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PNB fraud: Financial professionals accuse govt of diluting RBI power to select auditors for bank

PNB fraud: Financial professionals accuse govt of diluting RBI power to select auditors for bank

Sat, Mar 03, 2018

In the wake of an alleged multi-crore fraud on state-run Punjab National Bank (PNB), the auditors and financial professionals on Saturday accused the central government of "diluting the bank audit system as well as power of Reserve Bank of India (RBI) for selection of auditors for auditing of ban

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