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To check fraud, CVC starts examining audit reports of state-run banks, insurance companies

Updated : December 26, 2018 02:00 PM IST

The move assumes significance with banks reporting large-scale fraud cases and the high number of bad loans or non-performing assets, they said.
Vigilance Commissioner TM Bhasin told PTI the CVC is getting a review done of central statutory reports, concurrent auditors' reports and other auditor reports through chief vigilance officers of all public sector banks and insurance companies.
To check fraud, CVC starts examining audit reports of state-run banks, insurance companies

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