SCHEDULE 3

DEPOSITS

Guidelines of RBI for Compilation of Financial Statements

Deposits (Schedule 3)

A. (I) Demand Deposits : includes all banks deposits repayable on demand.

• from banks : includes all demand deposits of the non-banking sectors.
• from others : Credit balances in overdrafts, cash credit accounts, deposits payable at call, overdue deposits, inoperative current accounts, matured time deposits and cash certificates, certificate of deposits, etc, are to be included under this category.

(II) Saving Bank Deposits : Includes all savings bank deposits (including inoperative savings bank accounts).

(III)Term Deposits : Includes all types of bank deposits repayable after specified term.

• from banks
• from others : Includes all types of deposits of the non-banking sector, repayable after a specified term. Fixed deposits, cumulative and recurring deposits, annuity deposits, deposits mobilised under various schemes, ordinary staff deposits, foreign currency non-resident deposits accounts, etc. are to be included under this category.

B. (i) Deposits of branches in India : The total of these two items will agree with the total deposits.

(ii) Deposits of branches outside India

Notes : General

• Interest payable on deposits which is accrued but not due should not be included but shown under other liabilities.
• Matured time deposits and cash certificates, etc., should be treated as demand deposits.
• Deposits under special schemes should be included under the term deposits, if they are not payable on demand. When such deposits have matured for payment they should be shown under demand deposits.
• Deposits from banks will include deposits from the banking system in India, co-operative banks, foreign banks, which may or may not have presence in India.