There has been much debate on whether principles-based accounting is more efficient than the popular rules-based accounting.

RBI Deputy Governor M Rajeshwar Rao said the central bank is gradually transitioning to a principle- and outcome-based ...

RBI Deputy Governor discusses shift towards principle-based regulations for flexibility and innovation in financial sector at IIMK event.

MUMBAI: To provide regulated entities with greater operational flexibility and allow them to tailor their activities to ...

The Reserve Bank of India (RBI) is gradually shifting its regulatory approach towards a principle and outcome-based model, ...