(a) "As per the Reserve Bank of India (Financial Statements-Presentation and Disclosures) Directions, 2021, Commercial Banks have to report "Reverse Repos Transactions" on their Bank's Balance Sheet". Explain the relevan

In order to bring more clarity on the presentation of Reverse Repo Transactions Amount on the Bank's Balance Sheet, Reserve Bank of India on May 19, 2022 has issued an notification regarding reporting of reverse repos with Reserve Bank on the bank's balance sheet are as per the following guidelines to the Commercial Banks: All type of Reverse Repos with the Reserve Bank including those under Liquidity Adjustment Facility shall be presented under sub-item (ii) 'In Other Accounts' of item (II) 'Balances with Reserve Bank of India' under Schedule 6 'Cash and balances with Reserve Bank of India'. Reverse Repos with Banks and other Institutions having original tenors up to and inclusive of 14 days shall be classified under item (ii) "Money at call and short notice" under Schedule 7 'Balances with banks and money at call and short notice'. Reverse Repos with Banks and other institutions having original tenors more than 14 days shall be classified under Schedule 9 - 'Advances' under the following heads: A. (ii) 'Cash credits, over drafts and loans repayable on demand'. B. (i) 'Secured by tangible assets.' C. (I). (iii) Banks (iv) 'Others' (as the case may be)