Reserve Bank of India

30.06.2016

Banking

System for reporting banks’ associations discontinued

MANU/DDBS/0003/2016

The Reserve Bank of India discontinued the Quarterly Reporting System - foreign branches/subsidiaries/joint ventures/associates of Indian Banks , with effect from 30 June 2016.

Under QRS, the above mentioned entities of Indian banks were required to submit quarterly returns for reporting of profit and asset size of overseas operations of the bank.

Tags : quarterly reporting system foreign branches associations indian banks

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