A large number of individuals and entities, including independent directors, top management personnel, rating agencies and auditors formerly associated with crisis-hit IL&FS may soon face action by capital market regulator Sebi for their role in the alleged fraud at the group.

IL&FS case: Independent directors, rating agencies, auditors under Sebi lens

The Reserve Bank of India (RBI) on Friday proposed introducing a liquidity coverage ratio (LCR) for large non-banking finance companies (NBFC) to help tackle liquidity problems in the sector.

India plans liquidity buffer at shadow banks to aid stressed sector

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IL&FS case: Independent directors, rating agencies, auditors under Sebi lens

India plans liquidity buffer at shadow banks to aid stressed sector