Under the scanner: RBI to check if Yes Bank auditor BSR had raised red flags

The central bank has been in touch with auditor BSR & Co., which is a part of KPMG India, over the past few months. But the central bank will now specifically look at whether the auditor had issued any warnings over the past 12 months. Officials aware of the central bank’s plans told ET that RBI officials had already held meetings with Yes Bank’s new audit committee.

from Industry-Economic Times https://ift.tt/2Q4dADq