IIFL Finance - Samachar Central

HAL, IIFL Finance, Bharti Airtel, Zomato, TCS and more: Stocks to watch on June 18

2024-06-17 07:24 PM

/photos/market/stocks/hal-iifl-finance-bharti-airtel-zomato-tcs-and-more-stocks-to-watch-on-june-18-19429528.htm Copied 0 HAL | The state-run defence equipment manufacturer said a Request for Proposal (RFP) has been issued by the Ministry of Defence for the procurement of 156 Light Combat Helicopter. Out of these 156 Light Combat Helicopters, 90 are for the Indian Army and 66 for the Indian Air Force. /photos/market/stocks/hal-iifl-finance-bharti-airtel-zomato-tcs-and-more-stocks-to-watch-on-june-18-19429528.htm Copied IIFL …

RBI to conduct special audit of IIFL Finance, JM Financial for regulatory breaches; tenders floated to appoint auditors

2024-03-24 08:19 PM

The Reserve Bank of India (RBI) will conduct a special audit for regulatory breaches by the IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) as it has initiated the process for appointment of auditors. The central bank has floated two separate tenders for appointment of auditors for special audits of the two non-banking finance …

RBI on IIFL Finance, JM Financial: Actions to ensure ethical business practice, analysts say

2024-03-08 06:42 AM

The central bank on March 4 had imposed an embargo on IIFL Finance’s gold loan business and then on JM Financial Products’ loan against shares & IPO financing business the next day, citing persistent regulatory non-compliance and governance issues. Earlier on January 31, RBI had barred Paytm Payments Bank from accepting fresh deposits and doing …

IIFL shares freeze at 20% lower circuit after RBI bans company from sanctioning new gold loans

2024-03-07 11:13 AM

IIFL share price: Shares of IIFL Finance were locked in a 20 per cent lower circuit in Tuesday’s trade (March 5) on the BSE at Rs 478.5 apiece, a day after the Reserve Bank of India (RBI) barred the company from sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans. …

Socks to Watch: Zomato, Coal India, Samvardhana Motherson, BHEL, Adani Green Energy

2024-03-06 09:09 AM

Zomato: Antfin Singapore Holdings Pte, a subsidiary of the China-based Ant Group, is reportedly planning to sell up to 2% stake or 17.64 crore shares in the food delivery platform Zomato. The transaction, which is expected to be worth ₹2,800 crore, will be conducted through a block deal, reported CNBC-Awaaz on Tuesday. The block deal’s …

Only operational issues, no ethical breach, says IIFL Finance

2024-03-06 02:00 AM

On Tuesday morning, shares of IIFL Finance opened 20% lower as investors dumped shares after the banking regulator issued a statement on Monday evening that detailed some lapses. “We wish to make it unequivocally clear that there are no governance or ethical issues,” said Nirmal Jain, managing director, in a call with analysts on Tuesday. …

tata motors shares: Hot Stocks: Brokerage view on Siemens, IIFL Finance, Max Healthcare and Tata Motors

2024-03-05 12:42 PM

Global brokerage firm UBS maintained a neutral rating on Siemens, Jefferies recommended a buy on IIFL Finance, JPMorgan has an overweight rating on Max Healthcare , and Macquarie maintained an outperform rating on Tata Motors. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Tata Motors: …

RBI orders immediate ban on IIFL Finance from sanctioning, disbursing gold loans

2024-03-05 04:32 AM

The Reserve Bank of India has imposed an immediate ban on IIFL Finance from approving or disbursing gold loans due to significant supervisory concerns identified in its gold loan portfolio. RBI bars IIFL Finance from sanctioning and disbursing gold loans. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Despite this restriction, IIFL Finance is permitted to manage its existing …