Overseas Direct Investments by Indian Party- Online Reporting of Overseas Direct Investment in Form ODI.

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....s Direct Investment in Form ODI Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series) Circular No. 36 dated February 24, 2010, wherein ADs were advised about the operationalisation of the online reporting system of overseas direct investments (ODI) with effect from March 2, 2010. The system, inter alia enables online generation of the Unique Identif....

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....ate letter shall be issued by the Reserve Bank to the Indian party and AD Category - I bank confirming the allotment of UIN. 4. It may also be noted that the subsequent remittances under the automatic route and remittances under the approval route are to be reported online in Part II of form ODI, only after receipt of the e-mail communication/confirmation conveying the UIN. 5. The applicatio....