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IIFL FINANCE APPOINTMENT
Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
KIFS Housing Finance appoints Selvin Uthaman as CEOUthaman previously served as Chief Business Officer at Aavas Financiers. His expertise lies in building retail lending businesses and drivi...
IIFL nosedives 17% after receiving income-tax noticeIIFL Finance shares plunged 17% despite a 20% profit rise after receiving an income-tax notice for a past block period. The company deposit...
IIFL Finance appoints former RBI deputy governor B P Kanungo as chairmanIIFL Finance has appointed former RBI Deputy Governor B P Kanungo as its non-executive chairman, leveraging his extensive experience in cen...
PNB Housing shortlists candidates for MD & CEO position, sends names for RBI approvalPNB Housing Finance is close to appointing a new Managing Director and CEO. Four candidates have been shortlisted, with Ajai Shukla of Tata...
IIFL Home Finance strengthens leadership team, Girsih Kousgi likely to take the top slotIIFL Home Finance is bolstering its leadership team with the appointment of Ajay Sachdewa as group chief business officer and Aarti Marwaha...
Churn at the top: Another housing finance chief quits, third in 3 weeksThe housing finance industry is experiencing significant leadership changes as three managing directors have resigned in recent weeks. Mani...
Ex-RBI deputy governor Kanungo may join IIFL boardFormer RBI Deputy Governor BP Kanungo is set to join IIFL Finance as an independent director, succeeding AK Purwar. This appointment follow...
RBI's special audit over, IIFL Finance appoints team to implement corrective actionsIIFL Finance, under scrutiny by the RBI for irregularities in its gold loan portfolio, has taken corrective actions to address concerns. RB...
RBI plans a special audit for breaches by IIFL Finance, JM Financial Products LtdRBI initiates special audit for IIFL Finance Ltd and JM Financial Products Ltd due to gold loan concerns. Inspection revealed deviations in...
RBI to conduct special audit for regulatory breaches by IIFL Finance, JM Financial ProductsThe Reserve Bank of India has initiated special audits for IIFL Finance Ltd and JM Financial Products Ltd to further investigate regulatory...
IIFL Finance board clears Rs 2,000 crore fundraiseThe company said that it plans to raise ₹1,500 crore by way of fast track rights issue before the end of June 2024 while the NCDs will be r...
Stocks in news: IDFC First Bank, Zomato, IIFL Securities, Five-Star Business, OlectraJapan's Softbank is likely to sell $135 million worth of stake in food delivery company Zomato through a block deal, according to news repo...
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...
IIFL Finance appoints former SBI boss as chairmanPurwar is a veteran banker and was Chairman of the country’s largest bank - State Bank of India from November 2002 to May 2006. He was cred...
IIFL Wealth and Asset Management appoints Sanjay Wadhwa as chief financial officerSanjay brings over 24 years of experience across varied industries viz. Financial Services (Wealth Management, Asset Management, NBFC, Insu...
IIFL Asset Management appoints Manoj Shenoy as CEOIIFL Asset Management (IIFL AMC) has appointed Manoj Shenoy as its chief executive officer with effect from February 2, 2021, said a statem...
IIFL Holdings appoints Sumit Bali as CEO, ED of India lnfolineFinancial services firm IIFL Holdings today announced the appointment of Sumit Bali as CEO and Executive Director (ED) of its subsidiary In...
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...
IIFL Holdings to demerge capital, wealth, finance business in one yearThe demerger, followed by listing will involve three units -- IIFL Finance (loans and mortgages); IIFL Wealth (wealth and asset management)...