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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...
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...
InCred Holdings files updated draft IPO papers with Sebi; eyes Rs 1,250 cr via fresh issueRetail-focused NBFC InCred Holdings has filed updated draft papers with Sebi for its proposed IPO, aiming for a valuation of around Rs 15,0...
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...
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...
Phoenix ARC buys two stressed loans from IIFLIt has offered 15% cash and 85% security receipts for the loans that include one project in Noida and another in Jogeshwari, Mumbai. Phoeni...
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...
IIFL Finance aims to triple co-lending to over Rs 13,000 crore“IIFL Finance has transformed its business model from being a pure non-bank lender to increasingly a co-lending partner with banks,” said N...
IIFL Finance Q3 Results: Profit up 15% at Rs 310 croreThe non-banking financial company said it has a liquidity comfort at an all-time high at Rs 9,145 crore, which is adequate to meet not only...
Digital India’s fastest growing & sustainable home finance company, IIFL Home Finance Ltd. disbursed loans of almost ₹3000 cr, in H1 of 2021-2022 FY
Need a loan? Just say 'Hi' on Whatsapp and get Rs 10 lakh instantly. Here's how to applyAccording to IIFL Finance, users can get a loan of up to Rs 10 lakh in few minutes by just saying hi on the messaging app.
CSB Bank, IIFL Finance join hands to offer gold loans in untapped locationsUnder the partnership, IIFL, a non-banking financial company, will act as a business correspondent of CSB Bank and will source new business...
IndoStar to buy CV finance business of IIFL FinanceSince 2015, IndoStar has been building its retail lending business which accelerated last year with the set-up of CV finance and Affordable...
IIFL Finance raises Rs 325 cr via masala bonds from UK's CDC GroupCDC has a minority stake in IIFL Finance (India Infoline Finance Ltd).
IIFL raises Rs 325 crore from UK firmThe move reflects increasing investor interest in domestic non-banking companies that are trying to gain market share from banks, which are...
New offer from IIFL Finance: 4,000 jobs!IIF has poached ace banker Sumit Bali from Kotak Mahindra Bank to head the non-banking unit as its chief executive officer (CEO): The compa...
UK government arm pumps Rs 1,000 crore into IIFL FinanceCDC's investment will help IIFL Finance to expand its business and address the capital needs of under-served segments through diversified o...
British government fund CDC to invest Rs 1,000 crore in IIFL FinanceThis investment makes a second coming for the UK government-owned development finance institution as the CDC Group was the first private eq...