Wed, Oct 16, 2024
IIFL Finance is offering gold loans at 0.99 per cent interest rate per month with zero processing fees until October 19, 2024, under its ongoing Gold Loan Mela. According to the official release, one of India’s leading non-banking financial companies (NBFC) aims to provide affordable loans to individuals in need of immediate financial assistance through this Gold Loan Mela, helping them avail gold loans at lower costs.
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Tue, Sep 24, 2024
IIFL Finance Gold Loan: IIFL Finance, one of India’s leading non-banking financial companies (NBFC), is hosting a Gold Loan Mela from September 25 to September 28, in Delhi and Gurgaon NCR. During this limited-time event, customers can avail gold loans at an attractive flat interest rate of just 1 per cent per month, with zero processing fees (NIL PF).
Stock of the Day: Today Anil Singhvi gave buying advice in PNB Cash, Neogen Chemicals, Paytm, IIFL Finance, & GMR Power.
Fri, Sep 20, 2024
Stock of the Day: Today Anil Singhvi gave buying advice in JSW Steel Futures, Balrampur Chini Futures, ITD Cementation & IIFL Finance. What is stoploss and targets? See in this video.
Even as the gold loan business of IIFL Finance, global brokerage did not has any material evidence showing benefit being drawn by other players in the industry.
Tue, May 28, 2024
In a regulatory filing to the stock exchanges, the financial services company said that the finalisation and the subsequent consideration and approval of the financial results for the quarter and year ended March 31, 2024, shall be extended beyond May 30, 2024.
Sun, Mar 24, 2024
Audit firms empanelled by the Securities and Exchange Board of India (Sebi) for forensic audit can participate in the tendering process, and the last date for submission of bids is April 8, as per the tender document published by the Reserve Bank of India.
Wed, Mar 13, 2024
The board has approved fundraising for an amount not exceeding Rs 1,500 crore by way of issue of shares on a right basis to its existing eligible shareholders as on the record date (to be fixed in due course) in accordance with applicable provisions, IIFL Finance said in a regulatory filing.
Wed, Mar 06, 2024
At the close, Nifty ended at 22,474, up 117.75 points or 0.53 per cent. Meanwhile, broader markets languished and ended lower amid profit booking.
The RBI in a statement had said certain material supervisory concerns were observed in the gold loan portfolio of the company.
Tue, Mar 05, 2024
IIFL share price: As of 9:54 a.m., shares of IIFL Finance slipped 20 per cent, or Rs 119.6, to Rs 478.5 apiece. The market capitalisation of the company at around the same time stood at Rs 18,253.97 crore.
Wed, Jan 17, 2024
IIFL Finance declares Rs 4 dividend - Check record date and other details
Sat, Dec 23, 2023
According to the bulk deal data available with the BSE, FIH Mauritius Investments offloaded 2,16,02,000 crore shares, representing a 5.7 per cent stake in IIFL Finance Ltd.
Tue, Nov 21, 2023
"This has cemented IIFL Finance's position as the second largest gold loan provider in India in terms of AUM," IIFL Finance head of Gold Loan Business Saurabh Kumar, said.
Fri, Jul 28, 2023
While gold loans grew 29 per cent, home finance jumped 23 per cent, and microfinance loans soared 63 per cent, and loans against property grew 54 per cent, pushing the overall loan sales by 31 per cent to Rs 68,178 crore, of which off-book assets stood at Rs 26,663 crore, up 45 per cent, the company said in a statement.
Fri, May 05, 2023
These 22 financial companies include Godrej Finance, Amazon Pay (India) Pvt Ltd, Aditya Birla Housing Finance, Tata Motors Finance Solution, IIFL Finance, Mahindra Rural Housing Finance Ltd, Uniorbit Payment Solutions Limited, and V Creditline Limited.
Mon, Jun 13, 2022
Shares of IIFL Finance declined nearly five per cent in Monday's intraday trade after British International Investment PLC offloaded 1.6 crore equity shares in the company via open market transactions on June 10.
Fri, Jun 10, 2022
Shares of IIFL Finance Limited jumped over eight percent in Friday's intraday trade after the company said that its subsidiary company has entered into an agreement to raise Rs 2200 crore.
Wed, Dec 08, 2021
Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday offloaded IIFL Finance shares worth over Rs 180 crore through an open market transaction.
Wed, Dec 01, 2021
Canadian billionaire Prem Watsa-backed Fairfax Group on Wednesday divested 3.2 per cent stake in IIFL Finance for Rs 365 crore through an open market transaction.
Wed, Oct 27, 2021
IIFL Finance reported a 37 per cent rise in net profit at Rs 291.60 crore in the second quarter ended September.
Thu, Sep 23, 2021
IIFL Finance will open a public issue of secured bonds on September 27, 2021 to raise up to Rs 1,000 crore, for the purpose of business growth and capital augmentation, the company said in a media release.
Thu, Nov 05, 2020
Growth was quite reasonable in microfinance and home loans, there is an improvement in their outlook. But the growth in the gold loan was very good because the cost of gold prices has increased a lot due to which people can get more money on it
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