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RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns" in its gold loan portfolio.
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Top Abu Dhabi Wealth Fund To Buy 20% Stake In IIFL Finance's Housing Loan Arm; Shares Jump 8%
A wholly-owned arm of Abu Dhabi Investment Authority (ADIA) will invest Rs 2,200 crore for a 20 per cent stake in IIFL Home Finance.
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IIFL Finance Offers Gold Loan At Interest Rate Of 0.54% Per Month
IIFL Gold Loan offers longer tenure which extends up to 24 months, allowing customers to manage cash flow better.
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IIFL Finance To Raise Rs 1,000 Crore Through Secured Bonds: All You Need To Know
IIFL Finance plans to raise Rs 1,000 crore by opening a public issue of secured bond son September 27, aimed at capital augmentation and business growth. The bonds offer upto 8.5 per cent of yield and high degree of safety, according to a recent statement shared by the non-banking financial company.
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IIFL Finance Offers 0.79% Interest Rate On Gold Loan: All You Need To Know
IIFL Finance has launched the DigiGold Loan facility, where customers can avail interest payment and top-up options through the digital modes
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Manappuram Finance Manager Arrested In Rs 20 Crore Robbery In Odisha: Cops
The manager of a branch of Manappuram Finance Ltd has been detained in connection with the robbery of gold and valuables, worth around Rs 20 crore, from a branch of IIFL in Cuttack, a senior police officer said on Friday.
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Over 25kg Gold Ornaments Stolen From Loan Branch In Punjab
In a broad daylight robbery, five men looted over 25 kg of ornaments at gunpoint from a gold loan branch of India Infoline Finance Ltd in Ludhiana's Gill Road area on Monday morning.
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Fair Trade Regulator Clears CDC Group's Stake Buy In India Infoline Finance
British major CDC Group's deal to acquire a more than 15 per cent stake in India Infoline Finance Ltd (IIFL) has been approved by the Competition Commission of India (CCI).
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IIFL Holdings Surges 12% On Rs 1,000 Crore Investment In Finance Arm
Shares of IIFL Holdings surged as much as 11.6 per cent to hit fresh 52-week high of Rs 249 after the financial services company announced that UK-based CDC Group would invest Rs 1,000 crore in its non-banking finance company India Infoline Finance Ltd (IIFL Finance).
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British Government Fund To Invest Rs 1,000 Crore In IIFL Finance
IIFL Group on Wednesday roped in Britain's CDC Group, the world's oldest development finance institution, to expand its non-banking finance business under which the UK government fund will pump in Rs 1,000 crore for a 15 per cent stake.
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Investment Board Approves 6 FDI Proposals Worth Rs 1,900 Crore
Inter-ministerial body FIPB today cleared six foreign investment proposals, including that of IIFL Holdings, and Sharekhan worth about Rs 1,900 crore.
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Investment Board to Consider 7 FDI Proposals on Friday
The Foreign Investment Promotion Board (FIPB) will on Friday consider foreign investment proposals by seven companies, including IIFL Holdings, Volkswagen Finance Pvt Ltd and Sharekhan Ltd.
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Investment Board to Consider 7 FDI Proposals on October 30
The Foreign Investment Promotion Board (FIPB) will consider foreign investment proposals by seven companies, including IIFL Holdings, Volkswagen Finance Pvt Ltd and Sharekhan Ltd, on October 30.
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IIFL Home Finance Cuts Lending Rate
India Infoline Housing Finance (IIHFL) on Wednesday reduced its home loan rates by 25 basis points, or 0.25 per cent, to 9.90 per cent with immediate effect.
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India Infoline Finance Appoints Rajashree Nambiar as CEO
India Infoline Finance (IIFL), a non-banking finance company (NBFC) subsidiary of India Infoline, on Monday said it has appointed Rajashree Nambiar as its chief executive officer.
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RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns" in its gold loan portfolio.
-
Top Abu Dhabi Wealth Fund To Buy 20% Stake In IIFL Finance's Housing Loan Arm; Shares Jump 8%
A wholly-owned arm of Abu Dhabi Investment Authority (ADIA) will invest Rs 2,200 crore for a 20 per cent stake in IIFL Home Finance.
-
IIFL Finance Offers Gold Loan At Interest Rate Of 0.54% Per Month
IIFL Gold Loan offers longer tenure which extends up to 24 months, allowing customers to manage cash flow better.
-
IIFL Finance To Raise Rs 1,000 Crore Through Secured Bonds: All You Need To Know
IIFL Finance plans to raise Rs 1,000 crore by opening a public issue of secured bond son September 27, aimed at capital augmentation and business growth. The bonds offer upto 8.5 per cent of yield and high degree of safety, according to a recent statement shared by the non-banking financial company.
-
IIFL Finance Offers 0.79% Interest Rate On Gold Loan: All You Need To Know
IIFL Finance has launched the DigiGold Loan facility, where customers can avail interest payment and top-up options through the digital modes
-
Manappuram Finance Manager Arrested In Rs 20 Crore Robbery In Odisha: Cops
The manager of a branch of Manappuram Finance Ltd has been detained in connection with the robbery of gold and valuables, worth around Rs 20 crore, from a branch of IIFL in Cuttack, a senior police officer said on Friday.
-
Over 25kg Gold Ornaments Stolen From Loan Branch In Punjab
In a broad daylight robbery, five men looted over 25 kg of ornaments at gunpoint from a gold loan branch of India Infoline Finance Ltd in Ludhiana's Gill Road area on Monday morning.
-
Fair Trade Regulator Clears CDC Group's Stake Buy In India Infoline Finance
British major CDC Group's deal to acquire a more than 15 per cent stake in India Infoline Finance Ltd (IIFL) has been approved by the Competition Commission of India (CCI).
-
IIFL Holdings Surges 12% On Rs 1,000 Crore Investment In Finance Arm
Shares of IIFL Holdings surged as much as 11.6 per cent to hit fresh 52-week high of Rs 249 after the financial services company announced that UK-based CDC Group would invest Rs 1,000 crore in its non-banking finance company India Infoline Finance Ltd (IIFL Finance).
-
British Government Fund To Invest Rs 1,000 Crore In IIFL Finance
IIFL Group on Wednesday roped in Britain's CDC Group, the world's oldest development finance institution, to expand its non-banking finance business under which the UK government fund will pump in Rs 1,000 crore for a 15 per cent stake.
-
Investment Board Approves 6 FDI Proposals Worth Rs 1,900 Crore
Inter-ministerial body FIPB today cleared six foreign investment proposals, including that of IIFL Holdings, and Sharekhan worth about Rs 1,900 crore.
-
Investment Board to Consider 7 FDI Proposals on Friday
The Foreign Investment Promotion Board (FIPB) will on Friday consider foreign investment proposals by seven companies, including IIFL Holdings, Volkswagen Finance Pvt Ltd and Sharekhan Ltd.
-
Investment Board to Consider 7 FDI Proposals on October 30
The Foreign Investment Promotion Board (FIPB) will consider foreign investment proposals by seven companies, including IIFL Holdings, Volkswagen Finance Pvt Ltd and Sharekhan Ltd, on October 30.
-
IIFL Home Finance Cuts Lending Rate
India Infoline Housing Finance (IIHFL) on Wednesday reduced its home loan rates by 25 basis points, or 0.25 per cent, to 9.90 per cent with immediate effect.
-
India Infoline Finance Appoints Rajashree Nambiar as CEO
India Infoline Finance (IIFL), a non-banking finance company (NBFC) subsidiary of India Infoline, on Monday said it has appointed Rajashree Nambiar as its chief executive officer.
