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Has The NFRA Achieved What The ICAI Couldn’t?
The NFRA has made its presence felt. There's consensus on that. How it has done so is where disagreement is the loudest.
08 Oct 2021, 05:21 PM IST
This week, India’s newest regulator in the financial sector marked its three-year anniversary.On Oct. 1, 2018, the National Financial Regulatory Authority was tasked to oversee the audit and accounting quality of over 6,500 companies—5,300 listed, 1,000 unlisted, and insurance and banking companies. It was given a chairman, one full-time member and nine part-time members.With a strength of 11 members, the regulator has issued four au...
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