(a) whether instances of property papers pledged with banks of home loan consumer`s
being misplaced/ lost by certain banks/ insurance companies come to the notice of the
Government during the last three years and the current year;
(b) if so, the details thereof, bank/ insurance, company-wise;
(c) the action taken/ being taken by the Government against such banks/ insurance
companies during the said period; and
(d) the steps taken/ being taken by the Government in this regard?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a)&(b): As per replies received from the Public Sector Banks (PSBs) and Insurance Companies,
some of the PSBs have informed cases of loss of property papers of home loan pledged with their
banks during the last three years and the current year as per detail below:
Name of the Bank Number of cases Andhra Bank 03 Bank of Baroda 03 Indian Bank 02 State Bank of India 18 State Bank of Mysore 03 IDBI 01 Punjab & Slndh Bank 01 United Bank of India 01Rest of the banks have informed that they do not have such cases.