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.
04 May, 2019, 09.23 AM IST
Co-op banks to create investment fluctuation reserve to deal with market risksThe RBI has been watching the performance of co-operative banks closely.
22 Jul, 2018, 03.50 PM IST
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...
11 Jul, 2018, 01.20 PM IST
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.
30 Aug, 2016, 04.24 PM IST
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...
18 Jan, 2016, 10.03 PM IST
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.
06 Jul, 2012, 08.44 PM IST
- RBI asks urban cooperative banks to get ready for IFRS
The Reserve Bank today asked urban cooperative banks (UCBs) to take necessary steps to ensure smooth transition to new international accoun...
06 Mar, 2012, 05.22 PM IST
- Budget 2011: Government to clear air over IFRS norms
A higher profit due to the accounting change will result in higher tax liability for companies and the converse also holds true.
21 Feb, 2011, 02.23 PM IST
- IFRS norms format for cos to be notified soon
The government on Thursday said it will soon notify the format that companies will have to follow while preparing their account books as pe...
17 Feb, 2011, 08.50 PM IST
- FICCI demands delay in implementation of IFRS
According 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 ...
27 Dec, 2010, 09.15 PM IST
- Govt to notify converged accounting norms for IFRS by December
Corporate Affairs Secretary said the accounting standards are almost ready and all issues, including the tax implications for the convergen...
23 Nov, 2010, 02.34 PM IST
- Convergence with IFRS by 2011: Government
The government today said that Indian accounting standards will converge with International Financial Reporting Standards (IFRS) by 2011, e...
08 Jul, 2010, 02.23 PM IST
- Banks get 2 more yrs to meet IFRS norms
The government has given two more years to banks and non-banking finance companies to align their accounting practices with the internation...
01 Apr, 2010, 03.14 AM IST
- IFRS rules offer big biz opportunity
As corporate India prepares itself for transition to International Financial Reporting Standards (IFRS), consultancy firms, educational ins...
16 Aug, 2009, 04.31 AM IST
- Regulators should conform to new global accounting standards
International Financial Reporting Standards is gathering storm and most countries barring the US and a few others have either adopted IFRS ...
23 Jun, 2008, 04.22 AM IST
- The business case of IFRS in Indian context
Regulators should conform to new global accounting standards.
19 Jun, 2008, 05.45 AM IST
- SBI wants to move to global IFRS a/c standards, invites bids
Country’s largest bank State Bank of India (SBI) is planning to move towards International Financial Reporting System (IFRS), in a bid to i...
19 Apr, 2008, 06.21 AM IST