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RBI wants audit firm partners under lens to stay off banks

RBI wants audit firm partners under lens to stay off banks

Finance
Mumbai: Audit firm partners who are in the midst of any disciplinary proceedings will be barred from signing the balance sheet of any bank or even engage in the audit process. This is the latest directive to banks from the Reserve Bank of India (RBI) which over the last one year has placed significant responsibility on statutory auditors of commercial banks. Thus, even chartered accountant firms which face no ban either from the RBI or the court could be forced to pull out some of their senior partners from playing a role in any bank audit. “Even if one thinks such advice from the regulator carries an element of regulatory paranoia, it could well be part of an exercise to ensure that bank numbers do not throw up nasty surprises.. but, we don’t know how much all this would achieve,” a perso
This company wants to help shave $6,200 off your student loans

This company wants to help shave $6,200 off your student loans

Finance
Dan Kitwood | Getty ImagesWhen Michael Bloch's wife graduated from law school with more than $ 300,000 in student loans, the couple sat down to come up with a plan.After reading blogs and articles, drafting spreadsheets and consulting a financial advisor, they still didn't have an answer. "We really struggled with what is the right way to pay those loans back," Bloch said. "We found that there is no easy way to figure out what is the right thing for an individual to do."The dilemma inspired Bloch to drop out of Stanford Business School, where he would have racked up another $ 250,000 in student loans, to help others who are confronting the same problem.About 44.7 million Americans had student loan debt, which totaled $ 1.47 trillion, at the end of 2018, according to the Federal Reserve Ban...
Lauren Goodger wants to find ‘baby daddy’ on Celeb’s Go Dating: ’Is it too much to ask?’

Lauren Goodger wants to find ‘baby daddy’ on Celeb’s Go Dating: ’Is it too much to ask?’

Entertainment
The TOWIE star revealed earlier this week that she’s set to join the new series of Celebs Go Dating.Lauren Goodger made the announcement on Instagram on Wednesday, sharing a snap of herself alongside fellow contestants Jack Fincham, Megan Barton Hanson, Lee Ryan, Lady Colin Campbell and Nathan Henry.She captioned the snap: “So, ok kept it quiet for a while… but yes I’m doing Celeb’s Go Dating.”And the 32-year-old reality TV star has now revealed exactly what she’s looking for in a potential partner. Related Articles Uploading a sneak peek of the upcoming Channel 4 show, Lauren said: “I’m looking for confidence, someone outgoing and independent and not someone who depends on me.”“I want to have a good family, so a good dad for my kids and a husband and just up for having a bit of fun and
Howie Mandel wants to bring back ‘Bobby’s World’

Howie Mandel wants to bring back ‘Bobby’s World’

Entertainment
May 29 (UPI) -- America's Got Talent judge and Deal or No Deal host Howie Mandel said he is working to bring back his iconic animated series, Bobby's World. The show about the titular little boy and his dad Howard aired for seven seasons from 1990 to 1998. Mandel lent his voice to both main characters. "I have a meeting later on today. I'm trying to reboot Bobby's World. Things are moving fast," the comedian and voice-over artist told UPI in a phone interview Wednesday. The series would work as both a traditional linear show and social media presence, he said. "Right now, you can get animation done within weeks. Whereas, (in the 1990s) we would refer to something that is part of pop culture and then we'd have to wait four months for the animatics to come back. When the animatics came bac...