June 1, 2025
Financial Assets

RBI may look into IREDA and PFC loans to Gensol Engineering

The RBI is understood to be considering launching a probe into the underwriting processes of IREDA and PFC after a SEBI investigation into Gensol Engineering revealed non-repayment of instalment dues on loans taken from them, sources said. Rating agencies too flagged non-repayment of loans, leading to the company being downgraded. In an interim order on

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