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Classification in the Balance Sheet - Capital Instruments


 Notice Date : 30 March 2010

Classification in the Balance Sheet - Capital Instruments

RBI/2009-10/368
DBOD.BP.BC No.81/ 21.01.002/2009-10

March 30, 2010

The Chairmen/Chief Executives of
All Commercial Banks
(excluding RRBs)

Dear Sir

Classification in the Balance Sheet - Capital Instruments

It has been observed that there is no uniformity in the accounting practice followed by banks in classifying the various regulatory capital instruments for the purpose of presentation in the Balance Sheet. We have recently examined the issue and advise that the following classification may be adopted in the balance sheet from the financial year ending March 31, 2010:

Under Schedule 1-Capital

(1) Perpetual Non-Cumulative Preference Share (PNCPS)

Under Schedule 4 – Borrowings

(2) Innovative Perpetual Debt Instruments (IPDI)

(3) Hybrid debt capital instruments issued as bonds/debentures

(4) Perpetual Cumulative Preference Shares (PCPS)

(5) Redeemable  Non-Cumulative Preference Shares (RNCPS)

(6) Redeemable  Cumulative Preference Shares (RCPS)

(7) Subordinated Debt

Yours faithfully,

(B. Mahapatra)
Chief General Manager

 

 

Guest
on 30 March 2010
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