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COOPERATIVE BANKS IFR
RBI discontinues investment fluctuation reserve requirement for banksThe Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2...- Steering climate risk: How banks can be future-readyCompanies worldwide are assessing climate change risks, including the banking and financial services sector. Climate variability impacts se...
- RBI errs on the side of stability as volatile west keeps rest on edgeAlso, to create a buffer to shield banks from adverse yield movements, RBI had advised banks to create an investment fluctuation reserve (I...
- Irdai chief stresses on need to improve corporate governanceIrdai chairman asked insurers to classify exposure to IL&FS as non-performing loans and make provisions.
- Co-op banks to create investment fluctuation reserve to deal with market risksThe RBI has been watching the performance of co-operative banks closely.
- IFR 2016: Land borders could divide us, but maritime borders unite us, says Flag Officer of International Fleet Review"In today's day and age, everything is governed through the oceans and to have them under good check, we need to partner with all other mar...
- RBI cautions state run lenders on over exposure to retail sectorThe government has notified the amendment to the DRT and SARFAESI Act which will speed up the debt recovery process, Vishwanathan said.
- Government to implement of globally accepted accounting standards for banks, insurance companiesThe government has issued the roadmap for implementation of globally accepted accounting standards (Ind AS) for commercial banks, insurance...
- Barclays strategy backfires in Libor scandalBob Diamond and the rest of the Barclays board sowed the seeds of their own downfall when they chose to come clean about Libor fixing.
- RBI asks urban cooperative banks to get ready for IFRSThe Reserve Bank today asked urban cooperative banks (UCBs) to take necessary steps to ensure smooth transition to new international accoun...
- Budget 2011: Government to clear air over IFRS normsA higher profit due to the accounting change will result in higher tax liability for companies and the converse also holds true.
- IFRS norms format for cos to be notified soonThe government on Thursday said it will soon notify the format that companies will have to follow while preparing their account books as pe...
- FICCI demands delay in implementation of IFRSAccording to the roadmap laid out by the MCA, companies with a networth of over Rs 1,000 crore will have to prepare their account books as ...
- Govt to notify converged accounting norms for IFRS by DecemberCorporate Affairs Secretary said the accounting standards are almost ready and all issues, including the tax implications for the convergen...
- Convergence with IFRS by 2011: GovernmentThe government today said that Indian accounting standards will converge with International Financial Reporting Standards (IFRS) by 2011, e...
- Banks get 2 more yrs to meet IFRS normsThe government has given two more years to banks and non-banking finance companies to align their accounting practices with the internation...
- IFRS rules offer big biz opportunityAs corporate India prepares itself for transition to International Financial Reporting Standards (IFRS), consultancy firms, educational ins...
- Regulators should conform to new global accounting standardsInternational Financial Reporting Standards is gathering storm and most countries barring the US and a few others have either adopted IFRS ...
- The business case of IFRS in Indian contextRegulators should conform to new global accounting standards.
- SBI wants to move to global IFRS a/c standards, invites bidsCountry’s largest bank State Bank of India (SBI) is planning to move towards International Financial Reporting System (IFRS), in a bid to i...
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