Bank of India goes to RBI against its auditors Irked over stringent auditing of its financial results for the quarter ended March, 2015, state-run lender Bank of India (BoI) has dashed off a letter to the Reserve Bank of India (RBI) saying auditors … [Read more...]

RBI Orders, Notifications, Directions and Instructions
Banks must follow three ‘KY Principles’ to prevent fraud: RBI Dy. Governor Rohit Taneja 27 June, 2015
Banks must follow three 'KY Principles' to prevent fraud: RBI Dy. Governor Rohit Taneja 27 June, 2015 All the public sector banks in India are adequately capitalised and are meeting their requirement but going forward they will require additional … [Read more...]
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