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RBI Introduces Bulk Upload for FCGPR, FCTRS & DI Forms on FIRMS Portal
Category: FEMA, Posted on: 02/07/2025 , Posted By: CS VIKRAM GROVER
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Big Relief for Professionals: RBI Introduces Bulk Upload for FCGPR, FCTRS & DI Forms on FIRMS Portal


 

As professionals who regularly deal with RBI’s compliance ecosystem, we’ve all experienced the tedious nature of filling forms on the FIRMS portal — especially when it comes to repetitive filings under Form FC-GPR, Form FC-TRS, and Form DI. Each entry had to be manually uploaded one by one, and for entities dealing with multiple foreign investors or downstream investments, the workload was often overwhelming.

But here's some good news to share — RBI has finally introduced a bulk upload facility for these forms on the FIRMS portal, with effect from July 1, 2025.

 

🔍What Has Changed?


According to the recently released Business User Manual (Version 8.0, dated 01.07.2025), Business Users (BU) can now:

Download a CSV template directly from their FIRMS login
Fill in the required data offline (like investor details, remittance information, instrument types, etc.)
Upload all entries at once, instead of inputting them manually, one by one

This functionality is now available for:

  • Form FC-GPR (for reporting foreign investment and allotment of shares)
  • Form FC-TRS (for transfer of shares between residents and non-residents)
  • Form DI (for reporting downstream investments)

 

💡Why This Matters


This small but powerful update is expected to save countless hours for compliance professionals, legal consultants, and companies involved in cross-border investment reporting.

Whether you’re dealing with multiple investors in a single allotment or reporting several transactions across different companies, the bulk upload option removes manual entry errors, reduces processing time, and brings more structure to the compliance process.

 

📁How to Use It


If you're a registered Business User on the FIRMS portal:

  1. Log in at https://firms.rbi.org.in
  2. Choose the relevant form (FC-GPR, FC-TRS, or DI)
  3. Click on “Download Template” under the bulk upload section
  4. Fill the CSV as per format (instructions provided in the template)
  5. Upload the file and review before submission

RBI has also provided updated guidance within the user manual — we highly recommend reviewing it before your first bulk upload.

 

📌Final Thoughts


This move by the Reserve Bank of India is a welcome and much-needed reform, especially as the volume of FDI and cross-border transactions continues to rise. It’s also another step toward aligning our compliance systems with global digital best practices.

At Vikram Grover & Company, we’ve already started implementing the new process for our clients and have seen noticeable improvements in turnaround times and accuracy.

Should you need help understanding the new templates or assistance with filings, feel free to reach out.

 

📞 Vikram Grover & Company
Company Secretaries & Corporate Consultants (Peer Reviewed Unit)
🌐 www.vgccs.in | 📧 info@vgccs.in | 📱 +91-9650056816

 


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