Inflows of foreign currency: quarterly bank reporting and certifications govern exchange house receipts and required disclosures. Statement E (E-RDA) is a quarterly US dollar report of foreign currency inflows through exchange houses, detailing exchange house and country, branch coverage, prior-year receipts, quarter-by-quarter inflows, outflows and percentage growth or deceleration, and disclosure of Drawing Arrangements including RDA. It must be certified by the Chief of International Banking at head office (minimum DGM), include comparative figures and explanations for deviations with corrective actions, and contain specified bank certifications about compilation from actuals, reasons for changes, RBI approvals for outflows where applicable, account balances, and monitoring of exchange houses.
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Inflows of foreign currency: quarterly bank reporting and certifications govern exchange house receipts and required disclosures.
Statement E (E-RDA) is a quarterly US dollar report of foreign currency inflows through exchange houses, detailing exchange house and country, branch coverage, prior-year receipts, quarter-by-quarter inflows, outflows and percentage growth or deceleration, and disclosure of Drawing Arrangements including RDA. It must be certified by the Chief of International Banking at head office (minimum DGM), include comparative figures and explanations for deviations with corrective actions, and contain specified bank certifications about compilation from actuals, reasons for changes, RBI approvals for outflows where applicable, account balances, and monitoring of exchange houses.
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