RBI Issues Clarifications on ‘Financial Statements Presentation and Disclosures Directions, 2021
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- Last Updated on 22 March, 2025
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Circular No. RBI/2024-25/126 DOR.ACC.REC.No.66/21.04.018/2024-25, Dated: 20.03.2025
The RBI has issued clarifications on the Financial Statements (Presentation and Disclosures) Directions, 2021, based on queries from banks and the Indian Banks’ Association (IBA). These clarifications address disclosures in the notes to accounts to financial statements and instructions for the balance sheet compilation. The instructions apply to all commercial and cooperative banks for preparing financial statements for the FY ending March 31, 2025, and onwards.
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