{"id":1184,"date":"2021-06-14T12:51:33","date_gmt":"2021-06-14T12:51:33","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=1184"},"modified":"2021-06-14T12:51:36","modified_gmt":"2021-06-14T12:51:36","slug":"risk-based-internal-audit-rbia","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/risk-based-internal-audit-rbia\/","title":{"rendered":"Risk Based Internal Audit (RBIA)"},"content":{"rendered":"\n<p class=\"has-text-align-right\">June 11, 2021<\/p>\n\n\n\n<p>The Chairman \/ Managing Director \/ Chief Executive Officer of:<br>All deposit taking HFCs<br>All non-deposit taking HFCs with asset size of \u20b95,000 crore and above<\/p>\n\n\n\n<p>Madam\/Dear Sir,<\/p>\n\n\n\n<p>Please refer to the <strong>circular Ref. No. DoS.CO.PPG\/SEC.05\/11.01.005\/2020-21 dated February 03, 2021<\/strong> on the captioned subject.<\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li><strong>2.<\/strong> On a review, it has been decided that the provisions of the aforesaid circular shall be applicable to Housing Finance Companies (HFCs) also, as stipulated below:<ol><li>a. All deposit taking HFCs, irrespective of their size<\/li><li>b. Non-deposit taking HFCs with asset size of \u20b95,000 crore and above<\/li><\/ol><\/li><\/ol>\n\n\n\n<p><strong>3.<\/strong> The above-mentioned entities shall put in place a RBIA framework by June 30, 2022, in accordance with the provisions of the aforesaid circular.<\/p>\n\n\n\n<p>Yours faithfully,<\/p>\n\n\n\n<p><br>(Ajay Kumar Choudhary)<br>Chief General Manager-in-charge<\/p>\n\n\n\n<p><strong>For full detail click the link below :<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.dropbox.com\/s\/gja7bohmq3mz17s\/Risk%20Based%20Internal%20Audit%20%28RBIA%29.PDF?dl=0\">https:\/\/www.dropbox.com\/s\/gja7bohmq3mz17s\/Risk%20Based%20Internal%20Audit%20%28RBIA%29.PDF?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>June 11, 2021 The Chairman \/ Managing Director \/ Chief Executive Officer of:All deposit taking HFCsAll non-deposit taking HFCs with asset size of \u20b95,000 crore and above Madam\/Dear Sir, Please refer to the circular Ref. No. DoS.CO.PPG\/SEC.05\/11.01.005\/2020-21 dated February 03, 2021 on the captioned subject. 2. On a review, it has been decided that the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,14],"tags":[75,74],"class_list":["post-1184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notifications","category-rbi","tag-75","tag-rbi-notification"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=1184"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1184\/revisions"}],"predecessor-version":[{"id":1185,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1184\/revisions\/1185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/48"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=1184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=1184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=1184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}