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TMI BlogUpgradation of Non-Resident Deposits–Comprehensive Single ReturnX X X X Extracts X X X X X X X X Extracts X X X X ..... e 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 tools to the user banks. Accordingly, NRD-CSR (version 3.0) has b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 reported in a standard text (ASCII) file with the following format Format for reporting data ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt 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 reporting format Code Box: 1 Non-Resident Deposit Scheme Code Sr. No. Account under the Scheme Scheme Code Foreign Currency Non-Resident (FCNR) A/c FCNR Non-Resident External (NRE) Rupee Account NRE Non-Resident (Non-Repatriable) (NRNR) Rupee A/c NRNR Non-Resident Special Rupee (NRSR) Account NRSR Non-Resident Ordinary (NRO) Rupee Account NRO ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ount of principal remitted locally PL Amount of interest remitted locally IL Local withdrawals (gifts, tax, donations etc.) LW Transfers to other A/c including renewals TR Balances Opening Balance, including unclaimed OB Closing Balance, including unclaimed CB Unclaimed Balance UC Interest Accrued as on end of Ref. Month AI Interest Suspense Balance (Interest Arrears) SB Average Interest rate (in terms of Basis Points) AR Note : The above codes are to be used for the reporting of data under NRD-CSR System to RBI. The currency-wise cut-off limits of the high value transaction amounts are as below: Currency Code Currency Amount AUD Australian Dollar 30,000 CAD Canadian Dollar 27,500 EUR Euro 20,000 GBP Gr ..... X X X X Extracts X X X X X X X X Extracts X X X X
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