NPA Word DOc

Public sectorBank Private sectorBank

Allahabad BankAxis Bank

Andhra BankDCB

Bank of IndiaDhanlaxmi Bank

BOBFederal Bank

Bank of MaharashtraHDFC Bank

Central BankICICI Bank

Corporation BankInduslnd Bank

Dena BankING Vysya Bank

IDBI BankKarnataka Bank

Indian BankYes Bank

Oriental BankJ&K Bank

PNBLakshmi Vilas Bank

Punjab & Sind BankSouth Indian Bank

Syndicate Bank

UCO Bank

United Bank

Union Bank

Vijaya Bank

SBI

State Bank Bikaner & Jaipur

State Bank Mysore

State Bank Travancore

Listed Banks in BSE 50

WEAK SECTOR

Weak Sectors No of Live Cases (2013) No of Live Cases (2014)Infrastructure 20 25Iron & Steel 59 53Power 18 15Textiles 74 45Ship-Breaking/Ship Building 3 4Telecom 11 5

Infrastructure Iron & Steel Power Textiles Ship-Breaking/Ship Building Telecom

20

59

18

74

3

11

25

53

15

45

4 5

No of Live Cases (2013) No of Live Cases (2014)

Weak Sectors Aggregate Loan Amt (2013) Aggregate Loan Amt (2014)

Infrastructure 21912 57233Iron & Steel 52682 43539Power 18640 19138Textiles 17677 20138Ship-Breaking/Ship Building 6213 16792Telecom 11681 10785

Infrastructure Iron & Steel Power Textiles Ship-Breaking/Ship Building Telecom

21912

52682

18640 17677

621311681

57233

43539

19138 2013816792

10785

Aggregate Loan Amt (2013) Aggregate Loan Amt (2014)

Major Players

Company Loan Amount

Kingfisher Airlines 2673

Winsome Diamond 2660

Electrotherm India 2210

Zoom Developers 1810

Sterling Biotech 1732

S Kumars Nationwide 1692

Kingfisher

Airlines

Winsome D

iamond

Electr

otherm In

dia

Zoom Dev

elopers

Sterlin

g Biotec

h

S Kumars

Nationwide

2673 26602210

1810 1732 1692

Loan Amount

Source: AIBEA, media report

Rank : 1

Kingfisher Airlines

Loan not repaid : Rs 2,673 crore

Until December 2011, Kingfisher Airlines had the second largest share in India's domestic air

travel market. The airline faced severe financial crisis at the beginning of 2012 and is

dysfunctional as of now.

The 14 banks, led by State Bank of India, which lent Rs 6,500 crore (Rs 65 billion) to the airline,

are now involved in litigation over the money, as Mallya has sued them in multiple courts.

Today, Mallya owes money to banks, employees, tax officials, caterers, aircraft leasing

companies, fuel supplier Hindustan Petroleum Corporation and to taxi operators, too.

Rank : 2

Winsome Diamond & Jewellery

Loan not repaid : Rs 2660 crore

The company manufactures and exports gold, silver and platinum jewellery studded with

diamonds, colour stones and semi precious stones as well as plain jewellery.

This company is part of Su-Raj Diamonds & Jewellery and holds 49 per cent stake in Forever

Precious Jewellery.

Rank : 3

Electrotherm India Limited


Electrotherm (India) has been engineering metal melting industry since 1983 and holds a

2,500,000 kW market share in the metal melting industry globally.

Rank : 4

Zoom Developers Private Limited


Vijay Choudhary and B L Kejriwal are the brains behind Zoom Developers who charted

exponentially growth for the company. But the global financial crisis of 2008 shattered all their

dreams. The group tried to grow faster than they could handle.

Nearly 27 Indian banks, with a majority of public sector banks have lent close to Rs 2,700 crore

to this company. This debt has been admitted in the corporate debt restructuring cell.

Rank : 5

Sterling Biotech Limited


Sterling Biotech is a pharmaceutical firm with focus on contract research and manufacturing. It

is flag ship company of Sandesara Group, which also owns Sterling Oil Resources.

Rank : 6

S. Kumars Nationwide Limited


SKNL is one of India’s leading textile and apparel company with expertise in multi-fibre

manufacturing. The company has extended its presence in multiple product categories from

Fabrics to Apparels and Home Textiles.

Rank : 7

Surya Vinayak Industries


Surya Vinayak Industries is part of Floriana Group based out of New Delhi. According to the

company’s website, Surya Vinayak Industries imports, exports and trade in agri products. It is

also a leading manufacturer of essential oils and other speciality perfumery compounds.

