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IIFL Finance rose after audit mandated by Reserve Bank concludes, NBFC awaits regulator's response

RBI had appointed Jaipur-based Rajvanshi &amp; Associates to conduct the audit into IIFL Finance's books, sources informed CNBC-TV18.

Stock Radar: SBI, IIFL Finance, NLC India, GPT Infraprojects, LTIMindtree in focus on Wednesday

Container Corporation of India, Wipro, Nuvama Wealth Management, Zee Entertainment Enterprises, Roto Pumps, Texmaco Rail &amp; Engineering, and Uflex will also be in focus on Wednesday.

Special audit begins at IIFL Finance after RBI restricted gold loan sanction

The measure is part of RBI’s supervisory action over concerns around certain loan disbursement practices. IIFL Finance said it is extending full cooperation to the special audit team.

IIFL Finance announces Rs 1,272-cr rights issue at Rs 300 per share; here are the key dates

Rights entitlement ratio has been fixed at one rights equity share for every nine fully paid-up equity shares of the company held by the eligible shareholders

JM Financial trades 4% down, IIFL Finance sheds 5.5% as RBI initiates special audit

JM Financial extended its decline, trading in the red in 11 out of the last 16 sessions, while IIFL Finance lost in 12 sessions. Since early March, IIFL Finance shed over 45 percent, while JM Financial fell nearly 25 percent

Lenders await clarity from RBI, IIFL Finance before reviewing co-lending deals

On March 4, RBI stopped IIFL Finance from sanctioning and disbursing fresh gold loans over material supervisory concerns.

Buy IIFL Finance; target of Rs 560: Motilal Oswal

Motilal Oswal is bullish on IIFL Finance recommended buy rating on the stock with a target price of Rs 560 in its research report dated March 06, 2024.

Fairfax India agrees to provide up to $200-mn liquidity support to IIFL Finance

RBI on Monday barred IIFL Finance from disbursing gold loans, with immediate effect following multiple supervisory concerns

IIFL Finance dives 20% for 2nd day after RBI's gold loan ban; Jefferies downgrades to 'hold'

Analysts believe that the RBI's order can dent IIFL Finance's earnings due to rapid unwinding of profitable gold loan book

Gold loan market may feel heat of RBI's action against IIFL Finance, say experts

Additionally, experts said that IIFL Finance’s co-lending deal with banks will be something to watch out for.

IIFL Finance Ltd. engages in providing financial services. It offers loan products such as gold, personal, and business loans. The company was founded by Nirmal Bhanwarlal Jain on October 18, 1995 and is headquartered in Mumbai, India.

Volume	687,218.00
52-Wk High	683.26
52-Wk Low	304.28

IIFL.NSE IIFL Finance Ltd.

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