Upgradation of Non-Resident Deposits–Comprehensive Single Return

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.... on a monthly basis based on the recommendation of the National Statistical Commission. 2. Rationale for the new version - The existing NRD-CSR version 2.1 (R) application package has been revised and upgraded to version 3.0 due to the following changes that have taken place recently : (i) Modification in the IBS format on account of the implementation of the BIS (Bank for International Settlements) System of compilation of International Banking Statistics (IBS) of India; (ii) Addition of two new currencies viz. Australian Dollar (AUD) and Canadian Dollar (CAD) and increase in the maturity buckets in the FCNR (B) deposits [cf DBOD. Dir. BC. 22 / 13.03.00/ 2005-06 dated July 26, 2005]; and (iii) Need to provide useful to....

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....and Regional Rural Banks may submit the hard and soft copies of Stat 5 and Stat 8 Returns, in the revised formats/version, beginning with the data for April 2007, to the Regional Offices of the Foreign Exchange Department, Reserve Bank. 6. The directions contained in this circular have been issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act 1999 (42 of 1999) and is without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (Salim Gangadharan) Chief General Manager Annex- III [Annex to A. P. (DIR Series) Circular No. 55 dated May 09, 2007] Non-Resident Deposits - Comprehensive Single Return: Format for Electronic Reporting (version 3.0) Data should be....

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....ated   Note : (i) The data should be reported only once. Reporting same data repeatedly will lead to inconsistency since each time data is created using the NRD-CSR package, it creates one more file giving Bank name, address & contact details. (ii) In case file is prepared by bank from bank's own system, the details about Bank name, Part I code, postal address, city, pin, name of responsible officer, phone & fax numbers with e-mail id may be reported in the forwarding letter. Further, to ensure accuracy of the format, it is advised that banks should use NRD-CSR 3.0 Head Office module and load data in the Input and get NRD-CS Return in the output after checking the data. Details of codes used in the NRD-CSR electronic reportin....

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.... JPY   United States Dollar USD Probable currencies acceptable under Non-Resident Deposits during the last few years as per SWIFT Code.   Code Box 4: Record Type Code No. Record Type Description of data item on the record Code   Inflows Fresh inflow from abroad (total) FI   High value* amount inflow from abroad (of FI) HA   Amount of interest reinvested IR   Amount renewed / transfer from other A/c PR   Local inflow (for NRO Savings A/c) LI   Outflows Amount of principal remitted abroad (total) PA   High value* amount of principal remitted to abroad (of PA) HP   Amount of interest remi....