IL&FS case takes new turn: Auditor BSR was not eligible, says govt report; finds multiple failures

IL&FS case takes new turn: Auditor BSR was not eligible, says govt report; finds multiple failures

IL&FS reported Rs 201.96 crores as Profit Before Tax (PBT) for the year 2017-18, which was after including the credit. The IL&FS crisis, which shook the foundation of non-banking financial services in India, has taken a new turn after the National Financial Reporting Authority (NFRA) released its new report today. In the Audit Quality Review … Read more