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of <h1>Banks Must Ensure Timely FDI Reporting: 30-Day Notice for Receipt, 180-Day for Instrument Issuance per FEMA.</h1> Attention is drawn to Authorised Dealer Category-I banks regarding the reporting requirements under the Foreign Direct Investment (FDI) Scheme as per the Foreign Exchange Management Regulations. Indian companies must report the receipt of FDI consideration in the Advance Reporting Format to the Reserve Bank within 30 days and issue FDI instruments within 180 days, reporting the same in Form FC-GPR. Delays in reporting can lead to violations under FEMA. Banks are urged to ensure compliance by their clients and establish monitoring systems for FDI transactions. These instructions are issued under the Foreign Exchange Management Act, 1999.
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