In the 1st term of the NDA government, PM Modi had said that it was the bank NPA scam which was India's largest scam. The RBI, in 2016, published a circular with guidelines to enable early detection and investigation of bank fraud. 5 years down the line now, how has the circular performed? Is it time to revisit and reform the regulatory landscape? We take a deep-dive on the issue on the India Development Debate tonight with K.V Karthik, Partner, Partner - Forensic, Financial Advisory, Deloitte India, Prateek Seksaria, Counsel and S. Ravi, Managing Partner, Ravi Rajan & Co.
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