NBFC RBI Compliance

Name of return

Details of the return

Frequency and due dates

Purpose

NBS-1 Return/DNBS-01

Return on Financial Indicators by NBFC accepting or holding deposit to be filed within 15 days of closure of the quarter

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture financial details, viz. components of Assets and Liabilities, Profit and Loss Account, Exposure to sensitive sectors etc.

NBS-2 Return/DNBS-03

Return on Prudential norms to be filed by deposit taking NBFC within 15 days of the closure of the quarter

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture compliance with various prudential norms e.g. Capital Adequacy, Asset Classification, Provisioning, NOF etc.

NBS-3 Return/DNBS-03

Return on Liquid assets to be filed by deposit taking NBFC within 15 days of the closure of the quarter

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture details of Statutory Investments in Liquid Assets (Central/ State Government Securities, Fixed Deposits in Scheduled Commercial Bank etc)

Statutory Auditors Certificate (SAC)

Annually, One month from the date of finalization of Balance Sheet but not later than 31^st December

Certificate in the prescribed format from its Statutory Auditor every year to the effect that it is engaged in the business of non-banking financial institution requiring it to hold a Certificate of Registration- To ensure continued regulatory compliance.

Branch Information Return

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture the reach and geographical spread of NBFC’s

Reporting to Central Repository of Information on Large Credits (CRILC) return (credit information on all the borrowers having aggregate fund-based and non-fund based exposure of Rs 5 crore and above)

Quarterly basis, 21^st April, 21^st July, 21^st October, 21^st January

To facilitate early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders

Report of SMA-2 Accounts (Special Mention Accounts where Principal or interest payment overdue between 61-180 days)

 Friday of the week when the relevant account first came in SMA-2 category/ preceeding day when the Friday is a holiday.

Details of the return

Frequency and due dates

Purpose

Asset-Liability Management (ALM) Return NBFC-D

Half yearly basis, 30^th April, 30^th October

To address concerns regarding Asset Liability mismatches and interest rate risk exposures, an ALM System was introduced for the deposit taking NBFCs as part of their overall system for effective risk management.

Name of return

Details of the return

Frequency and due dates

Purpose

NBFC-ND-SI 500 cr return

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture financial details, viz. components of Assets and Liabilities, Profit and Loss Account, Exposure to sensitive sectors, sectoral deployment of credit  etc.

NBS-7 Return/DNBS-03

Return on Prudential norms to be filed by Non deposit taking systematically important NBFC within 15 days of the closure of the quarter

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture compliance with various prudential norms e.g. Capital Adequacy, Asset Classification, Provisioning, Net Owned Funds etc.

Statement of short term dynamic liquidity (NBS-ALM1)

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To address concerns regarding Asset Liability mismatches and interest rate risk, an ALM System was introduced for the NBFC-ND-SI as part of their overall system for effective risk management

Statement of structural liquidity (NBS-ALM2)

Half yearly basis, 30^th April, 30^th October

To address concerns regarding Asset Liability mismatches and interest rate risk, an ALM System was introduced for the NBFC-ND-SI as part of their overall system for effective risk management

Statement of Interest Rate Sensitivity  (NBS-ALM3)

Half yearly basis, 30^th April, 30^th October

To address concerns regarding Asset Liability mismatches and interest rate risk, an ALM System was introduced for the NBFC-ND-SI as part of their overall system for effective risk management

Statement on Assets Liability Mismatch (ALM-YRLY)

Annually, 15^th April

To address concerns regarding Asset Liability mismatches and interest rate risk, an ALM System was introduced for the NBFC-ND-SI as part of their overall system for effective risk management

Statutory Auditors Certificate (SAC)

Annually, One month from the date of finalization of Balance Sheet but not later than 31^st December

Certificate in the prescribed format from its Statutory Auditor every year to the effect that it is engaged in the business of non-banking financial institution requiring it to hold a Certificate of Registration- To ensure  continued regulatory compliance.

