RBI releases Draft Formats of Financial Statements of Co-operative Banks

The Reserve Bank has undertaken a comprehensive review of the formats of the financial statements of the co-operative banks and has released draft formats of the revised Forms and their schedules together with instructions for the compilation of the balance sheet and profit and loss account.

Comments/feedback on the draft formats may be forwarded on or before February 21, 2025, to:

The Chief General Manager-in-Charge, Department of Regulation, Central Office, Reserve Bank of India,
12th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001

or

by email with the subject line “Draft Formats of Financial Statements of Co-Operative Banks”.

RBI has issued a issued the Master Direction – Reserve Bank of India (Credit Information Reporting) Directions, 2025. The Master Direction consolidates the existing instructions on credit information reporting and dissemination, issued to the regulated entities (REs) of the Reserve Bank.