Executive Summary:
This notification from the Reserve Bank of India (RBI) amends the RBI General Regulations of 1949. The amendments pertain to the annual statement of accounts and presentation of items, coming into force on the date of publication in the Official Gazette (November 11, 2020). The Central Board, with prior Central Government sanction, has made these regulatory changes under the powers conferred by section 58 of the Reserve Bank of India Act, 1934.
Key Points / Main Content:
* **Amendment to Regulation 22 (Annual Statement of Accounts):**
* Regulation 22 is substituted with a new regulation detailing the annual statement of accounts.
* The Central Board must balance the bank's books on the last working day of March each year.
* The annual accounts shall include:
* A Balance Sheet with specified form and particulars, including schedules for Liabilities and Assets.
* An Income Statement with a specified form and particulars, including schedules for INCOME and EXPENDITURE.
* **Amendment to Regulation 23 (Presentation of Account Items):**
* Clause (v) of Regulation 23 is substituted.
* Items in the account prescribed by the Central Government under section 53 of the Act shall be presented in nearest crore rupees.
Impact Analysis:
Central Board:
* Impact: Responsible for ensuring the books of the bank are balanced annually and that the annual accounts, including the Balance Sheet and Income Statement, are prepared according to the new regulations. Responsible for presenting items in nearest crore rupees.
* Action Required: Implement the revised formats and procedures for the annual statement of accounts and presentation of account items.
Reserve Bank of India (Departments Involved in Accounting/Reporting):
* Impact: Must adhere to the amended regulations for preparing and presenting the annual statement of accounts.
* Action Required: Update internal processes and reporting templates to comply with the new Balance Sheet and Income Statement formats, and ensure all figures are presented in the nearest crore rupees.
National Bank for Agriculture and Rural Development (NABARD):
* Impact: The funds maintained by NABARD are referenced in the Income Statement's expenditure section.
* Action Required: No direct action stated, but should be aware of the new reporting context within the RBI's financial statements.
Chief Financial Officer:
* Impact: Responsible for overseeing the implementation of these changes.
* Action Required: Implement the revised regulations.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the Indian financial system.
RBI General Regulations, 1949: The principal regulations of the Reserve Bank of India, governing its operations and functions.
Reserve Bank of India Act, 1934: An act of the Indian Parliament that established the Reserve Bank of India.
Central Board: The main executive body of the Reserve Bank of India.
Central Government: The executive branch of the Government of India.
Mumbai, Maharashtra: The city where the Department of Government and Bank Accounts of Reserve Bank of India is located.
National Bank for Agriculture and Rural Development (NABARD): An apex development finance institution in India.
Official Gazette: A government publication for official notifications and legal announcements.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-12112020-223051
xxxGIDHxxx
CG-MH-E-12112020-223051
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 484] नई कदल्ली, ब धर्ार, नर्म्बर 11, 2020/कार्तकव 20, 1942
No. 484] NEW DELHI, WEDNESDAY, NOVEMBER 11, 2020/KARTIKA 20, 1942
भारतीय ररिर् वबकैं
(सरकारी और बकैं लखे ा जर्भाग)
अजधसचू ना
म ंबई, 11 नर्म् बर, 2020
भारतीय ररिर् व बकैं सामान्य जर्जनयमार्ली, 1949 के जर्जनयम 22, 22 (क) और (ख) और जर्जनयम 23 (v) म ेंसिं ोधन
फ. स.ं डीिीबीए/ डीबीए/ स ं 342/62.01.033/2020-21- भारतीय ररिर्व बैंक अजधजनयम, 1934 (1934 का 2)
