The outstanding amount of top 20 NPAs totalled Rs 1,071 crore, with no individual borrower accounting for more than Rs 163 crore.

The largest individual borrower falling in the category of NPA list is, however, not more than Rs 166 crore during the year.

Also, non-performing assets with a tenure between one and three years at 39.6 per cent, constitute the largest chunk of ICICI's gross NPA portfolio of Rs 6,018 crore during the year. In absolute amount, the NPA in this category is estimated at Rs 2,381 crore for the year. Though gross NPA during this period has fallen in percentage terms from 42 per cent to 39.6 per cent. Non performing assets with a tenure between three and five years at 22.8 per cent or Rs 1,370 crore is the second largest segment in the ICICI's NPA portfolio during 1999-2000. Both the percentage and absolute figures have moved northwards from 13.5 per cent and Rs 742 crore during the year.

With a tenure of over five years, ICICI has an estimated gross NPA of 20.4 per cent amounting to Rs 1,229 crore during 1999-2000. It has increased from 19.2 per cent amount to Rs 1,051 crore during the year.

However the institution has been able to restrain its gross NPA with a tenure of one year which declined from 25.3 per cent to 17.2 per cent and in absolute terms from Rs 1,398 crore to Rs 1,038 crore during the year.

As of March 2000 the institution's doubtful assets moved up from 3.1 per cent to 4.2 per cent and amounted to Rs 2,166 crore, sub-standard assets has declined from five per cent to 3.4 per cent and amounted to Rs 1,793 crore and standard assets increased from 91.9 per cent to 92.4 per cent and amounted to Rs 4,810,068 crore.

However the institution does not have any loss assets during the year as all of them have been written off or provided for.

The doubtful assets at 4.2 per cent have 1,359 defaulter accounts during the year.

During the year, ICICI filed as many as 130 recovery suits against a total of 168 suits filed in all the preceding years. The accent is on time value of recovery and a pragmatic approach towards settlements. While ICICI has institutionalised the focus on recovery and settlements, its efforts in tackling non-performing loans have been spearheaded by the Special Asset Management Group, which was created to focus exclusively on large non-performing loans and problem loans.