Reserve Bank of India

RBI/2012-13/32
DNBS.PD.CC.No.282/03.10.042/2012-13

July 2, 2012

To,

All NBFCs (Excluding RNBCs)

Dear Sirs,

Master Circular – Returns to be submitted by NBFCs

In order to have all current instructions in one place, the Reserve Bank of India has issued master circulars to NBFCs on various subjects. It is advised that instructions on various returns to be submitted by NBFCs issued upto June 30, 2012, have been compiled herein. A consolidated list of all such instructions is enclosed for ready reference. The master circular has also been placed on the RBI web-site (http://www.rbi.org.in).

(C.R. Samyuktha)
Chief General Manager


NBFCs are required to submit various returns to RBI w.r.t their deposit acceptance, prudential norms compliance, ALM etc. Detailed instructions regarding submission of returns by NBFCs have been issued through various company circulars. A list of such returns to be submitted by NBFCs-D, NBFCs-ND-SI and others is as under:

A. Returns to be submitted by deposit taking NBFCs

1.  NBS-1 Quarterly1 Returns on deposits in First Schedule.2

2.  NBS-2 Quarterly3 return on Prudential Norms is required to be submitted by NBFC accepting public deposits.4

3.  NBS-3 Quarterly return on Liquid Assets by deposit taking NBFC.5

4.  NBS-4 Annual return of critical parameters by a rejected company holding public deposits

5.  NBS-5 stands withdrawn as submission of NBS 1 has been made quarterly6.

6.  NBS-6 Monthly return on exposure to capital market by deposit taking NBFC with total assets of Rs 100 crore and above .7

7.  Half-yearly ALM return by NBFC holding public deposits of more than Rs.20 crore or asset size of more than Rs. 100 crore.8

8.  Audited Balance sheet and Auditor’s Report by NBFC accepting public deposits.9

B. Returns to be submitted by NBFCs-ND-SI

1.  NBS-7 A Quarterly10 statement of capital funds, risk weighted assets, risk asset ratio etc., for NBFC-ND-SI11

2.  Monthly Return on Important Financial Parameters of NBFCs-ND-SI 12

3.  ALM returns:

4.  (i) Statement of short term dynamic liquidity in format ALM [NBS-ALM1] -Monthly,

5.  (ii)  Statement of structural liquidity in format ALM [NBS-ALM2] Half Yearly

6.  (iii)  Statement of Interest Rate Sensitivity in format ALM -[NBS-ALM3], Half yearly .13

C. Quarterly return on important financial parameters of non deposit taking NBFCs having assets of more than Rs.50 crore and above but less than Rs 100 crore

Basic information like name of the company, address, NOF, profit/loss during the last three years has to be submitted quarterly by non-deposit taking NBFCs with asset size between Rs 50 crore and Rs 100 crore.14

D. Other Returns

1.  As at the end of March every year, all NBFCs are required to submit an annual certificate duly certified by the Statutory Auditors that the company is engaged in the business of NBFI requiring it to hold the CoR. The certificate shall also indicate the asset/income pattern of the NBFC for making it eligible for classification as AFC, Investment Company, or Loan Company.15

2.  An NBFC with FDI has to submit a half yearly (half year ending March and September) certificate to the effect that it has complied with the minimum capitalisation norms and that its activities are restricted to the activities prescribed under FEMA.16

3.  17 With regard to overseas investment a Quarterly Return is to be submitted by all NBFCs to the Regional Office of DNBS and also Department of Statistics and Information Management (DSIM)

A table showing periodicity and particulars of returns is as per Annex .

