Iifl Group

IIFL Finance share rises 4%, hits 52-week high as board okays NCDs issuance

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

IIFL Finance rallies 5% on heavy volume in weak market, hits 52-week high

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

IIFL Finance stock tanks 5%; Motilal Oswal comments on Q1 numbers

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

Open to investors to strengthen IIFL Samasta's capital base: Nirmal Jain

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

IIFL Finance plans to raise $150 million by reissuing 2028 dollar bonds

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

IIFL Finance likely to see a drop in annual earnings, says Fitch Ratings

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

Gold at $2,900: Should you buy or sell Muthoot, Manappuram Finance shares?

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.

I-T dept raids IIFL Finance, related entities over alleged tax evasion

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

IIFL Finance raises $325 million via issuance of international bond

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

Adani group: State Bank of India has Rs 33,800 cr exposure, shows data

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

IIFL Finance Q2 results: Firm incurs consolidated net loss of Rs 93.07 cr

Makes Rs 586.5 crore provision for AIF investments

IIFL Finance shares jump 4% after board approves NCD issue worth Rs 150 cr

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

CARE Ratings downgrades IIFL Finance's long-term instruments to "AA-"

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

IIFL Finance share price zooms 13% as RBI lifts ban on gold finance biz

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

Shadow lender IIFL Finance faces rating downgrade risk on gold loan ban

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'

Shadow lender IIFL Finance faces rating downgrade risk on gold loan ban

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'

360 One WAM: Trading strategies in IIFL group stocks post Hindenburg claims

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.

Sebi's Buch in Hindenburg's firing line: How will markets react on Monday?

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 Q1 FY25 results: Net profit falls 28% to Rs 338 crore

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 shares soar 9% as RBI completes special audit of gold loans

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