Impact on banks ( especially PSU)

Negative for banks (especially PSUs with higher power exposure). Though It is difficult to calculate the impact on each bank as bank’s do not provide project wise lending details, as a thumb rule, bank with higher power exposure should have a higher impact. Below table gives us the power exposure for each PSU banks.

Power as % of total exposure

UCO BANK  17-18%

ANDHRA BANK 15-16%

IDBI BANK 15-16%

ORIENTAL BANK 12-13%

VIJAYA BANK 11-12%

ALLAHABAD BANK 10-11%

BANK OF INDIA  I9-10%

SYNDICATE BANK 9-10%

UNION BANK 9-10%

INDIAN BANK 8-9%

INDIAN OVERSEAS BANK 8-9%

PUNJAB NATIONAL BANK 8-9%

STATE BANK OF INDIA 6-7%

BANK OF BARODA 4-5%