Provisions to be made on an expected credit loss (ECL)

2 years ago
Surendra Naik

The Reserve Bank of India on Monday released the draft guidelines for banks to make provisions on an expected credit…

Supreme Court overrules capping of Credit card charges

18 hours ago

The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission (NCDRC) that capped the interest…

Preparation and Presentation of Financial Statements of Banks

23 hours ago

The Bank’s financial statements are prepared under the historical cost convention, on the accrual basis of accounting on a going…

Accounting Treatment of Specific Items under accounting policies of banks

1 day ago

The term "accounting treatment" represents the prescribed manner or method in which an accountant records and presents a specific business…

Explained: Disclosures Prescribed by RBI under Basel-III

2 days ago

The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks and…

Disclosure requirement of Banks Listed on a Stock Exchange

2 days ago

In terms of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) read with…

Understanding Comments on Profit and Loss Account Items

3 days ago

Many methods and techniques are used in the analysis of financial statements including profit and loss accounts. They include (i).Trend…

Uttar Pradesh State General Holidays 2025

4 days ago

The Government of Uttar Pradesh vide order No.  870/3-2024-39(2)/2016 dated 17.12.2025 declared following days as General Holidays for the year…

Disclosure Requirements of Banks to Notes to Accounts,

4 days ago

Financial statement disclosures are non-financial information that appears at the end of a financial statement. This information helps investors, lenders,…

‘Digital Arrest’ Scam: NPCI alerts UPI users

5 days ago

NPCI warns users about the rising 'Digital Arrest' scam targeting UPI users, in which scammers posing as officials use fear…

Explained: Requirements of Banking Companies as to Accounts and Audit

5 days ago

Correct and accurate compilation of financial information and its disclosure, in a manner that is standardized and understood by stakeholders,…