Branch Information Return

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture the reach and geographical spread of NBFC’s

Reporting to Central Repository of Information on Large Credits (CRILC) return (credit information on all the borrowers having aggregate fund-based and non-fund based exposure of Rs 5 crore and above)

Quarterly basis, 21^st April, 21^st July, 21^st October, 21^st January

To facilitate early Recognition of Financial Distress, Prompt Steps for Resolution and Fair Recovery for Lenders

Report of SMA-2 Accounts ( Special Mention Accounts where Principal or interest payment overdue between 61-180 days)

 Friday of the week when the relevant account first came in SMA-2 category/ preceeding day when the Friday is a holiday.

Name of the Return

Details of the return

Frequency and due dates

Purpose

NBS-8 Return/DNBS-02

Every Non-Deposit taking NBFC having asset size of INR 100 Cr-500 Cr. It is required to file this return every year within 60 days of closure of financial year

Annually, 30^th May

To capture financial details, viz. components of Assets and Liabilities, Profit and Loss Account, Exposure to sensitive sectors, Branch Information  etc.

Statutory Auditors Certificate (SAC)

Annually, One month from the date of finalization of Balance Sheet but not later than 31^st December

Certificate in the prescribed format from its Statutory Auditor every year to the effect that it is engaged in the business of non-banking financial institution requiring it to hold a Certificate of Registration- To ensure  continued regulatory compliance.

Name of the Return

Details of the return

Frequency and due dates

Purpose

NBS-9  Return/DNBS-02

Every Non-Deposit taking NBFC having asset size upto INR 100 Crore . It is required to file this return every year within 60 days of closure of financial year

Annually, 30^th May

To capture financial details, viz. components of Assets and Liabilities, Profit and Loss Account, Exposure to sensitive sectors, Branch Information etc.

Statutory Auditors Certificate (SAC)

Annually, One month from the date of finalization of Balance Sheet but not later than 31^st December

Certificate in the prescribed format from its Statutory Auditor every year to the effect that it is engaged in the business of non-banking financial institution requiring it to hold a Certificate of Registration- To ensure  continued regulatory compliance.

Details of the return

Frequency and due dates

Purpose

NBS1A

Annually, 30^th September

To capture financial details, viz. components of Assets and Liabilities, Profit and Loss Account, Exposure to sensitive sectors, Statutory Investments in Liquid Assets etc.

NBS3A

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture financial details, viz. components of Assets and Liabilities, Profit and Loss Account, Exposure to sensitive sectors, Statutory Investments in Liquid Assets etc.

Statutory Auditors Certificate (SAC)

Annually, One month from the date of finalization of Balance Sheet but not later than 31^st December

Certificate in the prescribed format from its Statutory Auditor every year to the effect that it is engaged in the business of non-banking financial institution requiring it to hold a Certificate of Registration- To ensure  continued regulatory compliance.

Details of the return

Frequency and due dates

Purpose

Certificate from Statutory Auditor on compliance with FDI norms

Half yearly basis, 30^th April, 30^th October

To capture compliance with the stipulated minimum capitalization norms and that its activities are restricted to the activities prescribed under FEMA.

Details of the return

Frequency and due dates

Purpose

Quarterly Return to be submitted by NBFCs having overseas Investment

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture details on overseas investment by NBFCs.

Certificate from Statutory Auditor on compliance with the conditions of Master Direction

Annually

To capture details on overseas investment by NBFCs.

Details of the return

Frequency and due dates

Purpose

ARC Return

Quarterly basis, 15^th April, 15^th July, 15^th October, 15^th January

To capture financial parameters and various operational details e.g assets (NPA) acquired, acquisition cost, their recovery status etc.

Details of the return

Frequency and due dates

Purpose

Interest rate futures transactions for the purpose of hedging by NBFCs

Half yearly basis, 31^st  October, 30^th April,

To know the extent of participation of NBFCs in Interest rate Future market