Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
[This article elucidates on various types of problems to be encountered by the Society’s members in redevelopment of their building, procedures to be adapted for selecting a reliable builder/developer for…
Accounting Standard (Ind AS 37) defines and specifies the accounting for and disclosure of provisions, contingent liabilities, and contingent assets. A contingent liability is a liability that may occur depending…
A global deal has been agreed by 136 countries, to set a minimum tax rate of 15 percent as governments look to end a race to the bottom on corporate…
In the Statement on Developmental and Regulatory Policies on October 8, 2021, the Reserve Bank of India announced that the transaction limit of Immediate Payment Service (IMPS) to be increased…
The monetary policy committee of the Reserve Bank of India today unanimously decided to keep the repo rate unchanged for the eighth consecutive time. The committee also lowered the FY22…
If you look at the bye-laws of a cooperative housing society, you may find that the main objective of a CHS is to obtain the conveyance from the landowner/developer in…
RBI on Monday said that the expenditure towards enhancement in family pension of employees of banks if not fully charged to the Profit and Loss Account during the financial year…
RBI on Monday clarified on criteria for the Inclusion of Perpetual Debt Instruments (PDI) in Additional Tier 1 Capital under Basel –III capital regulations. The issue was examined by the…
The interest rates of a basket of 12 Small Savings Scheme instruments remain unchanged for the sixth straight quarter. The Finance Ministry on Thursday announced that interest rates on small…
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