Reserve Bank of India
RBI/2019-20/228
DOR.BP.BC.No.68/21.04.018/2019-20
April 29, 2020
All Scheduled Commercial Banks
(including RRBs and Small Finance Banks),
Payments Banks and Local Area Banks,
All India Financial Institutions,
All Co-operative Banks,
Madam / Dear Sir,
Submission of regulatory returns – Extension of timelines
In order to mitigate the difficulties in timely submission of various regulatory returns, in view of disruptions on account of COVID-19 pandemic, it has been decided to extend the timelines for their submission.
2. Accordingly, all regulatory returns required to be submitted by the above entities to the Department of Regulation can be submitted with a delay of upto 30 days from the due date. The extension will be applicable to regulatory returns required to be submitted upto June 30, 2020. Further details are furnished in the Annex. Those entities that are in a position to submit the returns earlier may continue to do so.
3. It may be noted that no extension in timeline is permitted for submission of statutory returns i.e. returns prescribed under the Banking Regulation Act, 1949, RBI Act, 1934 or any other Act (for instance, returns related to CRR/SLR).
4. Further, all communication to the Department of Regulation should be through corporate e-mail to the extent possible (i.e., without involving physical movement of papers). This arrangement shall continue till further notice.
Yours faithfully,
(Saurav Sinha)
Chief General Manager-in-Charge
Annex: List of regulatory returns which can be submitted with a delay of a maximum of 30 days from the due date
| Sr. No | Name of the return | Reference of Act or circular under which the return is prescribed | Regulated entities to which the return is applicable | Freq-uency of the return | Current timeline |
| 1 | Payment of dividend | DBOD.NO.BP.BC.88/ 21.02.067/2004-05 May 04, 2005 | SCBs (excluding RRBs) | As and when basis | Within a fortnight after decla-ration of dividend |
| 2 | Report on issue of Subordinated Debt, raising of Upper Tier II Capital, Perpetual Debts and Equity Capital (Qualified Institutional Placements-QIP, Preferential issue to Promoters, GDR issue) together with copy of document | Reporting Requirements under Basel III Capital Regulations- Review dated June 23, 2016
Master Direction Issue and Pricing of shares by Private Sector Bank dated April 21, 2016 DBR.No.BP.BC.01/ 21.06.201/2015-16 dated July 01, 2015 |
All Comm-ercial Banks (Exclu-ding Local Area Banks and RRBs) | As and when basis | Within one week from date of issue |
| 3 | Form I | Operational Guidelines issued for DEA Fund Scheme, 2014 vide letter no. 3044/30.01.002/ 2017-18 dated September 27, 2017 to all banks | SCBs (including RRBs), Local Area Banks, UCBs, StCBs, DCCBs, SFBs and PBs | Monthly | Within 30 days |
| 4 | Form II | Operational Guidelines issued for DEA Fund Scheme, 2014 vide letter no. 3044/30.01.002/ 2017-18 dated September 27, 2017 to all banks | SCBs (including RRBs), Local Area Banks, UCBs, StCBs, DCCBs, SFBs and PBs | Monthly | Within 25 days |
| 5 | Monthly Statement on Gold Monetisation Scheme, 2015 | Master Direction No.DBR.IBD.No.45/ 23.67.003/2015-16 dated October 22, 2015 (updated as on August 16, 2019) | SCBs (excluding RRBs) | Monthly | Within 30 days |
| 6 | Statement of Gold and Silver imported during the month | IBS.1758/23.67.001/ 2002-03 dated April 23, 2003 | SCBs (excluding RRBs) | Monthly | Within 30 days |
| 7 | Return on exposures to QCCP | DBOD.No.BP.BC.82/ 21.06.217/2013-14 dated January 7, 2014 “Banks’ Exposure to Central Counterparties (CCPs) – Interim Arrangements” | SCBs (excluding RRBs) | Monthly | Within 30 days |
| 8 | Monthly Return on Aggregate Resources Raised | Master Circular on Resource Raising Norms for Financial Institutions DBR.No. FID.FIC.1/ 01.02.00/2015-16 dated July 01, 2015 | All India Financial Institutions | Monthly | Within 10 days |
| 9 | Return on Large Exposure | DBR.No.BP.BC.43/ 21.01.003/2018-19 dated June 3, 2019 – Large Exposure Framework (non-centrally cleared derivative exposures) | SCBs (excluding RRBs) | Quarterly | Within 30 days |
| 10 | Ind AS proforma | Banks are advised by e-mails at end of every quarter. | SCBs (excluding RRBs) | Quarterly | Within 60 days |
| 11 | Format for interim reporting to Reserve Bank of India – BC Outlets | DBR.RRB.BL.BC.No.40/ 31.01.002/2018-19 dated May 31, 2019 on Rationalisation of Branch Authorisation Policy- Revision of Guidelines | RRBs | Quarterly | Within 20 days |
| 12 | PSU Investment statement | RPCD.No.RF.ROC.9/ 07.02.03/98-99, dated June 23, 1999 | StCBs, DCCBs | Quarterly | Within 30 days |
| 13 | Form III | Operational Guidelines issued for DEA Fund Scheme, 2014 vide letter no. 3044/30.01.002/ 2017-18 dated September 27, 2017 to all banks | SCBs (including RRBs), Local Area Banks, UCBs, StCBs, DCCBs, SFBs and PBs | Half-yearly (ended on 31 March and 30 September) |
Within 30 days |
| 14 | Statement of Merchant Acquiring Business of RRBs | DOR.RRB.BL.BC.No. 31/31.01.001/2019 – 20 dated February 06, 2020 on Guidelines on Merchant Acquiring Business – Regional Rural Banks | RRBs | Half Yearly (ended on 31 March and 30 September) | Within 10 days |
| 15 | Proforma Ind AS Financial Statement for AIFIs | Circular on “Implementation of Indian Accounting Standards (Ind AS)” dated August 4, 2016 addressed to AIFIs | All India Financial Institutions | Half-yearly (ended on 31 March and 30 Septe-mber) |
Within 60 days |
| 16 | Statement of shareholding (Restrictions on holding shares) | ACD.B.R.388/A.11(19)65-6 dated March 01, 1966 | StCBs, DCCBs | Yearly | Within 30 days |
| 17 | Non-banking Asset | RPCD.RF/ROC.No.15/ 07.07.11/2000-01, dated December 15, 2000 | StCBs, DCCBs | Yearly | Within 30 days |
| 18 | Table 34 (Distribution of offices population/ group wise) | RPCD.CO.RF.No.BC.9/ 07.06.00/2005-06, dated July 06, 2005 | StCBs, DCCBs | Yearly | Within 30 days |
