Thu, Oct 17, 2024
In a statement on Thursday, the Central Bank said that the action is based on material supervisory concerns observed in the pricing policy of these companies in terms of their Weighted Average Lending Rate (WALR) and the interest spread charged over their cost of funds.
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Thu, Sep 19, 2024
The Reserve Bank of India (RBI) on Thursday lifted certain restrictions on IIFL Finance's gold loan business. The central bank had imposed the restrictions on the company in March.
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