HomeCirculars › RBI/2012-13/47

Disclosure Norms for Financial Institutions

No longer current — replaced by RBI Master Circular on Disclosure Norms for FIs (2013)
Source: Reserve Bank of India · RBI/2012-13/47 · issued 02 Jul 2012 · ~1 min read
Quick answerRBI consolidated disclosure norms for Exim Bank, NABARD, NHB, and SIDBI, effective from FY 2000-01. These require uniform disclosures in 'Notes to Accounts' covering capital, asset quality, liquidity, and risk, enhancing transparency. Banks must ensure compliance with the updated master circular.

What changed

This master circular consolidates all previous disclosure instructions for all-India term-lending and refinancing institutions up to June 30, 2012, replacing the July 1, 2011 circular. It updates guidelines on disclosures in 'Notes to Accounts' for financial statements, covering areas like capital, asset quality, and risk.

What it means for you

For Exim Bank, NABARD, NHB, and SIDBI, this circular mandates uniform, detailed disclosures to improve transparency and comparability. Banks must ensure their financial statements include required disclosures on CRAR, NPAs, credit concentration, and derivatives, as these are minimum standards.

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

Who it affects

Exim Bank, NABARD, NHB, SIDBI, Auditors of these financial institutions

❓ Common questions

Regulatory timeline

Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).

What is the effective date of these disclosure norms?

The norms have been effective since the financial year 2000-2001, and this master circular consolidates all updates up to June 30, 2012.

Are these disclosures mandatory or just recommendations?

They are mandatory minimum requirements to be included in the 'Notes to Accounts' of financial statements, though institutions may make additional disclosures if desired.

Which institutions are covered by this circular?

The circular applies to all-India term-lending and refinancing institutions: Exim Bank, NABARD, NHB, and SIDBI.

📜 This document’s life story (2 recorded events, each backed by RBI’s own words)
Superseded by RBI Master Circular on Disclosure Norms for FIs (2013)
RBI’s words: “The enclosed Master Circular consolidates and updates all the instructions / guidelines”
Repealed by RBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
RBI’s words: “Official withdrawal register entry #1290: DBOD.No.FID.FIC.2/01.02.00/2012-13 — "Master Circular - Disclosure Norms for Financial Institutions" dated July 2, 2012”
📜 Read the original circular — full text as issued by RBI
RBI/2012-13/47 DBOD.No.FID.FIC.2/01.02.00/2012-13 July 2, 2012 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.2/01.02.00/2011-12 dated July 01, 2011 on the above subject. The enclosed Master Circular consolidates and updates all the instructions / guidelines on the subject up to June 30, 2012. 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, (Rajesh Verma) Chief General Manager 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/2012-13/47 · issued 02 Jul 2012. The plain-English explanation above is BankPulse’s own independent summary.
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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=7329&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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