Tag: gold loans

IIFL Finance planning Rs 1,500 cr rights issue to shore up capital adequacy

IIFL Finance | Photo: Facebook IIFL Finance, which is facing curbs on its gold loan business, is planning to

Brokerage firm Jefferies has downgraded its rating on IIFL Finance following RBI’s directive to the company to stop incremental gold

The standalone net profit of gold loan lender Muthoot Finance has achieved a 14 per cent growth at ₹984 crore

Owing to regulatory reasons, it’s raining initial public offerings of small finance banks (SFBs). Utkarsh SFB started the trend and

Banks’ loans against gold jewellery (LAGJ) portfolio could cross the ₹1-lakh crore mark in the next few months, going by

Karnataka Grameen Bank, South India’s largest Grameen Bank, generated business of Rs. 61,203 crore in FY22-23 as against Rs. 57,210

Bank of Maharashtra (BoM) will grow its progress At about 1.5 times the banking industry average trying to cross the

NBFC Gold Loan Mathoot Finance Limited. It recorded a net profit of Rs.3474 crore in FY23 as against Rs.3954 crore

Manimkhalay, Managing Director and CEO, said in an interaction with business line. While a few retail, MSME (micro, small, and