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Accounting and Auditing in India – The past, present and future
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As It Was, Is and May Be
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VAT/GST: A frightening but fascinating future-world…!
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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A voluntary organisation established on 6th July 1949, BCAS has presently more than 9,000 members from all over the country. BCAS is a principle-centered and learning-oriented organisation promoting quality service and excellence in the profession of Chartered Accountancy.
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March 2013

IMF Sounds Warning on Bank Licences

By Tarunkumar Singhal, Raman Jokhakar, Chartered Accountants

Reading Time 1 mins

The International Monetary fund (IMF) has warned India against licensing corporate entities to step into the business of commercial banking, saying the risks associated with such a move potentially outweigh the benefits of creating more banks.

IMF’s Financial System Stability Assessment Update said it would be prudent for India to first put in place and gain sufficient experience in implementing a comprehensive framework for the purpose before considering the entry of conglomerates into banking.

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March 2013

IMF Sounds Warning on Bank Licences

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March 2013

IMF Sounds Warning on Bank Licences

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An Ill-read Nation

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