Shares in India's IIFL Finance jumped about 13% on Friday, after the country's central bank lifted restrictions on the ...
By Dimpal Gulwani and Siddhi Nayak BENGALURU/MUMBAI (Reuters) -Shares of India's IIFL Finance surged 13% on Friday, after the ...
IIFL Finance said on Thursday that India's central bank has lifted the restrictions on the company's gold loan business, in ...
The Reserve Bank of India has lifted the restrictions on IIFL Finance's gold loan business, allowing the company to resume ...
Reserve Bank of India on September 19 allowed non-banking finance company (NBFC) IIFL Finance to offer gold loans after ...
IIFL Finance shares jumped over 13% after the Reserve Bank of India lifted restrictions on its gold loan business, which were ...
The regulator had on September 19 lifted restrictions on the gold loan lender. This would allow the lender to restart its ...
The company also "started e-auction to auction various gold ornaments in cases of default" in view of the concerns flagged by ...
The restrictions imposed by the central bank had prohibited the company from sanctioning, disbursing, or selling any of its ...
The Company is committed to upholding the highest standards of compliance and will continue to ensure that the remedial ...
The Reserve Bank of India has lifted its restrictions on IIFL Finance's gold loan business, effective immediately. These ...
RBI had barred IIFL Finance from disbursing gold loans citing supervisory concerns in March 2024. RBI now lifting its ...