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Now, Boards, Corporations and Autonomous Bodies Will Have to Submit Their Bank Accounts to the Government Every Third Month.
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Chandigarh | Following the IDFC First Bank scam, the state government has enacted new regulations governing bank transactions. Accountability has been established for officials of the respective boards, corporations, and autonomous institutions for any discrepancies in accounts. It is now mandatory for all department heads, managing directors, and chief executive officers to submit quarterly certificates reconciling government funds deposited wi…
·Bhopal, India
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