564 1,024
Federal Bank Limited 3,531 4,602 4,137
Fincare Small Finance Bank Limited 45 354 573
Firstrand Bank Limited 28 28 --
HDFC Bank Limited 12,559 14,999 16,101
Hongkong and Shanghai Banking Corporation Limited 669 913 644
ICICI Bank Limited 40,829 40,841 33,295
IDBI Bank Limited 47,272 36,212 34,115
IDFC First Bank Limited 2,280 4,303 4,469
Indian Bank 14,151 38,455 35,214
Allahabad Bank 27,847 Merged with Indian Bank
Indian Overseas Bank 19,913 16,323 15,299
IndusInd Bank Limited 5,147 5,795 5,517
 As on As on As on
Bank
31.3.2020 31.3.2021 31.3.2022*
Industrial and Commercial Bank of China 35 0 --
Jammu and Kashmir Bank Limited 7,672 6,955 6,521
Jana Small Finance Bank Limited 321 858 757
JPMorgan Chase Bank National Association 0 0 --
JSC VTB Bank 0 0 --
Karnataka Bank Limited 2,800 2,588 2,251
Karur Vysya Bank Limited 4,213 4,143 3,431
KEB Hana Bank 53 40 40
Kotak Mahindra Bank Limited 5,027 7,426 6,470
Mizuho Bank Limited 6 6 6
MUFG Bank Limited 0 0 --
Nainital Bank Limited 536 651 521
North East Small Finance Bank Limited 26 192 190
PT Bank Maybank Indonesia TBK 18 18 --
Punjab and Sind Bank 8,875 9,334 8,565
Punjab National Bank (PNB) 73,479 1,04,423 92,448
Oriental Bank of Commerce 21,751
Merged with PNB
United Bank of India 9,935
Qatar National Bank (Q.P.S.C.) 0 50 53
RBL Bank Limited 2,137 2,602 2,728
Sberbank 92 92 41
SBM Bank (India) Limited 116 88 93
Shinhan Bank 100 128 154
Shivalik Small Finance Bank Limited -- -- 33
Societe Generale 79 79 79
Sonali Bank 5 4 4
South Indian Bank Limited 3,262 4,143 3,648
Standard Chartered Bank 5,151 4,674 3,866
State Bank of India (SBI) 1,49,092 1,26,389 1,12,023
Suryoday Small Finance Bank Limited 101 394 598
Tamilnad Mercantile Bank Limited 1,021 1,085 571
The Dhanalakshmi Bank Limited 401 657 534
The Royal Bank of Scotland PLC -- -- --
UCO Bank 19,282 11,352 10,237
Ujjivan Small Finance Bank Limited 137 1,071 1,284
Union Bank of India (UBI) 49,085 89,788 79,587
Andhra Bank 28,709
Merged with UBI
Corporation Bank 19,399
United Overseas Bank Limited 75 75 75
Utkarsh Small Finance Bank Limited 45 315 648
Woori Bank 0 0 --
Yes Bank Limited 32,878 28,610 27,976
Source: Reserve Bank of India
* Provisional Data as on 31.3.2022
*****