US EditionKarnataka Bank Appoints Forensic Auditors To Review Suspicious Global UPI Transactions
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Karnataka Bank Appoints Forensic Auditors To Review Suspicious Global UPI Transactions
Karnataka Bank has appointed an external agency to conduct a forensic review of its suspicious global UPI transactions.This move is based on direction by the bank's board and the Reserve Bank of India. The appointment concerned certain deficiencies in the reconciliation process, related to suspicious global UPI transactions reported on Feb. 17, according to an exchange filing on Wednesday.Pipara & Co., a chartered accountant firm in Ahmedabad, i…
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