RBI/2010-11/20
DNBS.PD.CC. No.180/03.10.042/2010-11
July 1, 2010
All NBFCs (Excluding RNBCs)
Dear Sirs,
Master Circular - Returns to be submitted by NBFCs
In order to have all current instructions in one place, the Reserve Bank of India has issued master circulars to NBFCs on various subjects. It is advised that instructions on various returns to be submitted by NBFCs issued upto June 30, 2010, have been compiled herein. A consolidated list of all such instructions is enclosed for ready reference. The master circular has also been placed on the RBI web-site (http://www.rbi.org.in).
Yours sincerely
(Uma Subramaniam)
Chief General Manager-in-Charge
NBFCs are required to submit various returns to RBI w.r.t their deposit acceptance, prudential norms compliance, ALM etc. Detailed instructions regarding submission of returns by NBFCs have been issued through various company circulars. A list of such returns to be submitted by NBFCs-D, NBFCs-ND-SI and others is as under:
A. Returns to be submitted by deposit taking NBFCs
1. NBS-1 Annual Returns on deposits in First Schedule1.
2. NBS-2 Half-yearly return on Prudential Norms is required to be submitted by NBFC accepting public deposits2.
3. NBS-3 Quarterly return on Liquid Assets by deposit taking NBFC3.
4. NBS-4 Monthly return of critical parameters by a rejected company holding public deposits4
5. NBS-5 Monetary and supervisory return by NBFC having public deposits of Rs.20 core and above5.
6. NBS-6 Monthly return on exposure to capital market by deposit taking NBFC with total assets of Rs 100 crore and above 6.
7. Half-yearly ALM return by NBFC holding public deposits of more than Rs.20 crore or asset size of more than Rs. 100 crore7.
8. Audited Balance sheet and Auditor’s Report by NBFC accepting public deposits8.
B. Returns to be submitted by NBFCs-ND-SI
1.NBS-7 An annual statement of capital funds, risk weighted assets, risk asset ratio etc., as at end of March every year for NBFC-ND-SI9
2. Monthly Return on Important Financial Parameters of NBFCs-ND-SI10
ALM returns:
3. Statement of short term dynamic liquidity in format ALM [NBS-ALM1] -Monthly,
4.
Statement of structural liquidity in format ALM [NBS-ALM2] Half Yearly
5. Statement of Interest Rate Sensitivity in format ALM -[NBS-ALM3], Half yearly11 .
C. Quarterly return on important financial parameters of non deposit taking NBFCs having assets of more than Rs, 50 crore and above but less than Rs 100 crore
Basic information like name of the company, address. NOF, profit / loss during the last three years has to be submitted quarterly by non-deposit taking NBFCs with asset size between Rs 50 crore and Rs 100 crore12.
D. Other Returns
1. As at the end of March every year, all NBFCs are required to submit an annual certificate duly certified by the Statutory Auditors that the company is engaged in the business of NBFI requiring it to hold the CoR. The certificate shall also indicate the asset / income pattern of the NBFC for making it eligible for classification as AFC, Investment Company, or Loan Company13.
2.
NBFC with FDI has to submit a half yearly ( half year ending March and September) certificate to the effect that it has complied with the minimum capitalisation norms and that its activities are restricted to the activities prescribed under FEMA14.
A table showing periodicity and particulars of returns is as per Annex.
Reporting dates and Due dates for Returns to be submitted by NBFCs
Sr.
No |
Name of the Return |
Short Name |
Periodicity |
Reference Date |
Reporting Time |
Due on |
Purpose |
To be submitted by |
1. |
Annual Returns By deposit taking NBFCs
(As required by “Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998”.) |
NBS1 |
Annual |
31st March |
6 months |
30th Sept |
Details of Assets And Liabilities |
NBFCs-D |
2. |
Half-Yearly Statement of Capital Funds, Risk Assets etc as required under the Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions 2007 By deposit taking NBFCs |
NBS2 |
Half yearly |
31st March / 30th Sept |
3 months |
30th June/ 31st Dec |
Capital Funds, Risk Assets, Asset Classification etc |
NBFCs-D
|
3. |
Quarterly Return on Statutory Liquid Assets as per Section 45 IB of the Act By Deposit Taking NBFCs |
NBS3 |
Quarterly |
31st March/ 30th June/ 30th Sept/ 31st Dec |
15 days |
15th April/
15th July/ 15th Oct/ 15th Jan |
