Banks are tightening their forensic auditor empanelment framework. This action follows Enforcement Directorate observations against two audit firms. Two audit firms have been de-empanelled from the Agencies for Specialised Monitoring list. Lenders will review the framework for empanelling audit firms further. Public sector banks reported a record net profit in FY26.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.