| S. No. |
Data Elements |
Harmonised Definitions |
| Liabilities |
| 1 |
Equity/ Ordinary Share |
A share, which is not a preference share, is called equity/ ordinary share. |
| 2 |
Local Capital Funds |
Interest free funds remitted from Head Office (Overseas Parent) for meeting capital adequacy norms of foreign bank branch (es) in India. These are kept in a separate account in Indian books. |
| 3 |
Preference Share Capital |
That part of the share capital, which enjoys preferential rights in respect of payments of fixed dividend and repayment of capital. Preference shares may also have full or partial participating rights in surplus profits or surplus capital. |
| 4 |
Paid-up Capital |
That part of the subscribed share capital for which consideration in cash or otherwise has been received. Paid up capital comprises of equity share capital and preference share capital subject to RBI prescriptions as regards preference shares (Presently, only perpetual non-cumulative preference shares are advised to be included). Bonus shares allotted by the bank are also included. Foreign banks should report their local capital funds here. |
| 5 |
Paid-up Equity Capital |
That part of the subscribed equity share capital for which consideration in cash or otherwise has been received. Accordingly, calls-in-arrears is not part of paid-up equity capital, but paid-up value of forfeited shares is included here. Also bonus shares allotted by the enterprise are included. In case of foreign banks, their local capital funds should be included here. |
| 6 |
Reserves and Surplus |
The portion of earnings, receipts or other surplus (including balances in profit/ loss account) of an enterprise (whether capital or revenue) appropriated by the management for a general or a specific purpose other than a provision for depreciation or diminution in the value of assets or for a known liability. ‘Reserve’ shall not include any amount written-off or retained by way of providing for depreciation, renewals or diminution in value of assets or retained by way of providing for any known liability. Reserves could be of many types, for eg., statutory reserves, capital reserve, share premium, revenue and other reserves, revaluation reserves, etc. |
| 7 |
Capital and Reserves |
Paid up capital + all reserves and surplus (e.g., statutory reserves, capital reserve, share premium, revenue and other reserves, revaluation reserves, and balance carried forward from profit and loss account), net of accumulated losses/ debit in the P& L Account. |
| 8 |
Statutory Reserves |
Reserves created out of the profits in compliance with the Section 17 (c) and 11(2)(b) of the Banking Regulation Act, 1949. |
| 9 |
Revaluation Reserve |
A reserve created on the revaluation of assets or net assets represented by the surplus of the estimated replacement cost or estimated market values over the book values thereof. |
| 10 |
Capital Reserves |
Capital reserves arise on account of sale of land and premises, revaluation of fixed assets, sale investments held under ‘Held to Maturity’ category or investment in subsidiaries/ associates, joint ventures (or other strategic partners), on amalgamations/ mergers, consolidation of financials of subsidiary, etc. In respect of foreign banks, it also includes funds held in a separate account which (a) are interest-free and remitted from abroad for the purpose of acquisition of property and (b) arise out of sale of assets in India, and not eligible for repatriation so long as the bank functions in India. These reserves are not available for distribution as dividend. |
| 11 |
Share Premium |
The excess of the issue price of shares over their face value. |
| 12 |
Revenue Reserves |
Any reserve other than Capital Reserve. |
| 13 |
Investment Reserve/ Investment Depreciation Reserves |
In the event of provisions created on account of depreciation in the ‘Available for Sale’ or ‘Held for Trading’ categories being found to be in excess of the required amount in any year, the excess should be credited to the Profit & Loss account and an equivalent amount (net of taxes, if any and net of transfer to Statutory Reserves as applicable to such excess provision) should be appropriated to an Investment Reserve Account. |
| 14 |
Unallocated Surplus |
Balance amount remaining in profit and loss account after making all appropriations. These are shown as balances of profit/ loss carried to the balance sheet under 'Reserves and Surplus'. |
| 15 |
Net Worth |
The excess of the book value of assets of a bank over its liabilities. Net worth comprises of paid-up capital plus Free Reserves including Share Premium but excluding Revaluation Reserves plus Investment Fluctuation Reserve/ and credit balance in Profit & Loss account, less debit balance in Profit and Loss account, Accumulated Losses, Intangible Assets and Deferred Revenue Expenditure. No general or specific provisions should be included in computation of net worth. |
| 16 |
Free Reserve |
A reserve, the utilisation of which is not restricted in any manner. |
| 17 |
Borrowings |
