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 Surge as RBI Lifts Gold Loan Restrictions
Shares of IIFL Finance surged over 7 per cent after the Reserve Bank of India lifted restrictions on its gold loan business. The company's market valuation saw a significant increase, and trading volumes were substantial on both BSE and NSE.
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).
India's IIFL Finance jumps 13% after cenbank lifts gold loan ban
By Dimpal Gulwani and Siddhi Nayak BENGALURU/MUMBAI (Reuters) -Shares of India's IIFL Finance surged 13% on Friday, after the country's central bank revoked an earlier ban on the non-bank lender's gold loan business.
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 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.
Insurtech company Functional Finance lands $20m Series A funding
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EQT To Buy India-based Indostar Home Finance For $210 Mln
EQT Corp. (EQT), an investment organization, announced Friday its agreement to acquire Indostar Home Finance, an Indian affordable ...
EQT Buys Indian Home-Finance Provider for $209 Mln
STOCKHOLM--EQT will acquire Indian affordable-housing finance company IndoStar Home Finance from IndoStar Capital Finance for 17.5 billion Indian rupees (209.3 million).
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EQT to acquire Indostar Home Finance, an Indian affordable housing finance company, for INR 17.5...
EQT is pleased to announce that the BPEA Mid-Market Growth Partnership (or “the MMG fund”) has agreed to acquire a 100% stake in Indostar Home Finance (or “the Company”), a wholly owned subsidiary of ...
Buy Cholamandalam Investment and Finance Company; target of Rs 1850: Sharekhan
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