RBI makes online filing of FDI forms a must from Feb 8

The Reserve Bank of India (RBI) has mandated Authorised Dealers (AD) category – I banks to file Advanced Remittance Form (ARF), Foreign Collaboration General Permission Route (FC-GPR) and Foreign Collaboration Transfer of Shares(FC-TRS) only through the online mode on e-biz portal starting from February 8. Physical filing of these forms will be discontinued.