(a) whether the percentage of on-performing assets of the foreign and private sector banks is much less as compared to the public sector banks;
(b) if so, the comparative details for the last three years;
(c) whether remarkable amendments have been made in the recommendations of task force constituted in2003 under the Chairmanship of S.N. Aggarwad for the disposal of said cases and for modifying the recovery process; and
(d) if so, the details thereof?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANiCKAM):
(a) and (b)Yes, Sir. Percentage of Gross/Net N on-Perform ing Assets to Gross/Net advances of different bank groups for the last three years are as under; -
Bank group % of gross NPAs % of net NPAs to gross advances to net advances 2002 2003 2004 2002 2003 2004
Public Sector 11.1 9.4 7.8 5.8 4.5 3.0 banks
Old private 11.0 8.9 7.6 7.1 5.5 3.8 sector banks
New private 8.9 7.6 5.0 4.9 4.6 2.4 sector
Foreign banks 5.4 5.3 4.6 1.9 1.8 1.5