The auditor has also identified 18 instances worth Rs 2,400 crore where the committee of directors ultimately approved loans to those borrowers who appeared to be under potential stress, despite such information being available in the public domain and even a negative assessment by the Risk team.Grant Thornton audit finds violations of RBI loan sanction regulations by ILFS
The auditor has also identified 18 instances worth Rs 2,400 crore where the committee of directors ultimately approved loans to those borrowers who appeared to be under potential stress, despite such information being available in the public domain and even a negative assessment by the Risk team.
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