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The National Financial Reporting Authority (NFRA) has said that Deloitte Haskins & Sells, which audited the books of IL&FS Financial Services Limited, had failed to comply with the relevant accounting standards.
Justice BN Srikrishna, who led the committee that drafted the Personal Data Protection Bill (PDP), said the bill placed in Parliament on Wednesday, which allows the Centre to exempt its agencies from some or all provisions, is “dangerous”
Small finance banks (SFBs) have to garner at least Rs 60,000 crore in deposits over the next two years to support an asset growth of 30 percent and to maintain borrowings at 25 percent of liabilities, says a report.
The Reserve Bank of India on Thursday said it has not put banks on alert, as reported by a section of media, but asked lenders to remain prepared to face emerging and new challenges.RBI Governor Shaktikanta Das was in the
DoubleLine Capital CEO and Wall Street “Bond King” Jeffrey Gundlach is not worried about a possible recession in 2020 even though he doesn’t think China and the U.S. will get a trade deal done anytime soon.