News | ||||||||||||||||||||||||||||
Home News News and Press Release Month 12 2012 2012 (12) This |
||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||
PSB Exposure in Capital Market and Real Estate |
||||||||||||||||||||||||||||
14-12-2012 | ||||||||||||||||||||||||||||
Press Information Bureau Government of India Ministry of Finance 14-December-2012 16:31 IST The details of Capital Market Exposure (including private equity), Real Estate Exposure by Public Sector Banks (PSBs) for the period ending March 2010,2011 and 2012, as reported by Reserve Bank of India are given as under:- (Rs. in crore)
The details of investments made by Public Sector Insurance Companies (PSICs) in Venture Funds, Housing and Immovable Properties alongwith returns as reported by Insurance Regulatory Development Authority (IRDA) are as under:- (Rs. in crore)
The returns on investment are governed by market situation and overall economic conditions prevailing at a given point in time. The investments are done by PSBs and PSICs out of the funds available with them. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in Lok Sabha today. * * * DSM/RS/bs |
||||||||||||||||||||||||||||