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India, IIFL Finance and gold loan
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,
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,
Reserve Bank lifted curbs on gold loan business, says IIFL Finance
The Reserve Bank of India has lifted the restrictions on IIFL Finance's gold loan business, allowing the company to resume operations. The ban, imposed in March due to supervisory concerns, had led to a significant decline in IIFL's gold loan book and profits.
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 13% As RBI Lifts Six-Month Ban On Gold Loan Business
IIFL Finance Limited shares on Friday (September 20) experiences a sharp increase in its stock price. This surge in stock prices was in response to a major announcement from the Reserve Bank of India (RBI).
IIFL Finance Soars 13% After RBI Lifts Ban on Gold Loan Segment | Growth & Expansion Plans | ET Now
AK Purwar from IIFL Finance talks about the RBI's decision to lift the ban on gold loans, the potential risks of credit downgrade and Fitch's concerns. He also discusses IIFL's growth plans and market strategy.
1d
on MSN
Watch CNBC's full interview with Shaktikanta Das, Reserve Bank of India's Governor
CNBC's Tanvir Gill spoke to Shaktikanta Das, Reserve Bank of India's governor, in an exclusive interview for CNBC ...
devdiscourse
18h
Revolut's Strategic Expansion: Launching in India Next Year
Revolut, a UK-based financial technology firm with over 45 million customers globally, plans to launch in India next year.
Malaysia Sun
3h
Indian bond markets may get high inflows as Fed rate cut has made India's bond market attractive: SBI report
Indian bond markets may witness high inflows in the coming months as the fed rate cut decision has could spark better inflows ...
Conventus Law
1h
India – Conduct Of Defendants In A Quia Timet Action.
India - Conduct Of Defendants In A Quia Timet Action. Legal News and Analysis - India - Intellectual Property - Conventus Law ...
The Telegraph
1d
Reserve Bank of India unlikely to cut interest rate in 2024: SBI chief Setty
The
Reserve
Bank
is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, ...
7d
India's growth potential above 7.5%, says its cenbank chief
India's growth potential is 7.5% or more, the country's central bank chief said on Friday, which is a little above the bank's ...
gulftoday
6d
Reserve Bank of India chief cautions on $315 trillion global debt’s impact on emerging economies
Reserve Bank of India Governor Shaktikanta Das cautioned the world on the rising global debt, which has surged to a ...
14d
Reserve Bank of India governor Shaktikanta Das upbeat on growth despite Q1 dip
India’s real GDP growth moderated to 6.7 per cent in the April-June quarter, which was below the RBI’s projection of 7.1 per ...
8h
RBI approves re-appointment of V Vaidyanathan as IDFC First Bank MD for 3 years
The Reserve Bank of India (RBI) on Thursday approved the re-appointment of V Vaidyanathan as MD, CEO of IDFC First Bank for a ...
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