RBI s FAQs addresses some key concerns - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The new norms, effective from this fiscal, bring large non-banks and housing finance companies, and urban cooperative under its purview when it comes to appointing statutory auditors.
In April, the Reserve Bank issued a circular putting in place the new norms for appointment of statutory central auditors and statutory auditors for commercial banks, large urban co-operatives and large non-banks and housing finance companies.
Read more about RBI s new norms to help enhance audit quality, transparency: Experts on Business Standard. The Reserve Bank s new norms for auditors will help enhance the overall audit quality as well as transparency, apart from adding to the value to the businesses rather than wasting resources
View from India: Financial reporting is the language of business theiet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theiet.org Daily Mail and Mail on Sunday newspapers.