RBI shares their experience of XBRL implementation

RBI shares their experience of XBRL implementation

Reserve Bank of India, the apex financial institution of the country had implemented data collection in standardised format since 2008 as a part of their regulatory and supervisory function. The data which is collected from the commercial banks, financial institutions, authorized foreign exchange dealers and non-banking financial institutions is in XBRL format and is called “Return”. RBI rolled out the implementation in phases since 2008, wherein Phase I covered 7 returns, Phase II which started […]