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IL&FS did not disclose NPAs for 4 years, says RBI

Updated : August 21, 2019 09:30 AM IST

The IL&FS had not disclosed any NPAs for the last four years, the Reserve Bank of India (RBI) has said in a report.
The report is based on inspection of IL&FS and IFIN and this has been conveyed by the new board of the IL&FS to the NCLT.
IL&FS did not disclose NPAs for 4 years, says RBI
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