Indostar Capital says auditor found lapses in CV book, firm may make up to Rs 677 crore ECL provisions - Moneycontrol

Separately, the NBFC is also initiating a review for undertaking root cause analysis of deviations to credit policies and check on the gaps in the internal financial controls and systems.

Non-banking finance company (NBFC) Indostar Capital Finance Ltd on May 6 said it may be required to make additional expected credit loss (ECL) provisions between Rs 557 crore-Rs 677 crore due to cert… [+2202 chars]

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