की धारा 58 द्वारा प्रदत्त िजियों का प्रयोग करते हुए, केंद्रीय बोडव, केंद्रीय सरकार की पूर्व मंिूरी स,े भारतीय ररिर्व बैंक
सामान्य जर्जनयमार्ली, 1949 म ें आगे जनम्नजलजखत संिोधन करता ह,ै अर्ावत ् :-
1. संजिप्त िीर्कव और प्रारंभ - (1) इस जर्जनयमार्ली को भारतीय ररिर्व बैंक सामान्य (संिोजधत) जर्जनयमार्ली,
1949 कहा िाएगा ।
(2) यह भारत के रािपत्र में प्रकािन की तारीख स ेलागू होगा ।
2. भारतीय ररिर्व बैंक सामान्य जर्जनयमार्ली, 1949 म ें–
(i) जर्जनयम 22 के जलए, जनम्नजलजखत जर्जनयम प्रजतस्ट्र्ाजपत ककया िाएगा, अर्ावत ् :-
5483 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
22. लखे ों का र्ार्र्कव जर्र्रण: -
केंद्रीय बोडव प्रत्येक र्र्व माचव माह के अंजतम कायवकदर्स पर बकैं के बजहयों का समत लन करेगा और र्ार्र्वक लेख े
जनम्नान सार िारी ककये िाएंग:े
(क) त लनपत्र िो जनम्नजलजखत ूपप में होगा और जिसमें जन्द्ट व ्यररे जनजहत हों, अर्ावत ् :-
भारतीय ररिर् वबकैं
31 माचव...... का तल नपत्र
देयताएं अनस चू ी जपछला र्तवमान र्र् व आजस्ट्तया ं अनस चू ी जपछला र्तवमान
र्र् व र्र् व र्र् व
पूंिी बकैंकंग जर्भाग की आजस्ट्तया ं(बजैंर्)
आरजित जनजध नोट, रुपया जसक्का, छोटे जसक्के
अन्य आरजित जनजधया ाँ सोना — बैंजर्
िमाराजियााँ जनर्ेि – जर्देिी - बैंजर्
िोजखम प्रार्धान जनर्ेि - घरेलू - बैंजर्
आकजस्ट्मकता जनजध
आजस्ट्त जर्कास जनजध
खरीदे और भ नाये गए जबल
प नमूवल्यांकन खाते ऋण और अजिम
अन्य देयताएाँ समन र्ंगी संस्ट्र्ाओं में जनर्ेि
अन्य आजस्ट्तयां
जनगवम जर्भाग की जनगवम जर्भाग की आजस्ट्तया ं (जनजर्)
देयताएाँ
(िारी नोटों के समर्नव के तरर पर)
िारी ककए गए नोट सोना - जनजर्
रुपया जसक्का
जनर्ेि – जर्देिी - जनजर्
जनर्ेि - घरेलू - जनजर्
घरेलू जर्जनमय जबल और अन्य
र्ाजणजययक पत्र
क ल देयताएाँ क ल आजस्ट्तया ं
म ख्य महाप्रबंधक उप गर्नवर उप गर्नवर उप गर्नवर उप गर्नवर गर्नवर[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
(ख) र्र्व के जलए आय जर्र्रण िो जनम्नजलजखत ूपप में हों और इसमें जन्द्ट व ्यररे जनजहत हों, अर्ावत् :-
भारतीय ररिर् वबकैं
31 माचव......................को समाप्त र्र्व के जलए आय जर्र्रण
(राजि ₹ करोड़ में)
आय अनस चू ी जपछला र्र् व र्तमव ान र्र् व
्याि
अन्य आय
क ल
व्यय
नोटों का म द्रण
म द्रा के प्रेर्ण पर व्यय
एिेंसी प्रभार
कमवचारी लागत
्याि
डाक और संचार प्रभार
म द्रण और लेखन-सामिी
ककराया, कर, बीमा, जबिली आकद
मरम्मत और रखरखार्
जनदिे कों और स्ट्र्ानीय बोडव के सदस्ट्यों के ि ल्क और व्यय
लेखापरीिकों के ि ल्क और व्यय
जर्जध प्रभार
मूल्यह्रास
जर्जर्ध व्यय
प्रार्धान
क ल
उपल्ध िेर् राजि
घटाएं:
(क) जनम्नजलजखत म ेंअिं दान:
(i) राष्ट्रीय औद्योजगक ऋण (दीघावर्जध पररचालन) जनजध
(ii) राष्ट्रीय आर्ास ऋण (दीघावर्जध पररचालन) जनजध
(ख) नाबाडव को अतं रणीय:
i) (i) राष्ट्रीय िामीण ऋण (दीघावर्जध पररचालन) जनजध1
ii) (ii) राष्ट्रीय िामीण ऋण (जस्ट्र्रीकरण) जनजध1
(ग) अन्य (म ख्य मदों का जर्र्रण द)ें
केंद्र सरकार को दये अजधिेर्
1ये जनजधयााँ राष्ट्रीय कृजर् और िामीण जर्कास बैंक (नाबाडव) के द्वारा अन रजित होती ह।ैं
म ख्य महाप्रबंधक उप गर्नवर उप गर्नवर उप गर्नवर उप गर्नवर गर्नवर4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
(ii) जर्जनयम 23 म,ें खण् ड (v) के जलए जनम्नजलजखत उपर्ाक्य को प्रजतस्ट्र्ाजपत ककया िाएगा, अर्ावत्:-
“(v) अजधजनयम की धारा 53 के तहत केंद्र सरकार द्वारा जनधावररत खात े में मदों को जनकटतम करोड़
रुपए म ेंप्रस्ट्त त ककए िाएंगे। ’’
स धा बालकृष्णन, म ख्य जर्त्तीय अजधकारी
[जर्ज्ञापन.-III/4/असा./345/2020-21]
नोट :- म ख्य जर्जनयम 1949 में तैयार ककए गए र्े, तब इन्ह ें आजधकाररक रािपत्र में अजधसूजचत ककये िाने की
आर्श्यकता नहीं र्ी । 19 कदसंबर 1988 की अधसूचना स ं 93 के माध्यम से 1988 के अजधजनयम सं 66
की धारा 6 के द्वारा 30-12-1988 से आजधकाररक गिट में अजधसूजचत करने संबंधी को िाजमल ककया
गया और इनम ें अंजतम संिोधन 3 ि लाई 2015 की अजधसूचना सं. डी िी बी ए/ अकाउंटस/ बी ए ए
एस सं. 18/62.01.022/2015-16 के माध्यम से ककया गया र्ा और 8 ि लाई 2015 की अजधसूचना
स.ं डी िी बी ए/ अकाउंटस/ बी ए ए एस सं. 129/62.01.022/2015-16 के माध्यम से ककया गया र्ा ।
RESERVE BANK OF INDIA
(Department of Government and Bank Accounts)
NOTIFICATION
Mumbai, the 11th November, 2020
Amendment to Regulation 22, 22 (a) and (b) and Regulation 23 (v) of RBI General Regulations, 1949
F. No. DGBA/DBA/No 342/62.01.033/2020-21.—In exercise of the powers conferred by section 58 of the
