Mumbai (Maharashtra) [India], June 20: IIFL Finance has been recognized by Great Place To Work India as Best Workplace in NBFC Industry for 2024. This is in addition to the earlier recognitions - India's Best Workplaces in BFSI 2024 and the certification - 'Great Place to Work' for the 6th t
IIFL Finance, which caught the eyes of the Reserve Bank of India (RBI) for the significant irregularities in its gold loan portfolio, said it has taken necessary measures to address the identified concerns and prevent their recurrence.
New Delhi [India], June 11: In recent years, trading apps have become quite popular among investors. These apps allow users to buy and sell stocks, futures, options, and other assets from their smartphones or computers. They have transformed how individuals invest and trade. Reputed brokerag
Mumbai (Maharashtra) [India], June 10: IIFL Fintech Fund - India's only early-stage fintech-focused fund backed by a financial services conglomerate - the IIFL Group, has delivered a stellar performance showcasing strong investment acumen of the fund management team during turbulent industry
New Delhi [India], June 1: Leading financial services house IIFL Securities today announced three senior management appointments to bolster its Wealth management platform / equities broking business. IIFL Securities currently manages $23billion worth of AUM (appx INR 1.9 lac crores). It has
In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans.
Mumbai (Maharashtra) [India], May 23: IIFL Home Finance Limited (IIFL HFL) has seen its Asset Under Management (AUM) swell from Rs 28,512 cr in FY23 to Rs 35,499 cr in FY24, witnessing a 25 per cent YoY growth, making the company India's largest affordable housing finance company with an ave
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
Mumbai (Maharashtra) [India], May 11: IIFL Securities Limited, a leading financial services house, today said that it has appointed Nemkumar H, whole-time director on the Board, as the Managing Director with effect from May 15, 2024 for a period of 5 years. R. Venkataraman is currently the C
Mumbai (Maharashtra) [India], April 30: 360 ONE Wealth, earlier known as IIFL Wealth Management, in collaboration with VCCEDGE, has launched the sixth edition of the India Invests (i2) report for FY24. The i2 report offers interesting insights and analyses that have emerged in India's dynami
Mumbai (Maharashtra) [India], April 26: IIFL Samasta Finance, which is one of India's largest non-banking microfinance companies (NBFC-MFI), today said that Former Chairman of NABARD, Dr. Govinda Rajulu Chintala has joined as independent director and Chairman of the Board at IIFL Samasta Fin
New Delhi [India], March 14: IIFL Finance Ltd., a leading non-banking financial company, today announced significant enhancements to its Board of Directors and senior management team.