ALM: Fortnightly Structural Liquidity Reporting from April 2008
No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2007-08/278 · issued 09 Apr 2008 · ~1 min read
Quick answerFrom April 1, 2008, banks must submit the Statement of Structural Liquidity fortnightly (as on first and third Wednesday) to RBI's OSMOS Division, with a 7-day submission deadline.
The rule, in the simplest words
Starting April 1, 2008, banks must send a report about their liquidity (cash available) to RBI every two weeks, on the first and third Wednesday of each month.
The report must be sent within 7 days after each Wednesday date.
Banks need to set up their computer systems to track liquidity every day, even though they only report every two weeks.
How it plays out — a real example
A branch operations officer in Indore, Priya, updates her bank's liquidity report every day using the new system. On the first Wednesday of April, she checks the numbers and submits the fortnightly statement to RBI's OSMOS Division by the following Wednesday, making sure it's within the 7-day deadline.
What changed
RBI increased the supervisory reporting frequency of the Structural Liquidity statement from monthly to fortnightly, effective April 1, 2008. Banks must now report positions as on the first and third Wednesday of each month, with submission due within seven days.
What it means for you
Banks need to upgrade their MIS to generate daily structural liquidity data and submit fortnightly reports to RBI. This tighter frequency demands stronger internal systems for dynamic liquidity management and closer monitoring of maturity mismatches.
Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.
What banks were required to do at the time
Ensure your MIS can produce the Statement of Structural Liquidity on a daily basis as advised earlier.
Set up processes to submit the statement fortnightly (as on first and third Wednesday) to RBI's OSMOS Division.
Adhere to the 7-day submission deadline from each reporting date.
Review and fine-tune your liquidity risk measurement framework to align with the granular approach.
Who it affects
All commercial banks (excluding RRBs), Treasury and ALM teams, Risk management and compliance departments
❓ Common questions
Regulatory timeline
Stated effective dateeffective April 1, 2008
Decoded by BankPulse2026-06-19 14:17 IST
repealed_by — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
What is the new reporting frequency for the Structural Liquidity statement?
From April 1, 2008, banks must report fortnightly—as on the first and third Wednesday of each month—instead of the earlier monthly frequency.
Where and by when should the statement be submitted?
Submit to RBI's Department of Banking Supervision, OSMOS Division, within seven days from the reporting date (the Wednesday).
Does this change affect the earlier requirement for daily liquidity management?
No. Banks were already advised to prepare the statement daily for internal use; this circular only increases the supervisory reporting frequency to fortnightly.
📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
Repealed byRBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
📜 Read the original circular — full text as issued by RBI
RBI/2007-08/278
DBOD. No. BP. BC. 68 / 21.04.098/ 2007-08
April 9, 2008
Chairmen / Chief Executive Officers
All Commercial Banks
(excluding RRBs)
Guidelines on Asset-Liability Management (ALM) System
Please refer to DBOD Circular No.DBOD. BP. BC. 38 / 21.04.098/ 2007-08 dated October 24, 2007 advising banks to adopt a more granular approach to measurement of liquidity risk. Banks were also advised to undertake dynamic liquidity management and prepare the Statement of Structural Liquidity on daily basis. The Statement of Structural Liquidity was, however, to be reported to RBI, once a month, as on the third Wednesday of every month.
2. It was also indicated that to enable the banks to fine tune their existing MIS as per the modified guidelines, the revised norms as well as the supervisory reporting as per the revised format would commence with effect from the period beginning January 1, 2008 and the reporting frequency would continue to be monthly for the present. However, the frequency of supervisory reporting of the Structural Liquidity position shall be fortnightly, with effect from April 1, 2008.
3. Accordingly, banks are advised to submit the Statement of Structural Liquidity as on the first and third Wednesday of every month to Reserve Bank of India, Department of Banking Supervision, OSMOS Division. The due-date of the submission of the Statement would be the seventh day from the reporting date.
Yours faithfully,
(P. Vijaya Bhaskar)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2007-08/278 · issued 09 Apr 2008. The plain-English explanation above is BankPulse’s own independent summary.
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BankPulse Compliance Evidence Pack — generated 05 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=4112&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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