The Minister of State in the Ministry of Finance (Shri Namo Narain Meena)
(a) & (b): The cancelled licenses represent certain circle / areas
only. Most of the loan accounts were regular as on 1st February, 2012
and by and large secured in the form of various tangible and other
securities. Therefore, the cancellation of licenses does not have any
material impact on Public Sector Banks (PSBs).
(c): The company-wise details of loans sanctioned by PSBs to the telecom
companies are given as under:-
(Rs. In crore)
Sl.No. Name of the Company Total Sanctioned Limit
1. Videocon Telecommunications Limited 3,220.00
2 Tata Teleservices (Maharashtra) Ltd. 962.45
3 TATA Teleservices Ltd 4,146.62
4 Sistema Shyam Telecom 500.00
5 IDEA Cellular Ltd 6,664.20
6 Videocon Telecommunications Limited 1,050.00 (Datacom Solutions Limited)
7 S Tel Private Limited 798.00
8 Etisalat DB Telecom (Swan Telecom) 587.97
9 Alliance Infratech Ltd., 642.00
Total 18,571.24
(d) : The Government is closely monitoring the financial impact of the order
of Honâble Supreme Court on banking sector in general and PSBs in particular.