{"what_this_is":"The machine-readable twin of the BankPulse page for one RBI rulebook. Same points, same dates, same paragraph references as the page a person reads. RBI's own wording is not reproduced here: each point names the RBI paragraph, the character offset into the text BankPulse read and the sha256 of that text, so the claim can be checked against RBI's own document.","schema_version":1,"release_id":"d653cdb0a5","generated_at":"2026-09-15T00:33:59.117975+00:00","id":"md13092","title":"Reserve Bank of India (Payments Banks – Financial Statements: Presentation and Disclosures) Directions, 2025 (Updated as on April 1, 2026)","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13092","status":"In force","importance":{"code":"MR","label":"MUST READ","weight":"Must read","why":"Binding RBI Directions naming this institution class in the title","layer":"bankpulse_inference"},"applies_to":{"shown":"Payments banks","class_code":"PB","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13092","mode":"four_dates_v1","published":{"label":"Published","value":"Nov 28, 2025","stated":true,"why":"The day RBI put this document out."},"effective":{"label":"Starts to apply","value":"","stated":false,"why":"Not stated separately in this document. Read the rule itself before you assume a start date."},"transition":{"label":"Time to get ready","value":"","stated":false,"why":"Cannot be worked out until the day it starts to apply is known."},"deadline":{"label":"Last date to act","value":"","stated":false,"why":"No date to act by was found in this document. Other dates may sit inside single paragraphs."},"sources":{"published":"doc_date in data/highlights/md13092.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13092","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:16:55 UTC","text_sha256":"7b58a92d6c2ec4e290e586801abc5203d3c841db60fb82bf32764d1472d98d15","word_count":13320,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":55,"points_naming_an_rbi_paragraph":55,"points_stored":55,"actions":0,"amendments":2},"points":[{"n":1,"claim":"md13092-ea357058","page_group":"Chapter I. Preliminary","stored_section":"THE CORE IDEA","heading":"Accounts for payments banks","plain_english":"This paper sets how payments banks must show their accounts.","rbi_paragraph":"Para 1","rbi_char_offset":3526,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p1","layer":"bankpulse"},{"n":2,"claim":"md13092-1840df20","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"Start date","plain_english":"These Directions came into effect on the day RBI issued them.","rbi_paragraph":"Para 2","rbi_char_offset":3687,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p2","layer":"bankpulse"},{"n":3,"claim":"md13092-afed2258","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who is covered","plain_english":"These Directions apply to every payments bank.","rbi_paragraph":"Para 3","rbi_char_offset":3752,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p3","layer":"bankpulse"},{"n":1,"claim":"md13092-d3a1fab2","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Capital reserves are not free","plain_english":"A capital reserve cannot hold any sum free to be paid out as profit.","rbi_paragraph":"Para 5(1)","rbi_char_offset":6813,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p4","layer":"bankpulse"},{"n":2,"claim":"md13092-72dd4c1d","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Twenty per cent means influence","plain_english":"Holding a fifth or more of the votes is taken to mean significant influence.","rbi_paragraph":"Para 6(6)","rbi_char_offset":41863,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p5","layer":"bankpulse"},{"n":3,"claim":"md13092-30eb2e86","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHO SHOULD ACT","heading":"Compile as instructed","plain_english":"The balance sheet and profit account must be drawn up as told here.","rbi_paragraph":"Para 5","rbi_char_offset":4712,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p6","layer":"bankpulse"},{"n":4,"claim":"md13092-63fb3651","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHO SHOULD ACT","heading":"Follow the accounting standards","plain_english":"The set accounting rules must be followed, subject to what RBI says.","rbi_paragraph":"Para 5(1)","rbi_char_offset":4858,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p7","layer":"bankpulse"},{"n":5,"claim":"md13092-0d847cfb","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHO SHOULD ACT","heading":"Explain the year's changes","plain_english":"Any change in capital in the year must be explained in the notes.","rbi_paragraph":"Para 5(1)","rbi_char_offset":6347,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p8","layer":"bankpulse"},{"n":6,"claim":"md13092-f4332cef","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Statutory reserves shown apart","plain_english":"Reserves made under the Banking Regulation Act must be shown on their own.","rbi_paragraph":"Para 5(1)","rbi_char_offset":6726,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p9","layer":"bankpulse"},{"n":7,"claim":"md13092-72305d55","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Lien deposits in a footnote","plain_english":"The sum of deposits under lien must be shown in a note to the schedule.","rbi_paragraph":"Para 5(1)","rbi_char_offset":8841,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p10","layer":"bankpulse"},{"n":8,"claim":"md13092-0e3758d1","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Secured borrowings shown apart","plain_english":"Borrowings against security must be shown on their own.","rbi_paragraph":"Para 