WebMar 6, 2024 · Big Bank PNB Fraud gave Birth to NFRA. It seems like it was the need of an hour to constitute National Financial Reporting Authority. Section 132 of Companies Act, 2013 deals with the constitution of NFRA. On Thursday March 1, 2024, the cabinet approved its constitution as announced by Union Finance Minister Arun Jaitley in a press meet. WebObject moved to here.
CBI arrests PNB bank internal auditor in $2 billion fraud
WebFeb 21, 2024 · Under Section 143 (12) of the Companies Act of 2013, “if an auditor of a company has reasons to believe that an offence involving fraud is being or has been committed against the company by officers or employees of the company, he shall immediately report the matter to the central government.” WebSep 18, 2024 · Empanelment for concurrent Audit of Punjab National Bank. Leave a Comment / Bank Audits / By taxconcept / September 18, 2024. INSPECTION & AUDIT DIVISION Plot No.5, Institutional Area, Sector-32, … different types of curtains rails
PNB Annual Reports PNB Reports PNB Bank Annual Reports
WebFeb 21, 2024 · According to the CBI FIR filed by PNB dated February 15, 2024, along with unauthorised LoUs amounting to ₹3,032 crore, the bank officials had also issued fraudulent LCs (Letters of Credit ... WebFeb 19, 2024 · Auditors are facing questions as to how the fraud at Punjab National Bank (PNB) went on for six years and how they failed to detect it. The process seems foolproof. A branch such as Mumbai’s Brady Hou TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH. Subscribe To Insights WebApr 10, 2024 · When it comes to auditing, it seems like we reach the proverbial stable door only after the horse has bolted. The aftermath of the Nirav Modi-Punjab National Bank (PNB) fraud, like others that have surfaced before it, has brought much recrimination about the lax standards of governance in public sector banks (PSBs) and their indifferent adoption of … formicivorous definition