RBI extends timelines for submission of various supervisory returns to department of supervision

The Reserve Bank of India vide circular dated July 08, 2020, has further extended the timelines for submission of various supervisory returns received by Department of Supervision in view of pandemic outbreak.

The timelines for submission of the returns to DoS has been previously extended vide letter dated March 31, 2020. The timeline for returns to be filed by NBFCs monthly was extended for 10 days from due date and quarterly returns due date by 30 days.

The extension in submission of returns will now be effective for the submissions which will become due from July 01, 2020 to July 31, 2020.

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