India, IIFL Finance and gold loan business
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 rise 12% as RBI lifts restrictions on gold loan business
IIFL Finance stock surged 12.33% to Rs 555.25 against the previous close of Rs 494.30. Market cap of the firm climbed to Rs 22,972 crore.
IIFL Finance share price zooms 13% as RBI lifts ban on gold finance biz
The uptick in IIFL Finance share price came after the Reserve Bank of India (RBI) lifted ban on the company's gold finance business.
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.
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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