Searched for
IIFL GOLD LOAN
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's whyShares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US...
IIFL Finance nets $500 million in overseas bond salesIIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...
Top gold loan companies expand bullion holdings to record levels in FY26India's top gold loan firms, Muthoot Finance, Manappuram Finance, and IIFL Finance, collectively hold a record 334 tonnes of gold. This amo...
RBI imposes penalty on IIFL FinanceThe Reserve Bank of India has fined IIFL Finance Rs 3.1 lakh for not returning surplus amounts from gold auctions to borrowers. Appnit Tech...
Metal stocks shine as global base metal rally lifts investor sentimentMetal stocks surged on Tuesday, mirroring a sharp rally in global base metal prices driven by supply disruptions and robust demand. Gold lo...
Manappuram Finance, IIFL Finance, other stocks rally up to 11% as gold prices soar after import duty hikeShares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on g...
Higher gold import duty may boost gold loan demand, says Nirmal JainIncreased import duties on gold, while potentially impacting jewellery demand, present new opportunities for the gold loan industry. Higher...
Smallcaps rally! IIFL Finance, Hindustan Copper, Meesho, other stocks jump up to 7%Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurr...
IIFL Finance plans to raise $400 million in ECBsIIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arra...
NBFCs doing well, but Iran war, margins cloud road aheadNon-banking finance companies anticipate strong growth in the upcoming quarter. However, rising funding costs may limit profit margins. Ana...
IIFL Finance plans Rs 2000 crore retail bond sale next weekIIFL Finance plans a retail bond issuance of Rs 2,000 crore next week to support its business growth that more than doubled in a year, back...
IIFL Finance shares rally 12% as RBI lifts curbs on gold loan businessIIFL Finance Share Price: IIFL Finance shares surged 12.3% after the Reserve Bank of India lifted restrictions on its gold loan business. T...
Reserve Bank lifted curbs on gold loan business, says IIFL FinanceThe Reserve Bank of India has lifted the restrictions on IIFL Finance's gold loan business, allowing the company to resume operations. The ...
RBI lifts restrictions on IIFL Finance's gold loan businessThe Reserve Bank of India has lifted restrictions on IIFL Finance's gold loan operations, effective immediately. This decision ends a hiatu...
Fairfax arm infuses Rs 500 crore into IIFL Finance: SourcesFairfax's Odyssey Reinsurance offers Rs 500 crore debt to IIFL Finance for gold loans. Prem Watsa's subsidiary provides secured, rated bond...
IIFL Finance to receive $200 mn liquidity support from Fairfax after RBI banIIFL Finance announces a $200 million liquidity support from top shareholder Fairfax India, following the Reserve Bank of India's directive...
IIFL Finance plunges 20% post RBI ban on gold loansManappuram Finance and Muthoot Finance, two of the country's top gold financing companies, rose as the central bank's move is expected to b...
Muthoot Finance, Manappuram Finance shares soar up to 14% after RBI action against IIFL FinanceMuthoot's shares hit the day's high of Rs 1,527 on the NSE supported by strong volume action in the stock. Around 11 am today, more than 6....
RBI bans IIFL Finance from giving gold loans due to serious deviationsGold loans constitute 32% or Rs 20,733 crore of IIFL Finance's total assets under management as of March 31, 2023, according to the finance...
RBI bars IIFL Fin from sanctioning gold loans for supervisory concerns that ‘significantly, adversely’ affect customersThe Reserve Bank of India (RBI) directed IIFL Finance to halt sanctioning and disbursing gold loans immediately due to material supervisory...