Capital
The following particulars have to be given in respect of share capital in the balance sheet.
(a) For Banks Incorporated in India
Authorised Capital |
(shares of Rs.__ each) |
Issued Capital |
(shares of Rs.__ each) |
Subscribed Capital |
(shares of Rs.__ each) |
Called-up Capital |
(shares of Rs.__ each) |
Less: Calls unpaid |
|
Add: Forfeited shares |
(In case of Nationalised Banks capital owned by Central Government as on the date of balance sheet including contribution from Government, if any, for participating in World Bank Projects should be shown separately.)
(b) For Banks Incorporated Outside India
(i) Capital (the amount brought in by banks by way of start-up capital as prescribed by RBI should be shown under this head).
(ii) Amount of deposit kept with the RBI under section 11(2) of the Banking Regulation Act, 1949.
RBI vide its circular no. DBOD.BP.BC No.81/ 21.01.002/2009-10 dated March 30, 2010 on “Classification in the Balance Sheet – Capital Instruments” advised that under the Schedule 1- Capital, Perpetual Non-Cumulative Preference Share (PNCPS) should be sub – classified in the balance sheet from the financial year ending March 31, 2010.
If circumstances permit, items which can be combined may be shown under one head, for instance, ‘Issued and Subscribed Capital’.
In case of banking companies incorporated outside India, the amount of deposit kept with the RBI under section 11(2) of the Act has to be shown under this head; the amount, however, should not be extended to the outer column.
The RBI’s Master Circular no. RBI/2015-16/99 DBR.BP.BC No.23/21.04.018/2015-16 dated July 1, 2015 on “Disclosure in Financial Statements – Notes to Accounts” lays down the certain aspects to be disclosed in respect of capital for the current as well as the previous year.