| S. No. |
Data Elements |
Harmonised Definitions |
| Profit and Loss Account |
| 1 |
Interest earned/ interest income |
Includes interest and discount on all types of loans and advances like cash credit, demand loans, overdrafts, export loans, term loans, domestic and foreign bills purchased and discounted (including those rediscounted), interest on debt instruments (including Government securities), overdue interest and also penal interest, interest subsidy, etc., if any, relating to such advance/bills. Note: Dividend on equity/ preference shares is other operating income. Interest on advance income tax, etc. are to be considered as miscellaneous income. |
| 2 |
Income from off balance sheet operations |
Income earned from contingent facilities (such as fee income earned for issue of LCs, BGs, acceptances, endorsements and committed lines of credit) and positive marked to market (MTM) valuations of derivative transactions or gains recorded on derivative transactions due to favourable movements of market variables (such as yields, exchange rates). |
| 3 |
Other operating income |
Income earned from regular activities of banks other than from the core operations of lending and investing of funds, which yield interest income. It includes commission, exchange and brokerage (such as commission on bills for collection, commission / exchange on remittances / transfers, commission on LCs / guarantees, processing charges, syndication fees, credit / debit card fee income, locker rent, commission on government business, brokerage on securities, fee on insurance / mutual fund referral and banking service charges), profit on exchange transactions (revaluation gains / losses on forward foreign exchange contracts and other derivative contracts, premium income / expenses on options, etc), dividends from subsidiaries and joint ventures abroad/ in India. |
| 4 |
Non-operating Income |
Non-operating income is income earned by banks from other than their core/ regular activities and which are not their regular source of income, e.g., profit (and losses) on sale of fixed assets/ HTM category investments, revaluation of HTM category investments, recovery of written-off assets, etc. |
| 5 |
Recovery from written off accounts |
The amount a bank receives in part or full against the previously written off assets. It is considered as non-operating income. |
| 6 |
Operating expenses |
Expenses other than interest expenses, provisions & contingencies. It includes payments to and provisions for employees, rent/ taxes & lighting, printing & stationery, advertisement & publicity, depreciation on bank's property, directors' fees/ allowances & expenses, auditors' fees & expenses (including branch auditors’ fees and expenses), law charges, postages/ telegrams & telephones, repairs & maintenance, insurance and other expenditure. |
| 7 |
Interest expenses/ expended |
These are interest paid on deposits and borrowings. It includes interest paid on all types of deposits including deposits from individuals, banks and other institutions, discount/ interest on all borrowings and refinance (including those from the RBI, other banks and financial institutions). All other payments like interest on participation certificates, penal interest paid, etc. also form part of interest expenses. |
| 8 |
Write-off |
Write-off, complete or partial, is the reduction in the gross carrying amount of an asset, when the entity has no reasonable expectations of recovering the asset in its entirety or a portion thereof. |
| 9 |
Net interest income |
The difference between the interest income and the interest expenses. |
| 10 |
Return on assets |
A profitability ratio which indicates the profits (i.e., income) generated on average working funds (i.e., total of assets excluding accumulated losses, if any). It is computed by dividing net income (i.e., profits after tax) by average working funds. Average working funds is derived from the monthly average total assets as reported to RBI in Form X under Section 27 of the Banking Regulation Act, 1949 during the year. |