RBI report on development of secondary market
The Reserve Bank is expected to come out with a report next month on facilitating development of secondary market for corporate loans. The central …
Accounting
RBI launches medium-term strategy framework Utkarsh 2022
RBI Governor Shaktikanta Das on Tuesday launched Utkarsh 2022, the central banks’ medium-term strategy framework, in line with evolving macro-economic environment, said an official release. The framework has …
A roadmap for the accounting office of the future
Despite unprecedented advances in workplace technology, many accounting and finance professionals continue to struggle with highly manual and inefficient month-end close processes. Recent advances …
Supreme Court Finds JPMorgan Helped Realtor Divert Funds
A JPMorgan Chase & Co. unit violated India’s foreign investment rules and helped property developer Amrapali Group divert funds from realty projects, the nation’s Supreme Court said in …
Cloud Computing Improves Accounting Practices
Cloud Computing technology is the latest trend in accounting, and accountants nowadays take it as a big opportunity to step up. Like any other …
RBI closely monitoring 50 shadow banks for signs of contagion
Shaktikanta Das informed that there have been some instances of governance lapses and RBI is dealing with it RBI had warned that any failure …
After massive layoffs, Deutsche Bank ready to cut spending on technology
Deutsche Bank would probably love to be spending more on technology, but they need money for other parts, said Pierre Drach Earlier, Deutsche Bank …
ICICI Bank launches digital banking platform ‘InstaBIZ’ for MSMEs
MUMBAI: ICICI Bank announces the launch of a new digital platform curated specially for MSMEs and self-employed customers to enable them to undertake their business banking transactions digitally …
Banks, Insurers Could Get Reprieve on Major Accounting Changes
The Financial Accounting Standards Board plans to vote on July 17 to delay by at least a year the deadline for small public banks, …
The Accounting Effects of Global Disruption
The global economy is more connected than ever, with virtually every business from mom-and-pop specialty retailers to multinational conglomerates now routinely operating on a …
