RBI, gold loan business and IIFL Finance
India's IIFL Finance jumps 13% after cenbank lifts curb on gold loan business
Shares in India's IIFL Finance jumped about 13% on Friday, after the country's central bank lifted restrictions on the non-banking financial company's gold loan business, removing a key overhang on its financials and stock.
IIFL Finance shares surge 11% as RBI lifts curbs on gold loan biz
The RBI's decision will allow the company to resume the sanctioning, disbursal, assignment, securitisation, and sale of gold loans, says the NBFC
RBI removes restrictions on IIFL Finance’s gold loan operations
IIFL Finance Ltd, on Thursday, announced that the Reserve Bank of India (RBI) has removed the restrictions previously placed on its gold loan business.
IIFL Finance spurts after RBI lifts curbs on gold loan biz
IIFL Finance surged 11.88% to Rs 553 after the Reserve Bank of India (RBI) has lifted the restrictions imposed on the gold loan business of the company.
RBI Lifts Ban On Gold Loan Business Of IIFL Finance, Bringing Huge Relief, Allowance Effective!
The RBI has lifted the ban on IIFL Finance's gold loan business, providing much-needed relief. This decision is effective immediately. Investors are now contemplating the implications of this news on IIFL Finance's brokerage,
RBI Lifts Ban On IIFL Finance’s Gold Loan Business
IIFL Finance Limited on Thursday (September 19) through an exchange filing announced that the Reserve Bank of India (RBI) has lifted the restrictions imposed on the company's gold loan business, As per the regulatory filing,
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