| NBFC Returns – Revised Formats |
|
To increase the accountability of NBFCs, the Reserve Bank of India has made efforts towards rationalizing its data collecting system by streamlining the systems of reporting and filing of various documents by both, Deposit Accepting and Non-Deposit Accepting NBFCs.
As per the DNBS(PD).CC.No.243/03.02.02/2011-12 dated 22.09.2011, the following changes in the format and periodicity of filing returns have been made.
|
|
Form
|
Purpose
|
Any Change in
|
Periodicity
|
Effective From
|
|
Periodicity
|
Format
|
Before this circular
|
After this circular
|
|
NBS 1
|
Return on deposit in First Schedule
(To be submitted by Deposit Accepting NBFCs)
|
Yes
|
Yes
|
Annually
|
Quarterly
|
June,2011
|
|
NBS 2
|
Return on Prudential Norms
(To be submitted by Deposit Accepting NBFCs)
|
Yes
|
Yes
|
Half-Yearly
|
Quarterly
|
June,2011
|
|
NBS 3
|
Return on Liquid Assets
(To be submitted by Deposit Accepting NBFCs)
|
No
|
Yes
|
Quarterly
|
Quarterly
|
No Change
|
|
NBS 4
|
Return on Repayment on Deposit
(To be submitted by NBFC holding public deposits whose application for has been rejected)
|
Yes
|
No
|
Annually
|
Annually
|
No change
|
|
NBS 5
|
Monetary and Supervisory Return
(To be submitted by all NBFCs, and Residuary Non-Banking Companies holding
public deposits of Rs. 20 Crores and above as per the last audited balance sheet)
|
Withdrawn
|
N.A.
|
Quarterly
|
N.A.
|
N.A.
|
|
NBS 6
|
Return on exposure to capital market
(To be submitted by Deposit Accepting NBFCs with total assets of Rs. 100 Crore or above)
|
No
|
Yes
|
Monthly
|
Monthly
|
Sep, 2011
|
|
NBS 7
|
Statement of Capital Funds, Risk Weighted Assets, Risk Asset Ration
(To be submitted by Non-Deposit Accepting NBFCs)
|
Yes
|
Yes
|
Annually
|
Quarterly
|
June,2011
|
|
Monthly Return
|
Return on Important Financial Parameters
(To be submitted by Non-Deposit Accepting NBFCs)
|
No
|
Yes
|
Monthly
|
Monthly
|
Sep, 2011
|
|
Return on Important Financial Parameters
|
Return on Important Financial Parameters of non-deposit accepting NBFCs having asset size of Rs. 50 Crore and above but less than 100 Crore.
|
No
|
No
|
Quarterly
|
Quarterly
|
No Change
|
|
|
The revised formats are available on https://cosmos.rbi.org.in.
|
|
|
External Commercial Borrowings (ECB) – Rationalization and Liberalization
|
|
The Reserve Bank of India vide A.P. (DIR Series) Circular No. 25, 26 and 27 dated 23.09.11 has further liberalized the External Commercial Borrowing (ECB) Norms. The following are the highlights of the circulars:
|
|
|
