DHFL auditors face Rs 18 lakh fine and up to 1 year suspension by NFRA

  • The National Financial Regulatory Authority (NFRA) has penalized 18 auditors of Dewan Housing Finance Corporation Ltd (DHFL) for professional misconduct.
  • The penalties include a total fine of Rs 18 lakh and debarments ranging from six months to one year.
  • The auditors were involved in the statutory audit of various DHFL branches in the fiscal year 2017-18, and were found to have committed various lapses in audit and professional misconduct.
Total
0
Shares
5/5
Join 2 million subscribers





A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
Total
0
Share