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RBI proposes unified framework for banks' risk, compliance and audit functions | Collector
RBI proposes unified framework for banks' risk, compliance and audit functions
Economic Times

RBI proposes unified framework for banks' risk, compliance and audit functions

The Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost governance. The new guidelines will be effective from January 1, 2027. Banks must ensure their risk management, compliance, and internal audit functions are robust.

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