As the Real Estate House of Cards collapsed, Banks are busy taking situation of their exposure to troubled Asset –
Indian Real Estate which is decaying like Radio Active Material. Here is the list of banks with exposure to Indian Commercial Real Estate as a percentage of Networth.
The Top 5 banks in the list of heavy exposure to the troubled sectors are as follows,
- Indian Oversees Bank – 77.3% of its networth is in Real Estate
- Axis Bank – 67.4%
- Bank of India – 58.7%
- Indian Bank 58.1%
- Corporation Bank 56.5%
Here is the complete list as published by Kotak Sec Research.