Disclosure of divergence in the asset classification and provisioning by banks

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..... e in the asset classification and provisioning by banks 1. Reserve Bank of India (RBI), vide its Notification No. RBI/2016-17/283; DBR.BP.BC.No.63/21.04.018/2016-17 dated April 18, 2017, requires disclosures by banks in a prescribed format in certain cases of divergence in the asset classification and provisioning. The Notification requires the disclosures to be made in the Notes to Accounts i .....

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..... ular for reference. c) The disclosures shall be placed as an Annexure to the annual financial results filed with the stock exchanges in accordance with clause (d) of sub-regulation (3) of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Such disclosures shall be made along with the annual financial results filed immediately following communication of su .....

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..... (Rs in thousands) Sr. Particulars Amount 1. Gross NPAs as on March 31, 20XX* as reported by the bank 2. Gross NPAs as on March 31, 20XX as assessed by RBI .....

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..... ) 10. Reported Net Profit after Tax (PAT) for the year ended March 31, 20XX 11. Adjusted (notional) Net Profit after Tax (PAT) for the year ended March 31, 20XX after taking into account the divergence in provisioning .....

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