Is the coast clear for IIFL Finance?

Is the coast clear for IIFL Finance?

Investors in IIFL Finance Ltd have found some relief following the completion of the Reserve Bank of India’s (RBI) special audit. However, the damage to the company’s Q4FY24 earnings and brand image has already been done.  The RBI had observed several regulatory breaches in IIFL’s gold loan portfolio, which comprised 30% of its consolidated assets … Read more