RBI would provide a web portal interface to the reporting entities (RBI Portal). Entities will have to submit a User registration form. After successful registration Login Name and Password shall be generated using that FLA return can be filed.
The revised form will seek information on the first year of receipt & disinvestment also.
Reporting entities will get system-generated acknowledgment receipt upon successful submission of the form.
The data can be revised, if required, and view/download the information submitted.
Entities can submit FLA information for earlier year/s after receiving RBI confirmation on their request email.
The existing mechanism of email-based submission of FLA forms will be discontinued.