RBI asks banks to disclose sector-wise loans from next fiscal

Tags: News
The RBI today asked banks to make sector-wise disclosure of their advances from 2014-15 onwards with a view to encourage them to actively manage exposure to various segments.

"Banks are advised to disclose sector-wise advances in the ‘Notes to Accounts’ to the financial statements as per the format...From the financial year 2014-15 onwards," the RBI said in a notification.

Banks may also disclose advances to sub sectors where the outstanding advances exceeds 10 per cent of the total advances to that sector, it said.

For instance, if a bank's outstanding advances to the mining industry exceed 10 per cent of the total advances to industry sector, it should disclose details of its outstanding advances to mining separately in the format above under the industry sector, it added.

This disclosure requirement has been added based on recommendations of the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households under chairmanship of Dr. Nachiket Mor to encourage banks to actively manage their exposures to various sectors, including priority sector.


  • Cyrus Mistry eased out as Tata shows its heft in Bombay House

    It is a classic board room brawl, only this time, it took place in the dignified and rarified air of Bombay House, home to the venerable Tata Sons.


Stay informed on our latest news!


Ananda Majumdar

Between mobocracy and the nation

Maharashtra Chief Minister Devendra Fadnavis’ well publicised act of peacemaking ...

Rajgopal Nidamboor

The physics of mindful awareness

Philosopher Aristotle emphasised the fact that “thinking always involves thinking ...

Shona Adhikari

Owais Husain searches for a lost homeland

The seventh edition of the Mumbai Public Art Festival (PAF) ...