IIFL Finance has announced the appointment of B.P. Kanungo, former deputy governor of the Reserve Bank of India (RBI), as an independent director on its board.

Governor Sanjay Malhotra, in an interview with Business Standard, hinted at possible rate cuts in future provided the inflation remains below forecast and said that the Monetary Policy Committee (MPC) ...

Kanungo’s regulatory depth and RBI experience aim to bolster IIFL Finance’s governance, compliance and financial inclusion ...