Rank : 8

Corporate Ispat Alloys


Corporate Ispat Alloys Ltd (CIAL) is a unit of Abhijeet group. According to the company’s

website, Under CIAL the Group has obtained environment clearance for an integrated steel plant

along with 280 MW power plant in Jharkhand.

Abhijeet group has interest in power, mining, steel, roads, and cements.

Rank : 9

Forever Precious Jewellery & Diamonds


Forever Precious Jewellery & Diamond, a part of Su-Raj Diamonds & Jewellery, supplies an

extensive range of fine jewellery and accessories to jewellers and jewellery manufacturers.

Rank : 10

Sterling Oil Resources


Based in Mumbai, Sterling Oil Resources Limited is a venture from the Sandesara Group, which

is a $ 6.9 billion group.

The Sandesara group has many successful and diversified ventures. The Sterling Biotech, the

flag-ship company, is listed on NSE and BSE in India, Luxembourg in Europe and Singapore in

Asia.Other leading ventures of Sandesara Group are PMT Machine Tools Limited , Sterling SEZ

Limited, Sterling Ports Limited, Sterling International Enterprises Limited.

Rank: 11

Varun Industries Limited

Loan not repaid: Rs 1,129 crore

Varun Industries is a global conglomerate of businesses which includes stainless steel raw

materials, steel ware, energy, commodity trading and agricultural products.

Rank : 12

Orchid Chemicals & Pharmaceutical


Established in 1992 as an export-oriented unit (EOU), Orchid Chemicals & Pharmaceuticals is a

vertically integrated company spanning the entire pharmaceutical value chain from discovery to

delivery.

Rank : 13

Kemrock Industries & Exports


Gujarat-based Kemrock Industries & Exports manufactures and exports composite for major

industrial sectors such as aerospace, defense, renewable energy, wind energy, and railways.

Rank : 14

Murli Industries & Exports Limited


Nagpur-based Murli industries is leading manufactures of all types of paper & paper boards,

cement, edible oil, pulps, solvent and power.

Rank : 15

National Agricultural Co-Operative


Nafed is the government’s procurement agency for non-cereal crops such as cotton, oilseeds and

pulses.

According to a report in Business Standard, loans to National Agricultural Cooperative

Marketing Federation of India (Nafed) by several state-run banks have turned bad, and banks

have classified these as non-performing assets (NPAs). The overall exposure of these banks to

Nafed stands at about Rs 2,000 crore (Rs 20 billion).

Rank : 16

STCL Limited


STCL (formerly called as Spices Trading Corporation Limited) is a subsidiary of State Trading

Corporation of India based in Bangalore. The government has recommended winding up of this

loss making public sector company, as it cannot be revived.

Rank : 17

Surya Pharma


Surya Phamaceutical started in 1992 and it is an integrated pharmaceuticals company. It focuses

on contract research and manufacturing.

Rank : 18

Zylog Systems (India) Limited


Zylog Systems (India) Limited is an Information Technology company registered in Chennai.

Rank : 19

Pixion Media Pvt. Limited


As per the Ministry of Corporate Affairs record, Prabodh Kumar Tewari and Anand Kumar

Tiwari are directors of the company.

The company is related to the Century Communication mentioned earlier.

Rank : 20

Deccan Chronicle Holdings Limited


Deccan Chronicle Holdings Limited or DCHL publishes the English-language dailies Deccan

Chronicle, Financial Chronicle and Asian Age and the Telugu daily Andhra Bhoomi.

Banks have been taking possession of the DCHL’s property and assets and disposing them off to

recover loans.

Enforcement Directorate is also probing the company over money laundering allegations.

Rank : 21

K.S. Oil Resources


Rank : 22

ICSA (India)


Hyderabad-based ICSA (India) Limited provides solutions and software for the Energy Sector,

which includes power, oil, natural gas and water.

The Company is also engaged in the business of providing energy Audit solutions.

The focus area for ICSA has been the technology solutions to Power Sector to identify

Transmission and Distribution (T&D) losses and monitor power consumption.

Rank : 23

Indian Technomac


Indian Technomac is a mining company that also manufactures silicon, chrome alloys,

Manganese alloys , titanium alloys and nickel.

Rank : 24

Century Communication Limited


Century Communication has one of the largest post-production facilities in India under Pixion.

The studio has worked on scores of Indian films (Jail and London Dreams among recent ones),

Hollywood films and ad films.

The company also owns TV channels under the brand name Mahuaa. According to Business

Standard, it’s the Mahuaa bouquet of channels that have caused problems to the company.

