Non-Resident
Deposits - Comprehensive Single Return
A.P. (DIR Series) (2002-2003) Circular No. 99, dated 30-4-2003
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 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).
Annexure I
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 Periodicity: Monthly |
|||
|
No. |
Column
Description Type |
Column |
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. YYYY represents Year and MM represents Month |
|
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 |
SWIFT
Country code |
|
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, 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
Non-Resident Deposit
Scheme Code
|
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
Maturity Code
|
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.
Currency Code
|
Sr.
No. |
Currency
Name |
Currency
Code |
|
1. |
Deutsche
Mark |
DEM |
|
2. |
EURO |
EUR |
|
3. |
Pound
Sterling |
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.
Record Type Code
|
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 and maintained internally. |
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