Faced with RBI audit, IIFL Finance delays Board meet for earnings release

May 28, 2024

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its...

Reducing interest payments on operating loans, mortgage repayments may expand China's financial risks

Feb 02, 2024

China's mortgage interest rates have been reduced, and the number of people buying houses with higher interest rate loans has decreased. For interest expenses,...

Reserve Bank bars IIFL Finance from sanctioning new gold loans

Mar 04, 2024

The Reserve Bank of India has directed IIFL Finance Ltd. (the company) to stop sanctioning or disbursing gold loans or assigning, securitising, or selling...

Banks hike lending rates, loans to get costlier

Jun 01, 2022

Mumbai (Maharashtra) [India], June 1 : Leading private sector and government-run lenders including Punjab National Bank, ICICI Bank and mortgage lender HDFC have hiked...

Get a Bajaj Finserv gold loan at interest rates starting just 0.83 per cent per month

Mar 09, 2023

Pune (Maharashtra) [India], March 9 (ANI/NewsVoir): To help borrowers get a loan against their gold jewellery, Bajaj Finserv offers gold loans starting just 0.83...

RBI finds irregular practices in loans against pledge of gold ornaments, entities advised to review policy

Sep 30, 2024

RBI has found irregular practices in the grant of loans against pledges of gold ornaments and jewelry by some entities. It has thus advised...