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Reserve Bank lifts ban on IIFL Finance's gold loan business
India's IIFL Finance jumps 13% after cenbank lifts curb on gold loan business
Shares in India's IIFL Finance jumped about 13% on Friday, after the country's central bank lifted restrictions on the non-banking financial company's gold loan business, removing a key overhang on its financials and stock.
IIFL Finance Shares Surge After RBI Lifts Gold Loan Restrictions
IIFL Finance shares jumped over 13% after the Reserve Bank of India lifted restrictions on its gold loan business, which were imposed in March 2024.
RBI Lifts Ban On Gold Loan Business Of IIFL Finance, Bringing Huge Relief, Allowance Effective!
The RBI has lifted the ban on IIFL Finance's gold loan business, providing much-needed relief. This decision is effective immediately. Investors are now contemplating the implications of this news on IIFL Finance's brokerage,
India's IIFL Finance says cenbank lifts curbs on its gold loan business
IIFL Finance said on Thursday that India's central bank has lifted the restrictions on the company's gold loan business, in what would be the removal of a key overhang on the lender. The Reserve Bank of India (RBI) in March ordered the company to stop offering gold loans,
RBI Lifts Ban On IIFL Finance’s Gold Loan Business
IIFL Finance Limited on Thursday (September 19) through an exchange filing announced that the Reserve Bank of India (RBI) has lifted the restrictions imposed on the company's gold loan business, As per the regulatory filing,
52m
India Gold price today: Gold rises, according to FXStreet data
The price for Gold stood at 6,968.89 Indian Rupees (INR) per gram, up compared with the INR 6,949.19 it cost on Thursday. The ...
National Herald
38m
India's gems, jewellery sector vulnerable to money laundering, terrorist financing: FATF
The Paris-headquartered global body said in its mutual evaluation report for India released on Thursday, 19 September that ...
1h
India's Gold Demand To See Boost With Upcoming Festive Season
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
2h
on MSN
Gold Rates Today (20-09-24): check top city wise Gold prices in Delhi, Mumbai, Kolkata, Chennai
The gold price today in Kolkata is 6824 per gram for 22 karat gold and 7444 per gram for 24 karat gold. The Gold price today ...
2d
India's trade deficit widens in August on spike in gold imports, weak exports
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising ...
23h
Gold Prices Fall In India For 3rd Day, Sept 19: Yellow Metal Loses Glitter, Check Latest Gold Price
Gold prices in India declined for 3rd consecutive day after US Federal Reserve slashed interest rates by 50 basis points ...
Bloomberg L.P.
1d
India’s IIFL Finance Faces Downgrade Risk On Gold Loan Ban
Indian shadow lender IIFL Finance Ltd is facing a threat of credit rating downgrade as early as this week, as a months-long ...
2d
on MSN
India’s gold imports triple amid festive demand, lower import duty
India’s gold imports surged driven by a steep cut in import duty and rising demand ahead of the peak festive season. In terms ...
3d
Octa broker forecast: what factors will affect the gold rate in India
DUBAI, United Arab Emirates, Sept. 16, 2024 (GLOBE NEWSWIRE) -- The price of gold is determined by market supply and demand - ...
2h
Chess Olympiad: Indian men's team takes another step towards gold
India continued its dominance at the 45th Chess Olympiad with a convincing win over Iran in the Open section. Arjun Erigaisi, ...
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