1 Answers
RaviRavi Staff answered 5 months ago

RBI is very old circular sad that if loan of more than particular amount is given bank should obtain audit report of borrower  , ensure that borrower is audited
but now latter on RBI delegated decision to individual banks, its bank’s policy to determine what kind of documents they want from borrower 
so i will say our module to some extent are outdated and as professor in some chapters we have to follow module 

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