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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

RBI imposes penalty on HSBC, IIFL Samasta Finance for violating norms

With reference to HSBC's financial position as on March 31, 2023, RBI found that the bank had outsourced the disposal or closure of anti-money laundering (AML) alerts to a group company

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

Banca cap may impact banks' net profit by 1-2%, says IIFL Securities

It could shave off 15-30% of banks' fee income that they earn by selling insurance

SME, microfinance stress to add pressure on IIFL's asset quality: Fitch

Affirms IIFL Finance's long-term rating; removes from rating watch negative

IIFL Finance rises 3% as board gives nod to NCDs up to Rs 25,000-cr

In its Q2 results, IIFL Finance reported a consolidated net loss of Rs 93.07 crore in the second quarter as compared to a net profit of Rs 525.52 crore in the July-September 2023 quarter (Q2FY24)

IIFL Finance stock dips 6% as company slips into loss of Rs 93 cr in Q2

IIFL Finance reported a consolidated net loss of Rs 93.07 crore in the second quarter as compared to a net profit of Rs 525.52 crore a year ago

IIFL Securities stock zooms 8% as profit jumps 90% in Q2FY25 results

IIFL Securities shares jumped 8.33 per cent at Rs 404.90 a piece on the BSE in Wednesday intraday trade

MicroCap stocks shine amid volatility; 1 in every 10 zoom over 10% this Oct

Stocks like IIFL Securities, IFB Industries and Dhani Services soared over 25% so far this month; Experts attribute the outperformance to stock specific news, rather terming it as broader market trend

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

Dozens of stocks added to FTSE indexes post-rebalancing exercise

Kotak Mahindra Bank, ICICI Bank, and Tata Technologies saw changes in their weightage in the FTSE All-World Index, which rose 1.8, 3.8, and 5.1 per cent, respectively

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.

RBI lifts restrictions imposed on IIFL Finance's gold loan business

On March 4, 2024, the RBI imposed restrictions on IIFL Finance after observing deviations in assaying and certifying purity and net weight of gold at time of sanctioning loans and at time of auction

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'

Sebi proposals on F&Os may dent NSE earnings by 25%: IIFL Securities

The proposed changes include limiting weekly options contracts to one index per exchange, higher margin requirements near expiry, and a higher entry point by increasing the contract size

Alphabet-backed NBFC Aye Finance to launch Rs 2k cr IPO in a year: Report

Focused on small and medium enterprises, Aye Finance has roped in four arrangers for its upcoming IPO

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%

The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.

IIFL Finance transfers stressed realty assets to ARC for Rs 575 crore

No plans to become BC for gold loan business

Hindenburg vs Sebi, Adani stocks, global markets: Guide for Nifty on Aug 12

All you need to know before market opens on Monday: GIFT Nifty hints at a marginal dip in the aftermath of Hindenburg attack; FIIs remain net long in index futures; 15 stocks in F&O ban period today.