Reporting dates and Due dates for Returns to be submitted by NBFCs

Sr No
Name of the Return
Short Name
Periodicity
Reference Date
Reporting Time
Due on
Purpose
To be submitted by
1.
Quarterly Returns By deposit taking NBFCs (As required by “Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998”.)
NBS1
Quarterly
31st March/30th June/30th Sept/31st Dec
15 days
15th April/15th July/15th Oct/15th Jan
Details of Assets And Liabilities
NBFCs-D
2.
Quarterly Statement of Capital Funds, Risk Assets etc as required under the Non-Banking Financial Companies Prudential Norms (Reserve Bank) Directions 2007 By deposit taking NBFCs
NBS2
Quarterly
31st March/30th June/30th Sept/31st Dec
15 days
15th April/15th July/15th Oct/15th Jan
Capital Funds, Risk Assets, Asset Classification etc
NBFCs-D
3.
Quarterly Return on Statutory Liquid Assets as per Section 45 IB of the Act By Deposit Taking NBFCs
NBS3
Quarterly
31st March/30th June/30th Sept/31st Dec
15 days
15th April/15th July/15th Oct/15th Jan
Statutory Liquid Assets
NBFCs-D
4.
Annual Return on Repayment of Deposits by the Rejected Companies holding Public Deposits (The return was subsequently simplified for better response)
NBS4
Annual
March 31
30 days
May 01
Details of Public Deposits, Other Liabilities
NBFCs holding public deposits whose application for Certificate of Registration under Section 45-IA of RBI Act, 1934 have been rejected
5.
Monthly Return on Capital Market Exposure
NBS6
Monthly
As at the end of the month
7days
7th day of next month
Details of Capital Market Exposure
NBFCs-D
6.
Quarterly Return of Capital Funds, Risk-Asset Ratio from NBFCs-ND-SI (Supervisory Return)
NBS7
Quarterly
31st March/30th June/30th Sept/31st Dec
15 days
15th April/15th July/15th Oct/15th Jan
Capital Funds, Risk Assets, Risk Weighted off-balance sheet items (Non-Funded Exposures), Asset Classification etc.
NBFCs-ND-SI
7.
Asset-Liability Management (ALM) Return
ALM
Half yearly
31st March/30th Sept
1 month
30th April/30th Oct
Structural Liquidity, Short-term dynamic liquidity, Interest Rate sensitivity etc.
NBFCs-D having public deposit of Rs 20 crore and/or asset size of more than Rs. 100 crore
8.
A Statement of short term dynamic liquidity in format ALM -NBS-ALM1
ALM-1
Monthly
As at end of the month
10 days
10th day of next month
Short-term dynamic liquidity
NBFC-ND-SI
9.
Statement of structural liquidity in format ALM – NBS-ALM2
ALM-2
Half yearly
31st March/30th Sept
20 days
20th April/20th Oct
Structural liquidity
NBFC-ND-SI
10.
Statement of Interest Rate Sensitivity in format ALM-NBS-ALM3.
ALM-3
Half yearly
31st March/30th Sept
20 days
20th April/20th Oct
Interest Rate sensitivity
NBFC-ND-SI
11.
Monthly Return on Important Financial Parameters of NBFCs not accepting/holding public deposits and having asset size of Rs.100 crore and above
100 Crore NBFCs-ND-SI
Monthly
end of every month
7days
7th of next month
Sources and Application of Funds, Profit and Loss Account, Asset Classification, Bank’s/FIs exposure on the company, Details of Capital Market Exposure, Foreign Sources etc.
NBFC-ND-SI
12.
Quarterly return to be submitted by non-deposit taking NBFCs with asset size of Rs 50 crore and above but less than Rs 100 crore,
Quarterly.
31st March/30th June/30th Sept/31st Dec
within a period of one month from the close of the quarter
Basic information like name of the company, address. NOF, profit/loss during the last three years
13
Quarterly Return to be submitted by NBFCs having overseas investment
Quarterly.
31st March/30th June/30th Sept/31st Dec
within a period of one month from the close of the quarter
Name of the WOS/JV, Country and date of incorporation Date of NoC from DNBS, Business undertaken
All NBFCs

Note: NBFCs-D -> Deposit taking Non-Banking Financial Companies (NBFCs);

NBFCs-ND -> Non-Deposit taking NBFCs.

NBFCs-ND-SI -> Non-Banking Financial Companies (NBFCs) not accepting/holding public deposits and having asset sizes of Rs.100 crore and above (also termed as Systemically Important NBFCs or in short NBFCs-ND-SI)

Appendix

List of Circulars

Sr. No. Circular No. Date
(i) Notification No.DFC.118/DG (SPT)-98 January 31, 1998
(ii) NOTIFICATION No. DNBS.192/DG (VL)-2007 February 22, 2007
(iii) NOTIFICATION No. DNBS.193/DG (VL)-2007 February 22, 2007
(iv) Notification DFC(COC) No.108.ED(JRP)/97 April 30, 1997
(v) Notification No. DFC.120/ED(G)-98 January 31, 1998
(vi) Notification No.DFC.121/ED(G)-98 January 31, 1998
(vii) DNBS.PD/CC.No. 93/03.05.002/2006-07 April 27, 2007
(viii) DNBS (RID) C.C. No. 57/02.05.15/2005-06 September 6 , 2005
(ix) DNBS (PD).CC.No. 125/03.05.002/2008-2009 August 1, 2008
(x) DNBS (PD). CC. No. 243/03.02.002/2011-12 September 22, 2011

■■

____________

1.  Revised vide CC NO.243 dated September 22, 2011

2.  Inserted vide Notification No.DFC.118/DG (SPT)-98 dated January 31, 1998

3.  Revised vide CC NO.243 dated September 22, 2011

4.  Inserted vide Notification No. DNBS. 192/DG (VL)-2007 dated February 22, 2007

5.  Inserted vide Notification No DFC(COC) No.108.ED(JRP)/97 dated April 30, 1997

6.  Deleted vide CC NO.243 dated September 22, 2011

7.  Inserted vide Notification No. DNBS. 192/DG (VL)-2007 dated February 22, 2007

8.  Inserted vide DNBS (PD).CC.No.15/02.01/2000-2001 dated June 27, 2001

9.  Inserted vide Notification No.DFC.118/DG (SPT)-98 dated January 31, 1998

10.  Revised vide CC NO.243 dated September 22, 2011

11.  Inserted vide DNBS.PD/CC.No. 93/03.05.002/2006-07 dated April 27, 2007

12.  Inserted vide DNBS (RID) C.C. No. 57/02.05.15/2005-06 dated September 6 , 2005

13.  Inserted vide Notification No. DNBS. 200/CGM(PK)-2008 dated August 1, 2008

14.  Inserted vide DNBS.PD/CC.No.130/03.05.002/2008-09 dated September 24, 2008

15.  Inserted vide DNBS (PD) C.C. No. 79/03.05.002/2006-07 September 21, 2006 and DNBS (PD) C.C. No. 81/03.05.002/2006-07 dated October 19, 2006

16.  Inserted vide DNBS (PD).CC. No 167/03.10.01/2009-10 dated February 04, 2010

17.  Inserted vide Notification No. DNBS.(PD)229/CGM(US)-2011 dated June 14, 2011

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