Go back                                                     DBOD.No.BC.15/12.05.005/97-98

February 24, 1998
Phalguna 5, 1919 (Saka)

All Scheduled Commercial Banks

(excluding Regional Rural Banks)

Dear Sir,

Review, Rationalisation and redesigning of returns relating to core commercial banking areas

As you are aware, with the objective of reducing the workload on banks, Reserve Bank of India had appointed a Consultant in February 1995 to look into the present set up of returns to be submitted by banks to Reserve Bank of India. A review was undertaken by the Consultant in respect of existing returns/statements/reviews submitted by banks to Department of Banking Operations and Development. Consequent upon the recommendations made by the Consultant, it has been decided that the scheduled commercial banks need not send 16 returns (as detailed in the Annexure) to the Department of Banking Operations and Development with immediate effect. All other returns may continue to be submitted by the scheduled commercial banks to the respective departments of Reserve Bank of India as hitherto.

Yours faithfully

(D.V. Jhaveri)

General Manager

 

 

 

 

ANNEXURE - I

Discontinuance of Returns

Sr. No Name of the Return/Statement Periodicity Receiving. department in RBI

1. Category-wise overdue advances of banks Half yearly DBOD

2. Regulation 19 of Officers' Service Quarterly "

Regulations - Review and Compulsory

Retirement

3. Parameters for judging the performance of banks   Annual "

4. Performance Budgets of banks Annual "

5. Analysis of profitability of public Annual "

6. Statement of staff position Half yearly "

7. Branches opened/closed during Once in two "

the year, names and addresses of years

London Offices and members and

sub-members of clearing houses in India

8. Acquisition of premises by foreign banks Annual "

9. Statement indicating total numbers and value of stock invest issued Quarterly "

10. Statement of Capital Funds, Risk Assets etc.  Annual "

11. Statement showing list of senior executives Half yearly "

12. Holding of corporate shares/debentures Half yearly "

13. Review of donations Annual "

14. Review on Window-dressing Annual "

15. Statement of Directors belonging to SC/ST Half yearly "

16. Top 20 sticky accounts and Top 100  suit filed accounts Quarterly "