The Reserve Bank has been taking several steps from time to time to enhance the transparency in the operations of banks by stipulating comprehensive disclosures in tune with the international best practices.
On a review of the existing disclosures, it has been decided to prescribe the following additional disclosures in the ‘Notes to Accounts’ in the banks’ balance sheets, from the year ending March 2010:
I. Concentration of Deposits, Advances, Exposures and NPAs
II. Sector-wise NPAs
III. Movement of NPAs
IV. Overseas assets, NPAs and revenue
V. Off-balance sheet SPVs sponsored by banks
The prescribed formats are furnished in Annexure to the circular no. RBI/2009-10/347.