22 April 2024


RBI Orders Concurrent Auditors to Submit Reports on Non-Performing Loans Directly to Banks - 25.09.2015

Reserve Bank of India (RBI) has directed concurrent auditors of commercial banks to submit their review of non-performing loans directly to the banks and discontinue practice of submitting it to statutory auditors who conduct quarterly and half yearly review of bank accounts.

Tags : Reserve Bank of Indiaconcurrent auditors of commercial banks

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