Borrowings by a bank may be from the RBI/ Government (in form of LAF overnight/ term fixed/ variable rate repo, from Government owned institutions, etc.), borrowings from other banks, from non-depository institutions (such as insurance companies and pension funds), from refinancing institutions (EXIM Bank, NABARD etc.), from other financial institutions, from public, etc. Borrowings may be through inter-bank/ money/ capital markets either in the form of, simple borrowing/ lending arrangements, or by way of refinancing, participation certificates, or through markets (such as repo), or by issuing capital/ debt instruments (such as preference shares excluding PNCPS). Borrowings will also include borrowing from head offices in respect of branches of foreign banks. Inter-office transactions are not borrowings. Borrowings in India as well as outside India will be as per RBI’s circular on “Revised Format of the Balance Sheet and Profit & Loss Account”. |
| 18 |
Refinancing |
Financing of a loan asset of a bank through liability raised from refinancing agencies. Government of India, RBI, EXIM Bank, NABARD and SIDBI are major agencies that provide refinance to banks for loans extended to specified sectors. The refinance obtained by a bank from refinancing agencies (including other institutions notified by the RBI or Government of India) represents borrowings of the bank. |
| 19 |
Inter-bank Borrowings |
A subset of total borrowings of a bank. Borrowings by one bank from another bank. It includes borrowings by banks in inter-bank markets such as Repo, Call money, etc. for specified period. Inter-office transactions are not borrowings and hence should not be included under the item. |
| 20 |
Commercial Paper |
A short-term unsecured money market instrument issued in the form of promissory note by companies, PDs and FIs, satisfying stipulated eligibility criteria. It is issued at a discount on the face value and can have tenure of 7 days to one year from the date of issue. It is freely tradable. Individuals, banks, other corporate bodies (registered or incorporated in India), unincorporated bodies and non-resident Indians are also eligible to invest in Commercial Paper. |
| 21 |
Secured Borrowings |
Borrowings contracted in India or abroad against securities. The security (tangible assets) may be forfeited by the lender if the borrower fails to make the necessary payments. |
| 22 |
Deposits |
Acceptance of Money, repayable on demand or otherwise, and withdrawable by cheque or otherwise. Aggregate deposits comprise deposits of branches in India and outside India; It comprises of (a) demand deposits from banks and from others (including credit balances in overdrafts, cash credit accounts, deposits payable at call, overdue deposits, inoperative current accounts, matured time deposits and cash certificates, certificates of deposits, etc.)., (b) savings bank deposits (including inoperative saving bank accounts) and (c) term deposits from banks and others (including fixed deposits, cumulative and recurring deposits, cash certificates, certificates of deposits, annuity deposits, deposits mobilised under various schemes, ordinary staff deposits, foreign currency non-resident deposits accounts, etc.). However, overdraft accounts (i.e., negative balances in deposits accounts) should be excluded and be treated as credit/ loans. Bankers’ cheques, demand drafts, telegraphic transfers etc., which are issued but not presented, are not part of deposits, but should be treated as “Other liabilities”. Deposits of offshore banking units (OBUs) may be treated as deposits outside India. |
| 23 |
Business in India |
Business in India means all transactions done through branches of banks located in India. The term excludes transactions done by offshore banking units (OBUs) of Indian banks located in India, except with regard to their transactions in respect of the SEZs and units in the Domestic Tariff Area. Further, credit given (or any other business) by International Finance Service Centres (IFSC) Banking Units (IBUs) should also be excluded. |
| 24 |
Inter-bank Deposits |
Deposits placed by other banks with the bank. |
| 25 |
Customer Deposits |
Deposits other than inter-bank deposits, which are repayable on demand or otherwise and withdrawable by cheque or otherwise. |
| 26 |
Current Account |
A form of demand deposit account wherefrom withdrawals are allowed any number of times depending upon the balance in the account or up to a particular agreed amount and shall also be deemed to include other deposit accounts which are neither Savings nor Term deposit account. |
| 27 |
Current Deposits |
Current/demand deposits comprise of balances in current accounts (including inoperative accounts) and other deposits payable on demand, excluding savings account deposits, but including cash certificates, matured term deposits (that are not auto renewed), credit balances in overdrafts, cash credit accounts, and sundry deposits identifiable as relating to deposits accounts. |
| 28 |
Savings Deposits |
A deposit account whether designated as "Savings Account", "Savings Bank Account", "Savings Deposit Account" or other account by whatever name called which is subject to the restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period. |
| 29 |
Term Deposits |
Deposits received by the bank for a fixed period, and which are withdrawable after the expiry of the said fixed period and shall also include deposits such as recurring/ cumulative/ annuity/ reinvestment deposits, cash certificates, etc. The minimum tenor of term deposits is seven days. Certificates of deposits are also treated as term deposits. |
| 30 |
Demand Deposits |
