IIFL Finance Ltd and JM Financial Products Ltd will undergo a special audit to investigate their regulatory breaches as per the initiation process by the RBI. The RBI has floated tenders for the appointment of auditors, with a deadline for submission of bids set on April 8. Previously, the RBI imposed restrictions on IIFL Finance and JM Financial Products Ltd for non-compliance of regulatory guidelines.
-
Uncategorized
Lieutenant Governor V K Saxena has approved a WCD Department’s proposal to institute an inquiry and ordered a special audit into alleged misuse of government funds by the Delhi Commission for Protection of Child Rights, Raj Niwas officials said on Thursday. The Women and Child Development (WCD) Department noticed that the demand of funds from the DCPCR has increased exponentially in the recent years, a Raj Niwas official said.
