Banks are aggressively raising bulk deposits towards the end of the year to show

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that they have met targets.

On Monday, the Reserve Bank of India (RBI) asked banks to disclose the total deposits of the 20 largest depositors and total advances to the 20 largest borrowers, in their annual reports from 2009-10 onwards.

Banks will also have to mention the percentage of deposits of the 20 largest depositors to total deposits of the bank and similarly, the percentage of advances to the 20 largest borrowers to total advances of the bank.

In a circular to all commercial banks, the Reserve Bank of India (RBI) has asked banks to provide sectorwise breakup of non-performing assets (NPAs), detailed changes in NPAs, information on overseas assests, NPAs and revenues; and off-balance sheet special purpose vehicles sponsored by banks, in addition to concentration of deposits, advances, exposures and NPAs.

RBI said it has been taking several steps from time to time to enhance the transparency in the operations of banks by stipulating comprehensive disclosures in tune with the international best practices. The new disclosures have been stipulated on a review of existing disclosures.

Banks would also have to provide total exposure details of the 20 largest customers, computed based on credit and investment exposure.

Information on the total exposure to the top four NPA accounts would also have to be provided, so that all stakeholders would know the status of all the accounts of defaulters.

Banks would have to break up information on sectorwise NPAs into agriculture and allied activities, industry (micro, small and medium and large), services, and personal loans, which include home loans.