Home India Reserve Bank of India Submission of Statutory returns (SLR-Form VIII) in XBRL plat...
Date: 2017-05-11 Category: Not Applicable State: Union Government Country: India

Submission of Statutory returns (SLR-Form VIII) in XBRL platform

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** This Reserve Bank of India (RBI) directive, reference number DBR.CO.No.Ret.BC6612/07.144/2016-17, dated May 11, 2017, mandates all Regional Rural Banks (RRBs) to transition the reporting of Statutory Liquidity Ratio (SLR) Form VIII from the existing PCRPCD platform to the XBRL (Extensible Business Reporting Language) platform. This change is effective for returns pertaining to the month of April 2017 onwards. For any queries or clarifications, RRBs can contact S.K. Kar, Chief General Manager, Department of Banking Regulation, Central Office, 5th floor, Amar Building, Sir P.M. Road, Mumbai – 400001. The contact telephone number is 022-22603000, and the email ID is returns@rbi.org.in.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system. SLR: Statutory Liquidity Ratio, the minimum percentage of deposits a commercial bank has to maintain in liquid form. XBRL: Extensible Business Reporting Language, a standard for electronic communication of business and financial data. Form VIII: A statutory return related to SLR to be submitted by banks. PCRPCD: Previous platform for reporting SLR, now replaced by XBRL. RRBs: All Regional Rural Banks in India. Department of Banking Regulation: A department within the Reserve Bank of India responsible for regulating banks. Mumbai, Maharashtra: City in India. Location of the Central Office of the Department of Banking Regulation.
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भारतीय �रज़व र् बक� _____________ RESERVE BANK OF INDIA_____________ www.rbi.org.in RBI/2016-17/302 Ref:DBR.CO.No.Ret.BC/66/12.07.144/2016-17 May 11, 2017 The Chairperson All RRBs Madam/Dear Sir, Submission of Statutory returns (SLR-Form VIII) in XBRL platform It has been decided to move the reporting of SLR from PCRPCD to XBRL (Extensible Business Reporting Language) platform. You are therefore advised to submit the returns (Form VIII) in XBRL from the month of April 2017. Yours faithfully, (S K Kar) Chief General Manager Department of Banking Regulation, Central Office, 5th floor, Amar Building, Sir P.M.Road, Mumbai-400001 टेल�फोन/Tel No:022-22603000 Email ID: returnsco@rbi.org.in

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