NFRA flags audit evidence gaps weak ECL validation and ineffective EQCR reviews at BSR Affiliates Network

(0)
News

Inspection finds inadequate documentation independence lapses and inconsistent quality controls across BSR network firms firms say remediation underway.

Leave a Reply Cancel reply

5% annual increase in SIP can boost your retirement corpus by more than ₹83 lakh. Here's how
With a step-up SIP, an investor can increase their SIP amount annually as their annual income grows and accumulate a higher retirement corpus compared to a regular SIP.
RBI revokes Paytm Payments Bank licence: But what happens to your Paytm Wallet, UPI, and account now?
The RBI cancelled Paytm Payments Bank's license for non-compliance, stating it harmed depositors' interests. The central bank assured users their funds are safe and the Paytm app will continue normal operations.
Investing after 45: 5 smart ways to balance safety, growth and retirement planning
Investing at 45 demands a smart balance between safety and growth, combining equities, insurance, and disciplined asset allocation to beat inflation and secure a stable, comfortable retirement future.
Physical gold vs gold ETF vs SGB vs digital gold: How tax differs across yellow metal investment modes in India
Gold investments in India include physical gold, ETFs, SGBs, and digital gold, each differing in taxation and structure. Here's how each asset is taxed in India. 
Why health insurance claims get rejected and what CSR really means: Top insurers ranked by claim settlement ratio
Health insurance in India plays a crucial role in financial protection, as rising health care costs and the risk of claim rejections make clarity on coverage, exclusions, and the claim settlement ratio essential for better decision-making. 
EPF pension claims: Bombay High Court rules employees can't be penalised for employer lapses, sets aside rejection
The Bombay High Court on 18 April addressed petitions against pension rejection under the Employees’ Pension Scheme, ruling that employees should not be penalised for employers' lapses. Full details here. 
How credit card inactivity affects your credit score and why regular usage supports a strong credit profile
Stop ignoring your credit card; credit score health depends on activity, not inactivity. This article explains how credit card usage habits shape credit score, credit utilisation and long-term financial stability. 
Quietly moving away from physical gold: ClearTax's Archit Gupta explains how Indians are changing how they invest
This Akshaya Tritiya, gold purchases in India reached ₹20,000 crore, but physical sales weakened, according to ClearTax's chief executive. Many transactions were made through old gold exchanges, and digital and ETF investments increased.
NPS withdrawal options explained: Lump sum, annuity and phased withdrawal choices
The National Pension System (NPS) enables individuals to save for retirement with flexible withdrawal options. Recent rules enhance flexibility for both government and corporate employees, allowing different withdrawal percentages.
How to report cybercrime in India: Step-by-step guide to filing and tracking complaints
A cybercrime or a financial fraud can strike instantly, but fast action matters. This guide explains how to report a cybercrime in India through the cybercrime portal and track your complaint for quicker resolution and safety.

NFRA flags audit evidence gaps weak ECL validation and ineffective EQCR reviews at BSR Affiliates Network

Leave a Comment

Leave a Reply Cancel reply