RBI Bars IIFL Finance From Disbursing Gold Loans With Immediate Effect

The Reserve Bank of India has directed IIFL Finance to cease and desist from disbursing gold loans with immediate effect.

Pragatti Oberoi

Published On

04 Mar 2024, 05:46 PM IST

Last Updated On

04 Mar 2024, 05:46 PM IST

Investor Allocations to Gold at Highest Since 2012: JPMorgan

The Reserve Bank of India has directed IIFL Finance Ltd. to cease and desist from disbursing gold loans with immediate effect.

Also Read: IIFL Finance Responds To RBI Crackdown On Gold Loan Business, Assures To Rectify Observations

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Pragatti Oberoi

Pragatti is Anchor & Correspondent for NDTV Profit. She tracks and covers a... more

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