New Delhi: Probity watchdog Central Vigilance Commission (CVC) has said the lack of proper training in credit appraisal and its monitoring is one of the reasons for the occurrence of frauds, and advised banks and financial institutions to hold training programmes to prevent it.
The assertion came as part of a circular it issued on the observance of the 'Vigilance Awareness Week' from October 26 to foster awareness and promote integrity in public administration through preventive vigilance initiatives.
