RBI's blessings on local audit firms

BL Internet Desk | Updated on June 22, 2021

The Reserve Bank of India has redistributed the financial services audit market, especially for NBFCs. This will provide small- and mid-sized local audit firms an opportunity to play and grow big at the expense of the Big Firms.

This has been made possible through its new audit guidelines for banks, NBFCs and Urban Cooperative Banks.

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Published on June 21, 2021

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