RETURNS TO BE SUBMITTED BY NBFC-ND-SI AS PER MASTER DIRECTION -NBFC RETURNS (RESERVE BANK) DIRECTIONS, 2016 DATED 29/09/2016

RETURNS TO BE SUBMITTED BY NBFC-ND-SI AS PER MASTER DIRECTION -NBFC RETURNS (RESERVE BANK) DIRECTIONS, 2016 DATED 29/09/2016

S.NO FORM OF RETURN PERIODICITYREFERENCE DATEREPORTING TIME DUE ON PURPOSE
1NDSI 500cr Return
(on Important Financial Parameters)
Quarterly31st March/
30th June/
30th Sept./
31st Dec.
15 days15th April/
15th July/
15th Oct./
15th Jan.
To capture financial details, viz. components of Assets & Liabilities, P/L Account, Exposure to sensitive sectors, sectoral deployment of credit etc.
2NBS-7
(on Prudential Norms by NBFCs-ND-SI)
Quarterly31st March/
30th June/
30th Sept./
31st Dec.
15 days15th April/
15th July/
15th Oct./
15th Jan.
To capture compliance with various prudential norms, e.g. Capital Adequacy, Asset Classification, Provisioning, NOF etc.
3ALM1
(Statement of short term dynamic liquidity)
Quarterly31st March/
30th June/
30th Sept./
31st Dec.
15 days15th April/
15th July/
15th Oct./
15th Jan.
To address concerns regarding Asset Liability mismatches & interest rate risk, an ALM System was introduced for the NBFC-ND-SI as part of their overall system for effective risk management.
4ALM2
(Statement of structural liquidity)
Half Yearly31st March/
30th Sept.
30 days30th April/
30th Oct.
___________DO____________
5ALM3
(Statement of Interest Rate Sensitivity)
Half Yearly31st March/
30th Sept.
30 days30th April/
30th Oct.
___________DO____________
6ALM-YRLY
(Statement on Assets Liability Mismatch)
Annually31st March15 days15th April___________DO____________
7SAC (Statutory Auditors Certificate)*Annually31st March1 month from the date of finalisation of B/S.
Not later than 31st Dec.
To ensure continued regulatory
compliance.
8Branch Information Return Quarterly31st March/
30th June/
30th Sept./
31st Dec.
15 days15th April/
15th July/
15th Oct./
15th Jan.
To capture the reach & geographical
spread of NBFCs.
9CRILC (Reporting to Central Repository of Information on Large Credits**Quarterly31st March/
30th June/
30th Sept./
31st Dec.
21 days21st April/
21st July/
21st Oct/
21st Jan
To facilitate early Recognition of Financial Distress, Prompt Steps for Resolution & Fair Recovery for Lenders.
10SMA-2 return (Reporting of Special Mention Account status)***WeeklyOn Every Friday___________DO____________

 

S.

NO 

FORM OF RETURN PERIODICITY REFERENCE DATE REPORTING TIME DUE-ON PURPOSE
1 NDSI 500cr Return
(on Important Financial Parameters)
Quarterly 31st March/
30th June/
30th Sept./
31st Dec.
15 days 15th April/
15th July/
15th Oct./
15th Jan.
To capture financial details, viz. components of Assets & Liabilities, P/L Account, Exposure to sensitive sectors, sectoral deployment of credit etc.
2 NBS-7
(on Prudential Norms by NBFCs-ND-SI)
Quarterly 31st March/
30th June/
30th Sept./
31st Dec.
15 days 15th April/
15th July/
15th Oct./
15th Jan.
To capture compliance with various prudential norms, e.g. Capital Adequacy, Asset Classification, Provisioning, NOF etc.
3 ALM1
(Statement of short term dynamic liquidity)
Quarterly 31st March/
30th June/
30th Sept./
31st Dec.
15 days 15th April/
15th July/
15th Oct./
15th Jan.
To address concerns regarding Asset Liability mismatches & interest rate risk, an ALM System was introduced for the NBFC-ND-SI as part of their overall system for effective risk management.
4 ALM2
(Statement of structural liquidity)
Half Yearly 31st March/
30th Sept.
30 days 30th April/
30th Oct.
___________DO____________
5 ALM3
(Statement of Interest Rate Sensitivity)
Half Yearly 31st March/
30th Sept.
30 days 30th April/
30th Oct.
___________DO____________
6 ALM-YRLY
(Statement on Assets Liability Mismatch)
Annually 31st March 15 days 15th April ___________DO____________
7 SAC (Statutory Auditors Certificate)* Annually 31st March 1 month from the date of finalisation of B/S.
Not later than 31st Dec.
To ensure continued regulatory
compliance.
8 Branch Information Return Quarterly 31st March/
30th June/
30th Sept./
31st Dec.
15 days 15th April/
15th July/
15th Oct./
15th Jan.
To capture the reach & geographical
spread of NBFCs.
9 CRILC (Reporting to Central Repository of Information on Large Credits** Quarterly 31st March/
30th June/
30th Sept./
31st Dec.
21 days 21st April/
21st July/
21st Oct/
21st Jan
To facilitate early Recognition of Financial Distress, Prompt Steps for Resolution & Fair Recovery for Lenders.
10 SMA-2 return (Reporting of Special Mention Account status)*** Weekly On Every Friday ___________DO____________

Important Points:

1. The returns shall be filed on-line by an authorised official of the NBFC, who will be specifically authorised in this regard by the BOD.
*2. Every NBFC shall submit a Certificate from its Statutory Auditor every year to the effect that it is engaged in the business of NBFI requiring it to hold a COR granted U/S 45-IA of the RBI Act. With a view to ensure consistency in the manner in which the info is received from the Auditors, a uniform format of the SAC has been prescribed. The NBFC would need to fill in the info, as applicable, in COSMOS. Thereafter, the SAC needs to be scanned & uploaded in COSMOS under the menu “Upload Report”. The format of the SAC is given in Annex 1 of the Direction.
**3. All NBFCs-ND-SI, are required to report the CRILC return on a quarterly basis online through XBRL application. The data includes credit information on all the borrowers having aggregate fund-based & non-fund based exposure of Rs. 5 crore & above with them & the SMA status of the borrower. It may be noted that there is no need to submit ‘Nil’ returns.
***4. The concerned NBFCs are required to report all the SMA-2 accounts on the Friday of the week when the relevant account first came in SMA-2 category. If Friday happens to be a holiday, they will report the same on the preceding working day of the week.

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