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RBI asks banks to disclose sector wise loans from FY15. Photo: Mint
RBI asks banks to disclose sector wise loans from FY15. Photo: Mint

RBI asks banks to disclose sector wise loans from FY15

RBI says banks may also disclose loans under sub sectors where outstanding exceeds 10% of total advances in that sector

Mumbai: The Reserve Bank of India (RBI) asked banks to disclose sector wise loans in their financial statements from 2014/15 onwards.

In a circular issued on Wednesday, the central bank added that banks may also disclose loans under sub sectors where outstanding exceeds 10% of total advances in that sector. REUTERS

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