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RBI, IIFL and gold loan
RBI removes restrictions on IIFL Finance’s gold loan operations
The Company is committed to upholding the highest standards of compliance and will continue to ensure that the remedial actions taken are sustained,’ added IIFL Finance.
RBI Lifts Ban On IIFL Finance’s Gold Loan Business
IIFL Finance Limited on Thursday (September 19) through an exchange filing announced that the Reserve Bank of India (RBI) has lifted the restrictions imposed on the company's gold loan business, As per the regulatory filing,
India's IIFL Finance says cenbank lifts curbs on its gold loan business
IIFL Finance said on Thursday that India's central bank has lifted the restrictions on the company's gold loan business, in what would be the removal of a key overhang on the lender. The Reserve Bank of India (RBI) in March ordered the company to stop offering gold loans,
RBI lifts curbs on IIFL Finance
In an exchange filing, the company said, “the RBI's decision to lift restrictions is effective immediately and allows the company to resume sanctioning, disbursal, assignment, securitisation, and sale of gold loans in compliance with all relevant laws and regulations.
Reserve Bank lifts ban on IIFL Finance's gold loan business ahead of festive season
The private sector non-banking financial company (NBFC) said that the RBI's decision is effective immediately and allows it to resume providing gold loans, according to the regulatory filing.
38m
Shohei Ohtani shatters Dodgers records with epic 3-homer, 10-RBI game vs. Marlins
Shohei Ohtani, in addition to joining the 50-50 club, broke a number of Dodgers records with his three-homer, 10-RBI game ...
Opinion
The Financial Express
2h
Opinion
RBI unlikely to cut rates soon, but prolonged elevation could harm economy
Our central bank may not immediately follow what Fed has done, but rates should not remain elevated for very long.
7h
With Fed cutting rate, will the RBI follow suit? Analysts weigh in
The Federal Reserve’s 50 basis points (bps) rate cut has raised expectations of ripple effects on India’s economy and ...
3d
on MSN
RBI Governor: Monitoring for any signs of stress in banking sector
Shaktikanta Das, the Governor of the Reserve Bank of India, spoke at length about the strict regulation of the NBFC sector, ...
devdiscourse
1d
RBI Hesitant on Rate Cut Amid Food Inflation Concerns
The Reserve Bank of India (RBI) is unlikely to lower the benchmark policy rate in 2024 due to uncertainties over food ...
6d
RBI Governor Signals No Policy Change Despite Inflation Dip
Reserve Bank of India Governor Shaktikanta Das said policymakers must remain steadfast amid some softening in inflation in ...
3d
on MSN
RBI Governor: 7.5% GDP growth for India is sustainable
The Governor of the Reserve Bank of India, Shaktikanta Das, joins CNBC's Tanvir Gill in an exclusive interview to discuss ...
1h
Shohei Ohtani eclipses 50/50 in absurd 3-HR, 2-SB, 10-RBI performance
Shohei Ohtani becomes the first 50/50 player in MLB history with an unreal six-hit, 10-RBI game as the Dodgers clinch a ...
2d
Pete Alonso after five-RBI game in win over Nationals: 'I don't think it comes down to one individual it's a group effort'
Prior to Tuesday night's game, Pete Alonso called a team meeting and said to his teammates, "not so many people saw us here ...
MLB
4h
Michael Harris II's two-homer, four-RBI game vs. Reds
Michael Harris II hammers a solo homer and a three-run home run, driving in four runs against the Reds ...
2h
on MSN
Shohei Ohtani does it! Dodgers star first to 50-50 mark in three-homer, 10-RBI day
Shohei Ohtani becomes the first player to achieve 50 home runs and 50 stolen bases in a single season as the Dodgers beat ...
cnbctv18
8h
RBI approves reappointment of V. Vaidyanathan as MD & CEO of IDFC FIRST Bank
IDFC First Bank has received RBI approval for V. Vaidyanathan’s reappointment as MD and CEO, extending his leadership tenure ...
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