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India to Host World Internal Auditors meet 31 January 2012
The Institute of Internal Auditors (IIA) was established in 1941, with headquarters in US. The IIA has more than 170,000 members in 165 countries. Its leaders represent members working in a variety of professional capacities such as internal auditing, risk...
Keywords: internal auditing around the world, important global initiatives, full scope of internal auditing, full scope of internal auditing
Read MoreNBFC gold loans: RBI for stricter norms 24 March 2012
RBI also made it clear henceforth that, NBFCs should not grant any advance against bullion or primary gold and gold coins. Also, RBI observed that NBFCs who are predominantly engaged in lending against the collateral of gold jewellery have recorded...
Keywords: non-banking finance companies (NBFCs), matter of abundant caution, gold loan assets, Loan-to-Value (LTV) ratio
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