Overview

• BACKGROUND & OVERVIEW

The Reserve bank of India (RBI) issued circular no. CHN.DOS.CATBCOMP.No.S1032/13-23-000/2023-2024 dated January 01, 2024, mentioning subject as “Centralised Information Management System (CIMS)- Return Submission- Parallel run”.

The main motive behind the issuance of this circular is that RBI is implementing a new reporting platform namely Centralised Information Management System (CIMS) for more efficient data collection and its usage. RBI has already commenced onboarding the Non-Banking Financial Companies (NBFCs) onto the new CIMS platform. The existing XBRL system shall be discontinued thereafter.

Now, RBI has decided that all the returns applicable to an NFBC which are due for submission after 31st December 2024, onwards shall be submitted in both the systems viz. XBRL system and CIMS portal and any decision taken by the RBI regarding the closure of the parallel run shall be informed to the NBFCs subsequently and CIMS portal shall be made the single primary system for return submission.

Therefore, it has become mandatory for all the NBFCs whether existing or new is required to register on the CIMS portal for the compliance of the above circular.

Process

PROCEDURE TO REGISTER

The procedure to register on CIMS portal is as follows:

1. Send details of two users in the given format to Mr. Vinay Reddy, Manager (vinayvreddyr@rbi.org.in) and mark Mr. Rohit Narvane, AGM (rohitsnarvane@rbi.org.in) and DSG, DoS, CO, Returns Section (dsgdosco.rs@rbi.org.in) and Regional Office department (ssmnbfc2che@rbi.org.in).

 

NBFC Details			Administrator/ Nodal Officer 1				Administrator/ Nodal Officer 2
Sr. No	NBFC Name	NBFC Code	First Name	Last Name	Email ID	Mobile No.	First Name	Last Name	Email ID	Mobile No.
1.

Note:

1. Only mobile numbers are to be provided as OTP will be sent on the mobile number provided. Do not enter landline numbers.
2. Only if accurate details are provided, registration of NBFCs will be carried out on the portal.
3. If NBFC is not registered on the CIMS portal, contact the respective Regional Office department for registration.

Final

1. Access CIMS Portal https://cims.rbi.org.in#login

1. Login into the CIMS Portal using credentials received on registered email IDs. Follow the procedure provided on the registered email ID for Password and Security answer set-up.

FAQ

FREQUENTLY ASKED QUESTIONS (FAQS)

1. What is the website for the CIMS portal?

The user can access the website from this link https://cims.rbi.org.in#login

1. What is the full form of CIMS?

CIMS stands for Centralised Information Management System

1. What is a CIMS?

This system makes use of innovative technology to manage big data and will act as a platform for power users to conduct data mining, text mining, visual analytics, and advanced statistical analysis connecting data from various domains, including the financial, external, fiscal, and corporate sectors, as well as prices.