Master Circular – Disclosure Norms for Financial Institutions


July 1, 2013

The CEOs of the
All-India Term- lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)

Dear Sir,

Master Circular – Disclosure Norms for Financial Institutions

Please refer to the Master Circular DBOD.No.FID.FIC.2/01.02.00/2012-13 dated July 02, 2012 on the above subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on the subject up to June 30, 2013. The Master Circular has also been placed on the web-site of RBI (

2. It may be noted that the instructions contained in the Annex 5 have been consolidated in this master circular.

Yours faithfully,

(Rajesh Verma)
Chief General Manager



To provide a detailed guidance to all-India term-lending and refinancing institutions in the matter of disclosures in the ‘Notes to Accounts’ to the Financial Statements.

Previous Instructions

This master circular consolidates and updates the instructions on the above subject contained in the circulars listed in the Annex 4.


To all the all India Financial Institutions viz. Exim Bank, NABARD, NHB and SIDBI.


1 Introduction
2 Guidelines on Disclosure Requirements
2.1 Capital
2.2 Asset Quality and Credit Concentration
2.3 Liquidity
2.4 Operating Results
2.5 Movement in the provisions
2.6 Restructured Accounts
2.7 Assets Sold to Securitisation Company / Reconstruction Company
2.8 Forward Rate Agreements and Interest Rate Swaps
2.9 Interest Rate Derivatives
2.10 Investments in Non Government Debt Securities
2.11 Consolidated Financial Statements
2.11.1 Extent of Consolidation
2.11.2 Accounting Policies
2.12 Risk in Derivatives
2.13 Exposures where the FI had exceeded the prudential exposure limits during the year
2.14 Corporate Debt Restructuring (CDR)
2.15 Additional Disclosures in Notes to Accounts
2.16 Sale of Investments held under Held to Maturity (HTM) Category
I. The CRAR and other parameters
II. The Asset Quality and Credit Concentration
III. The Credit Exposure
IV. Capital Funds
V. The Definition of Borrower Group
VI. The Maturity Pattern of Assets and Liabilities
VII. Operating Results
VIII. Computing Per Employee Net Profit
Annex – 1 : Format for Disclosure of Issuer Composition for Investment in Debt Securities
Annex – 2 : Disclosure on Risk Exposure in Derivatives
Qualitative Disclosure
Quantitative Disclosure
Annex – 3 : Additional Disclosures
Annex 4: Prudential Guidelines on Restructuring of Advances by Banks / Financial Institutions
Annex – 5 : List of Circulars consolidated in the Master Circular


Full Circular Available for download

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