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RBI releases circular on risk-based internal audit for NBFCs, UCBs - Vimarsana News

RBI releases circular on risk-based internal audit for NBFCs, UCBs

RBI releases circular on risk-based internal audit for NBFCs, UCBs ​ By IANS | Published on ​ Wed, Feb 3 2021 13:57 IST | ​ 0 Views Reserve Bank of India (RBI). (File Photo: IANS). Image Source: IANS News Mumbai, Feb 3 : The Reserve Bank of India (RBI) on Wednesday released a circular on risk-based internal audit (RBIA) for non-banking finance companies (NBFC) and urban co-operative banks (UCB). The circular covers all deposit taking and non-deposit taking NBFCs, including Core Investment Companies, with asset size of Rs 5,000 crore and above, and all Primary (Urban) Co-operative B...