"ICAI has issued notices to statutory auditors of the Brady House branch under the Chartered Account Act, 1949, to appear before Board of Discipline and offer an explanation," ICAI member S B Zaware said.
Expressing his anger at the functioning of the banks, the finance minister said that the functioning of banks depends on trust, the relationship of borrower and the lender.
Hyderabad, Jul 6 : The auditors of the SKS Microfinance have ‘identified' 156 cases of alleged cash embezzlement by some of its employees who have conned the firm to the tune of Rs 1.60 crore
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