BANKING

The department under the finance ministry did not conduct assessment of the capital requirement as per its own standard practice before recapitalisation, as per the Compliance Audit Report No. 1 of 2023 of the Comptroller and Auditor General of India on Union Government (Economic and Service Ministries - Civil) for the year ended March 2021.

from Banking/Finance-Industry-Economic Times https://ift.tt/gW2QSsm
via IFTTT