The audit income of Deloitte, EY, PwC, and KPMG could be hit due to the new capping and mandatory joint audit norms. They are auditing more than a dozen non-bank lenders and will have to give up many clients to comply with the mandate of the regulator.
Ira Dugal @dugalira Apr 27 2021, 7:46 AM IST Apr 28 2021, 4:20 PM IST
When seen over cycles, it can be said that every bank has its year.
In the early 2000s and until a little after the global financial crisis, it...
Sucheta Dalal 22 April 2021
On 10th April, The Times of India published a report to say that major banks, including State Bank of India (SBI), Bank of Baroda, Bank of India and HDFC Bank, had moved the Supreme Court (SC) of India to recall its...
SEBI’s imposition of a measly fine on the veteran banker raises questions on how regulators let companies and their promoters get away with serious violations.
Jayshree P. Upadhyay
Mumbai 15 March 2021
