Internal Controls News

11 Sept 20269:34 pm

Consumer Protection11 Sept 2026 · 9:34 pm9:34 pm

IRDAI Penalizes Canara HSBC ₹1 Crore for Mis-selling Insurance to Elderly Client

IRDAI imposed a ₹1 crore fine on Canara HSBC for mis-selling insurance to an 88-year-old, citing multiple failures. The regulator highlighted shortcomings in pr

3 Sept 202611:16 am

Finance3 Sept 2026 · 11:16 am11:16 am

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KPMG Warned Guggenheim Unit About Deficiencies in Internal Controls

Big Four auditor KPMG issued a warning to a Guggenheim unit regarding deficiencies in its internal controls. The audit flagged flaws in how the private investme

3 Sept 20261:31 am

Regulation3 Sept 2026 · 1:31 am1:31 am

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RBI Deputy Governor Urges Stronger Governance, Internal Controls in Urban Cooperative Banks

RBI Deputy Governor Swaminathan J urged urban cooperative banks to enhance governance and technology, emphasizing collaboration with cooperative authorities. De

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