DBOD.No.BC.15/12.05.005/97-98

February 24, 1998
Phalguna 5, 1919 (Saka)

All Scheduled Commercial Banks

(excluding Regional Rural Banks)

Dear Sir,

Review, Rationalisation and redesigning of returns relating to core commercial banking areas

As you are aware, with the objective of reducing the workload on banks, Reserve Bank of India had appointed a Consultant in February 1995 to look into the present set up of returns to be submitted by banks to Reserve Bank of India. A review was undertaken by the Consultant in respect of existing returns/statements/reviews submitted by banks to Department of Banking Operations and Development. Consequent upon the recommendations made by the Consultant, it has been decided that the scheduled commercial banks need not send 16 returns (as detailed in the Annexure) to the Department of Banking Operations and Development with immediate effect. All other returns may continue to be submitted by the scheduled commercial banks to the respective departments of Reserve Bank of India as hitherto.

Yours faithfully

(D.V. Jhaveri)

General Manager

ANNEXURE - I

Discontinuance of Returns

Sr. No	Name of the Return/Statement	Periodicity	Receiving. department in RBI
1	Category-wise overdue advances of banks	Half yearly	DBOD
2	Regulation 19 of Officers' Service Regulations - Review and Compulsory Retirement	Quarterly	-do-
3	Parameters for judging the performance of banks	Annual	-do-
4	Performance Budgets of banks	Annual	-do-
5	Analysis of profitability of public sector banks	Annual	-do-
6	Statement of staff position	Half yearly	-do-
7	Branches opened/closed during the year, names and addresses of London Offices and members and sub-members of clearing houses in India	Once in two years	-do-
8	Acquisition of premises by foreign banks	Annual	-do-
9	Statement indicating total numbers and value of stock invest issued	Quarterly	-do-
10	Statement of Capital Funds, Risk Assets etc	Annual	-do-
11	Statement showing list of senior executives	Half yearly	-do-
12	Holding of corporate shares/debentures	Half yearly	-do-
13	Review of donations	Annual	-do-
14	Review on Window-dressing	Annual	-do-
15	Statement of Directors belonging to SC/ST	Half yearly	-do-
16	Top 20 sticky accounts and Top 100 suit filed accounts	Quarterly	-do-