IND RBI International Trade in Banking


On Jun. 21, IND RBI launched 2023-24 survey on banking services.


  • IND RBI launched 2023-24 survey on international trade in banking services (ITBS).
  • This survey must be answered by branches/subsidiaries/joint venture of Indian banks operating abroad and branches/subsidiaries of foreign banks operating in India.
  • Description of Survey
  • Survey provides data on financial services rendered by branches/subsidiaries/joint ventures of Indian banks operating abroad and branches/subsidiaries of foreign banks operating in India, based on explicit / implicit fees / commission charged to customers.
  • The survey is available in English and in Hindi; survey schedule is divided into sections.
  • Includes section regarding identification of particulars; balance sheet information; profit and loss a/c information; as well as information on trade in banking services.
  • In addition, a section for provision of feedback to IND RBI to enhance the transparency on the methodology used for estimation on the data items provided in earlier sections.
  • Effectiveness
  • The duly filled-in schedule can be emailed by Jul. 31, 2024.

Regulators IND RBI
Entity Types Auditor; Bank
Reference PR 2024-2025/537, Surv, Trsl 6/21/2024
Functions Accounting; Compliance; Financial; Operations; Reporting; Treasury
Countries India; Cross-Border
Category
State
Products Banking; Equity
Regions AP
Rule Type Final
Rule Date 6/21/2024
Effective Date 7/31/2024
Rule Id 216765
Linked to N/A
Reg. Last Update 6/21/2024
Report Section International

Last substantive update on 06/26/2024