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Cost accountants apex body ICAI has suggested constituting a central agency, with cost accountants and experts from other fields, to evaluate applications for large loans before banks give their approval. (Photo: Brijesh Bhatt)

Set up central agency to evaluate big loan proposals, says ICAI

Big banks have better means for research and development and they can better evaluate the loan proposals.

8 July 2018 6:05 PM IST