(a) the amount made available to the mutual fund
companies launched by the public sector banks and
insurance companies for various schemes during the year 1998-1999 and 2000, bank/company-wise;
(b) the name of the bank or the company to which
maximum amount was made available under these schemes; and
(c) the details of the amount recovered out of it so far ?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (BALASAHEB VIKHE PATIL)
(a) The amounts made available to the mutual fund
subsidiaries launched by public sector banks and
insurance companies to meet the shortfall in their
assured return schemes during the years 1998-1999 and
1999-2000 are as under:
(Rs. crores)
1. Bank of India Mutual Fund 31.58
2. SBI Mutual Fund 125.96
3. Indian Bank Mutual Fund 43.71
4. GIC Mutual Fund 133.00
5. LIC Mutual Fund + 260.90