India Strengthens Banking Regulation - Several Measures taken by RBI

India Strengthens Banking Regulation

Several measures underway to strengthen soundness of banking system; RBI Annual Report 2018-19 Guidelines on minimum balance requirements for savings bank accounts and penalty for non-maintenance will be reviewed The Reserve Bank of India (RBI) in its annual report 2018-19 […]

India Strengthens Banking Regulation - Several Measures taken by RBI

RBI gets award for innovation in XBRL reporting

MUMBAI: The Reserve Bank today said it has got recognition for its efforts to improve regulatory reporting and has been given the XBRL International Award for Excellence. “The XBRL International, the global custodian of the eXtensible Business Reporting Language (XBRL) […]

XBRL Taxonomies

XBRL: The new business language

Industry needs to master the new tool for reporting financial statements and understand its implications On March 31, 2011, the Ministry of Corporate Affairs (MCA) issued a circular mandating all listed companies and certain unlisted companies to file their balance […]