Rupee Drawing
Arrangement through XBRL System (Email)
[RBI
Circular No. 71 dated 19th May 2016]
Sub: Rupee
Drawing Arrangement - Submission of statement/returns under XBRL
Attention of Authorised Dealer Category
– I (AD Cat – I) banks is invited to the A.P.
(DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated
February 6, 2008 and the A. P. (DIR Series) Circular No. 7 dated July 18, 2014
in terms of which AD Cat- I banks were required to submit statement E on total
remittances received every quarter.
2. Authorised
Dealer Category – I (AD Cat – I) banks are now advised to report the above
mentioned statement in eXtensible Business Reporting
Language (XBRL) system from the quarter ending June 2016.
3. The
reporting platform may be accessed at https://secweb.rbi.org.in/orfsxbrl/. For User name and password, Authorised
Dealer Category – I (AD Cat – I) banks are advised to submit the duly filled
form (Annex I) through email on
or before May 30, 2016.
4. FED Master Direction No. 18/2015-16 dated
January 1, 2016 is being updated to reflect the changes.
5. The
directions contained in this circular have been issued under sections 10(4) and
11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are
without prejudice to permissions / approvals, if any, required under any other
law.