New Delhi: The top 30 defaulters are sitting on bad loans of Rs 95,122 crore, which is more than one-third of the entire non-performing assets of public sector banks as on December 2014.
"As per data made available by RBI, the top 30 non- performing assets (NPAs) of public sector banks amount to Rs 95,122 crore as on December 2014," Minister of state for finance Jayant Sinha said in a written reply to the Rajya Sabha.
In a separate reply, Sinha said that as per the data made available by the Reserve Bank the Gross NPAs of the PSU banks are Rs 2,60,531 crore as on December, 2014.
Thus, the top 30 defaulters account for more than one- third of the total gross non-performing assets. In terms of percentage it amounts to 36.5 per cent.
As per the data made available by the RBI, he said, the total number of NPA borrowers having Rs 10 crore and above at the end of September 2014 stood at 2,897 with outstanding amount of Rs 1,60,164 crore.
Replying to another question, he said, 7,443 cases of credit cards have been detected with financial consideration of Rs 29 crore while ATM or debit card related cases were 1,743 involving sum of Rs 11 crore during April-December period of 2014.
He further said, a working group on 'Information Security, Electronic Banking Technology Risk Management and Tracking Cyber Frauds' had been set up by RBI in April 2010, he said.
The group examined various issues arising out of the use of IT in banks and made its recommendations, he said.
Banks with extensive leverage of technology to support business processes were advised to implement all the stipulations outlined in the circular, he said.
The guidelines are fundamentally expected to enhance safety, security, efficiency in the banking processes leading to benefits for the banks and their customers, he said.
Top management of the banks was advised to monitor the progress in the implementation of the recommendations on an ongoing basis and a review of the implementation status was advised to be placed before the board at quarterly intervals, he added.