37% rural youth sans Internet access: Study
India’s central bank deputy governor S.S. Mundra urged audit committees at domestic lenders to better monitor potential risks, including in loan assessments and in asset quality, to help improve the health of the banking system.
Mundra added recent inspections by the central bank had found recurrences of certain violations such as those related to “know your customer” rules as well as discrepancies between assets held and provisioning. He did not provide specific details.
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