{"id":3245,"date":"2016-02-07T09:54:55","date_gmt":"2016-02-07T09:54:55","guid":{"rendered":"https:\/\/prathamconsult.com\/bak-main\/?p=3245"},"modified":"2022-07-20T14:00:11","modified_gmt":"2022-07-20T14:00:11","slug":"rbi-gets-award-for-innovation-in-xbrl-reporting","status":"publish","type":"post","link":"https:\/\/prathamconsult.com\/bak-main\/blog\/2016\/02\/07\/rbi-gets-award-for-innovation-in-xbrl-reporting\/","title":{"rendered":"RBI gets award for innovation in XBRL reporting"},"content":{"rendered":"

MUMBAI: The Reserve Bank today said it has got recognition for its efforts to improve regulatory reporting and has been given the XBRL International Award for Excellence.<\/p>\n

“The XBRL International, the global custodian of the eXtensible Business Reporting Language (XBRL) standard awarded the ‘XBRL International Award for Excellence’ to the Reserve Bank of India (RBI)<\/strong>,” it said in a statement.<\/p>\n

RBI said the award has been given to it in recognition of its efforts in ‘Innovation and Continuous Pursuit of Improvement in Regulatory Reporting’.<\/p>\n

The Deputy Governor R Gandhi had received the award on January 22, 2016 by XBRL International CEO John Turner.<\/p>\n

Turner appreciated RBI for the widespread use of XBRL standard in its data collection system, said the release.<\/p>\n

Turner, particularly mentioned that the approach taken by the RBI in implementing XBRL is quoted extensively in the global forum, it added.<\/p>\n

XBRL has been adopted by around 60 countries and around 100 regulators around the globe.<\/p>\n

Source: Economic Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MUMBAI: The Reserve Bank today said it has got recognition for its efforts to improve regulatory reporting and has been […]<\/p>\n","protected":false},"author":1,"featured_media":4436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,64,66,74],"tags":[249,287,303],"yoast_head":"\nRBI gets award for innovation in XBRL reporting - BAK - Main<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prathamconsult.com\/bak-main\/blog\/2016\/02\/07\/rbi-gets-award-for-innovation-in-xbrl-reporting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI gets award for innovation in XBRL reporting - BAK - Main\" \/>\n<meta property=\"og:description\" content=\"MUMBAI: The Reserve Bank today said it has got recognition for its efforts to improve regulatory reporting and has been […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prathamconsult.com\/bak-main\/blog\/2016\/02\/07\/rbi-gets-award-for-innovation-in-xbrl-reporting\/\" \/>\n<meta property=\"og:site_name\" content=\"BAK - 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