The collapse of the PMC Bank has brought into focus the role of auditors and the regulator
again. Much as the Reserve Bank says that it is not fully empowered to regulate cooperative
banks, yet more than any other authority, it is the RBI which has been at the receiving and of
public ire, in the recent collapse of the PMC Bank. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava asks what was the RBI doing when the scams were unfolding around it. #RBI #PMCBankScam #ILFS
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