IIFL Finance
Finance
Fairfax-backed IIFL Finance faces liquidity crunch after RBI curbs
India's IIFL Finance is facing a liquidity crunch as banks have turned cautious while lending to it following a clampdown ......
Finance
Fairfax-backed IIFL Finance to raise $152 mn via share sale amid ban on gold loans
India's IIFL Finance will raise 12.72 billion rupees ($152 million) by selling shares, the non-bank lender said on Wednesday, aiming ......
Finance
Fairfax commits $200 mn to IIFL Finance after RBI ban on gold loans
Fairfax India Holdings Corporation, led by Indian-born Canadian billionaire Prem Watsa, has committed $200 million in liquidity support to IIFL ......
Finance
IIFL Finance shares plunge after RBI bars firm from offering gold loans
Shares of India's IIFL Finance fell 20% to the bottom of an exchange-mandated limit on Tuesday, a day after the ......
Finance
RBI bars Fairfax-backed IIFL Finance from sanctioning, disbursing gold loans
India's central bank on Monday ordered non-bank entity IIFL Finance to stop sanctioning and disbursing gold loans, as it found ......
Finance
Fairfax-backed IIFL Finance rakes in $100 mn in debt funding
IIFL Finance Ltd, which counts Canadian billionaire Prem Watsa-led Fairfax as an investor, has secured $100 million in debt funding ......
Finance
IIFL Finance, Open Financial JV to launch neobank for MSMEs
Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......
TMT
Open turns unicorn with $50 mn funding led by IIFL Finance
Neo-banking platform Open Financial Technologies Pvt Ltd has raised $50 million in a Series D funding round led by IIFL ......
Finance
IIFL Finance hands 10% annualised return to CDC on second part-exit
UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......
Finance
CDC partially exits IIFL Finance, US-based The Capital Group joins cap table
UK’s development finance institution CDC Group has sold a little less than a fourth of its holding in Nirmal Jain-promoted ......
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