Foreign currency exposure reporting: authorised dealers must submit consolidated corporate-wise FC exposure data to RBI annually. Authorised Dealers Category I must consolidate bank wide corporate foreign currency exposures as on April 1, showing import transactions and non trade payments in USD equivalent alongside amounts already hedged, and submit corporate wise balances in Excel to the Chief General Manager, Foreign Exchange Department, Reserve Bank of India by June 30 annually; import exposures are to be calculated on a three year average adjusted for major subsequent changes, while non trade payments are reported on actuals.
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Provisions expressly mentioned in the judgment/order text.
Foreign currency exposure reporting: authorised dealers must submit consolidated corporate-wise FC exposure data to RBI annually.
Authorised Dealers Category I must consolidate bank wide corporate foreign currency exposures as on April 1, showing import transactions and non trade payments in USD equivalent alongside amounts already hedged, and submit corporate wise balances in Excel to the Chief General Manager, Foreign Exchange Department, Reserve Bank of India by June 30 annually; import exposures are to be calculated on a three year average adjusted for major subsequent changes, while non trade payments are reported on actuals.
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