Additional Disclosures in Notes to Accounts for AIFIs
Current · Source: Reserve Bank of India · RBI/2009-2010/363 · issued 26 Mar 2010 · ~1 min read
Quick answerRBI extends bank disclosure norms to select AIFIs (Exim Bank, NABARD, NHB, SIDBI) effective March 2010. These institutions must now follow the same additional disclosure requirements in notes to accounts as scheduled banks.
The rule, in the simplest words
From March 2010, Exim Bank, NABARD, NHB and SIDBI must add the same extra details in their financial statements as banks do (the extra details are called “notes to accounts”).
The extra details must follow the RBI rules that were issued to banks on 15 March 2010, and the same rules apply to these AIFIs without any change (mutatis mutandis).
Having the same disclosures makes it easier for banks and other lenders to see how these AIFIs are doing and to judge credit risk.
Banks should update their credit‑assessment templates, train staff and check that the AIFIs’ reports include the new disclosures.
How it plays out — a real example
Rohit, a senior relationship manager at a commercial bank in Delhi, opens the latest quarterly report of Exim Bank. He reads the new “notes to accounts” section, which now contains the same extra information that banks provide, and uses it to refresh his credit‑risk rating for the bank’s loan portfolio, feeling confident that he has a clearer picture of Exim Bank’s financial health.
What changed
RBI issued a circular extending its March 15, 2010 guidelines on additional disclosures in notes to accounts (originally for banks) to select All India Financial Institutions. The affected AIFIs are Exim Bank, NABARD, NHB, and SIDBI. The new rules apply mutatis mutandis, meaning the same disclosure requirements now apply to these institutions.
What it means for you
Banks and AIFIs now face uniform disclosure standards, enhancing transparency and comparability. For lenders dealing with these institutions, this means more detailed financial information will be available in their notes to accounts. This could improve credit assessment and risk monitoring for exposures to these AIFIs.
What you must do
Review the enclosed March 15, 2010 circular for specific disclosure requirements now applicable to AIFIs.
Update internal credit assessment templates to incorporate additional disclosures from AIFIs.
Train relationship managers on the new disclosure norms for Exim Bank, NABARD, NHB, and SIDBI.
Monitor AIFI financial statements for compliance with the new disclosure standards.
Who it affects
Exim Bank, NABARD, NHB, SIDBI, Banks with exposure to these AIFIs, Regulatory compliance teams
❓ Common questions
Which institutions are covered by this circular?
The circular applies to select All India Financial Institutions: Exim Bank, NABARD, NHB, and SIDBI.
What is the effective date of these disclosure requirements?
The circular was issued on March 26, 2010, and the referenced bank guidelines were dated March 15, 2010. The requirements apply from that period.
Do these disclosure norms differ from those for banks?
No, the circular states that the guidelines issued to banks shall apply mutatis mutandis to the AIFIs, meaning the same requirements apply without modification.
📜 Read the original circular — full text as issued by RBI
RBI/2009-2010/363
DBOD.No.FID.FIC.8/01.02.00/2009-10
March 26, 2010
The CEOs of the select All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Additional Disclosures in Notes to Accounts
Please find enclosed a copy of Circular DBOD.No.BP.BC.No.79/21.04.018/2009-10 dated March 15, 2010 on the above subject. In this connection, it is advised that the above guidelines issued to banks, shall mutatis mutandis apply to the select All India Financial Institutions (AIFIs).
Yours faithfully
(Vinay Baijal)
Chief General Manager
Encl.: As above
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-2010/363 · issued 26 Mar 2010. The plain-English explanation above is BankPulse’s own independent summary.
Example: if you are a Compliance officer at a bank this circular applies to (Exim Bank, NABARD, NHB, SIDBI, Banks with exposure to these AIFIs, Regulatory compliance teams), your first concrete step on “Additional Disclosures in Notes to Accounts for AIFIs” is: “Review the enclosed March 15, 2010 circular for specific disclosure requirements now applicable to AIFIs.” (RBI issued this 26 Mar 2010).
Circular: RBI/2009-2010/363 -- Additional Disclosures in Notes to Accounts for AIFIs
Issued: 26 Mar 2010
Action required: Review the enclosed March 15, 2010 circular for specific disclosure requirements now applicable to AIFIs.
Action required: Update internal credit assessment templates to incorporate additional disclosures from AIFIs.
Action required: Train relationship managers on the new disclosure norms for Exim Bank, NABARD, NHB, and SIDBI.
Action required: Monitor AIFI financial statements for compliance with the new disclosure standards.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
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=5549&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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