| NewsClick

For latest updates on nCOVID-19 around the world visit our INTERACTIVE COVID MAP

Prudhviraj Rupavath
Only 19% of IL&FS Group’s Rs 99K Crore Debt Resolved by New Board in 2 Years
26 Oct 2020
The collapse of the IL&FS Group has had a cascading impact on the Non-Banking Financial Companies sector, Mutual Funds sector and the country’s financial markets for several months.
Newsclick Report
Banks Can Now Declare Defaulting IL&FS Accounts as NPAs: NCLAT Order
04 Jun 2019
Of the 348 entities of IL&FS group, only 22 entities could meet debt obligations.
Newsclick Report
Forensic Audit Unearths Loopholes in IL&FS Books: Report
18 May 2019
Grant Thornton found numerous instances of loan evergreening and loan disbursal without securities among others.
Banks Can Now Declare Defaulting IL&FS Accounts as NPAs: NCLAT Order
04 May 2019
Of the 348 entities of IL&FS group, only 22 entities could meet debt obligations.
Newsclick Report
SEBI To Delay Regulations on Royalty Payments
30 Apr 2019
Till 2009, Indian government approval was mandatory on royalty payments but was discontinued. While SEBI’s new regulations on royalty payments are effective from April 1, it has now proposed to defer…
Newsclick Report
IL&FS Fraud a Manufactured Loot: Forensic Audit
04 Mar 2019
The forensic audit found six instances where the loans disbursed by IL&FS Financial Services to its borrowers were utilized to transfer funds to their promoters or directors.
Newsclick Production
Kotak Mahindra Bank's Battle with RBI
04 Feb 2019
Never before has a bank taken the Reserve Bank of India to court on the issue of promoters' quota. Hemindra Hazari explains this unprecedented tussle to NewsClick.
IL&FS Debacle: Scrutiny of Key Managerial Heads is Crucial
06 Nov 2018
Amid challenges from multiple layers within IL&FS group, there is an urgent need for financial solvency as public money is at stake.