SCHEDULE 4

BORROWINGS

Guidelines of RBI for Compilation of Financial Statements

Borrowings (Schedule 4)

• Borrowing in India : Includes borrowing / refinance obtained from Reserve Bank of India.

• Reserve Bank of India
  
  
• Other Banks : Includes borrowings / refinance obtained from commercial banks (including co-operative banks).
  
  
• Other institutions and agencies : Includes borrowings / refinance obtained from Industrial Development Bank of India, Export-Import Bank of India, National Bank for Agriculture and Rural Development and other institutions, agencies including liability against participation certificates, if any).

• Borrowings outside India : Includes borrowings of Indian branches abroad as well as borrowing of foreign branches.Secured borrowings includes above : This item will be shown separately. Includes secured borrowing / refinance in India and outside India.

Notes : General

• The total of I and II will agree with the total borrowings shown in the Balance Sheet.
  
  
• Inter-office transactions should not be shown as borrowings.
  
  
• Funds raised by foreign branches by way of certificates of deposits, notes, bonds, etc., should be classified depending upon documentation, as 'deposits', 'borrowings', etc.
  
  
• Refinance obtained by banks from Reserve Bank of India and various institutions are being brought under the head 'Borrowings'. Hence, advances will be shown at the gross amount on the assets side.