5(1)","rbi_char_offset":9541,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p11","layer":"bankpulse"},{"n":9,"claim":"md13092-4ae58e28","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Other banking business","plain_english":"Extra segments inside other banking business must be reported where they meet the test.","rbi_paragraph":"Para 6(2)","rbi_char_offset":37888,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p12","layer":"bankpulse"},{"n":10,"claim":"md13092-50269e11","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Name the related party","plain_english":"The name and nature of a related party tie must be shown, even with no dealings.","rbi_paragraph":"Para 6(5)","rbi_char_offset":39231,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p13","layer":"bankpulse"},{"n":11,"claim":"md13092-7393f7f9","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Calls in arrears deducted","plain_english":"Calls in arrears come off called-up capital, and forfeited shares are added back.","rbi_paragraph":"Para 5(1)","rbi_char_offset":5898,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p14","layer":"bankpulse"},{"n":12,"claim":"md13092-b135ad04","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Combine where sensible","plain_english":"Items that can go together are shown under one head.","rbi_paragraph":"Para 5(1)","rbi_char_offset":6069,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p15","layer":"bankpulse"},{"n":13,"claim":"md13092-69a979a6","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Revaluation is a capital reserve","plain_english":"A gain on revaluing an asset is treated as a capital reserve.","rbi_paragraph":"Para 5(1)","rbi_char_offset":6913,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p16","layer":"bankpulse"},{"n":14,"claim":"md13092-f5046d5c","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Share premium stands alone","plain_english":"Premium on shares issued is shown on its own.","rbi_paragraph":"Para 5(1)","rbi_char_offset":6994,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p17","layer":"bankpulse"},{"n":15,"claim":"md13092-b39d1314","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Provisions are not reserves","plain_english":"A sum kept for wear and tear, or for a known due, is not a reserve.","rbi_paragraph":"Para 5(1)","rbi_char_offset":7289,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p18","layer":"bankpulse"},{"n":16,"claim":"md13092-07755399","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Loss shown as a deduction","plain_english":"Where there is a loss, the sum is shown as a deduction.","rbi_paragraph":"Para 5(1)","rbi_char_offset":7616,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p19","layer":"bankpulse"},{"n":17,"claim":"md13092-5f411d5a","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Accrued interest sits elsewhere","plain_english":"Interest earned but not yet due on deposits is shown under other dues.","rbi_paragraph":"Para 5(1)","rbi_char_offset":8531,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p20","layer":"bankpulse"},{"n":18,"claim":"md13092-af8ea7ec","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Refinance is a borrowing","plain_english":"Refinance from RBI or other bodies is shown under borrowings.","rbi_paragraph":"Para 5(1)","rbi_char_offset":9906,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p21","layer":"bankpulse"},{"n":19,"claim":"md13092-a6fe575e","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Advances shown gross","plain_english":"Advances are shown at the gross sum on the asset side.","rbi_paragraph":"Para 5(1)","rbi_char_offset":9963,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p22","layer":"bankpulse"},{"n":20,"claim":"md13092-7fb65130","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Net the inter-office accounts","plain_english":"Only the net of inter-office accounts, at home and abroad, is shown.","rbi_paragraph":"Para 5(1)","rbi_char_offset":10979,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p23","layer":"bankpulse"},{"n":21,"claim":"md13092-35012f07","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Interest accrued is a liability","plain_english":"Interest earned on any deposit is a due, whether or not it is payable yet.","rbi_paragraph":"Para 5(1)","rbi_char_offset":12173,"weight":"BACKGROUND","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p24","layer":"bankpulse"},{"n":22,"claim":"md13092-284607c8","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Standard asset provisions apart","plain_english":"Sums kept for standard assets are shown on their own, not cut from gross advances.","rbi_paragraph":"Para 5(1)","rbi_char_offset":12491,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p25","layer":"bankpulse"},{"n":23,"claim":"md13092-c78240cd","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Rate on the day","plain_english":"Applying the rate of the day is hard for items not booked in rupees.","rbi_paragraph":"Para 6(3)","rbi_char_offset":33642,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p26","layer":"bankpulse"},{"n":24,"claim":"md13092-9aec2a86","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Format is only a guide","plain_english":"The format given is an example and does not cover everything.","rbi_paragraph":"Para 6(5)","rbi_char_offset":38224,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p27","layer":"bankpulse"},{"n":25,"claim":"md13092-56373f06","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Secrecy comes first","plain_english":"Where telling would break a duty of secrecy set by law, the disclosure is not made.","rbi_paragraph":"Para 