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RBI again defers Ind AS implementation by banks

Updated : March 22, 2019 09:51 PM IST

Earlier in April 2018, the central bank had postponed the implementation of the Indian Accounting Standards (Ind AS) by the banks by one year.
The RBI in February 2016 had proposed implementation of new accounting standards for banks for both standalone financial statements and consolidated financial statements with effect from April 1, 2018.
RBI again defers Ind AS implementation by banks

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