ICAI Response to RBIs moves on Bank Audit 2008-09

I. ICAIs quest for financial transparency in the financial reporting of the Indian banking sector The ICAI wishes to draw the attention of the RBI in respect of certain circulars issued by it relating to the restructuring proposals. In this context, the attention is drawn to circular dated February 4, 2009 wherein the date has been extended from January 31, 2009 to March 31, 2009. As per the Circular, by simple receipt of application for proposal for restructuring package by this particular d

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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