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Mumbai, Nov 14: The off-balance sheet (OBS) exposures of scheduled commercial banks (SCBs) have shown a sharp rise of 50.9% in 2005-06 as against 58.0% in 2004-05, said a report on trend and progress in India released by Reserve Bank of India (RBI).
However, among bank-groups, foreign banks had the highest share of off-balance sheet exposures as percentage of total assets, followed distantly by new private sector banks and other bank groups.
OBS exposure of the banking system is concentrated in 15 banks, most of which are foreign banks. These banks are particularly active in the derivatives segment. RBI said that in the last five years total OBS exposure of banks witnessed a significant growth, as a result of which the share of off-balance sheet exposures.
Total assets increased sharply to 152.5% at end-March 2006 from 57.7% at end-March 2002. This reflects the impact of deregulation, risk management operations, diversification of income and new business opportunities thrown up by advances in information technology, said the report.
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