After facing a slump in 2023, Bitcoin prices seem to be  recovering this year as recently it inched closer to its record high since November 2021. Watch this video to know what's driving the surge in Bitcoin prices.

After facing a slump in 2023, Bitcoin prices seem to be  recovering this year as recently it inched closer to its record high since November 2021.

Explained: All you need to know about Bitcoin halving

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 

The lender had faced RBI restrictions on its gold financing business last year, which got lifted in September 2024

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Explained: All you need to know about Bitcoin halving

After facing a slump in 2023, Bitcoin prices seem to be recovering this year as recently it inched closer to its record high since November 2021. Watch this video to know what's driving the surge in Bitcoin prices.

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