No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2009-10/277 · issued 30 Dec 2009 · ~2 min read
Quick answerNon-scheduled UCBs must submit quarterly ALM statements in paper form to RBI until the OSS software is updated. Tier II banks report structural liquidity and interest rate sensitivity; Tier I banks report only structural liquidity. Returns are due within one month of quarter-end.
The rule, in the simplest words
Non-scheduled UCBs (Urban Cooperative Banks that are not listed on the stock market) must send ALM (Asset Liability Management, a way to check if the bank has enough cash to pay its bills) reports on paper until the OSS (Offsite Surveillance System, a computer system for sending reports to RBI) is updated.
Tier II banks (bigger UCBs) must send two paper reports every quarter: one about structural liquidity (whether the bank can pay its short-term debts) and one about interest rate sensitivity (how changes in interest rates affect the bank).
Tier I banks (smaller UCBs) must send only the structural liquidity report on paper every quarter.
All reports must be sent to the RBI Regional Office within one month after the quarter ends (by end of April, July, October, and January).
Each bank must pick one or two senior officials as AROs (Authorized Reporting Officials, people who are in charge of making sure the reports are correct and on time).
How it plays out — a real example
A co-operative bank branch officer in Indore at a Tier II non-scheduled UCB collects the bank's cash and loan data for the quarter ending March. She prepares the structural liquidity and interest rate sensitivity statements on paper, gets them signed by the ARO (a senior manager), and mails them to the RBI Regional Office in Mumbai before April 30. She also notes the ARO's name on the cover letter so RBI knows who to call if there's a mistake.
What changed
RBI had previously issued ALM guidelines for non-scheduled UCBs in September 2008, promising separate instructions for return submission. This circular now specifies that until the OSS software is amended, banks must submit ALM statements in paper form. It also introduces the requirement to designate Authorized Reporting Officials (AROs) responsible for correct and timely submission.
What it means for you
Non-scheduled UCBs must continue manual reporting of ALM data quarterly, with no relief from compliance timelines. The designation of AROs signals RBI's intent to enforce accountability for data accuracy and timeliness. Banks should prepare for eventual migration to electronic OSS reporting once the software is ready.
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
Designate one or two senior officials as Authorized Reporting Officials (AROs) for ALM returns.
Submit quarterly Statement of Structural Liquidity (and Interest Rate Sensitivity for Tier II) in paper form to the concerned RBI Regional Office within one month of quarter-end.
Communicate names and designations of AROs to the Regional Office while forwarding returns.
Place this circular before the Board of Directors in the next meeting.
Acknowledge receipt of the circular to the Regional Office.
Who it affects
All non-scheduled Primary (Urban) Cooperative Banks, Tier I and Tier II non-scheduled UCBs, Senior management and compliance teams of these banks
❓ Common questions
Regulatory timeline
Decoded by BankPulse2026-06-19 07:51 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 deadline for submitting ALM returns under this circular?
Returns must be submitted within one month from the end of each quarter (March, June, September, December).
Which statements are required for Tier I vs Tier II non-scheduled UCBs?
Tier II banks must submit both the Statement of Structural Liquidity and Interest Rate Sensitivity. Tier I banks need only the Statement of Structural Liquidity.
Who is responsible for the accuracy of these returns?
The designated Authorized Reporting Official(s) (AROs) are fully responsible for correct compilation and timely submission. Their names must be communicated to the RBI Regional Office.
📜 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)
RBI’s words: “Official withdrawal register entry #144: UBD.BPD.(PCB).Cir.No.39/12.05.001/2009-10 — "UCBs - Liquidity Risk Management System in Non Scheduled Banks - Reporting" dated December 30, 2009”
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/277
UBD.BPD.(PCB).Cir No. 39 /12.05.001/2009-10
December 30, 2009
The Chief Executive Officers
All Non-Scheduled Primary (Urban) Cooperative Banks
Dear Sir / Madam
UCBs - Liquidity Risk Management System in Non Scheduled Banks – Reporting
Please refer to our circular UBD.PCB.Cir No. 12 & 13/12.05.001/2008-09 dated September 17, 2008 prescribing Asset Liability Managerment (ALM) including Liquidity Risk Management guidelines to be followed by Non-Scheduled Banks. It had been advised that a separate communication would follow regarding submission of returns to RBI under Offsite Surveillance System (OSS).
2. In this connection, it is advised that until the OSS software is suitably amended for reporting ALM returns, Non Scheduled UCBs should submit the ALM statements in paper form as under:
Non Scheduled UCBs in Tier II may prepare the Statement of Structural Liquidity and Interest Rate Sensitivity as at the end of March / June / September / December and submit to the Regional Office of RBI within a month from the end of the quarter.
Non Scheduled UCBs in Tier I may prepare the Statement of Structural Liquidity as at the end of March / June / September / December and submit to the Regional Office of RBI within a month from the end of the quarter.
3. It may be noted that RBI attaches utmost importance to this reporting system and expects banks to submit the ALM returns correctly and within the prescribed time. To this end, banks may designate and authorize one or two senior official/s who would be responsible for the correct compilation and timely submission of these returns and who would be fully responsible for the information furnished therein. Such designated Authorized Reporting Official/s (ARO/s) would have to liase with the officials in the Off-site Surveillance (OSS) Division of Urban Banks Department. The names and designations of the ARO/s may be indicated to the concerned Regional Office of UBD while forwarding these returns.
4. Please acknowledge receipt of this circular to our Regional Office concerned and also place it before your Board of Directors in its next meeting.
Yours faithfully
(A.K. Khound)
Chief General Manager-In-Charge
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/277 · issued 30 Dec 2009. The plain-English explanation above is BankPulse’s own independent summary.
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 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=5440&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.
Help us keep this accurate
Found an inaccuracy or have an improvement? Tell us. Every report is reviewed by our team before any change is made — nothing goes live unverified.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
BANKPULSE · FREE DAILY BRIEF
Get RBI updates for your role
Every important RBI update, decoded in plain English — for your career, exams & financial awareness.
We collect only your email, name and role, used solely to send your brief — never sold or shared. Withdraw anytime via the unsubscribe link in any email. Independent platform, not affiliated with the RBI. Information, not legal advice.
REPORT AN ERROR · BETA
Spotted an error? Earn 500 BankPulse Credits
Help us stay accurate. If your correction is verified true and approved by our founder, you earn 500 BankPulse Credits — redeemable when the platform monetises.
Reviewed by a human before any credit is awarded. We never change the site from crowd input without verification.
WANT A NEW FEATURE · BETA
What would make BankPulse more useful for you?
Tell us what to build next — a tool, a data view, a role page, anything. We read every suggestion.
Thank you — your ideas directly shape what we build.