Delhi HC Rejects Plea Against BCCI Team Named 'Team India', Terms it a Sheer Waste of Time || Bombay HC: No Absolute Right for Citizens to Access Public Offices || Delhi HC: Suit Withdrawal After Compromise Doesn’t Result in Executable Decree || Delhi HC: ITSC Abolition Doesn’t Void Settlement Pleas Filed Between Feb 1–Mar 31, 2021 || Rajasthan HC: State Must Set Up Trauma Centre, Art Institute; Temple Board Can Only Assist || Kerala HC: LIC Cancer Cover Starts From First Diagnosis After Waiting Period, Not Expert Opinion || Kerala HC: Spouse’s Ill Treatment of Children is Cruelty under Section 10(1) Divorce Act || Supreme Court Acquits Chennai Man Sentenced to Death in Child Rape-Murder Case || SC: Only Disclosure Leading to Weapon Recovery Admissible under Section 27 Evidence Act || Supreme Court Orders Strict Enforcement on Helmets, Lane Discipline & Headlight Use

AIFIs to submit balance sheets, consolidated prudential reports- (Reserve Bank of India) (23 Jun 2016)

MANU/RMIC/0102/2016

Banking

RBI introduced the Reserve Bank of India (Financial Statements of All India Financial Institutions - Presentation, Disclosure and Reporting) Directions, 2016, effective from quarter ending December 2016.

The Master Direction mandates AIFIs prepare a balance-sheet and profit and loss account as on the last working day of the year for all business transacted. Institutions will also have to submit half-yearly Consolidated Prudential Reports encompassing all entities under their control.

Tags : ALL INDIA FINANCIAL INSTITUTIONS DISCLOSURE BALANCE SHEET YEARLY

Share :