The Game-Changing Impact of Core Banking System (CBS) on India’s Banking Landscape
the Core Banking System (CBS) was introduced in India, transforming the way banks operate and serve their customers.
AIBEA Urges Banks to Notify Legal Heirs and Nominees About PM Insurance Schemes | Pradhan Mantri Jeevan Jyoti Bima Yojana
The All India Bank Employees’ Association (AIBEA) has expressed concern over the issue of unclaimed insurance benefits under the Indian Government’s Pradhan Mantri Jeevan Jyoti …
“Insurance Wisdom 101 : Significance, Thoughtful Decision-Making, and Consistent Coverage Reviews”
But what exactly is insurance, and why is it so crucial in our lives? Let’s dive into the world of insurance and discover its importance in financial planning.
Equity-Linked Savings Scheme (ELSS) in India
Equity-Linked Savings Scheme (ELSS) is a popular tax-saving investment option in India that allows individuals to invest in equity markets while enjoying tax benefits.
Unraveling the Mysteries of Financial Statements
Financial statements are the lifeblood of a company’s financial reporting, providing a comprehensive and transparent overview of its financial position, performance, and cash flows.
Real Time Gross Settlement (RTGS): The Future of High-Value Financial Transactions
We will explore the history of RTGS, its key features, and how it has transformed the way financial transactions are conducted.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) : What , Why & How
Picture this: you’re scanning through the financial news, and you come across a term that keeps popping up – EBITDA. It seems to be the talk of the town among investors and financial analysts alike.
Non-Performing Asset (NPA): What , Why & Impact
Did you know that in 2020, Indian banks had a staggering ₹9.5 lakh crore tied up in non-performing assets (NPAs)?
Indian Financial System Code (IFSC): The Key to Seamless Banking Transactions
The Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that facilitates electronic fund transfers in India.
IFRS v/s Ind AS – Which 1 is Better ?
In this article, we will analyze and compare the differences between IFRS v/s Ind AS, discussing the general differences, specific differences in accounting treatments and disclosure requirements, and the implications of these differences on financial reporting in India.