MASTER DIRECTION –

RESERVE BANK OF
INDIA (FILING OF
SUPERVISORY
RETURNS)
DIRECTIONS – 2024
 VISION OBJECTIVE
With the introduction of Scale
Based Regulations and CIMS With a view to create a single
online platform, for return reference and to harmonize
submission, data dissemination timelines for submission various
and other related purposes in returns
2023, RBI aims to streamline the
compliances of regulated
entities.
 NEW CLASSIFICATION OF NBFCS AS PER
SCALE BASED REGULATIONS

BASE LAYER MIDDLE LAYER UPPER LAYER

• non-deposit taking NBFCs below • All NBFCs-D, irrespective of their

the asset size of ₹1,000 crore &
• NBFCs undertaking the following
activities -
- NBFC-P2P
- NBFC-AA
- NOFHC &
- NBFC not availing public funds and
not having any customer interface.
size
NBFCs which are
• non-deposit taking NBFCs with specifically identified
asset size of ₹1,000 crore and
by the
above
Reserve Bank of India.
• NBFCs undertaking the following
activities - SPD, IDF-NBFC, CIC,
HFC & NBFC-IFC
 RESPONSIBILITIES OF
BOARD AND SM
The Board and Senior Management shall
include the identification, assessment, and
management of data quality risks as a part
of overall risk management framework
ACCURACY AND
ACCURACY AND
INTEGRITY IN REPORTING
INTEGRITY IN REPORTING
Emphasis has been given on accuracy of
data, maintenance of proper records &
striving to achieve a higher degree of
automation in generation of data for filing
of returns
DATA ARCHITECTURE
AND IT INFRASTRUCTURE
Design, build and maintain data architecture
& IT infrastructure for accurate, complete &
timely data aggregation and reporting the
same shall be considered essential
JOB EVENT
REPEAL PROVISIONS
With the issuance of these Directions,
Master Direction- Non-Banking Financial
Company Returns (Reserve Bank)
Directions, 2016 stand repealed
 REVISED TIMELINES
TIMELINE FOR RETURN
PERIODICITY REFERENCE DATE
SUBMISSION

DNBS01, DNBS03, DNBS4A, DNBS07, DNBS11,

Within 15 days from the Reference Date Within 21 days from the Reference Date
DNBS12, DNBS13, and DNBS14

Frequency - Annual
DNBS02 Frequency - Quarterly
Timeline - Within 60 days from
Timeline - Within 21 days from Reference Date
Reference Date

DNBS4B Within 10 days from the Reference Date Within 15 days from the Reference Date

DNBS08 - CRILC (Main) Within 21 days from the Reference Date Within 15 days from the Reference Date

Annually within 30 days from the date of Annually within 5 working days from the date
DNBS 10 (SAC)
signing of Auditor’s report of signing of Auditor’s report

NAME OF THE RETURN
DNBS02 - Important Financial
Parameters
DNBS04A- Short Term
Dynamic Liquidity
DNBS04B-Structural Liquidity
& Interest Rate Sensitivity
DNBS08 - CRILC (Main)
DNBS09-CRILC – RDB return
DNBS10-Statutory Auditor
Certificate (SAC) Return
RETURNS FOR BASE LAYER
OLD TIMELINE NEW TIMELINE
Quarterly – within 21 days from
Annually
end of quarter
Quarterly – within 21 days from
-
end of quarter
Monthly – within 15 days from
-
end of the month
Monthly - within 15 days from end
-
of the month
- Weekly -
Annually – within 30 days from Annually – within 5 working days
signing the audit report from signing the audit report
APPLICABILITY
All NBFCs-BL except NBFC –
P2Ps
NBFC-BL with asset size of ₹100
crore and above solely or at Group
level excluding Type-I NBFCs,
NOFHCs P2Ps, AAs, and Mortgage
Guarantee Companies
NBFC-BL which are NBFC-ICC,
NBFC-MFI, NBFC-Factors having
asset size of ₹500 crore and above
solely or at Group level
All NBFCs
 RETURNS FOR BASE LAYER
NAME OF THE RETURN OLD TIMELINE NEW TIMELINE APPLICABILITY

DNBS13 - Overseas
All NBFCs
Investment Details

Quarterly – within 15 days from Quarterly – within 21 days from

end of quarter end of quarter NBFC-BL which are NBFC-ICC,
FMR - IV (Report on Dacoities /
NBFC-MFI, NBFC-Factors having
Robberies / Theft / Burglaries)
asset size of ₹500 crore and above

Form A Certificate Annual Annual All NBFCs

Note :
• All audited returns, wherever applicable, shall be filed within 5 working days from the date of signing of the Auditor’s
report.
• All ad-hoc returns/ data must be submitted within the timelines as indicated in the communication issued by the RBI
 RETURNS FOR MIDDLE LAYER
NAME OF THE RETURN OLD TIMELINE NEW TIMELINE APPLICABILITY

DNBS01-Important Financial
All NBFCs-ML except CICs
Parameters

Quarterly – within 15 days from

DNBS03- Important Prudential Quarterly – within 21 days from
end of quarter All NBFCs-ML except CICs
Parameters end of quarter

DNBS04A- Short Term

All NBFCs-ML except SPDs
Dynamic Liquidity

DNBS04B-Structural Liquidity Monthly – within 10 days from Monthly – within 15 days from
All NBFCs-ML except SPDs
& Interest Rate Sensitivity end of the month end of the month

DNBS08 – CRILC (Main) Monthly - within 21 days from Monthly - within 15 days from end
All NBFCs-ML except CICs
end of the month of the month

DNBS09-CRILC – RDB return Weekly Weekly - All NBFCs-ML except CICs

 RETURNS FOR MIDDLE LAYER
NAME OF THE RETURN OLD TIMELINE NEW TIMELINE APPLICABILITY

DNBS10-Statutory Auditor Annually – within 30 days from Annually – within 5 working days
All NBFCs
Certificate (SAC) Return signing the audit report from signing the audit report

DNBS11-CICs - Important
Quarterly NBFC-CICs
Financial Parameters

DNBS12-CICs - Important Quarterly

NBFC-CICs
Prudential Parameters
Quarterly - within 21 days from
DNBS13 - Overseas Quarterly – within 15 days from end of quarter
All NBFCs
Investment Details end of quarter

DNBS14- P2Ps- Important

NBFCs-P2P
Financial & Prudential Quarterly
Parameters
 RETURNS FOR MIDDLE LAYER
NAME OF THE RETURN OLD TIMELINE NEW TIMELINE APPLICABILITY

Quarterly – within 15 days from

FMR - IV (Report on Dacoities / Quarterly - within 21 days from All NBFCs-ML
end of quarter
Robberies / Theft / Burglaries) end of quarter

Form A Certificate All NBFCs

Annual Annual

Note :
• All audited returns, wherever applicable, shall be filed within 5 working days from the date of signing of the Auditor’s
report.
• All ad-hoc returns/ data must be submitted within the timelines as indicated in the communication issued by the RBI
 NEW RETURN
INTRODUCED

FINANCIAL SOUNDNESS INDICATORS (FSI):

This is a special return for furnishing consolidated FSIs

to IMF. Data compilation is done as per the Guidelines
issued by IMF which have been circulated to all the
reporting entities

RBI Shall issue guidelines with respect to applicability

and details to be submitted by NBFC

Currently this return was applicable to Banks

 THANK YOU
CA CHANDAN RAJPUROHIT

CHANDAN RAJPUROHIT & ASSOCIATES

CHARTERED ACCOUNTANTS
www.crpandassociates.in
info@crpandassociates.in
022 46179424 / +91 82861 35965