Statutory Liquid Assets |
NBFCs-D |
4. |
Quarterly Return on Repayment of Deposits by the Rejected Companies holding Public Deposits (The return was subsequently simplified for better response) |
NBS4 |
-do- |
-do- |
-do- |
-do-
|
Details of Public Deposits, Other Liabilities
|
NBFCs holding public deposits whose application for Certificate of Registration under Section 45-IA of RBI Act, 1934 have been rejected |
5. |
Quarterly submission of Monetary and Supervisory Return |
NBS5 |
Quarterly |
31st March/ 30th June/ 30th Sept/ 31st Dec |
10 days |
10th April/
10th July/ 10th Oct/ 10th Jan |
Components of Assets, Liabilities, Interest Rates, Cash Inflow/Outflow etc. |
NBFCs-D holding Public Deposits of Rs.20 crore and above as per the last audited balance sheet. |
6. |
Monthly Return on Capital Market Exposure |
NBS6 |
Monthly |
As at the end of the month |
7days |
7th day of next month |
Details of Capital Market Exposure |
NBFCs-D |
7. |
Annual Return of Capital Funds, Risk-Asset Ratio from NBFCs-ND-SI (Supervisory Return) |
NBS7 |
Annual |
31st March |
3 months |
30th June |
Capital Funds, Risk Assets, Risk Weighted off-balance sheet items (Non-Funded Exposures), Asset Classification etc. |
NBFCs-ND-SI |
8. |
Asset-Liability Management (ALM) Return |
ALM |
Half yearly |
31st March/ 30th Sept |
1 month |
30th April/ 30th Oct |
Structural Liquidity, Short-term dynamic liquidity, Interest Rate sensitivity etc. |
NBFCs-D having public deposit of Rs 20 crore |
9. |
A Statement of short term dynamic liquidity in format ALM -NBS-ALM1 |
ALM-1 |
Monthly |
As at end of the month |
10 days |
10th day of next month |
Short-term dynamic liquidity |
NBFC-ND-SI |
10. |
Statement of structural liquidity in format ALM – NBS-ALM2 |
ALM-2 |
Half yearly |
31st March/ 30th Sept |
20 days |
20th April/ 20th Oct |
Structural liquidity |
NBFC-ND-SI |
11. |
Statement of Interest Rate Sensitivity in format ALM-NBS-ALM3. |
ALM-3 |
Half yearly |
31st March/ 30th Sept |
20 days |
20th April/ 20th Oct |
Interest Rate sensitivity |
NBFC-ND-SI |
12. |
Monthly Return on Important Financial Parameters of NBFCs not accepting/holding public deposits and having asset size of Rs.100 crore and above |
100 Crore
NBFCs-ND-SI |
Monthly |
end of every month |
7days |
7th of next month |
Sources and Application of Funds, Profit and Loss Account, Asset Classification, Bank's/FIs exposure on the company, Details of Capital Market Exposure, Foreign Sources etc. |
NBFC-ND-SI |
13 |
Quarterly return to be submitted by non-deposit taking NBFCs with asset size of Rs 50 crore and above but less than Rs 100 crore, |
|
Quarterly. |
31st March/ 30th June/ 30th Sept/ 31st Dec |
within a period of one month from the close of the quarter |
|
Basic information like name of the company, address. NOF, profit / loss during the last three years |
|
Note: NBFCs-D -> Deposit taking Non-Banking Financial Companies (NBFCs);
NBFCs-ND -> Non-Deposit taking NBFCs.
NBFCs-ND-SI -> Non-Banking Financial Companies (NBFCs) not accepting/holding public deposits
and having asset sizes of Rs.100 crore and above
(also termed as Systemically Important NBFCs or in short NBFCs-ND-SI) |
Appendix
List of Circulars
1Inserted vide Notification No.DFC.118/DG (SPT)-98 dated January 31, 1998
2Inserted vide Notification No. DNBS.192 /DG (VL)-2007 dated February 22, 2007
3Inserted vide Notification No DFC(COC) No.108.ED(JRP)/97 dated April 30, 1997
4Inserted vide DNBS (PD) CC. No. 19/02.01/2001-02 dated April 22, 2002.
5Inserted vide DNBS (PD) CC. No.19/02.01/2001-02 dated April 22, 2002.
6Inserted vide Notification No. DNBS. 192 / DG (VL)-2007 dated February 22, 2007
7Inserted vide DNBS (PD).CC.No.15 /02.01 / 2000-2001 dated June 27, 2001
8Inserted vide Notification No.DFC.118/DG (SPT)-98 dated January 31, 1998
9Inserted vide DNBS.PD/ CC.No. 93 / 03.05.002 /2006-07 dated April 27, 2007
10Inserted vide DNBS (RID) C.C. No. 57/02.05.15/2005-06 dated September 6 , 2005
11Inserted vide Notification No. DNBS. 200 / CGM(PK)-2008 dated August 1, 2008
12Inserted vide DNBS.PD/ CC.No.130 / 03.05.002 /2008-09 dated September 24, 2008
13Inserted vide DNBS (PD) C.C. No. 79 /03.05.002/ 2006-07 September 21, 2006 and
DNBS (PD) C.C. No. 81 / 03.05.002/ 2006-07 dated October 19, 2006
14Inserted vide DNBS (PD).CC. No 167 /03.10.01 /2009-10 dated February 04, 2010 |
IST,
