The process of bank reconciliation is vital to ensure financial records are correct. You don't want any discrepancies between the bank's figures and yours. According to Principles of Accounting ...

The act of financial reconciliation occurs when an individual or a business compares their own internal records to the records provided by the bank which manages their financial business.

The Reserve Bank of India has granted "in-principle" approval to Emirates NBD Bank PJSC, based in the UAE, to establish a wholly-owned subsidiary in India. This will be achieved through the conversion ...