Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

Reserve Bank of India
RBI/2023-24/06
DOR.STR.REC.3/21.04.048/2023-24

April 1, 2023

All Commercial Banks (excluding RRBs)

Madam/Dear Sir

Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

Please refer to the Master Circular DOR.STR.REC.4/21.04.048/2022-23 dated April 1, 2022 consolidating instructions / guidelines issued to banks till March 31, 2022 on matters relating to prudential norms on income recognition, asset classification and provisioning pertaining to advances.

2. This Master Circular consolidates instructions on the above matters issued up to March 31, 2023. A list of circulars consolidated in this Master Circular is contained in Annex 5.

Yours faithfully

(Manoranjan Mishra)
Chief General Manager

Encl.: As above