MANU/RMIC/0008/2020
Ministry : Reserve Bank of India
Department/Board : Department of Supervision
Circular No. : DoS.OSMOS.No.4633/33.05.018/2019-2020
RBI/2019-2020/144
Date : 16.01.2020
Notification/ Circulars Referred : RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 MANU/RMIC/0165/2019
Subject: Banking
Citing Reference:
RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 MANU/RMIC/0165/2019 Referred
Primary (Urban) Co-operative Banks
Dear Sir / Madam
Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs
We draw your attention to RBI Circular DOR (PCB). BPD.Cir.No.7/13.05.000/2019-20 dated December 27, 2019 on "Reporting of Large Exposures to Central Repository of Information on Large Credits (CRILC) - UCBs". In terms of the instructions, Primary (Urban) Co-operative Banks (UCBs) having total assets of `500 crore and above as on 31st March of the previous financial year (hereinafter referred to as "banks") shall report credit information, including classification of an account as Special Mention Account (SMA), on all borrowers having aggregate exposures of `5 crore and above with them to Central Repository of Information on Large Credits (CRILC) maintained by the Reserve Bank. Aggregate exposure shall include all fund-based and non-fund based exposure, including investment exposure on the borrower.
2. The operational guidelines for reporting the CRILC- UCBs return are as follows:
i. The reporting frequency of the CRILC- UCBs return is quarterly to start with. The banks need to submit the data on large exposures within 30 days from the end of the quarter through XBRL reporting platform of RBI. Banks may put in place appropriate systems to be in readiness to submit the return on a more frequent periodicity.