Marketwatch IL&FS case: Sebi raises penalty to Rs 1 cr each on ICRA, CARE Admin September 22, 2020 The regulator, in December 2019, had imposed a fine of Rs 25 lakh each ICRA and CARE Ratings in the matter saying the default by IL&FS occurred due to “lethargic indifference and needless procrastination and laxity” of these rating agencies. – Stocks-Markets-Economic Times Share on Facebook Tweet it Pin it Share it Email
