“RBI, through its communication dated September 19, 2024, has lifted the restrictions imposed on the gold loan business of the company. The RBI’s decision is effective immediately,” IIFL Finance said ...
The weakness came as gold remained under pressure after falling below the key $4,000-an-ounce mark for the first time since ...
As of 9:54 a.m., shares of IIFL Finance slipped 20 per cent, or Rs 119.6, to Rs 478.5 apiece. The market capitalisation of ...
Shares of IIFL Finance Ltd surged nearly 9% in Friday’s early trade after the Reserve Bank of India (RBI) revoked the ban on the company’s gold loan business. As a result, IIFL can now resume ...
https://www.thehindubusinessline.com/money-and-banking/iifls-gold-book-could-run-down-in-next-2-3-quarters-if-rbis-restrictions-prolong-care-ratings/article68064804 ...
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IIFL Finance share price jumped over 12% in early trade on Friday after the Reserve Bank of India (RBI) lifted the restrictions imposed on its gold loan business. IIFL Finance shares surged as much as ...
IIFL Finance Stock went down After RBI bar it from sanctioning, disbursing gold loans. IIFL Finance stock will remain in focus on 5th March trading session after RBI’s order to cease and desist the ...
MUMBAI: After the recent Reserve Bank action on IIFL Finance’s gold loan business, the group is staring at a liquidity crunch as bankers are shy of both releasing the already sanctioned credit lines ...
Shares of IIFL Finance nosedived 20 percent for the second straight session after RBI's decision to ban the company from issuing gold loans. At 9.41 am, shares of IIFL Finance were locked in the lower ...
The recent audit conduced by RBI has found gold loan-to-value ratio deviation in 67 per cent of the gold loan account at IIFL Finance, which has been directed to stop extending fresh gold loan by the ...
IIFL Finance, one of India’s leading non-banking financial companies (NBFC), is offering Gold Loan at 0.99% interest rate per month with zero processing fees until October 19, 2024 under its ongoing ...
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