Friday, July 13, 2012

Banks need not to submit NRI deposits data in physical form

"........ it has now been decided that the banks, dealing in foreign exchange (excluding regional rural banks and cooperative banks) can stop sending hard copies to Department of Statistics and Information Management (DSIM) henceforth," RBI said in a circular today. "Cooperative banks and regional rural banks (RRBs) may, however, continue submission of both hard and soft copies ... to the regional offices of the Foreign Exchange Department," RBI said........

No comments: