RBI brings UCBs, NBFCs under new risk audit

access_time 2021-02-04T06:17:47.513Z face CA Academy
RBI brings UCBs, NBFCs under new risk audit Synopsis The risk assessment framework should cover risks at corporate, branch, portfolio and individual transactions levels and associated processes. It should include identification of inherent business risks and drawing-up a risk-matrix for both the fa...

India's budget aiming to revive economy despite limited fiscal headroom

access_time 2021-02-01T05:48:10.121Z face CA Academy
India's budget aiming to revive economy despite limited fiscal headroom India's finance minister is likely to announce measures including a hike in infrastructure spending and tax cuts to boost the pandemic-hit economy when she presents the annual budget later on Monday, while deferring debt cut pl...

BoB chief warns of rising stress in retail and small businesses

access_time 2021-01-29T08:14:45.943Z face CA Academy
BoB chief warns of rising stress in retail and small businesses Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress Public sector lender Bank of Baroda (Bo...
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