The Reserve Bank of India has lifted its restrictions on IIFL Finance’s gold loan business, effective immediately. These limitations were placed in March 2024 and prevented various gold loan activities. IIFL Finance has pledged to uphold high compliance standards moving forward. The company’s shares declined by 5.75%, closing at Rs 498.40 on the BSE.
Related Posts
Hyundai IPO GMP crashes: Hyundai Motor India’s issue opens today – here’s what analysts recommend
Hyundai IPO: Investors should consider holding Hyundai Motor India shares for at least a year to achieve substantial returns. Despite a modest listing predicted and […]
NLCIL produces 1,234 crore units of clean power as it treads green path
NLCIL has produced 1,234 crore units of green power, reducing carbon dioxide emissions by one crore tonne. The company aims for a renewable energy capacity […]
At 6%, rural FMCG growth 2x of urban
Driven by a favorable monsoon season, rural India witnessed a surge in FMCG consumption during the September quarter, outpacing urban growth. While rural areas thrived, […]