The bank has a fund-based exposure of Rs 1,100 crore in five accounts, while another Rs 3,400 crore are non-fund based, said an official.
The country's largest lender State Bank of India (SBI ) on Thursday said it has an exposure of Rs 4,500 crore in the telecom companies whose licences have been cancelled by the Supreme Court in connection with 2G scam.
The other lenders including Punjab National Bank, Corporation Bank, and Oriental Bank of Commerce too have exposure in these telecom companies.
"I don't think we will be affected much by the the verdict. We have a fund-based exposure of Rs 1,100 crore in five accounts, while another Rs 3,400 crore are non-fund based, which is based on a guarantee of roll-out. Now that the licences are cancelled that guarantee is not fulfilled," SBI Deputy Managing Director (DMD) Santosh Nair said.
"For the Rs 1,100 crore, all the accounts are from corporate houses with whom we have long-term relationships. The corporate house behind the licencee will help us or we also expect them to bid again at the time of the new auctions, which can secure our funds," Nair said.
Meanwhile, another large public sector lender Punjab National Bank (PNB) said its exposure for roll out under 2G is limited to Rs 508 crore. However, the bank had not given any loan for seeking licence.
PNB has total exposure of Rs 10,923 crore towards telecom sector. Of this, the bank's exposure to government sector is Rs 1,016 crore, the bank said in a statement.
It also said Rs 173 crore is fully secured by bank's deposits.
Country's largest private sector lender, ICICI Bank, said it is unaffected from the cancellation of 2G licences.
"ICICI Bank does not have any exposure at risk on account of cancellation of 2G licenses," the bank spokesperson said.
However, state-owned Corporation Bank said it has exposure of Rs 146 crore in one of the telecos hit by order.
"We have Rs 146 crore exposure to Videocon Mobile. Though it is a secured funding we are a bit worried as to how it will pan out post the Supreme Court verdict," Corporation Bank Chairman and Managing Director Ajay Kumar said.
"We have to review the account in the light of this development though this has been a standard asset so far," Kumar said.
Even Oriental Bank of Commerce (OBC) said the bank had disbursed loans to telecos whose licences have been cancelled.
According to Indian Overseas Bank Chairman and Managing Director M Narendra, the bank does not have exposure in these telecom companies.