The four major regulators in India involved in the adoption of XBRL are the Reserve Bank of India, the Ministry of Corporate Affairs (MCA), the Securities and Exchange Board of India (SEBI) and the Insurance Regulatory and Development Authority (IRDA). XBRL is also used by the BSE (formerly the Bombay Stock Exchange) and even by the state […]
India has both made Corporate Social Responsibility activities and processes mandatory and required reporting in XBRL.
The Indian state of Maharashtra has begun using XBRL to generate its annual publication of crime statistics.
The Reserve Bank of India has released another set of XBRL data related to the performance of Non-Government Non-banking Financial and Investment for 2014-15.
The BSE (formerly the Bombay Stock Exchange) is making its taxonomies available online to promote the development of software by the private sector. BSE will continue its existing Excel-based filing tool. The taxonomies released cover disclosures related to Shareholding Pattern, Financial Results for equity and debt, Corporate Governance, the outcome of shareholder voting results and the reconciliation of Share […]
XII CEO John Turner spoke about the potential for XBRL to contribute to the Digital India Initiative with leading national newspaper, the Business Standard during his recent visit there to address the XBRL Asia Roundtable and the India XBRL National Conference.
At a short ceremony at the Reserve Bank of India on 22 January 2016, XBRL International presented India’s central bank with an award recognising the regulator’s ongoing innovation in leveraging the standard in pursuit of improved transparency and accountability. RBI has been using XBRL for several years for prudential data collections, covering some 97 risk […]
Read about some of the benefits the Reserve Bank of India has seen from XBRL, along with future plans for the standard.
The BSE will now collect Financial Results data in XBRL.
The RBI website now has aggregate data drawn from the 2013-2014 audited annual accounts of more than 250,000 Non-Government Non-Financial (NGNF) Private Limited Companies.