“Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.”Hail it..What else can the pathetic Indians expect when he has RESOURCEFULNESS BANK OF INDIA.It came in reports in the wake of PNB fraud cases that the appointment of Auditors had been off-loaded to the respective banks.So the responsibility was resigned to it’s fate of volley of excuses if ever needed;authority hid itself behind all those possible parts in ------.. What made RBI take that decision is still not told .Now a open letter to the Prime Minister in tax guru site “The Management appointing the auditors expect them to work in interest of Bank even in case of any negative finding, which defeats the very purpose of the Audit.Ao the entire banking System had all along been a stage managed show.We have no hope really.I read somewhere in internet :everyman is a wolf for the other man.”We cannot expect good show from our banking System R.Ponnambalam Rediff you deleted it.Please point out anything I had said without authentication.R.Ponnambalam
“Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.”Hail it..What else can the pathetic Indians expect when he has RESOURCEFULNESS BANK OF INDIA.It came in reports in the wake of PNB fraud cases that the appointment of Auditors had been off-loaded to the respective banks.So the responsibility was resigned to it’s fate of volley of excuses if ever needed;authority hid itself behind all those possible parts in ------.. What made RBI take that decision is still not told .Now a open letter to the Prime Minister in tax guru site “The Management appointing the auditors expect them to work in interest of Bank even in case of any negative finding, which defeats the very purpose of the Audit.So the entire banking System had all along been a stage managed show.We have no hope really.I read somewhere in internet "everyman is a wolf for the other man.”We cannot expect good show from our banking System R.Ponnambalam