RESERVE BANK OF INDIA
Foreign Exchange Department
Central Office
Mumbai - 400 001
A. P. (DIR Series) Circular No. 4
July 12, 2012
To,
All Authorised Dealers in Foreign Exchange
Madam / Sir,
Non Resident Deposits- Comprehensive Single Return
Attention of banks maintaining Non-Resident Deposit (NRD) Accounts is invited to
A. P. (DIR Series) Circular
No. 55 dated May 09, 2007, in terms of which the
data on Non-Resident Deposits are required to be submitted in soft copy in the
form of Stat 5 and Stat 8 Returns in Microsoft Excel format, both through email
and a hard copy to the Director, Reserve Bank of India, Department of Statistics
and Information Management (DSIM), Central Office, Balance of Payments
Statistics Division,C-9/8, Bandra-Kurla Complex, Bandra (East),Mumbai – 400 051.
- As the above system of reporting of Stat 5 and Stat 8 returns in soft copy
has stabilized, it has now been decided that the banks, dealing in foreign
exchange (excluding RRBs and Co-Operative banks) can stop sending hard copies to
DSIM, Central Office. The soft copies as per the prescribed format should only
be sent to DSIM, Central Office, henceforth.
- Co-operative Banks and Regional Rural Banks may, however, continue submission
of both hard and soft copies of Stat 5 and Stat 8 Returns, to the Regional
Offices of the Foreign Exchange Department, Reserve Bank of India.
- The directions contained in this circular have been issued under sections
10(4) and 11(1) of the Foreign Exchange Management Act 1999 (42 of 1999) and are
without prejudice to permissions / approvals, if any, required under any other
law.
Yours faithfully,
Rashmi Fauzdar
Chief General Manager
RBI/2012-13/128