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IIFL Finance starts special audit ET BureauLast Updated: Apr 24, 2024, 06:07:00 AM IST Synopsis Mumbai: 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. (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless (You can now subscribe to our ETMarkets WhatsApp channel) (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Download The Economic Times News App to get Daily Market Updates & Live Business News. Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price ...moreless ';
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IANSThe embargo was part of RBI's supervisory action over concerns related to certain loan disbursement practices.Why ?
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