RBI lifts restrictions on IIFL Finance's gold loan business
Thursday, 19 September 2024 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.
RBI has lifted the restrictions on IIFL Finance's gold loan operations, effective immediately. These restrictions were placed in March due to irregularities in... IndiaTimes