Sharp surge in frauds post-pandemic; Grant Thornton Bharat report

Because the Covid-19 pandemic modified the best way organisations perform, it additionally uncovered them to monetary fraud. Shift from onsite to distant work, lack of inside controls, and insufficient fraud consciousness have resulted in a surge in fraud, in line with a Grant Thornton Bharat report. “About 71 per cent of organisations have reported enterprise … Read more

Are these non-public sector banks out of the woods?

Stress within the banking sector is commonly tagged to public sector banks. Whereas that’s not unsuitable, these within the non-public area have been equally weak. Right here, the highlight is on 5 such names — Bandhan Financial institution, IndusInd Financial institution, RBL Financial institution, Ujjivan Small Finance Financial institution and YES Financial institution. These banks … Read more