Apply now! Bank of Maharashtra seeks Chartered Accountants’ firms for FY 2025-26 Concurrent/Revenue Auditors. Apply online by 01.03.2025 (5.00 PM).
The new MoU enables practicing company secretary firms to act as authorized external assessment agencies for gold industry accreditation. It expands professional opportunities and sector diversification.
The draft amendments mandate structured recovery policies and strict conduct standards for SFBs. Harsh practices and improper recovery methods are expressly prohibited.
CAS-25 standardizes principles for inventory valuation, including cost components and NRV rules. It applies from 12 February 2026 for cost statement preparation and certification.
The Aadhaar App has seen nearly 14 million downloads, with 1 million users updating their mobile numbers digitally. The app highlights growing trust in secure, privacy-first identity services.
Draft amendment requires HFCs to follow responsible business conduct norms applicable to NBFCs for loan recovery and recovery agents. Existing Fair Practices Code provisions are set to be replaced.
The draft amendment introduces detailed norms on recovery agents, borrower treatment, and grievance redressal. Harsh practices and coercive recovery methods are expressly prohibited.
The proposed amendment introduces strict conduct standards for recovery agents and borrower interaction. Harsh practices and coercive methods are expressly prohibited.
The proposed amendment introduces strict conduct standards for recovery agents and borrower interaction. Harsh recovery practices and coercive methods are expressly prohibited.
The amendments create a comprehensive framework governing recovery conduct and engagement of recovery agents by UCBs. The key takeaway is enhanced borrower protection and stronger regulatory oversight.
