Non-Resident Deposits - Comprehensive Single Return A.P.(DIR Series) Circular No.99 (April 30, 2003) - আরবিআই - Reserve Bank of India
Non-Resident Deposits - Comprehensive Single Return
A.P.(DIR Series) Circular No.99 (April 30, 2003)
Reserve Bank of India
Exchange Control Department
Central Office
Mumbai 400 001
A.P.(DIR Series) Circular No.99
NRD-CSR Package Version 1.6
Installation Guide for Version 1.6
April 30, 2003
To
All Authorised Dealers in Foreign Exchange
Madam/Sirs,
Non-Resident Deposits - Comprehensive Single Return
Authorised Dealers are aware that the National Statistical Commission has recommended introduction of a computerised Comprehensive Single Return (CSR) for collection of data on Non-Resident deposits. With a view to implement the recommendation, Reserve Bank has developed a software package captioned "NRD-CSR", for reporting the data on non-resident deposits through floppy disks on monthly basis as indicated therein.
2. The banks receiving and maintaining Non-Resident Deposits are accordingly required to submit the data in CSR format on monthly basis with effect from April 2003 onwards through electronic media i.e. floppy/ email. To facilitate the banks in this endeavour, the NRD-CSR package Version 1.6 is being supplied to all the banks for the use of their head offices as well as their branches. The application has two parts, one for branches and the other for head offices. Head offices of banks will report consolidated data from all concerned branches in the prescribed format to Reserve Bank. This will replace the existing returns in forms STAT-5, 8 & 9 in due course. However, banks may continue to submit STAT-5, STAT-8 & STAT-9 returns as hitherto till further instructions.
3. The reporting format and codes to be used are given in Annexure I. The data in the prescribed format through electronic media pertaining to each month should reach Reserve Bank of India, Department of Statistical Analysis and Computer Services, C/8, Bandra Kurla Complex, Mumbai 400 051 on or before 10th of the month following the month for which it pertains. Thus the data in the revised format for the month of April 2003 should reach Reserve Bank on or before May 10, 2003.
4. The package is also available on the RBI website (www.rbi.org.in).
5. Authorised Dealers may bring the contents of this circular to the notice of their branches concerned.
6. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999).
Yours faithfully,
Grace Koshie)
Chief General Manager
Annexure I
[A.P.(DIR Series) Circular No.99 dated April 30, 2003]
Non-Resident Deposits - Comprehensive Single Return:
Format for electronic Reporting
Data should be reported in a standard text (ASCII) file with the following format:
Format for reporting data by bank head offices to RBI in floppy |
|||
No |
Column Description |
Column Type |
Remarks |
1. |
Bank Code |
7 N |
Bank Working and rest are zero. |
2. |
Reference period |
6 N |
Period of Reporting (YYYYMM) |
3. |
Period of data (YYYYMM) |
6 N |
Actual period of the data record. |
4. |
N.R. D. Scheme code |
4 A |
As per code Box 1 |
5. |
Category of Account holder |
1 A |
I for Individual O for OCBs |
6. |
Original Maturity |
1 N |
As per code box 2 |
7. |
Remaining Maturity |
1 N |
As per code box 2 |
8. |
Country (SWIFT code) |
2 A |
|
9. |
A/c Currency (SWIFT code) |
3 A |
As per code box 3 |
10. |
Record - type Code |
2 A |
As per Code Box 4 |
11. |
Record - Amount |
15 N |
Amount equivalent in A/c currency in integer (without decimal point). |
Note: Period of data can be the reporting period or prior period, to include back data, which are not yet reported to RBI. Important: Please do report data once only. Reporting same data repeatedly will lead to inconsistency. Once data is created using the NRD-CSR package Version 1.6, it also includes one more file giving Bank name, address & contact details.
In case file is prepared by bank from banks own system please report details about bank name, code, postal address, city, pin, name of officer concerned, phone & fax numbers with email id in the forwarding letter.
Details of codes used in the NRD-CSR electronic reporting format are as follows:
Code Box 1 |
||
Sr. No. |
Account under the Scheme |
Scheme Code |
1. |
FCNR (B) |
FCNR |
2. |
Non-Resident External Rupee Account |
NRE |
3. |
Non-Resident (Non-Repatriable) Rupee Account |
NRNR |
4. |
Non-Resident Special Rupee Account |
NRSR |
5. |
Non-Resident Ordinary Rupee Account |
NRO |
Code Box: 2 |
||
Sr. No. |
Maturity Classification |
Maturity Code |
1. |
Up to and inclusive of six months |
1 |
2. |
Over six months but less than one year |
2 |
3. |
Exactly one year |
3 |
4. |
Over one year but less than two years |
4 |
5. |
Exactly two years |
5 |
6. |
Over two years but less than three years |
6 |
7. |
Exactly three years |
7 |
8. |
Over three years |
8 |
9. |
Unallocated (Savings A/c) |
9 |
In case of savings account residual maturity cannot be determined. In such cases, the residual maturity should be treated as unallocated. |
Code Box: 3 |
||
Sr. No. |
Currency Name |
Currency Code |
1. |
Deutsche Mark |
DEM |
2. |
EURO |
EUR |
3. |
Pound Starling |
GPB |
4. |
United States Dollar |
USD |
5. |
Japanese Yen |
JPY |
Probable currencies acceptable under Non-Resident Deposits during the last few years as per SWIFT Code. |
Code Box 4 |
|||
No. |
Record Type |
Description of data item on the record |
Code |
1. |
Inflow |
Fresh inflow from abroad |
FI |
2. |
Amount of interest reinvested |
IR |
|
3. |
Amount of renewed / transfer from other A/c |
PR |
|
4. |
Local inflow (for NRO Savings A/c) |
LI |
|
5. |
Outflow |
Amount of principal remitted abroad |
PA |
6. |
Amount of interest remitted abroad |
IA |
|
7. |
Amount of principal remitted locally |
PL |
|
8. |
Amount of interest remitted locally |
IL |
|
9. |
Local withdrawals |
LW |
|
10. |
Transfers to other A/c |
TR |
|
11. |
Balances |
Opening Balance, including unclaimed |
OB |
12. |
Closing Balance, including unclaimed |
CB |
|
13. |
Unclaimed Balance |
UC |
|
14 |
Interest Accrued as on end of Ref. Month |
AI |
|
15. |
Interest Suspense Balance (Interest Arrears) |
SB |
|
16. |
Average Interest rate for a group |
AR |
|
Note: These codes are used by the NRD-CSR package Version 1.6 and maintained internally.. |