Investor Presentaiton
Section 4: Apart from NPA accounts, Bank has proactively identified certain accounts, which
are standard on the books but are assessed to be stressed, and taken provisions for the same
Client Description (Rs. Crore)
o/s
Exposure
Provision
Provision
Coverage%
Toll Road (BOT) project in MH
239
12
5%
Toll Road Projects in TN
45
10
23%
Wind Power Projects in AP, GJ, KN, RJ
168
92
55%
Solar Projects in RJ
88
0%
Thermal Power Project in Odisha
548
477
87%
Wind Power Projects in KN and RJ
25
18
71%
Toll Road Project in Punjab
17
17
100%
Coal beneficiation & thermal power in
82
16
19%
Chattisgarh
Toll Road Projects in MH
934
154
16%
Logistics Company in Karnataka
100
53
53%
Large Housing Finance Company in Mumbai
596
448
75%
Diversified Financial Conglomerate in
Mumbai
364
273
75%
Total Stressed Pool Identified
3,205
1,569
49%
Comments
Repayments are regular thus far but certain developments at the company give us reason to believe that
repayments may get delayed in future. Chance of eventually there may be economic loss in the long
term.
Repayment are regular thus far; however recent concession agreement may get terminated due to poor
maintenance. Likely to cause moderate economic losses going forward.
Repayments regular thus far, but the company has experienced delay in repayment from certain discoms
after change of government; repayment may be delayed, but eventual economic loss may be low.
Regular repayments thus far; however, due to poor Operations and Maintenance, the generation of cash
flows deteriorating at the company; repayment likely to be delayed
Delayed payment receipts from three discoms due to PPA related dispute. While the account may
become NPA, however it is likely that we will recover our dues; there may not be much economic loss to
us.
Repayments are regular thus far; No delay in Discom payments in Karnataka but there is delay in Discom
payments in Rajasthan; eventual economic loss may be low.
Repayments with some delay as Toll receipts have reduced temporarily due to alternate village road;
100% provisioned account; eventual economic loss may be low.
Repayments has become regular with no overdues as new promoter has taken over; still under watch-
list; eventual economic loss may be low.
The company has strong cash-flows through major tolls and entry points. However, the repayment has
been consistently delayed (SMA2). eventual economic loss may be low.
The company is a subsidiary of a company that went under financial stress recently due to unfortunate
circumstances.
The company's operations have virtually ceased, they have defaulted on repayments, and the company
has been referred to NCLT. We expect significant principal loss from this account against our exposure but
adequate provisions has been made.
This company has been in significant stress and has defaulted on repayments. We expect significant
principal loss from this account against our exposure.
30
IDFC FIRST
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