RBI to banks: Take call on stressed sector exposure

Anil Sasi : New Delhi, Fri Feb 03 2012, 01:19 hrs

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A recent study by rating agency CRISIL has pointed out that Rs 56,000-crore exposure of banks to the power sector could be under stress, blaming it on the losses of distribution companies that have doubled to Rs 40,000 crore in 2010-11 from 2008-09. The finance ministry had asked state-owned banks to offer details of company-wise exposure to loans in four sectors — aviation, telecom, real estate and power.

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