https://www.taxtmi.com/news?id=19688 The fraud reveals systemic weaknesses in internal controls and risk monitoring, prompting urgent reform of public-sector banks: tighter regulatory standards, improved recognition of stressed assets, accelerated resolution via the bankruptcy code and stricter recovery timelines, and substantial government capital injections to restore regulatory capital, alongside strengthened governance, risk-management, and internal controls to stabilise the sector's credit outlook. en-us Mon, 05 Mar 2018 18:51:41 +0530 Mon, 05 Mar 2018 18:51:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19688 The fraud reveals systemic weaknesses in internal controls and risk monitoring, prompting urgent reform of public-sector banks: tighter regulatory standards, improved recognition of stressed assets, accelerated resolution via the bankruptcy code and stricter recovery timelines, and substantial government capital injections to restore regulatory capital, alongside strengthened governance, risk-management, and internal controls to stabilise the sector's credit outlook. News - Mon, 05 Mar 2018 18:51:41 +0530 https://www.taxtmi.com/news?id=19688