Presently, Banks handle capital account transactions that require timely reporting, customer documents and regular follow-ups. Tracking these activities manually can be time-consuming and may lead to missed deadlines.

NOTIVA CAR is designed to help banks keep these obligations organised, visible and on schedule.

What does NOTIVA CAR do?

• Keeps capital account transactions and related compliance activities in one place.
• Tracks due dates for applicable RBI/FEMA reporting and pending documents.
• Sends reminders to responsible teams and supports customer follow-ups.
• Highlights overdue items for attention and escalation.
• Provides simple dashboards, reports and an audit trail of actions taken.
• How does this help with regulatory compliance?

Banks manage several capital account transactions where customers must submit documents, returns and periodic information within prescribed timelines. When these obligations are tracked through spreadsheets, emails and manual follow-ups, pending cases can be missed and teams may struggle to get a consolidated view.

NOTIVA CAR is designed to help banks keep these obligations visible, follow up in time and maintain a clear record of action taken. Thus, CAR helps teams identify what is pending, who must act and when action is due. It supports compliance processes; the bank remains responsible for determining the applicable rules, reviewing submissions and completing regulatory reporting.

• Lower compliance risk: Early reminders help reduce the chances of missed follow-ups and reporting deadlines.
• Less manual work: Teams spend less time maintaining spreadsheets and chasing status updates.
• Better customer service: Timely and structured requests help customers submit required information.
• Clear management visibility: A consolidated view of open, due and overdue items helps managers act sooner.
• Stronger audit readiness: Recorded reminders, actions and status updates support internal reviews and audits.