Disclosure of divergence in the asset classification and provisioning by banks
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....n and provisioning by banks 1. Reserve Bank of India (RBI), vide its Notification No. RBI/2016-17/283; DBR.BP.BC.No.63/21.04.018/2016-17 dated April 18, 2017, requires disclosures by banks in a prescribed format in certain cases of divergence in the asset classification and provisioning. The Notification requires the disclosures to be made in the Notes to Accounts in the ensuing Annual Financia....
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....for reference. c) The disclosures shall be placed as an Annexure to the annual financial results filed with the stock exchanges in accordance with clause (d) of sub-regulation (3) of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such disclosures shall be made along with the annual financial results filed immediately following communication of s....
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....nds) Sr. Particulars Amount 1. Gross NPAs as on March 31, 20XX* as reported by the bank 2. Gross NPAs as on March 31, 20XX as assessed by RBI 3. Divergence in Gross NPAs (2-1) 4. Net NPAs as on March 31, 20XX as reported by the bank 5. Net NPAs as on March 31, 20XX as as....
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