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of <h1>RBI Mandates Gold Import Reports via XBRL for Banks Starting October 2014; Manual Submissions Phased Out.</h1> All Category - I Authorized Dealer Banks are required to submit gold import statements to the Reserve Bank of India. This submission, previously done manually, will transition to the eXtensible Business Reporting Language (XBRL) system starting from the half-year ending September 2014. Banks must submit both XBRL and manual statements for September 2014, but from October 2014 onwards, only XBRL submissions will be required. Banks need to obtain login credentials by submitting a form via email by September 26, 2014. These instructions are issued under the Foreign Exchange Management Act, 1999.
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