RBI Revises Instructions on BDDR for Cooperative Banks to Ensure Uniformity.

Banking & Finance

The Reserve Bank of India (RBI) has revised its instructions regarding the Balance Sheet Disclosures and Dividend Recommendations (BDDR) for cooperative banks to ensure uniformity across the sector. The new guidelines aim to standardize disclosure practices and dividend policies, addressing discrepancies and promoting consistency in financial reporting. By implementing these revisions, the RBI seeks to enhance transparency, improve comparability among cooperative banks, and strengthen overall financial stability. This move reflects the RBI's ongoing efforts to harmonize regulatory practices and support the cooperative banking sector's robustness and integrity.


      Revised BDDR instructions aim to enhance financial transparency and uniformity in reporting across cooperative banks.

      The update will address existing discrepancies and ensure consistent dividend recommendations and disclosures.

     

 

     


About RBI,

CEO : Shaktikanta Das
Headquarter : Mumbai
          ____________________________