6(5)","rbi_char_offset":39969,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p28","layer":"bankpulse"},{"n":26,"claim":"md13092-5124a94b","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"Influence, not control","plain_english":"Significant influence is a share in policy decisions, not control over them.","rbi_paragraph":"Para 6(6)","rbi_char_offset":41563,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p29","layer":"bankpulse"},{"n":27,"claim":"md13092-b3866182","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"THE CORE IDEA","heading":"A big holder does not","plain_english":"Another investor holding most of the shares does not by itself rule out influence.","rbi_paragraph":"Para 6(6)","rbi_char_offset":42360,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p30","layer":"bankpulse"},{"n":28,"claim":"md13092-8da32b14","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHO IT APPLIES TO","heading":"Intangible asset rule","plain_english":"This standard covers intangible assets not dealt with by another standard.","rbi_paragraph":"Para 6(9)","rbi_char_offset":44830,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p31","layer":"bankpulse"},{"n":29,"claim":"md13092-334452d8","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHO SHOULD ACT","heading":"Intangibles block a dividend","plain_english":"A lender holding intangible assets needs Central Government leave to pay a dividend.","rbi_paragraph":"Para 6(1)","rbi_char_offset":45616,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p32","layer":"bankpulse"},{"n":30,"claim":"md13092-be4af66b","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHAT CHANGES","heading":"Sponsored RRBs are associates","plain_english":"A regional rural bank that a lender sponsors is treated as an associate.","rbi_paragraph":"Para 6(10)","rbi_char_offset":47089,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p33","layer":"bankpulse"},{"n":31,"claim":"md13092-d2a53607","page_group":"Chapter II. Balance Sheet and Profit and Loss Account","stored_section":"WHO IT APPLIES TO","heading":"Impairment is for fixed assets","plain_english":"The wear and tear rule covers fixed assets, not loans or investments.","rbi_paragraph":"Para 6(10)","rbi_char_offset":47516,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p34","layer":"bankpulse"},{"n":1,"claim":"md13092-8ef59cb6","page_group":"Chapter III. Disclosure in Financial Statements – Notes to Accounts","stored_section":"WHO SHOULD ACT","heading":"Disclose in notes to accounts","plain_english":"What this chapter names must be shown in the notes to accounts.","rbi_paragraph":"Para 7","rbi_char_offset":47977,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p35","layer":"bankpulse"},{"n":2,"claim":"md13092-310f1c99","page_group":"Chapter III. Disclosure in Financial Statements – Notes to Accounts","stored_section":"WHAT CHANGES","heading":"Show the previous period","plain_english":"Last year's figure must be shown beside every figure for this year.","rbi_paragraph":"Para 10","rbi_char_offset":49318,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p36","layer":"bankpulse"},{"n":3,"claim":"md13092-7f0e2388","page_group":"Chapter III. Disclosure in Financial Statements – Notes to Accounts","stored_section":"WHAT CHANGES","heading":"Narrative comparatives too","plain_english":"Last year's words must be given too, where they help make this year clear.","rbi_paragraph":"Para 10","rbi_char_offset":49494,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p37","layer":"bankpulse"},{"n":4,"claim":"md13092-88be9acf","page_group":"Chapter III. Disclosure in Financial Statements – Notes to Accounts","stored_section":"WHAT CHANGES","heading":"Disclose sales out of HTM","plain_english":"Sales out of held to maturity must be shown in the notes in the set form.","rbi_paragraph":"Para 10(3)","rbi_char_offset":53614,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p38","layer":"bankpulse"},{"n":5,"claim":"md13092-954c3817","page_group":"Chapter III. Disclosure in Financial Statements – Notes to Accounts","stored_section":"THE CORE IDEA","heading":"These do not replace others","plain_english":"These are added to, and do not take the place of, what other law asks for.","rbi_paragraph":"Para 7","rbi_char_offset":48126,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p39","layer":"bankpulse"},{"n":6,"claim":"md13092-bf0dff8e","page_group":"Chapter III. Disclosure in Financial Statements – Notes to Accounts","stored_section":"WHAT CHANGES","heading":"Policies as a schedule","plain_english":"The main accounting policies and the notes go in as their own schedules.","rbi_paragraph":"Para 9","rbi_char_offset":48779,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p40","layer":"bankpulse"},{"n":1,"claim":"md13092-16ea7fef","page_group":"Chapter IV. Consolidated Financial Statements","stored_section":"WHAT CHANGES","heading":"One-month RBI filing","plain_english":"Banks must send consolidated financial statements to RBI within one month of publishing annual accounts.","rbi_paragraph":"Para 13(12)","rbi_char_offset":75110,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p41","layer":"bankpulse"},{"n":2,"claim":"md13092-4b863662","page_group":"Chapter IV. Consolidated Financial Statements","stored_section":"WHAT CHANGES","heading":"Consolidated statements","plain_english":"Every bank, listed or not, must prepare consolidated financial statements each year.","rbi_paragraph":"Para 13(12)","rbi_char_offset":74801,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p42","layer":"bankpulse"},{"n":1,"claim":"md13092-1def4ca5","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Blocked