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FraudNews
04-19-2016, 08:22 PM
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Daily News & Analysis (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNElgaXhUdCddFLBb00JU17kG1mf8Q&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779089183071&ei=epMWV-HQLomV3AGY4aqgBA&url=http://www.dnaindia.com/money/report-rbi-asks-banks-to-disclose-fraud-cases-2203585)


Provision for fraud within 4 quarters: RBI (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNGcUJR-puhqDx-ZzEYMLnWZN46FDw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779089183071&ei=epMWV-HQLomV3AGY4aqgBA&url=http://www.thehindu.com/business/Economy/provision-for-fraud-within-4-quarters-rbi/article8495235.ece)
The Hindu
Banks have to make provision for the entire amount of a loan in transactions where fraud has been detected in a period not exceeding four quarters, the Reserve Bank of India (RBI) has said. “To smoothen the effect of such provisioning on quarterly ...
RBI asks banks to disclose fraud cases (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNElgaXhUdCddFLBb00JU17kG1mf8Q&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779089183071&ei=epMWV-HQLomV3AGY4aqgBA&url=http://www.dnaindia.com/money/report-rbi-asks-banks-to-disclose-fraud-cases-2203585)Daily News & Analysis
RBI tweaks rules on bank fraud provisioning to ease burden (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHIg2zVXtytM1jmjT5oSKVyaUP4EQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779089183071&ei=epMWV-HQLomV3AGY4aqgBA&url=http://www.business-standard.com/article/finance/rbi-tweaks-rules-on-bank-fraud-provisioning-to-ease-burden-116041900020_1.html)Business Standard

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