ICICI Bank 2008 Annual Report Download - page 110

F36
schedules
forming part of the Accounts (Contd.)
As on
March 31, 2008 As on March 31, 2007
iii) Advances for any other purposes where shares or convertible bonds or
convertible debentures or units of equity oriented mutual funds are taken
as primary security.1423.2 N.A.
iv) Advances for any other purposes to the extent secured by the collateral
security of shares or convertible bonds or convertible debentures or units
of equity oriented mutual funds. 21,692.3 N.A.
v) Secured and unsecured advances to stockbrokers and guarantees issued
on behalf of stockbrokers and market markers.326,342.6 15,160.8
vi) Loans sanctioned to corporates against the security of shares/bonds/
debentures or other securities or on clean basis for meeting promoter’s
contribution to the equity of new companies in anticipation of raising
resources. ——
vii) Bridge loans to companies against expected equity flows/issues. ——
viii) Underwriting commitments taken up by the Bank in respect of primary
issue of shares or convertible bonds or convertible debentures or units of
equity oriented mutual funds. ——
ix) Financing to stockbrokers for margin trading. ——
x) All exposures to Venture Capital Funds (both registered and unregistered). 12,805.2 19,499.7
Total 84,828.1 55,197.8
1 & 2. Revised guideline on capital market exposure is applicable from April 1, 2007. Data up to March 31, 2007 is based on old
guidelines.
3. It includes a guarantee of Rs. 3,040.0 million (March 31, 2007: Rs. 3,040.0 million) issued on behalf of a corporate customer to ensure
equity capital contribution.
The summary of lending to real estate sector is given below:
Rupees in million
As on
March 31, 2008 As on March 31, 2007
Real estate sector
I Direct exposure .................................................................................................. 779,388.9 751,382.9
i) Residential mortgages, ............................................................................... 630,857.6 595,153.0
of which housing loans upto Rs. 1.5/2.0 million1 ....................................... 314,071.6 300,137.0
ii) Commercial real estate2 .............................................................................. 137,336.2 142,509.8
iii) Investments in mortgage backed securities (MBS)
and other securitised exposure .................................................................. 11,195.1 13,720.1
a. Residential ........................................................................................... 11,195.1 13,720.1
b. Commercial real estate ....................................................................... ——
II Indirect exposure ............................................................................................... 33,613.5 45,785.0
Fund based and non-fund based exposures on National Housing Bank (NHB)
and Housing Finance Companies (HFCs) ........................................................... 20,901.3 30,214.4
Others 12,712.2 15,570.6
Total3 813,002.4 797,167.9
1. Figures as on March 31, 2007 are for housing loans up to Rs. 1.5 million.
2. Commercial real estate exposure include loans given to land and building developers for construction, corporates for their real estate
requirements and to individuals/firms/corporates against non-residential premises.
3. Excludes non-banking assets acquired in satisfaction of claims.
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