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IIFL Finance starts special
audit
IIFL Finance commenced the special audit
directed by the Reserve Bank of India (RBI) on Tuesday. This follows the
central bank's embargo dated March 4, 2024, which suspended the disbursement of
new gold loans by our company until the satisfactory completion of the said
audit, said the company in an exchange filing.
The embargo was part of RBI's
supervisory action over concerns related to certain loan disbursement
practices.
www.economictimes.indiatimes.com
dt. 24.04.2024
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