RBI to conduct special audit of IIFL Finance, JM Financial for regulatory breaches; tenders floated to appoint auditors
The Reserve Bank of India (RBI) will conduct a special audit for regulatory breaches by the IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) as it has initiated the process for appointment of auditors. The central bank has floated two separate tenders for appointment of auditors for special audits of the two non-banking finance …
