iifl

Only operational issues, no ethical violation, says IIFL Finance | Top Vip News

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[ad_1] On Tuesday morning, IIFL Finance shares opened down 20% as investors dumped their shares after the banking regulator issued a statement on Monday evening detailing some rulings. “We want to make it unequivocally clear that there are no ethical or governance issues,” CEO Nirmal Jain said on a call with analysts on Tuesday. “These … Read more

Gold loan providers Manappuram and Muthoot move closer as IIFL Finance shares sink under RBI whip | Top Vip News

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[ad_1] Story continues below Shares of gold mortgage lenders Manappuram Finance Ltd and Muthoot Finance Ltd rose as much as 14 per cent on March 5 after the RBI imposed curbs on rival IIFL Finance over material oversight concerns over its gold loan portfolio. IIFL Finance stock reacted to the central bank’s move and hit … Read more