Disclosure of divergence in the asset classification and provisioning by banks

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..... a (RBI), vide its Notification No. RBI/2016-17/283; DBR.BP.BC.No.63/21.04.018/2016-17 dated April 18, 2017, requires disclosures by banks in a prescribed format in certain cases of divergence in the asset classification and provisioning. The Notification requires the disclosures to be made in the Notes to Accounts in the ensuing Annual Financial Statements published immediately following communica .....

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..... ancial results filed with the stock exchanges in accordance with clause (d) of sub-regulation (3) of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such disclosures shall be made along with the annual financial results filed immediately following communication of such divergence by RBI to the bank. 3. The Stock Exchanges are advised to bring the provisi .....

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..... 0XX as assessed by RBI 3. Divergence in Gross NPAs (2-1) 4. Net NPAs as on March 31, 20XX as reported by the bank 5. Net NPAs as on March 31, 20XX as assessed by RBI 6. Divergence in Net NPAs (5-4) 7. Provisions for NPAs as on March 31, 20XX as reported by the bank 8. Provisions for NPAs as on March 31, 20XX as assessed by RBI 9. Divergence in provisioning (8-7) 10. Reported Net Pr .....

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