IIFL Finance has announced a public issue of secured, rated, listed non-convertible debentures (NCDs) to raise up to ₹500 crore. The issue will open on April 7, 2025, and close on April 23, 2025. The NCDs offer a coupon of up to 10.25% per annum. The base issue size is ₹100 crore, with a green […]
IIFL Finance board approves ₹700 crore fundraise via NCDs – CNBC TV18
IIFL Finance on Thursday announced plans to raise up to ₹700 crore through secured, listed, rated, redeemable non-convertible debentures (NCDs) via private placement. In a regulatory filing, the company stated that the Finance Committee of the Board of Directors approved the issuance on March 13, 2025. The fundraising plan includes 70,000 NCDs, incorporating a green-shoe […]
Sensex Today | Stock Market LIVE Updates: Nifty looks at remaining above 23,000, BHEL, HAL in focus
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,071.80, while Sensex ended at 76,293.60. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 3,205.55 points below its record high of 26,277.35. Overnight, […]
IIFL Finance confirms conclusion of I-T search operation – CNBC TV18
IIFL Finance has announced that the Income Tax Department has concluded its search at its registered office and other company locations. The development was disclosed in a regulatory filing under SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. Company Value Change %Change The I-T Department launched a search operation at the registered office and […]
Fitch affirms IIFL Finance’s rating after RBI lifts ban on gold-loan business – CNBC TV18
Fitch Ratings on Monday affirmed IIFL Finance’s ratings with a stable outlook, saying that after the lifting of the ban on new gold-backed lending imposed by the Reserve Bank of India (RBI), the firm’s franchise will gradually stabilise. The RBI in September, had lifted regulatory restrictions it had imposed in March on IIFL Finance’s gold-backed […]
How to avail gold loans at 0.99% interest with zero processing fees – CNBC TV18
IIFL Finance, a leading non-banking financial company (NBFC), is offering gold loans at an interest rate of 0.99% per month. Customers can benefit from zero processing fees on loans taken until October 19, under its “Gold Loan Mela.” The company said it offers competitive loan-to-value (LTV) ratios and digital payment options. Manish Mayank, Zonal Head […]
How to avail gold loans at 1% interest rate with no processing fees – CNBC TV18
IFL Finance, a non-banking financial company (NBFC) in India, is hosting a Gold Loan Mela from September 25 to September 28, 2024, in Delhi and Gurgaon NCR. This event will offer customers the chance to avail gold loans at an interest rate of 1% per month and with zero processing fees. Gold loans are secured […]
Sensex Today | Stock Market LIVE Updates: Nifty looks to sustain at record high levels after Wall Street rally
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session higher. Nifty 50 closed at 25,415.80, while Sensex ended at 83,184.80. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 196.15 points away from its fresh record high of 25,611.95 which […]
MSTC, Tata Power, IIFL Finance, Geojit Financial, Sandur Manganese and more: Top stocks to watch out for on September 20 – CNBC TV18
SUMMARY stocks to watch, MSTC, Tata Power Company, IIFL Finance, Geojit Financial, Sandur Manganese, Indus Towers, Infosys nd more, these are the stocks to watch for today. 1 / 7 MSTC | The Alternative Mechanism (AM), empowered by the Cabinet Committee on Economic Affairs (CCEA) has approved the sale of 100% equity shareholding of MSTC […]
RBI lifts six-month ban on IIFL Finance’s gold loan operations – CNBC TV18
In a significant move, the Reserve Bank of India (RBI) has lifted the restrictions placed on IIFL Finance Limited’s gold loan business. These restrictions, initially imposed on 4th March 2024, prevented the company from sanctioning, disbursing, or selling its gold loans. As of September 19, IIFL can fully resume its gold loan operations. The ban […]