BSR codes 1
This query is : Resolved
29 November 2008
What nis the long form of BSR codes ?
Expalin it in detail?
Expalin it in detail?
30 November 2008
BSR -
Basic Statistical Returns
Basic Statistical Returns
30 November 2008
The Basic Statistical Returns (BSR) System introduced in December 1972 has
been in force for almost three decades. The improvements in the system are effected from
time to time. To provide guidance for filling in the BSR-1 and 2 returns, the Reserve Bank
brought out the first Handbook of Instructions in September 1972. Consequent upon the
improvements in the BSR system, the Handbook was revised in January 1978, January
1984, January 1990, and March 1996. Following the recent developments in banking
scenario and to have uniform coding system for occupation/activity classification in line
with National Industrial Classification NIC-1998, it is felt necessary to introduce a few
revisions with effect from March 2002 survey. The present edition, sixth in the line, provides
for these amendments in the system. As suggested by the Government of India to adopt a
uniform classification system in order to keep the data comparable, nationaly as well as
internationaly, the Reserve Bank of India had appointed an Informal Group on Coding System
for Banking Statistics to look into the feasibility and adaptability of NIC-1998 for BSR and
similar information systems in the banks. The new activity coding system in BSR is based
on the recommendations of the Informal Group. The revision also aims at bringing about
improvement in the quality of data reported by the banks. The periodicity of BSR survey
will remain yearly as hitherto and reference date of BSR-1 and BSR-2 will continue to be
31st March so as to coincide with the accounting year of the banks. However, in order to
get more exhaustive and useful information, it has been decided to collect certain additional
information through BSR-1 and BSR-2.
been in force for almost three decades. The improvements in the system are effected from
time to time. To provide guidance for filling in the BSR-1 and 2 returns, the Reserve Bank
brought out the first Handbook of Instructions in September 1972. Consequent upon the
improvements in the BSR system, the Handbook was revised in January 1978, January
1984, January 1990, and March 1996. Following the recent developments in banking
scenario and to have uniform coding system for occupation/activity classification in line
with National Industrial Classification NIC-1998, it is felt necessary to introduce a few
revisions with effect from March 2002 survey. The present edition, sixth in the line, provides
for these amendments in the system. As suggested by the Government of India to adopt a
uniform classification system in order to keep the data comparable, nationaly as well as
internationaly, the Reserve Bank of India had appointed an Informal Group on Coding System
for Banking Statistics to look into the feasibility and adaptability of NIC-1998 for BSR and
similar information systems in the banks. The new activity coding system in BSR is based
on the recommendations of the Informal Group. The revision also aims at bringing about
improvement in the quality of data reported by the banks. The periodicity of BSR survey
will remain yearly as hitherto and reference date of BSR-1 and BSR-2 will continue to be
31st March so as to coincide with the accounting year of the banks. However, in order to
get more exhaustive and useful information, it has been decided to collect certain additional
information through BSR-1 and BSR-2.
30 November 2008
An important revision in BSR-1 Part A return is the introduction of the new activity
classification system recommended by the Informal Group of Coding System for Banking
Statistics (2001). This system is on the lines of the National Industrial Classification (NIC)
-1998. The revised system is a 5-digit coding system where the first 3 digits are similar to
NIC group except for a few special cases and the other 2 digits represent subgroups,
freely coded as per requirements of banking statistics. Some new ‘type of account’ codes
and ‘organisation’ codes have also been added.
classification system recommended by the Informal Group of Coding System for Banking
Statistics (2001). This system is on the lines of the National Industrial Classification (NIC)
-1998. The revised system is a 5-digit coding system where the first 3 digits are similar to
NIC group except for a few special cases and the other 2 digits represent subgroups,
freely coded as per requirements of banking statistics. Some new ‘type of account’ codes
and ‘organisation’ codes have also been added.
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