IIFL Group

At 1:20 PM, IIFL Finance share price was trading 1.98 per cent higher at ₹568.10 per share. In comparison, BSE Sensex was trading 1.12 per cent higher at 85,534.94 levels

Since September 26, the stock price of the non banking financial company (IIFL Finance) has zoomed 31 per cent.

IIFL Finance dipped 5% post after the company reported a 19% decline in Q1 net profit.

Nimal Jain shared the lender's strategies and growth plans for 2025-26 (FY26)

The non-banking finance company has started marketing the issue and may sell the bonds at yields in the 8.30 per cent-8.40 per cent range

Earlier this month, IIFL Finance reported an 8 per cent fall in loan assets under management to Rs 71,410 crore ($8.24 billion) for the first nine months of the fiscal year that ends in March

Technical chart suggest that Muthoot Finance, Manappuram Finance and IIFL may witness some downward pressure in the near-term, and dip up to 17%; check key levels to track here.

In a stock exchange filing, IIFL Finance confirmed the ongoing tax searches and stated that it is fully cooperating with the authorities

Non-bank lender IIFL Finance on Friday said it has raised USD 325 million through issuance of international bond. The city-based company will pay a coupon rate of 8.75 per cent for the bonds which are for a tenor of three-and-a-half years, according to an official statement. The lender had faced RBI restrictions on its gold financing business last year, which got lifted in September 2024. Non-bank lenders are increasingly tapping into the global bond markets as they look for funding sources beyond banks. IIFL's move came days after Tata Capital's USD 400-million borrowing from overseas investors. The IIFL statement said proceeds from the latest issuance will be deployed for on-lending which will support the company's growth. "This issuance not only allows us to diversify our funding sources but also reinforces our commitment to delivering value to stakeholders while adhering to prudent financial practices," it said. The bond offering, rated B+ by both S&P and Fitch with a stable

Meanwhile, among private banks, who only 4 per cent share in Adani group's debt, Yes Bank, ICICI Bank, IDBI Bank, and IndusInd Bank, and others have substantial exposure to the group

Makes Rs 586.5 crore provision for AIF investments

IIFL Finance share price today jumped up to 4.24 per cent at Rs 473 per share on the BSE in Thursday's intraday trade

The rating agency, in a statement placed on its website, said the assets under management (AUM) of IFL's gold business shrunk to Rs 14,727 crore as of June 30, 2024

The uptick in IIFL Finance share price came after the Reserve Bank of India (RBI) lifted ban on the company's gold finance business.

IIFL fell under regulatory scrutiny in March amid a crackdown on financial firms, when it was asked by RBI to stop disbursing new gold-backed lending following 'material supervisory concerns'

IIFL fell under regulatory scrutiny in March amid a crackdown on financial firms, when it was asked by RBI to stop disbursing new gold-backed lending following 'material supervisory concerns'

IIFL group stocks such as 360 One WAM, IIFL Finance and IIFL Securities plunged up to 5 per cent in Monday's initial trade, but soon recouped losses. Here are the key levels to track.

Analysts believe that these statements are mere allegations, which, at best, can trigger a knee-jerk reaction in the markets when they open for trade on Monday

IIFL Finance on Tuesday posted 28 per cent decline in consolidated profit at Rs 338 crore for June quarter FY25 as RBI imposed ban on its gold loan business. The NBFC had earned a profit of Rs 473 crore in the same quarter a year ago. The Reserve Bank of India (RBI) on March 4 barred IIFL Finance from disbursing gold loans with immediate effect following multiple supervisory concerns, including serious deviations in assaying and certifying the purity of the yellow metal. Total income increased to Rs 2,625 crore during the quarter under review from Rs 2,370 crore in the same period last year, IIFL Finance said in a regulatory filing. Interest income of the bank rose to Rs 2,472 crore from Rs 2,198 crore in the first quarter of previous year. Expenses also increased to Rs 1,034 crore from Rs 888 crore. The asset quality deteriorated with gross non-performing assets (NPAs) rising to 2.25 per cent from 1.8 per cent at the end of June 2023. Net NPAs remained flat at 1.1 per cent of ..

IIFL Finance RBI news: IIFL Finance posted a net profit after tax of Rs 373.4 crore in Q4FY24, down 10 per cent, affected by the RBI's embargo on fresh gold loans