New auditing rule book to ensure no repeat of IL&FS, DHFL-like fiascos

Rules likely to improve transparency and build confidence in audit industry, say many analysts, who also flag initial operational issues

source https://economictimes.indiatimes.com/industry/banking/finance/rbis-new-audit-norms-to-ensure-no-repeat-of-ilfs-dhfl-yes-bank/articleshow/82992690.cms