Account credits","plain_english":"Credit entries unreconciled for more than five years move to a Blocked Account.","rbi_paragraph":"Para 18(1)","rbi_char_offset":77253,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p43","layer":"bankpulse"},{"n":2,"claim":"md13092-5055bb19","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Old Nostro debits","plain_english":"Banks must fully provide for unreconciled Nostro debit entries older than two years.","rbi_paragraph":"Para 19(5)","rbi_char_offset":79309,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p44","layer":"bankpulse"},{"n":3,"claim":"md13092-793d55e0","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Statutory Reserve transfer","plain_english":"Banks must move at least 25 percent of net profit to the Statutory Reserve.","rbi_paragraph":"Para 20(1)","rbi_char_offset":79849,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p45","layer":"bankpulse"},{"n":4,"claim":"md13092-38629d8f","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Withdrawal disclosure","plain_english":"Banks need RBI's approval to draw money out of reserves, and must disclose it separately.","rbi_paragraph":"Para 22(2)","rbi_char_offset":80459,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p46","layer":"bankpulse"},{"n":5,"claim":"md13092-d585a571","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Unclaimed transitory balances","plain_english":"Unclaimed balances in transitory accounts cannot be moved to profit or to reserves.","rbi_paragraph":"Para 26","rbi_char_offset":82436,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p47","layer":"bankpulse"},{"n":6,"claim":"md13092-90a54a57","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Late-report penalty","plain_english":"If a bank reports fraud late, it must set aside the full provision at once.","rbi_paragraph":"Para 25","rbi_char_offset":82251,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p48","layer":"bankpulse"},{"n":7,"claim":"md13092-4ce173cb","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Deferred tax rule","plain_english":"Banks must set aside deferred tax on the Special Reserve under the Income Tax Act.","rbi_paragraph":"Para 27","rbi_char_offset":82706,"weight":"DO IT","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p49","layer":"bankpulse"},{"n":8,"claim":"md13092-56f8fb88","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"True and fair picture","plain_english":"The balance sheet and profit and loss account must show a true and fair picture.","rbi_paragraph":"Para 28","rbi_char_offset":82848,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p50","layer":"bankpulse"},{"n":9,"claim":"md13092-1ec1c77e","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Reserve withdrawal approval","plain_english":"Banks need RBI's approval before taking money out of the Statutory Reserve or any other reserve.","rbi_paragraph":"Para 21","rbi_char_offset":80022,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p51","layer":"bankpulse"},{"n":10,"claim":"md13092-601cef70","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Fraud provision spreading","plain_english":"A bank that reports fraud on time can spread the provision over four quarters.","rbi_paragraph":"Para 23","rbi_char_offset":81446,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p52","layer":"bankpulse"},{"n":11,"claim":"md13092-195ceb66","page_group":"Chapter V. Other Instructions","stored_section":"WHAT CHANGES","heading":"Window dressing penalty","plain_english":"RBI treats window dressing and hiding bad loans seriously and can take penal action.","rbi_paragraph":"Para 29","rbi_char_offset":83294,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p53","layer":"bankpulse"},{"n":1,"claim":"md13092-27a32f1d","page_group":"Chapter VI. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Older rules cancelled","plain_english":"This document cancels the older financial-statement rules for Commercial Banks.","rbi_paragraph":"Para 30","rbi_char_offset":83531,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p54","layer":"bankpulse"},{"n":2,"claim":"md13092-30fee77a","page_group":"Chapter VI. Repeal and Other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old cases continue","plain_english":"Penalties and legal cases already started under the old rules still continue.","rbi_paragraph":"Para 31","rbi_char_offset":83950,"weight":"BACKGROUND","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13092#p55","layer":"bankpulse"}],"actions":[],"amendments":[{"id":"nt13336","title":"Reserve Bank of India (Payments Banks – Financial Statements: Presentation and Disclosures) Amendment Directions, 2026","date":"Mar 16, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13336&Mode=0","order":1,"layer":"rbi_source"},{"id":"nt13651","title":"Reserve Bank of India (Payments Banks – Financial Statements: Presentation and Disclosures) Second Amendment Directions, 2026","date":"Jul 30, 2026","rbi_url":"https://rbi.org.in/Scripts/NotificationUser.aspx?Id=13651&Mode=0","order":2,"layer":"rbi_source"}],"layers":{"rbi_source":"Facts taken from RBI's own document.","bankpulse":"BankPulse's plain-English summary of RBI's document.","bankpulse_inference":"BankPulse's own inference, not stated by RBI."},"rbi_wording_not_included":"By design. BankPulse never republishes RBI's exact sentences. Use rbi_paragraph with rbi_source.url to read RBI's own words.","terms":"BankPulse's plain-English summaries are BankPulse's own work. The underlying regulation is the Reserve Bank of India's. Always check the RBI document named in rbi_source before acting."}