IDFC FIRST Bank Merger and Performance Update
6b. The Bank has identified the stressed accounts (not yet NPA) and has provided for them
Exposure to stressed assets (INR bn)
PCR %
23%
41
49%
32
Client Description (INR bn) (31-Dec-20)
O/S Exposure
Provision
PCR%
Toll Road Projects in MH
9.0
1.5
17%
51%
Thermal Power Project in Orissa
5.5
5.5
100%
Toll Road (BOT) project in MH
2.5
0.1
5%
Financial Conglomerate in Mumbai
2.2
2.2
100%
Wind Power Projects in AP, GJ, KN, RJ
1.6
0.9
57%
Logistics Company in Karnataka
1.0
1.0
100%
Financial Institution in MH
0.9
0.9
100%
25
Solar Projects in RJ
0.9
0%
Thermal power in Chattisgarh
0.8
0.2
20%
Toll Road Projects in TN
0.4
0.1
23%
Wind Power Projects in KN and RJ
0.2
0.2
95%
Microfinance Institution in Orissa
0.2
0.2
100%
Toll Road Project in Punjab
Total Stressed Pool Identified
0.2
0.2
100%
25.3
12.9
51%
Mar-19
Mar-20
Dec-20
Apart from the above identified accounts, the Bank had also marked one large telecom account as stressed and provisioned 25% against the total outstanding of INR 32.4bn
(Funded - INR 20bn and Non-funded - INR 12.4bn). The said account is current and has no overdues as of Dec 31 2020.
20
IDFC FIRST
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