ASCA & ASSOCIATES
Chartered Accountants

News & Events

03/04/2025

Poonam Gupta's appointment as RBI Deputy Governor

02/04/2025

GST Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Assam

Gross and Net GST revenue collections for the month of Mar, 2025

President Murmu asks RBI, banks to guard against e-frauds

31/03/2025

NFRA flags lapses in audit quality of three Audit Firms

28/03/2025

CA final exams to be held thrice a year from this year - ICAI

27/03/2025

RBI imposes Rs.75 lakh penalty on HDFC Bank, Rs.68.2 lakh on Punjab & Sind Bank

Bank Branch Audit 2025 Updates - Panel to Banks

Notifications/ Circulars

01/04/2025

Master Circular - Housing Finance for UCBs

Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2025

Master Circular – Housing Finance

Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)

Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs

Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

Master Circular - Guarantees and Co-acceptances

Master Circular - Guarantees, Co-acceptances & Letters of Credit - UCBs

Master Direction – Facility for Exchange of Notes and Coins

Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of Commercial Banks) Directions, 2023

Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)

Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring

Master Circular – Basel III Capital Regulations

Master Circular on Board of Directors - UCBs

Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission

Master Circular - Disbursement of Government Pension by Agency Banks

Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public

Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests

Master Circular – Lead Bank Scheme

Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)

Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)

Master Circular on SHG-Bank Linkage Programme

29/03/2025

Revised norms for Government Guaranteed Security Receipts (SRs)

Special Clearing Operations on March 31, 2025

27/03/2025

General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)

Gold Monetization Scheme (GMS), 2015 - Amendment

Master Direction – Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025

Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025

Priority Sector Lending Certificates

Review of Priority Sector Lending (PSL) Target – Urban Co-operative Banks (UCBs)

Currency Chest operations on March 31, 2025

21/03/2025

Treatment of Right-of-Use (ROU) Asset for Regulatory Capital Purposes

Amortisation of additional pension liability - Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 - Prudential Regulatory Treatment

Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021: Clarifications

17/03/2025

Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade

Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25)

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 12 Entries

Contact Us

ASCA & ASSOCIATES

Chartered Accountants,

No 716/35, JC Plaza, 2nd Floor, 12th Main Road, 42nd Cross, 3rd Block,

Rajajinagar, (Near ESI Hospital Signal) Bangalore - 560010.

Ph.080-23402441, Mob. 08904705900, 9980021836

email : asca.associates@gmail.com

Our Clients

We handle clients from various sectors and industries ranging from small entreprenuer, start ups to well established corporates. The list includes:

1. Manufacturing Industry
2. Service Industry
3. Retail Industry
4. Finance Industry
5. Handicrafts Industry
6. Hotel Industry
7. Chain of Schools
8. High Net Worth Individuals
9. Marketing Industry
10.Producer Companies
11.Real Estate
12.Insurance
13.Information Technology
14.E-Commerce