**Summary:**
This circular, RBI/2023-24/92 DoR.RET.REC.5912/01.001/2023-24 dated December 22, 2023, issued by the Reserve Bank of India (RBI), revises reporting requirements for reverse repo transactions in Form A. Specifically, it modifies Para B of circular DoR.RET.REC.43/12.01.001/2023-24 dated October 16, 2023. Reverse repo transactions between banks and non-bank entities/other institutions are now subject to the following reporting guidelines: transactions with original tenors up to and including 14 days are *not* required to be reported in Form A. Transactions with original tenors exceeding 14 days must be reported under Item VIa of Form A ("Loans, cash credits and overdrafts under Bank Credit in India excluding interbank advances"). All other instructions from the October 16, 2023 circular remain in effect.
For further information, contact Brij Raj, Chief General Manager, Department of Regulation, Central Office, Reserve Bank of India, 12th-13th Floor, Central Office Building, Shaheed Bhagat Singh Marg, Mumbai – 400001. Telephone: 22601000. Fax: 022-2270 5670, 2260 5671, 2270 5691, 2260 5692.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the banking system.
RBI20232492 DoR.RET.REC.5912.01.001202324: Reference number for the circular issued by the Reserve Bank of India.
Form A Return: A reporting form for Reverse Repo transactions.
DoR.RET.REC.4312.01.001202324: Reference number of the previous circular dated October 16, 2023, related to the reporting of Reverse Repo transactions.
Reverse Repo transactions: Transactions where banks borrow money from the Reserve Bank of India by selling government securities with an agreement to repurchase them at a future date.
Commercial Banks: Banks that accept deposits, offer checking account services, and make loans.
Brij Raj: Chief General Manager at the Reserve Bank of India, signatory of the circular.
Mumbai, Maharashtra: Location of the Central Office of the Department of Regulation, Reserve Bank of India.
भारतीय �र ज़व� ब�क
RESERVE BANK OF INDIA
RBI/2023-24/92
DoR.RET.REC.59/12.01.001/2023-24 December 22, 2023
The Chairperson / CEOs of all Commercial Banks
Madam / Dear Sir,
Reverse Repo transactions - Reporting in Form ‘A’ Return
Please refer to the circular DoR.RET.REC.43/12.01.001/2023-24 dated October 16, 2023 on the
captioned subject.
2. On a review, it has been decided to revise the instructions contained in Para B of the above circular.
Accordingly, the Reverse Repo transactions of a bank with non-banks (other institutions) should be
reported as under:
i. For original tenors up to and inclusive of 14 days - Not required to be reported in Form A.
ii. 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)]
3. All other instructions specified in the above circular dated October 16, 2023 remain unchanged.
Yours faithfully,
(Brij Raj)
Chief General Manager
िविनयमन िवभाग, क�द्रीय काया�लय, 12वी ंऔर 13वी ंमंिज़ल, क�द्रीय काया�लय भवन, शहीद भगत िसंह माग�, मुंबई 400001
टेलीफोन /Tel No: 22601000 फै�/ Fax No: 022-2270 5670, 2260 5671, 5691 2270, 2260 5692
Department of Regulation, Central Office, 12th & 13th Floor, Central Office Building, Shaheed Bhagat Singh Marg, Mumbai – 400001
Tel No: 22601000 Fax No: 022-2270 5670, 2260 5671, 5691 2270, 2260 5692
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