The unravelling of a financial titan: Ravi Parthasarathy and the IL&FS scandal
[ad_1] Parthasarathy, by contrast, hasn’t copped as much of the blame despite the fact that Infrastructure Leasing & Financial Services (IL&FS), the non-banking financial institution (NBFC) he had joined as president and CEO in 1987, would by 2017 become a byword for financial skulduggery of a scale rarely seen before or since. Promoted by the…