Source: Reserve Bank of India · RBI/2011-12/68 · issued 01 Jul 2010 · ~1 min read
Quick answerRBI consolidated disclosure norms for all-India term-lending and refinancing institutions (Exim Bank, NABARD, NHB, SIDBI) into a single master circular effective July 1, 2011, covering capital, asset quality, liquidity, and risk disclosures in financial statements.
What changed
RBI issued a master circular consolidating all previous instructions on disclosure norms for financial institutions up to June 30, 2011. The circular updates the earlier version dated July 1, 2010, and includes guidelines on disclosures in 'Notes to Accounts' for areas like capital adequacy, asset quality, restructured accounts, and derivatives.
What it means for you
Banks and FIs must ensure their financial statements include standardized disclosures as per this master circular, enhancing transparency and comparability. The circular sets minimum disclosure requirements, but institutions can add more. Compliance is critical for audit and regulatory scrutiny.
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
Review and update your financial statement disclosure templates to align with the master circular's requirements.
Ensure 'Notes to Accounts' include all mandatory disclosures on capital, asset quality, liquidity, and risk.
Train your finance and compliance teams on the updated disclosure norms to avoid gaps.
Coordinate with auditors to verify that disclosures meet RBI's minimum standards.
Who it affects
All-India term-lending and refinancing institutions (Exim Bank, NABARD, NHB, SIDBI), Finance and compliance teams of these FIs, External auditors reviewing FI financial statements
📜 Read the original circular — full text as issued by RBI
RBI/2011-12/68
DBOD. No. FID. FIC.2 /01.02.00/2011-12
01 July, 2011
10 Aashadha 1933 (Saka)
The CEOs of the All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Master Circular - Disclosure Norms for Financial Institutions
Please refer to the Master Circular DBOD No.FID.FIC.2 /01.02.00/2010-11 dated July 01, 2010 on the above subject. The enclosed Master Circular consolidates and updates all the instructions/ guidelines on the subject up to June 30, 2011. The Master Circular has also been placed on the web-site of RBI ( http:// www.rbi.org.in ).
2. It may be noted that the instructions contained in the Annex 4 have been consolidated in this master circular.
Yours faithfully,
(Deepak Singhal)
Chief General Manager-In-Charge
Encls : As above
Master Circular – Disclosures in Financial Statements of
Financial Institutions – Notes to Accounts
Purpose
To provide a detailed guidance to all-India term-lending and refinancing institutions in the matter of disclosures in the ‘Notes to Accounts’ to the Financial Statements.
Previous instructions
This master circular consolidates and updates the instructions on the above subject contained in the circulars listed in the Annex 4 .
Application
To all the all India Financial Institutions viz. Exim Bank, NABARD, NHB and SIDBI.
Structure
1.
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2011-12/68 · issued 01 Jul 2010. The plain-English explanation above is BankPulse’s own independent summary.
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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=6507&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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