The Reserve Bank of India (RBI) maintains data on outstanding credit of Scheduled Commercial Banks (SCBs) to public, private corporate and household sectors and not on loans disbursed to different sectors of the economy. The outstanding credit of SCBs to Private Corporate Sector during the last three years is as under.
(Rs.in lakhs)
| Organisation | As on March, 2008 | As on March, 2009 | As on March, 2010 |
| Private Corporate Sector | 859483.94 | 1076923.90 | 1314178.87 |
Data on actual recoveries from Non Performing Assets (NPA) made by SCBs during the last three years are given below. (in Rs. crore)
| 2008-09 | 2009-10 | 2010-11 | |
| Actual Recoveries | 15189 | 14302 | 19407 |
The RBI vide its circular dated July 28, 1995 has advised banks to have documents of loan policy, loan recovery policy etc. prepared and duly vetted by their respective Boards of Directors. In case the loan account is classified as NPA, bank may adopt various procedures to ensure recovery of the outstanding amount. The follow up on the loans and advances disbursed is the primary responsibility of the concerned bank. Measures taken by the banks may vary from bank to bank and account to account. RBI has advised banks from time to time to take effective measures to strengthen the credit appraisal and post credit monitoring to arrest the incidence of NPAs. RBI examines the quality of advances portfolio during the course of inspection of banks.
This information was given by the Minister of State for Finance, Shri Namo NarainMeena in written reply to a question in the Lok Sabha today.
