Now, erring bank auditors to face punitive action from RBI

As more and more loan-related scams come to light in many public and private sector banks leading to a massive pile-up of bad loans, the Reserve Bank of India (RBI) today decided to take auditors to task by warning them of stern punitive actions against them.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2IGWgOs