A deposit received by the bank which is withdrawable on demand. This includes current deposits, demand portion of savings deposits, credit balances in overdrafts, cash credit accounts, deposits payable at call, overdue deposits, cash certificates, etc. For calculating "demand liability” and "time liability” portions of saving deposits, the average of the minimum balances maintained (in each account) in each of the month during the half year period shall be treated by the bank as the amount representing the "time liability” portion of the savings bank deposits. When such an amount is deducted from the average of the actual balances maintained during the half year period, the difference would represent the "demand liability” portion. The proportions of demand and time liabilities so obtained for each half year shall be applied for arriving at demand and time liabilities components of savings bank deposits for all reporting fortnights during the next half year. |
| 31 |
Time Deposits |
Deposits, which are not demand deposits. |
| 32 |
Certificates of Deposits |
A negotiable money market instrument issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. CDs can be issued by scheduled commercial banks (excluding Regional Rural Banks and Local Area Banks) and select All-India Financial Institutions (AIFIs) that have been permitted by the RBI to raise short-term resources within the umbrella limit fixed by the RBI. The maturity period of CDs issued by banks should not be less than 7 days and not more than one year, from the date of issue. FIs can issue CDs for a period not less than 1 year and not exceeding 3 years from the date of issue. CDs are freely tradable and can be held by Individuals, corporations, companies (including banks and PDs), trusts, funds, associations, etc. and Non-Resident Indians (on non-repatriable basis). |
| 33 |
Margin Deposits |
A security in the form of deposits that the bank requires its customers to place with it when it takes current/ potential exposure on their account. Margin deposits, which are not free deposits, must be treated as “Other liabilities”. |
| 34 |
Bulk Deposit |
Rupee term deposits of Rs. 1 Crore and above (present threshold), on which banks are permitted to offer differential rates of interest. |
| 35 |
Floating Rate Deposits |
A deposit whose interest rate is periodically adjusted upwards or downwards on the basis of a clearly linked benchmark interest rate or an index. Only market-based benchmark rates, which are directly observable and transparent to the customer, should be used by banks for pricing their floating rate deposit. |
| 36 |
Bills Payable |
Instruments issued by banks against money received from customers, which are to be paid to the customers or as per their orders (usually at different bank branches). Bills payable include demand drafts, telegraphic transfers, traveller's cheques/ cards, pay-orders, banker's cheques and similar other instruments issues by banks but not presented for payment. |
| 37 |
Inter-office Adjustments Liabilities |
The inter-office adjustments balance, if in credit, should be shown under this head. However, the bank should first segregate the credit entries outstanding for more than 5 years in the inter-office account and transfer them to a separate Blocked Account which should be shown under ‘Other Liabilities & Provisions - Others’. While arriving at the net amount of inter-office transactions for inclusion here, the aggregate amount of Blocked Account should be excluded and only the amount representing the remaining credit entries should be netted against debit entries. Only net position of inter-office accounts, inland as well as foreign, should be shown here. |
| 38 |
Interest Payable/ Interest Accrued Payable Provision |
Interest accrued but not due for payment on various deposits and borrowings. |
| 39 |
Provisions/ Provisions Held |
An amount held in the balance sheet towards depreciation or diminution in value of assets or towards any known liability and the amount of which cannot be determined with substantial accuracy. This would include general provisions, specific provisions and any other provision made by the banks. |
| 40 |
General Provision |
General provisions are provisions routed through profit and loss account but not attributable to any actual diminution in value or identifiable potential loss in any specific asset. This would include floating provision, counter cyclical provisioning buffer, provisions for unhedged foreign currency exposure, provision made in respect of standard assets, etc. |
| 41 |
Specific Provision |
An amount held in the balance sheet, which is attributable to actual diminution in value or identifiable potential loss in a specific asset. This would include provisions made towards non-performing assets (including additional provisions made on them over and above the regulatory requirements), provisions made towards restructured assets (including assets classified as restructured standard asset), fraud accounts etc. |
| 42 |
Floating Provision |
A provision which is not made in respect of specific non-performing asset/s or made, in excess of regulatory requirement for provisions for standard assets. |
| 43 |
Counter Cyclical Provisioning Buffer |
A provisioning buffer created during good times i.e., when the profits are good, which can be used for absorbing losses in a downturn |