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Inside the frantic race for answers to the shadow bank crisis

Vital projects are starved for funds following the crisis. The desperation for solutions is palpable.
The Economic Times

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STATUTORY AUDITORS

Reliance Home investors plan more actions to recover dues

Complaints to the National Financial Reporting Authority (NFRA), the regulator of CA firms, are likely to cite failures of Grant Thornton and PwC in spotting irregularities, market sources said. Investors have also demanded a copy of the forensic audit conducted by Grant Thornton. PwC was the statutory auditor of Reliance Home Finance.

NCLAT reserves order over NCLT's jurisdiction to implead auditors in IFIN case

The two-member bench led by Chairman Justice S J Mukhopadhaya ...

Bank auditors have to be more vigilant

Under the new framework, statutory auditors, in verifying whether an NPA has been correctly identified...

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