Rank : 25

Moser Baer India Ltd. & Group Companies


Moser Baer India Limited is a leading global tech-manufacturing company. Established in 1983,

the company is one of the world's largest manufacturers of Optical Storage media like CDs and

DVDs. Every fifth disc manufactured globally belongs to Moser Baer and it is the lowest cost

optical media manufacturer in the world.

Source :

A ll India Bank Employees' Association (AIBEA)

The list, released by the association, is on the data on loan not paid from Public Sector Banks except State Bank of India, IDBI and foreign banks.

NPAs of listed banks jump 35% to cross Rs. 2.43 lakh cr mark: Study

Gross non-performing assets (NPAs) of 40 listed banks shot up 35.2 per cent or Rs. 63,386 crore

to cross the Rs. 2.43 lakh crore mark in the nine months ended December 31, 2013.

This jump of 35.2 per cent was much higher than the 27 per cent rise witnessed in the first six

months of 2013-14, according to a study done by NPAsource.com, a first-of-its-kind portal

which focuses on resolution of stressed assets.

Ten out of the 40 listed banks accounted for nearly 70 per cent of the total gross NPAs. State

Bank of India at 28 per cent (Rs 67,799 crore) has the largest share in total gross NPAs of the 40

listed banks, followed by Punjab National Bank with 7 per cent share (Rs 16,596 crore) and

Bank of Baroda and Central Bank of India with 5 per cent share each.

As of December 31, 2013, Bank of Maharashtra posted the largest increase in gross NPAs of 209

per cent at Rs. 3,516 crore from Rs. 1,138 crore as of March 31, 2013. United Bank reported a

188 per cent jump in gross NPAs at Rs. 8,546 crore at the end of Q3.

Eleven banks posted a 50 per cent plus growth in their gross NPAs, Devendra Jain, Chairman

and Managing Director, Atishya Group, the owner of portal NPAsource.com said here on

Tuesday.

“There is no respite for banks in India from the onslaught of higher interest rates and slowdown

in the Indian economy leading to further increase in loans turning bad from corporate as well as

retail segments. The fourth quarter of 2013-14 will continue to be bad for banks on the NPAs

front, but most banks will resort to higher levels of provisioning so as to bring down their net

NPA levels.”

The first quarter of next financial year, too, will continue to be bad for banks with regard to

NPAs. High concentration of banks’ debt to the top 50-100 corporates is also a major concern

area.

Growth in net NPAs at 49 per cent for the nine months ended December 31, 2013 against a 38

per cent rise in the first six months of 2013-14 is also alarming. Net NPAs have gone up

to Rs. 1.38 lakh crore as of Q3 end from Rs. 93,116 crore at the end of March 31, 2013.

www.thehindubusinessline.comThis article was published on February 18, 2014

Bank staff body lists 406 bad loan a/c worth Rs 70k cr

The All India Bank Employees Association (AIBEA) has released the details of 406 bad

loan accounts with public sector banks. These 406 loans account for non-performing assets

(NPAs) worth Rs 70,300 crore.

“The total NPA in public-sector banks till September, 2013, was Rs 2.36 lakh crore. The bad

loans restructured and shown as good loans amount to another Rs 3.25 lakh crore. This is public

money and it has to be recovered for the benefit of the public,” AIBEA General- Secretary C H

Venkatachalamtold reporters while releasing the list of defaulters here on Tuesday.

Venkatachalam said the NPAs registered by all public sector banks in March 2008 was Rs

39,000 crore. The bad loans constituted by the top four defaulters in public sector banks is

around Rs 23,000 crore and the bad loans in top-30 bad loan accounts in 24 banks is Rs 70,300

crore. Fresh bad loans in public sector banks in the last seven years is Rs 4.95 lakh crore.

According to AIBEA, bad loans written off in the past 13 years come to the tune of Rs 2.04 lakh

crore. Profits transferred and adjusted for provisions toward bad loans from 2008 to 2013 was Rs

1.40 lakh crore. The bad loans in 172 corporate accounts of Rs 100 crore or above was Rs 37,000

crore, it added.

AIBEA also demanded that the government release the list of major loan defaulters and make

loan-recovery norms stringent so that action under criminal procedure can be taken against wilful

defaulters.

If top bank executives are responsible for the increase in NPA, then there should be investigation

against them and, if found guilty, they should be punished, the Association said.

According to Venkatachalam, political as well as corporate nexus was also a reason behind the

increase in NPAs. Almost 65 per cent of the total bad loan is taken by industry, he added.

http://www.business-standard.com/

May 7, 2014

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