Archive | Banking Companies

Specimen of Profit and Loss Account | India | Banking Companies

Banking companies are required to prepare their Profit and Loss Account according to Form B in the Third Schedule. Form B is in a summary form and the details of various items are given in the Schedules. Form B is given below:

By Nilima M|2017-02-06T20:58:55+00:00February 6, 2017|Banking Companies|Comments Off

Management of a Banking Company | India | Accounting

In this article we will discuss about the management of a banking company in India. A banking company must have a whole-time chairman appointed for five years at a time. He may become a director of a subsidiary of the banking company or of a guarantee company registered under Section 25 of the Companies Act but cannot take up any [...]

By Nilima M|2017-02-06T20:58:55+00:00February 6, 2017|Banking Companies|Comments Off

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