The Reserve Bank of India (RBI) on October 11, 2022 re-issued Master Direction on Financial Statements - Presentation and Disclosures.
The following has been stated namely: -
• This has been prepared to enable banks to have all current instructions on presentation and disclosure in financial statements at one place for reference. However, it may be noted that in addition to these disclosures, Commercial Banks shall comply with the disclosures specified under the applicable regulatory capital framework.
• These Directions shall be applicable to:
1. All banking companies, corresponding new banks, regional rural banks (‘RRBs’) and State Bank of India.
2. Primary Cooperative banks.
[Notification No. RBI/DOR/2021-22/83]
