Summary: The Bank Branch Audit 2024-25 focuses on critical financial and regulatory compliance areas. Auditors must review statutory reports, including last year’s audit reports, LFAR, tax audits, and ...

GNPA ratio has dipped to 3% in December 2023 from 3.3% in September 2023 and 3.8 % in March 2023 while the net NPA ratio of SCBs declined to 0.7%. RBI Governor assures no system-wide problem with ...

(Reuters) - The Reserve Bank of India on Monday issued revised guidelines on priority sector lending, in a move to expand PSL ...

Senior Congress Leader Manickam Tagore raises concerns over RBI's new gold loan rules, impacting borrowers and creditors.

Scheduled commercial banks have written off over ₹16 lakh crore worth of loans during FY15 and FY24, Lok Sabha was informed ...

Microfinance credit stress is emerging this financial year due to RBI's preventive measures to manage risks, according to Finance Minister Pankaj Chaudhary. RBI has advised banks and NBFCs to improve ...