SC: Revisional Jurisdiction Cannot Correct Factual Errors Despite Alleged Concealment  ||  Supreme Court: Wrong Statement in Pleadings is Not Always a False Statement, Perjury Case Quashed  ||  SC: Under JJ Act, Murder Falls Within Heinous Offences; S. 302 IPC Prescribes Minimum Life Sentence  ||  Supreme Court: Cognisance of FERA Complaint is Invalid Without Prior Notice to the Accused  ||  Supreme Court: Terror Cases Cannot Curtail Constitutional Safeguards and the Right to Fair Trial  ||  Supreme Court: Terror Cases Cannot Curtail Constitutional Safeguards and the Right to Fair Trial  ||  SC Upheld Husband's Conviction For Murdering His Wife over an Extramarital Affair  ||  J&K&L High Court: Mere Admission of Issuing Cheque is Not a Plea of Guilt under S.138 NI Act  ||  Calcutta HC: Aadhaar Card Prima Facie Establishes Occupation; Demolition Without Notice is Unlawful  ||  Gauhati High Court: Wildlife Law Doesn't Bar Trade in Unprotected Ornamental Fish Species    

Reserve Bank of India (Financial Statements-Presentation and Disclosures) Directions, 2021-Reporting of reverse repos with Reserve Bank on the bank's balance sheet- (Reserve Bank of India) (19 May 2022)

MANU/RMIC/0095/2022

Banking

1. Please refer to the 'Notes and Instructions for Compilation' given in Part A of Annexure II to the Reserve Bank of India (Financial Statements-Presentation and Disclosures) Directions, 2021, regarding the reporting of reverse repo transactions by the banks on their balance sheet.

2. In order to bring more clarity on the presentation of reverse repo on the balance sheet, it has now been decided as under:

(a) All type of reverse repos with the Reserve Bank including those under Liquidity Adjustment Facility shall be presented under sub-item (ii) 'In Other Accounts' of item (II) 'Balances with Reserve Bank of India' under Schedule 6 'Cash and balances with Reserve Bank of India'.

(b) Reverse repos with banks and other institutions having original tenors up to and inclusive of 14 days shall be classified under item (ii) 'Money at call and short notice' under Schedule 7 'Balances with banks and money at call and short notice'.

(c) Reverse repos with banks and other institutions having original tenors more than 14 days shall be classified under Schedule 9-'Advances' under the following heads:

i. A. (ii) 'Cash credits, overdrafts and loans repayable on demand'

ii. B. (i) 'Secured by tangible assets'

iii. C. (I).(iii) Banks (iv) 'Others' (as the case may be)

3. In addition, certain sections in the said Directions are being updated for editorial corrections as given in the Annex.

Applicability

4. This circular is applicable to all commercial banks. The Reserve Bank of India (Financial Statements-Presentation and Disclosures) Directions, 2021, stands updated to reflect these changes.

Tags : REPORTING   REVERSE REPOS   BALANCE SHEET  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved