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(In the letter head of borrower entity)

INDICATIVE FORMAT OF DECLARATION FOREIGN EXCHANGE EXPOSURES (to be read along
with Notes given on last page of format)

To,
Mr. _________________________
Kotak Mahindra Bank Ltd
__________________________
____________________________
(May be addressed specifically to KMBL or as To whomsoever it may concern meant for use
of several banks).

Subject: SUBMISSION OF PARTICULARS OF FOREIGN EXCHANGE EXPOSURES AND
UN-HEDGED EXPOSURES AMOUNT

This is with regard to RBI circular no. DBOD.No.BP.BC. 85 /21.06.200/2013-14 dt.15
th

January, 2014 and clarifications issued by RBI vide circular no.DBOD.No.BP.BC.116 /
21.06.200 / 2013-14 dt.3
rd
June, 2014.

In accordance with the above mentioned stipulations and clarifications of RBI, the required
data is furnished below.

Position date: ____________

Statement showing particulars foreign exchange exposures and un-hedged portion:
(Monthly or quarterly as applicable)
(INR value in crores)
Particulars
Total amt.
(INR)
Hedged
amt. (INR)
Un-hedged exposure - FC and INR
values

Currency FC in Mn
INR value
(Book value)
Trade and other payables outstanding (a)
Foreign currency loan borrowings
outstanding (b)
Receivables/recoverables outstanding (c )
Net amount - existing - (short) / long
(c- a-b)

Maturity tenor-wise break-up of un-hedged existing foreign exchange exposures:
(Quarterly)
(INR value in crores)
Particulars Maturity buckets for residual tenor

Up to
1 yr
Up to 2
yrs
Up to
3 yrs
Up to
4 yrs
Up to
5 yrs
Over
5 yrs Total
Trade and other payables outstanding (a)
Foreign currency loan borrowings
outstanding (b)
Receivables/recoverables outstanding (c )
Net amount - existing - (short) / long
(c- a-b)



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Natural hedge available from future transactions:

Maturity tenor-wise break-up of highly probable un-hedged foreign exchange cash flows
from highly probable future transactions: (optional) (see note h given on last page)
(Quarterly)
(INR value in crores)
Particulars Maturity buckets for residual tenor

Up to
1 yr
Up to 2
yrs
Up to
3 yrs
Up to
4 yrs
Up to
5 yrs
Over
5 yrs Total
Outflows: (a)
Import payments
Others (to specify)
Inflows: (b)
Export earnings
Others (to specify)
Net amount - existing - (short) / long
(inflows Minus outflows)


EBID (after tax) data: The EBID figures as defined by RBI, i.e. Profit after Tax +
Depreciation + Interest on debt + Lease Rentals (if any), are given below:

Particulars Amount
(Rs.in crores)
EBID (after tax) for 12 months ending with reported QE ___________
audited or limited audit results (specify if available)

EBID (after tax) as per audited / limited review audit conducted (specify
as applicable) financial statements for latest audited accounting YE
____________




For ___________________________




(Authorized Signatory)

Name of signatory: _____________________

Designation of signatory:_________________











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Notes for filling the specified formats of information:
a) Foreign currency value for un-hedged exposures may be given currency wise, or only
in USD equivalent value as permitted by RBI.

b) Advances taken from overseas customers may be included under Trade and other
payables outstanding head.

c) Advances given to overseas suppliers may be included under Receivables /
Recoverables outstanding head.

d) More descriptive heads of payables/receivables may be added by inserting more rows
in above given tabular formats.


e) Total un-hedged exposure value given in tenor-wise table should tally with the
summary table given above.

f) Packing Credit in Foreign Currency (PCFC) loans outstanding against specific export
orders to be recovered in foreign currency, is treated as naturally hedged, since the
PCFC would be cleared out of export proceeds of the order. Hence PCFC liability may
be excluded from the un-hedged foreign exchange exposures value by indicating such
fact.

g) Foreign currency deposits (like EEFC) placed with banks may be shown under
Receivables / Recoverables head.

h) Maturity tenor-wise break-up of un-hedged foreign exchange flows may be given in
respect of highly probable future transactions, i.e. in respect of transactions for
which there is no outstanding foreign exchange exposure as on reported date. This is
optional (not mandatory) on the part of borrower entity. This is for the purpose of
considering natural hedge available from such cash flows from future transactions.
Ex: Export sales revenue and Imports based on past track record; bulk export order
received & pending execution which may provide more export revenue than what
past record suggests; new forex loan availed after reporting date) repayments of
which may be natural hedge against export earnings of predominantly export oriented
entity. Such net inflows / outflows can act as natural hedge against existing
outstanding foreign exchange exposures.

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