Monday, November 29, 2021

CAG flags concerns over treatment of bank recap expenditure

Audit noticed that in the expenditure budget the above mentioned expenditure on recapitalisation of the PSBs, had been netted against receipts from issue of special securities, while in the receipt budget, receipts from the securities have been netted against expenditure on recapitalisation.

from Economy-News-Economic Times https://ift.tt/2ZylQDx

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