Nabard clean chit to Reliance Commercial Finance, sees no fraud in GT audit

Nabard had classified the account of RCFL as "red flag" in February this year, which led to a detailed forensic audit of the company's books, delaying its sale.

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3 min read Last Updated : Sep 29 2020 | 0:31 AM IST

The National Bank for Agriculture and Rural Development (Nabard) has given the clean chit to Reliance Commercial Finance Ltd (RCFL), the wholly-owned non-banking financial company of Reliance Capital, after an

Topics : NABARD Reliance Capital Grant Thornton business news today

First Published: Sep 28 2020 | 3:36 PM IST

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Nabard clean chit to Reliance Commercial Finance, sees no fraud in GT audit

Nabard had classified the account of RCFL as "red flag" in February this year, which led to a detailed forensic audit of the company's books, delaying its sale.

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