Tuesday, March 16, 2010

RBI seeks more details on loan, deposits

The Reserve Bank of India (RBI) on Monday increased banks' disclosure norms by asking them to provide more details on deposits, loans, bad loans and off-balance sheet units.

The RBI said banks should disclose the concentration of deposits, loans, sector-wise non-performing assets (NPAs), movement of NPAs, overseas assets, NPAs and revenue and off-balancesheet special purpose vehicles.

These details should be furnished in banks' balance sheets from the year ending March 2010.

Source : http://www.moneycontrol.com/news/business/rbi-seeks-more-detailsloan-deposits_446869.html

No comments: