Understanding Categories and Locations of Bank Deposits and Borrowings

Schedule 3: Deposits

A. Categories of Deposits

Demand Deposits
- From Banks
- From Others
Saving Bank Deposits
Term Deposits
- From Banks
- From Others

Total (I + II + III)

B. Deposit Locations

Deposits of Branches in India
Deposits of Branches Outside India

Comments on Schedule 3 – Deposits Items

I. Demand Deposits

From Banks
From Others: This category encompasses all bank deposits repayable on demand from the non-bank sector. It includes:
- Credit balances in overdrafts
- Cash credit accounts
- Deposits payable at call
- Overdue deposits
- Inoperative current accounts
- Matured term deposits and cash certificates
- Certificates of deposits

II. Saving Deposits

This section includes all saving bank deposits, including inoperative saving bank accounts.

III. Term Deposits

From Banks: Represents all bank deposits repayable after a specified term.
From Others: Encompasses deposits from the non-bank sector that are repayable after a specified term. Items included in this category are:
- Fixed deposits
- Cumulative and recurring deposits
- Cash certificates
- Certificates of deposits
- Annuity deposits
- Deposits mobilized under various schemes
- Ordinary staff deposits
- Foreign currency non-resident deposit accounts

B. Deposit Locations

Deposits of Branches in India
Deposits of Branches Outside India: The total of these two categories should align with total deposits reported.

General Notes

(a) Interest on deposits that is accrued but not due must be recorded under "Other Liabilities" in Schedule 5.
(b) Matured time deposits and cash certificates are to be classified as demand deposits.
(c) Deposits under special schemes should fall under term deposits if they are not payable on demand. Once matured, they should be adjusted as demand deposits.
(d) Deposits from banks include those from the banking system in India, cooperative banks, and foreign banks, regardless of their presence in India.

Special Consideration: Unclaimed Deposits

Banking companies must submit an annual return to the Reserve Bank of India detailing all accounts in India that have remained inactive for 10 years. This return must be submitted within 30 days following the end of the calendar year. For fixed deposits, the 10-year timeframe starts from the date of expiry of the specified term.

Schedule 4: Borrowings

I. Borrowings in India

Reserve Bank of India
Other Banks
Other Institutions and Agencies

II. Borrowings Outside India

Total (I + II)

Secured Borrowings in I and II

Comments on Schedule 4: Borrowings Items

1. Borrowings in India

Reserve Bank of India: This section includes borrowings or refinance from the Reserve Bank of India.
Other Banks: This includes borrowings or refinance from commercial banks, including cooperative banks.
Other Institutions and Agencies: Covers borrowings or refinance obtained from institutions such as Industrial Development Bank of India, Exim Bank of India, NABARD, and similar organizations. This may also include liabilities related to participation certificates.

2. Borrowings Outside India

This category includes borrowings from Indian branches located abroad as well as those of foreign branches.

General Notes

The total of sections I and II must correspond with the total borrowings as shown in the balance sheet.
Inter-office transactions should not be recorded as borrowings.
Funds raised by foreign branches through instruments like certificates of deposits, notes, or bonds should be classified appropriately as either ‘deposit,’ ‘borrowing,’ or otherwise, depending on the documentation.