India Embracing of XBRL – a Synopsis
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 of Maharashtra for tracing crime statistics. This article has a great synopsis if Indian strategies and tactics for structured data reporting. You can find related information on our website.
