Reserve Bank of India (RBI) guidelines – banks are to have a loan recover policy

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RBI - Central Bank of India
RBI - Central Bank of India

Loan Recoverability of Banks 

As per Reserve Bank of India (RBI) guidelines, banks are to have a loan recover policy, prepared and duly vetted by their boards. A number of mechanisms are available to banks to effect recovery, such as filing of a suit in Civil courts or in Debts Recovery Tribunals and action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. In addition, the Insolvency and Bankruptcy Code, 2016 has been enacted for time-bound resolution of stressed assets. Further, the Banking Regulation Act, 1949 has been amended to provide for authorisation by the Government to RBI, for issuing directions to banks to initiate the insolvency resolution process under the Code, and in pursuance of such directions, banks have filed applications in case of severs/large credit exposures before the National Company Law Tribunal. Further, keeping in view the enactment of the Code, RBI has recently issued a Revised Framework for Resolution of Stressed Assets, which provides for time-bound resolution of high-value stressed accounts.

As per data reported by PSBs, 1,77,614 properties have been attached and auctioned by them and an amount of Rs. 15,196 crore has been recovered during the financial years 2014-15 to 2017-18 (till 31.12.2017).

As per RBI data on global operations, as on 31.12.2017, the details of Gross Loans and Advances of Scheduled Commercial Banks, are given below.

 

Gross Loans and Advances of Scheduled Commercial Banks, as on 31.12.2017

 

 

Amounts in crore Rupees
Bank Name Gross Loans and Advances  
AB Bank Limited 5  
Abu Dhabi CommercialBank PJSC 1,48  
AllahabadBank 1,61,79  
AmericanExpress Banking Corp. 4,46  
Andhra Bank 1,51,49  
Australiaand New Zealand Banking Group Limited 2,21  
Axis Bank Limited 4,32,35  
Bandhan Bank Limited 23,13  
Bank of America, NationalAssociation 13,18  
Bank of Bahrain and Kuwait B.S.C. 1,29  
Bank of Baroda 4,28,71  
Bank of Ceylon 31  
Bank of India 3,79,53  
Bank of Maharashtra 95,169  
Bank of Nova Scotia 3,880  
Barclays Bank PLC 10,500  
BNP Paribas 20,037  
Canara Bank 3,88,518  
CapitalSmall Finance Bank Limited 1,583  
CatholicSyrianBank Ltd. 9,772  
CentralBank of India 1,79,702  
CitibankN.A 57,597  
CityUnionBank Limited 26,089  
CooperatieveRabobankU.A. 2,277  
CorporationBank 1,37,049  
CreditAgricoleCorporateAnd Investment Bank 4,796  
CreditSuisse AG 929  
CTBC Bank CoLtd.. 520  
DBS Bank Ltd. 18,605  
DCB Bank Limited 18,799  
Dena Bank 72,443  
Deutsche Bank AG 38,472  
Doha Bank QSC 631  
Emirates NBD Bank (P.J.S.C.) 277  
Equitas Small Finance Bank Limited 7,166  
Federal Bank Ltd. 85,922  
First Abu Dhabi Bank PJSC  
FirstrandBank Ltd. 319  
HDFC Bank Ltd. 6,36,640  
Hongkongand Shanghai Banking Corpn.Ltd. 45,655  
ICICI Bank Limited 5,27,145  
IDBI Bank Limited 2,04,768  
IDFC Bank Limited 49,398  
Indian Bank 1,53,120  
Indian Overseas Bank 1,51,536  
IndusInd Bank Ltd. 1,29,449  
Industrialand CommercialBank of China 839  
IndustrialBank of Korea 83  
Jammu & Kashmir Bank Ltd. 61,853  
JP Morgan Chase Bank NationalAssociation 10,209  
JSC VTB Bank 12  
KarnatakaBank Ltd. 44,917  
Karur VysyaBank Ltd. 44,836  
KEB Hana Bank 244  
Kotak MahindraBank Ltd. 1,61,086  
Krung Thai Bank PublicCompanyLimited 5  
LakshmiVilas Bank Ltd. 25,231  
Mashreq Bank PSC 167  
Mizuho Bank Ltd. 9,141  
NainitalBank Ltd. 3,463  
NationalAustraliaBank 204  
OrientalBank of Commerce 1,62,512  
Pt Bank MaybankIndonesia TBK 143  
Punjab and Sind Bank 64,273  
Punjab NationalBank 4,74,952  
Qatar NationalBank SAQ  
RBL Bank Limited 37,113  
Sberbank 206  
SBM Bank (Mauritius) Ltd. 1,266  
Shinhan Bank 5,227  
Societe Generale 2,582  
Sonali Bank 35  
South Indian Bank Ltd. 52,184  
Standard CharteredBank 72,956  
State Bank of India 19,24,592  
SumitomoMitsui Banking Corporation 6,812  
SyndicateBank 2,19,449  
TamilnadMercantileBank Ltd. 22,227  
The Bank of Tokyo-MitsubishiUFJ Ltd. 9,821  
The DhanalakshmiBank Ltd. 6,409  
The RoyalBank of Scotland PLC 115  
UCO Bank 1,22,948  
UnionBank of India 3,14,474  
United Bank of India 68,250  
United Overseas Bank Ltd. 807  
VijayaBank 1,10,622  
Westpac Banking Corporation 796  
Woori Bank 960  
Yes Bank Ltd. 1,72,894  
Source: RBI (global operations)  

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