Reserve Bank lifts ban on IIFL Finance's gold loan business
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 Shares Jump as India Regulator Lifts Ban on Its Gold Loans
IIFL Finance Ltd.’s shares surged to their highest in more than six months after India’s central bank lifted restrictions on its gold-backed lending business.
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,
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.
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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