Thursday, February 14, 2008

Bank Of Rajasthan - Limited Review For The Quarter Ended Dec 31, 2007

Bank of Rajasthan Ltd has informed that in the limited review report of the Company for the quarter ended December 31, 2007, the Auditors of the Company have made the following observations:

Other Income includes Rs 15 crores (Rs 9.90 crores net of tax) being amount realized from an insurance company which is not as per with AS-9, prescribed by ICAI, resulting in higher profits to that extent.

No comments: