RBI/2009-10/368, DBOD.BP.BC No.81/ 21.01.002/2009-10,

March 30, 2010

The Chairmen/Chief Executives of All Commercial Banks (excluding RRBs)

Classification in the Balance Sheet – Capital Instruments

It has been observed that there is no uniformity in the accounting practice followed by banks in classifying the various regulatory capital instruments for the purpose of presentation in the Balance Sheet. We have recently examined the issue and advise that the following classification may be adopted in the balance sheet from the financial year ending March 31, 2010:

Under Schedule 1-Capital

(1) Perpetual Non-Cumulative Preference Share (PNCPS)

Under Schedule 4 – Borrowings

(2) Innovative Perpetual Debt Instruments (IPDI)

(3) Hybrid debt capital instruments issued as bonds/debentures

(4) Perpetual Cumulative Preference Shares (PCPS)

(5) Redeemable  Non-Cumulative Preference Shares (RNCPS)

(6) Redeemable  Cumulative Preference Shares (RCPS)

(7) Subordinated Debt

Yours faithfully,

(B. Mahapatra)
Chief General Manager

More Under Fema / RBI

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

June 2021
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930