IIFL Finance has appointed former RBI Deputy Governor B P Kanungo as its non-executive chairman, leveraging his extensive experience in cen...

PNB 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 is bolstering its leadership team with the appointment of Ajay Sachdewa as group chief business officer and Aarti Marwaha...

The housing finance industry is experiencing significant leadership changes as three managing directors have resigned in recent weeks. Mani...

Former RBI Deputy Governor BP Kanungo is set to join IIFL Finance as an independent director, succeeding AK Purwar. This appointment follow...

IIFL Finance, under scrutiny by the RBI for irregularities in its gold loan portfolio, has taken corrective actions to address concerns. RB...

RBI initiates special audit for IIFL Finance Ltd and JM Financial Products Ltd due to gold loan concerns. Inspection revealed deviations in...

The Reserve Bank of India has initiated special audits for IIFL Finance Ltd and JM Financial Products Ltd to further investigate regulatory...

The 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...

Japan's Softbank is likely to sell $135 million worth of stake in food delivery company Zomato through a block deal, according to news repo...

The 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...

Purwar 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...

Sanjay brings over 24 years of experience across varied industries viz. Financial Services (Wealth Management, Asset Management, NBFC, Insu...

IIFL Asset Management (IIFL AMC) has appointed Manoj Shenoy as its chief executive officer with effect from February 2, 2021, said a statem...

Financial services firm IIFL Holdings today announced the appointment of Sumit Bali as CEO and Executive Director (ED) of its subsidiary In...

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...

The demerger, followed by listing will involve three units -- IIFL Finance (loans and mortgages); IIFL Wealth (wealth and asset management)...