Deloitte to probe Bank of Rajasthan

The Reserve Bank of India has ordered a special audit of private sector lender Bank of Rajasthan’s accounts, suspecting violation of operational norms.

The Reserve Bank of India has ordered a special audit of private sector lender Bank of Rajasthan’s accounts, suspecting violation of operational norms.

HT Image

The apex bank has appointed Deloitte Haskins and Sells to conduct the special audit.

Deloitte is expected to submit the report by the end of this month, which would enable RBI to take corrective measures, primarily setting up of a credit committee.