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Welcome To IANS Live - ENTERTAINMENT - Reeva, Gaurika agreed to be part of Majja Aa Gaya as they could shoot from home

Welcome To IANS Live - LatestNews - CII suggests changes in RBI norms for appointment of statutory auditors by banks, NBFCs

Photo Credit: IANS IANSLive New Delhi, May 23 (IANS) The Confederation of Indian Industry has come up with several recommendations for changes in the Reserve Bank of India s guidelines for appointment of statutory auditors by banks and NBFCs. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 23-May-2021

Welcome To IANS Live - BUSINESS - CII suggests changes in RBI norms for appointment of statutory auditors by banks, NBFCs

Photo Credit: IANS IANSLive New Delhi, May 23 (IANS) The Confederation of Indian Industry has come up with several recommendations for changes in the Reserve Bank of India s guidelines for appointment of statutory auditors by banks and NBFCs. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 23-May-2021

CII wants RBI to review circular on appointment of bank, NBFC auditors

CII wants RBI to review circular on appointment of bank, NBFC auditors SECTIONS Last Updated: May 23, 2021, 04:05 PM IST Share Synopsis The Reserve Bank in its circular on April 27, 2021 imposed various restrictions on appointment of auditors by banks and NBFCs and prescribed a cooling off period for re-appointment. Agencies The chamber said that few matters that warrant an immediate attention of the RBI include a clarification that the circular is only intended to cover banks and NBFCs and their respective audit firms. Industry chamber CII has asked the Reserve Bank to review its circular on appointment of auditors for banks and NBFCs saying it was inconsistent with the provisions of the Companies Act and would create hardship for businesses in times COVID.

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