Infrastructure Leasing and Financial Services
The Union of India/ILFS are directed to file a fresh Progress Report by September 3, 2019, said the appellate tribunal.
NCLAT expresses displeasure over delay in IL&FS resolution
08 Aug 2019 8:44 PM

NCLAT directed Corporate Affairs Ministry and IL&FS group to file a fresh progress report by September 3.

I think the credit flow will gather greater momentum very soon, said RBI governor Shaktikanta Das.
Bank lending to non-bank firms set to gather pace: RBI governor
26 Jul 2019 1:32 PM

RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.

During the review period, IL&FS Group had availed rating services from Crisil Ltd, CARE Ratings, ICRA, India Ratings (a Fitch group company) and Brickwork.
IL&FS case: Sebi widens probe into role of rating agencies
21 Jul 2019 11:56 AM

Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.

CARE said Mokashi would be on leave until the company had examined an anonymous complaint against him sent to SEBI. (Photo: File)
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
18 Jul 2019 1:09 PM

The agency appointed T N Arun Kumar, currently executive director of ratings, as interim CEO.

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