Foreign exchange reporting obligations: fortnightly Form BAL filings moved to RBI web portal; monthly Nostro/Vostro report discontinued. Head/Principal Offices of Authorised Dealer Category I banks must submit holdings of all foreign currencies in Form BAL on a fortnightly basis via the Reserve Bank web portal, effective from August 16, 2017, with returns filed within seven calendar days of the reporting period; the separate monthly Nostro/Vostro account balance report is discontinued. Directions issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign exchange reporting obligations: fortnightly Form BAL filings moved to RBI web portal; monthly Nostro/Vostro report discontinued.
Head/Principal Offices of Authorised Dealer Category I banks must submit holdings of all foreign currencies in Form BAL on a fortnightly basis via the Reserve Bank web portal, effective from August 16, 2017, with returns filed within seven calendar days of the reporting period; the separate monthly Nostro/Vostro account balance report is discontinued. Directions issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999.
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