Disclosure in Balance Sheets - Provisions and Contingencies - ആർബിഐ - Reserve Bank of India
Disclosure in Balance Sheets - Provisions and Contingencies
RBI No. 2005-06/395
DBOD.BP.BC No. 86 / 21.04.018/ 2005-06
May 29, 2006
The Chairmen/Chief Executives of
All Commercial Banks
(excluding RRBs)
Dear Sir,
Disclosure in Balance Sheets – Provisions and Contingencies
In order to increase transparency, Reserve Bank of India has from time to time issued circulars to banks requiring disclosures in the Notes on Account to their Balance Sheets. These instructions were consolidated in the master circular DBOD.No.BP.BC.59/21.04.018/2005-06 dated January 30, 2006.
2. In terms of the master circular, the provisions made during the year along with the corresponding figures for the previous year towards NPA, standard assets, depreciation in the value of investments, income tax, etc are to be disclosed under various heads such as Asset Quality, Investments and Miscellaneous.
3. To facilitate easy reading of the financial statements and to make the information on all Provisions and Contingencies available at one place, it has been decided that banks may henceforth disclose in the ‘Notes on Account’ the following information, in addition to the existing disclosure requirements as per the master circular.
| Break up of ‘Provisions and Contingencies’ shown |
Current Year |
Previous Year |
| Provisions for depreciation on Investment |
||
| Provision towards NPA |
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| Provision towards Standard Asset |
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| Provision made towards Income tax |
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| Other Provision and Contingencies (with details) |
Yours faithfully,
(Prashant Saran)
Chief General Manager-in-Charge
ഈ പേജ് ഷെയർ ചെയ്യുക:
റിസർവ് ബാങ്ക് ഓഫ് ഇന്ത്യ മൊബൈൽ ആപ്ലിക്കേഷൻ ഇൻസ്റ്റാൾ ചെയ്ത് ഏറ്റവും പുതിയ വാർത്തകളിലേക്ക് വേഗത്തിലുള്ള ആക്സസ് നേടുക!
