IIFL Finance, RBI and gold loan
IIFL Finance Stock Soars 13% After RBI Lifts Gold Loan Restrictions
Shares of IIFL Finance surged over 13% after the Reserve Bank of India lifted restrictions on its gold loan business. The restrictions had been in place since March 2024. The RBI's decision allows IIFL Finance to resume its gold loan operations immediately,
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
IIFL Finance Shares Surge After RBI Lifts Gold Loan Restrictions
IIFL Finance shares jumped over 13% after the Reserve Bank of India lifted restrictions on its gold loan business, which were imposed in March 2024.
India's IIFL Finance says cenbank lifts curbs on its gold loan business
IIFL Finance said on Thursday that India's central bank has lifted the restrictions on the company's gold loan business, in what would be the removal of a key overhang on the lender. The Reserve Bank of India (RBI) in March ordered the company to stop offering gold loans,
RBI lifts ban on IIFL Finance: Stock zooms over 13%; BUY? Check target price
In a much-needed relief for IIFL Finance, the Reserve Bank of India (RBI) has lifted ban on its gold loan business. Post the ban lift, Jefferies estimates the company's profits to grow at 50% CAGR over FY25-27.
RBI lifts gold loan curbs on IIFL Finance
RBI has lifted the restrictions on IIFL Finance's gold loan operations, effective immediately. These restrictions were placed in March due to irregularities in their gold loan business. IIFL Finance assures high compliance standards moving forward.
RBI lifts restrictions on IIFL gold loan business
The restrictions imposed by the central bank had prohibited the company from sanctioning, disbursing, or selling any of its gold loans.
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,
Shohei Ohtani shatters Dodgers records with epic 3-homer, 10-RBI game vs. Marlins
Shohei Ohtani, in addition to joining the 50-50 club, broke a number of Dodgers records with his three-homer, 10-RBI game ...
RBI Governor: Monitoring for any signs of stress in banking sector
Shaktikanta Das, the Governor of the Reserve Bank of India, spoke at length about the strict regulation of the NBFC sector, ...
moneycontrol.com43m
No material change in market outlook post Fed rate cut; all eyes on RBI now: MC Poll
More importantly though, they believe that all eyes are now on the Reserve Bank of India (RBI) and a rate cut by the ...
Grandal homers, Gonzales gets an RBI single in the 8th to push Pittsburgh past St. Louis 3-2
Yasmani Grandal homered, Nick Gonzales drove in the winning run with a single in the eighth inning, and the Pittsburgh ...
RBI Governor: 7.5% GDP growth for India is sustainable
The Governor of the Reserve Bank of India, Shaktikanta Das, joins CNBC's Tanvir Gill in an exclusive interview to discuss ...
MLB2h
Denzel Clarke's go-ahead RBI single
A's No. 10 prospect Denzel Clarke takes the lead on an RBI single in the 10th for Double-A Midland in Game 2 of the Texas ...
Grandal homers, Gonzales gets an RBI single to push Pittsburgh past St. Louis 3-2
Nick Gonzales drove in the winning run with a single in the eighth inning, and the Pittsburgh Pirates beat the St. Louis ...
cnbctv1813h
RBI approves reappointment of V. Vaidyanathan as MD & CEO of IDFC FIRST Bank
IDFC First Bank has received RBI approval for V. Vaidyanathan’s reappointment as MD and CEO, extending his leadership tenure ...