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Roadmap drawn-up for IFRS convergence of Indian banks and insurers
// Deloitte's IAS Plus RSS Feed
The Indian Ministry of Corporate Affairs (MCA) has released a roadmap for the adoption of Indian Accounting Standards (Ind AS), which are largely converged with International Financial Reporting Standards (IFRSs), by Indian banking, insurance and non-banking finance companies. These companies were exempt from the general roadmap announced in January 2015.
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Onesimo Alvarez-Moro