RBI issues guidelines for appointment of statutory auditors of banks, NBFCs
Updated:
Updated:
April 27, 2021 12:03 IST
The guidelines provide necessary instructions for appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation, while ensuring the independence of auditors, the apex bank said.
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RBI logo. | Photo Credit: REUTERS
The guidelines provide necessary instructions for appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation, while ensuring the independence of auditors, the apex bank said.
The Reserve Bank of India on Tuesday issued guidelines for appointment of statutory auditors of banks and non-banking finance companies (NBFCs), including housing finance companies.