I want to share a couple of techniques I used when building the audit plan and then the audit scope, and for assessing the level of risk presented by a control failure. The first is like a reverse root cause Read More …
Tag: Indian economy
Norman Marks on Governance, Risk Management, and Internal Audit
‘When you’re lending, you have to be very conscious of risk’: IDFC First Bank’s boss V. Vaidyanathan on Indian economy, banking regulations and more
For V. Vaidyanathan, MD & CEO of IDFC First Bank, India is a good place to be. The financial services veteran, who started out as a banker, then turned entrepreneur, and now leads the bank formed as a result of the Read More …
PSBs should focus on robust asset-liability & risk management: Sitharaman
Union finance minister Nirmala Sitharaman on Saturday asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity Read More …
PSBs should focus on robust asset-liability & risk management: Sitharaman
Union finance minister Nirmala Sitharaman on Saturday asked public sector banks (PSBs) to adhere to the regulatory norms and focus on robust asset liability and risk management elements. “Banks should integrate corporate governance policies and ensure prudent liquidity management,” Read More …
Economic Survey 2023 Updates: Finance Minister Nirmala Sitharaman tabled India’s annual pre-budget economic survey in Parliament today. The Economic Survey has pegged India’s GDP growth at 6-6.8% for FY24 under the baseline scenario. This would be the slowest in three years. Read More …