Reserve Bank of India Act, 1934 (2 of 1934), the Central Board, with the previous sanction of the Central
Government, hereby makes the following regulations further to amend the Reserve Bank of India General
Regulations, 1949, namely:—
1. Short title and commencement.—(1) These regulations may be called the Reserve Bank of India General
(Amendment) Regulations, 2020.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Reserve Bank of India General Regulations, 1949, —
(i) for regulation 22, the following regulation shall be substituted namely:-
22. Annual statement of accounts - The Central Board shall cause the books of the Bank to be balanced
on the last working day of the month of March in each year and the annual accounts shall be set out as
follows:-
(a) a Balance Sheet in the following form and containing the particulars, namely: -
RESERVE BANK OF INDIA
BALANCE SHEET AS ON MARCH 31............
(Amount in ₹ crore)
Liabilities Sched Previ Current Assets Sched Previ Current
ules ous year ules ous year
year year
Capital Assets of Banking Department
(BD)
Reserve fund Notes, rupee coin, small coin
Other reserves Gold — BD[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5
Deposits Investments —Foreign — BD
Risk Provisions Investments —Domestic — BD
Contingency Fund
Asset
Development Bills purchased and discounted
Fund
Revaluation Loans and advances
Accounts
Other Liabilities Investment in subsidiaries
Other assets
Liabilities of Issue Assets of Issue Department (ID)
Department (As backing for Notes issued)
Notes issued
Gold — ID
Rupee coin
Investments —Foreign — ID
Investments —Domestic — ID
Domestic bills of exchange and
other commercial papers
Total Liabilities Total Assets
Chief General Deputy Deputy Deputy Deputy Governor
Manager Governor Governor Governor Governor
(b) an Income Statement for the year, in the following form and containing the particulars, namely: —
RESERVE BANK OF INDIA
INCOME STATEMENT FOR THE YEAR ENDED MARCH 31………
(Amount in ₹ crore)
INCOME Schedules Previous Current year
year
Interest
Other income
Total
EXPENDITURE
Printing of Notes
Expenditure on Remittance of Currency
Agency charges
Employee cost
Interest
Postage and Telecommunication Charges
Printing and Stationery
Rent, Taxes, Insurance, Lighting, etc.
Repairs and Maintenance
Directors’ and Local Board Members’ Fees and Expenses6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
Auditors’ Fees and Expenses
Law Charges
Depreciation
Miscellaneous Expenses
Provisions
Total
Available Balance
Less:
(a) Contribution to:
(i) National Industrial Credit (Long Term Operations) Fund
(ii) National Housing Credit (Long Term Operations) Fund
(b) Transferable to NABARD:
i) (i) National Rural Credit (Long Term Operations) Fund1
ii) (ii) National Rural Credit (Stabilisation) Fund1
(c) Others (specify major items)
Surplus payable to the Central Government
1These funds are maintained by the National Bank for Agriculture and Rural Development (NABARD).
Chief General Deputy Deputy Deputy Deputy Governor Governor
Manager Governor Governor Governor
(ii) in regulation 23, for clause (v), the following clause shall be substituted, namely: —
(v) the items in the account prescribed by the Central Government under section 53 of the Act shall be
presented in nearest crore rupees.
SUDHA BALAKRISHNAN, Chief Financial Officer
[ADVT.-III/4/Exty./345/2020-21]
Note: The principal regulations were made in 1949 when there was no requirement to notify in the Official Gazette.
The requirement to notify the regulations was inserted by section 6 of Act No. 66 of 1988 with effect from
30th December, 1988 vide notification number 93 dated 19th December, 1988 and were last amended vide
notification number DGBA/Accts/ BAAS No. 18/62.01.022/2015-16, dated the 3rd July, 2015 and notification
number DGBA/Accts/ BAAS No. 129/62.01.022/2015-16, dated the 8th July, 2015.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.