Classic Loader is a software which helps Indian Banks in automating statutory return submission to RBI through OSMOS, ORFS and XBRL.
OSMOS:OSMOS is a Visual Basic Application provided by RBI to Indian Banks to submit some statutory returns. Since there is no upload facility into this software, Banks prepare the source files, normally in excel and then do a data entry to the screens of OSMOS. The returns span so many screens with lot of fields for data entry and it is a tedious process. ClassicLoader avoids the data entry by reading the source excel files and transfers the data to the respective fields of OSMOS. It helps in avoiding the data entry errors and saves a lot of valuable time of the staff.
ORFS:
RBI has introduced Online Reports Filing System (ORFS) during 2004. Submission of returns to RBI is through a secured website namely: https://secweb.rbi.org.in/ORFSMainWeb/. Banks need to key in data to various reports on this site. If the source data is in XML foramt, there is a provision on the site to upload the XML file so that there is no need of a data entry. ClassicLoader reads data from the source excel file and creates XML file which can be directly uploaded to ORFS site, thereby avoiding the data entry.
XBRL:
XBRL is a macro enabled excel template given by RBI and Banks again need to do data entry to this XBRL template file. ClassicLoader helps to transfer data to the XBRL template so that tedious data entry to XBRL file is not required.
Clients:
BNP Paribas, Mumbai
Societe Generale, Mumbai
Credit Suisse AG
ICICI Bank Ltd
Barclays Bank
Credit Suisse AG
ICICI Bank Ltd
Barclays Bank
Demo of Classic Loader:
If any Bank would like to have a demo of ClassicLoader, please get in touch with Mr. Venugopal, Mobile : 98212 92852 or mail to info@classicsoft.in or venu@classicsoftindia.com
View online Demo:
View online Demo:
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