Attention of the banks is drawn to BRPD CIRCULAR NO. 03 DATED 18.04.2000 on the captioned subject. It has been decided to amend the forms of financial statements and directives for preparation thereof with a view to bringing in more disclosure in the financial statements of the bank companies. The forms of the first schedule of the Bank Companies Act, 1991 as amended under sub-section 38(4) of the act have been annexed herewith. The financial statements to be prepared as per the amended forms and instructions taking effect from the last working day of the year 2003 will help the users of the statements get adequate and transparent idea about the concerned bank company.
Please acknowledge receipt.