FORM NL-13-LOANS SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

LOANS

(` '000)

Particulars

As at 31.12.2019

As at 31.12.2018

1

SECURITY-WISE CLASSIFICATION

Secured

(a)  On mortagage of property *

(aa) In India

404 269

407 211

(bb) Outside India

 0

 0

(b)   On Shares, Bonds, Govt. Securities

 0

 0

(c)    Others

1895 784

2122 490

Unsecured

68 387

68 387

TOTAL

2368 440

2598 088

2

BORROWER-WISE CLASSIFICATION

(a)           Central and State Governments

1895 783

2122 490

(b)           Banks and Financial Institutions

 0

 0

(c)           Subsidiaries

 0

 0

(d)           Industrial Undertakings

439 372

445 720

(e)           Others (to be specified)

33 285

29 878

TOTAL

2368 440

2598 088

3

PERFORMANCE-WISE CLASSIFICATION

(a) Loans classified as standard

(aa)  In India

1785 483

1992 946

(bb) Outside India

 0

 0

(b) Non-performing loans less provisions

 0

 0

(aa)  In India

8 328

 0

(bb) Outside India

 0

 0

Provisions **

574 629

605 142

TOTAL

2368 440

2598 088

4

MATURITY-WISE CLASSIFICATION

(a)           Short Term

239 693

246 457

(b)           Long Term

2128 747

2351 631

TOTAL

2368 440

2598 088

 1

 0

*    

**

Includes Provision for Bad and Doubtful Loans

Notes:

(a)    Short-term loans shall include those, which are repayable within 12 months from the date of  balance sheet.  Long term loans shall be the loans other than short-term loans.

(b)    Provisions against non-performing loans shall be shown separately.

(c ) The nature of the security in case of all long term secured loans shall be specified in each case.  Secured loans for

      the purposes of this schedule, means loans secured wholly or partly against an asset of the company.

(d)  Loans considered doubtful and the amount of provision created against such loans shall be disclosed.