RBI has lifted the restrictions on IIFL Finance’s gold loan operations, effective immediately. These restrictions were placed in March due to irregularities in their gold loan business. IIFL Finance assures high compliance standards moving forward. As of December 2023, their gold loan portfolio was Rs 24,692 crore, representing 32% of their total loans.
RBI lifts gold loan curbs on IIFL Finance

Categories:
Related Post
Climate change is threatening cacao crops, researchers sayClimate change is threatening cacao crops, researchers say
Rising temperatures and shifting rainfall patterns in West Africa, which supplies around 70% of the world’s cacao, are disrupting the crop, affecting both the quantity and quality of beans —

‘Avengers’ stars assemble in roasted Harris ad: ‘New cringe just dropped’‘Avengers’ stars assemble in roasted Harris ad: ‘New cringe just dropped’
Marvel’s “Avengers: Endgame” stars reunited in an ad for the Democratic ticket that was mocked as “new cringe” for the Harris campaign. Actors Robert Downey Jr, Chris Evans, Scarlett Johansson,

Judge rejects request from Georgia death row inmate to be executed by firing squadJudge rejects request from Georgia death row inmate to be executed by firing squad
A federal judge rejected a Georgia death row inmate’s request to be executed by firing squad because he claims that lethal injection could cause him excruciating pain. Michael Wade Nance,