Govt had sought a ban on BSR & Deloitte for alleged role in concealing bad loans at IL&FS.

IL&Fs enjoyed high ratings from rating cos due to window-dressing of the company's books, the probe has found.

RBI said there were serious deficiencies observed in the credit appraisal.

SFIO found out that auditors sold certain products to the top management with a massive discount.

Deloitte had disregarded the RBI's regulations and turned a blind eye to IFIN’s 'evergreening' of loans.

The SFIO probe reveals several cases where the bosses got benefits from borrowers in return for faster loans.

The central bank had raised objection over loans to group companies in 2017 review, sought corrective action.

SFIO's chargesheet suggests the RBI should conduct internal inquiry & take 'appropriate action'.

Former directors of IFIN bent rules to lend to Siva Group companies despite an RBI caution.

The agency is seeking information about the funding of ITNL by IFIN since LIC was one of the lenders to IL&FS.

The ILFS board has proposed punitive action against Deloitte & BSR & Co, part of the KPMG network.

A part of the money was also transferred to his personal account, said the SFIO, which is probing alleged irregularities at the IL&FS group...

Even as recovery ability of the loans is posing challenges, the company would take care of creditors by resolving assets within India, the ...

Sankaran, the first person to be arrested in the case, has been remanded into SFIO custody till April 4.

Restructured board says former executives had failed to discharge duties and raise red flags.

This is after discovering large-scale irregularities, which includes ever-greening of loans and funds being routed to entities that are ine...

For the moment, the focus is on the probe where SFIO is looking at multiple approaches amid several instances of wrong-doing coming to its ...