Guidelines on Sale of Financial Assets to Securitisation Company / Reconstruction Company and Related Issues

Posted Date : 20-Mar-2015 , 09:43:40 pm | Posted By CASANSAAR print

Listen to this Article

0:00

RBI/2014-15/508
DBR.No.BP.BC.78/21.04.048/2014-15

March 20, 2015

All Scheduled Commercial Banks
(Excluding Regional Rural Banks)

Dear Sir,

Guidelines on Sale of Financial Assets to Securitisation Company / Reconstruction Company and Related Issues

Please refer to paragraph 6 of the circular DBOD.BP.BC.No.96/21.04.048/2002-03 dated April 23, 2003, wherein disclosure requirements relating to sale of non-performing assets (NPAs) to Securitisation Companies(SCs)/Reconstruction Companies(RCs) have been specified.

2. In this connection, to enhance transparency, it has been decided that in addition to the disclosure requirements quoted in the above paragraph, banks shall make the following disclosures in the Notes to Accounts in their Annual Financial Statements:

(In Rs. Crore)
Particulars	Backed by NPAs sold by the bank as underlying		Backed by NPAs sold by other banks/ financial institutions/ non-banking financial companies as underlying		Total
Particulars	Previous Year	Current Year	Previous Year	Current Year	Previous Year	Current Year
Book value of investments in security receipts

Yours faithfully,

(Sudarshan Sen)
Chief General Manager-in-Charge

Category : RBI | Comments : 0 | Hits : 300

Also Read - Strengthening of Grievance Redress Mechanism in Banks - Review

RBI/2025-26/207 CO.CEPD.PRS.No.S1121/13-01-008/2025-2026 February 11, 2026 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/ Dear Sir, Strengt...

Also Read - Voluntary Retention Route - Imparting predictability and increasing ease of doing business

RBI/2025-26/205 A.P. (DIR Series) Circular No. 21 February 06, 2026 To All Authorised Dealer Category-I banks Madam / Sir, Voluntary Retention Route – Imparting p...

Also Read - All Agency Banks to remain open for public on March 31, 2026 (Tuesday)

RBI/2025-26/204 DoR.CO.SOG(Leg) No.401/09.08.024/2025-26 February 03, 2026 All Agency Banks Madam / Dear Sir, All Agency Banks to remain open for public on...