The Reserve Bank of India (RBI) on December 22, 2023, issued a notification regarding the Reverse Repo transactions - Reporting in Form ‘A’ Return with reference to circular DoR.RET.REC.43/12.01.001/2023-24 dated October 16, 2023.
Accordingly, the Reverse Repo transactions of a bank with non-banks (other institutions) should be reported as follows:
• For original tenors up to and inclusive of 14 days - Not required to be reported in Form A.
• For original tenors more than 14 days - Item VI(a) of Form A [i.e. Loans, cash credits and overdrafts under Bank Credit in India (excluding inter-bank advances)]
[Notification No. RBI/2023-24/92 DoR.RET.REC.59/12.01.001/2023-24]
