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1 min read

IIFL Finance emerges as second largest gold loan NBFC

The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…

PTI   


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3 mins read

RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts

Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…

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2 mins read

Prem Watsa-backed Fairfax India commits up to $200 mn to IIFL Finance

Indian-Canadian billionaire Prem Watsa-backed Fairfax India on Wednesday announced its commitment t…

PTI   


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1 min read

IIFL Finance shares bounce back after two days of sharp fall

Shares of IIFL Finance Ltd bounced back on Thursday and climbed nearly 10 per cent after tumbling i…

PTI   


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Public sector banks asked to reassess gold loan process amid debt risk concerns

The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…

ANI   


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2 mins read

RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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1 min read

Swiggy disburses over Rs 450 cr in loans to 8000 restaurant owners

Online food delivery platform Swiggy on Tuesday said it has facilitated over Rs 450 crore in loan d…

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7 mins read

Expect Nifty to end the December series on a positive note, reach a target of 18,900-19,000, says R Venkataraman of IIFL Securities

Even though the Nifty at a multiple of 19.5x offers little upside, R Venkataraman, chairman of IIFL…

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1 min read

Kerala-based ESAF Small Finance Bank looks to raise ₹998 crore through IPO

Kerala-based ESAF Small Finance Bank on Monday filed its Draft Red Herring Prospectus (DRHP) with m…

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2 mins read

Top stocks to watch — HDFC, Tech Mahindra, L&T, Bajaj Finance, IIFL Securities, Sun Pharma, and others

Indian stock-market indices are likely to start lower on Thursday, led by mixed cues from the globa…

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2 mins read

BharatPe raises ₹200 crore in debt to build a loan book of $1 billion by March 2023

Merchant-focused payments startup BharatPe has raised ₹200 crore ($28 million) in debt to build a l…

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1 min read

IIFL Finance Q3 net jumps 78 pc to Rs 193 cr

New Delhi, Jan 28 () India Infoline Finance Ltd on Tuesday reported a 78 per cent increase in conso…

PTI   


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Piramal grp, IIFL Wealth Management create Rs 2,000 cr fund for realty projects

New Delhi, Dec 11 () Piramal Group and IIFL Wealth Management on Wednesday said they have set up Rs…

PTI   


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Mumbai's 'dabbawala' nabbed in loan fraud for promising 61 dabbawalas free scooters

The Mumbai Police has nabbed a self-styled spokesperson of Mumbai's 'dabbawalas' for an alleged loa…

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7 mins read

Gold loan providers in India face a rise in robberies as gold prices rise

Five of those robberies happened in 2020, three in the last three months. While this may seem …

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2 mins read

Smartworks Coworking Spaces files IPO papers with Sebi; eyes Rs 550 crore via fresh issue

Smartworks Coworking Spaces Ltd has submitted initial papers to Sebi for an IPO, aiming to raise Rs…

PTI   


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4 mins read

After Adani, Hindenburg targets SEBI chief, she calls allegations baseless, character assassination

Hindenburg alleged that Buch and her husband had undisclosed investments in obscure offshore funds …

PTI   


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8 mins read

Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head

Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…

PTI   


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3 mins read

Fedbank Financial Services IPO to open on November 22; price band fixed at ₹133-140/sh

The initial public offer (IPO) of Fedbank Financial Services will open for subscription on November…

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3 mins read

Spends management fintech Zaggle’s IPO to open on 14 September

Zaggle Prepaid Ocean Services, a spends management fintech company, said on Monday that its initial…