High costs pull India Inc's foreign borrowing down 51%The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits...
ECB filings halve to USD 5.43 billion in March: RBIIndian companies and lenders saw foreign borrowing filings drop significantly in March. This reduction occurred amidst global financial mar...
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...
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...
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...
Indian household gold higher than gold reserves of world's top 10 central banks: AssochamIndia’s households now hold more gold than the top 10 central banks combined, with estimates ranging from $2.4 trillion to $10 trillion. As...
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.
IIFL Home Finance signs pact with PNB for co-lendingThis is the fourth agreement signed by IIFL Home Finance with banks. Earlier this year, it signed agreements with ICICI Bank, Central Bank ...
IIFL Home Finance ties up with Standard Chartered Bank for co-lending“Under this partnership, IIFL Home Finance Ltd and the Standard Chartered Bank will co-originate these loans and the IIFL Home Finance Ltd ...
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...
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...
Gold loan business drives IIFL Net up 19% at Rs 61.90 croreOn consolidated basis, IIFL group's net profit marginally grew 2.2 per cent to Rs 278.1 crore as against Rs 272.2 crore in FY'14.