19th December, 2002
Ministry of Statistics & Programme Implementation  


LOANS FOR PROJECTS BY FINANCIAL INSTITUTION


RAJYA SABHA

There is a decline in the quantum of loans disbursed by Industrial Development Bank of India (IDBI), IFCI Ltd., Small Industries Development Bank of India (SIDBI) and ICICI Bank and increase in loans disbursed by Infrastructure Development Finance Corporation (IDFC), Export-Import Bank of India (Exim Bank) and Industrial Investment Bank of India Ltd.(IIBI) for development projects during the last five years ( 1997-98 to 2001-2002) as per the Reserve Bank of India (RBI).

Amount disbursed by the Financial Institutions for projects during last three years are as under:

(In Rs. crore)

S.No.

Name of Financial Instituion

Disbursement

   

1999-2000

2000-2001

2001-2002

1.

IDBI

17063

16990

10893

2.

IFCI LTD.

3301

2145

1079

3.

IDFC

642

762

1501

4.

EXIM BANK

1668

1781

3061

5.

SIDBI

6964

6441

5919

6.

IIBI

277

200

161

7.

ICICI BANK

25786

31665

20208

As per Economic Survey, 2001-2002, the percentage of amounts of loans of the Gross Domestic Capital formation in the Private Sector during 1999-2000 was about 17.9%.

This information was given by Shri Vijay Goel, Minister of State for Statistics and Programme Implementation in a written reply to a question by Shri Kapil Sibal and Shri Rajiv Ranjan Singh ‘Lalan’ in Rajya Sabha today.