To bring uniformity in reporting of Reverse Repo transactions in the Form A Return by various banks, it is clarified that the banks should adhere to the following practice for presentation of Reverse Repo transactions in the above return:
Reverse Repo transactions with the banks should be reported as under:
i. For original tenors up to and inclusive of 14 days
- Item III(b) of Form A (i.e. Money at call and short notice) and;
- Memo item 2.1 of Annex A to Form A (i.e. under Inter Bank Assets)
ii. For original tenors more than 14 days
- Item III(c) of Form A (i.e. Advances to banks) and;
- Memo item 2.1 and 2.2 of Annex A to Form A (i.e. under Inter Bank Assets)
Reverse Repo transactions with non-banks (other institutions) for all tenors should be reported under Item VI(a) of Form A [i.e. Loans, cash credits and overdrafts under Bank Credit in India (excluding inter-bank advances)].
Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12548&Mode=0