Reserve Bank lifted curbs on gold loan business, says IIFL Finance

Reserve Bank lifted curbs on gold loan business, says IIFL Finance

The Reserve Bank of India (RBI) has lifted the curbs imposed on the gold loan business of IIFL Finance with immediate effect, the company told stock exchanges on Thursday. The RBI had prohibited the company from sanctioning, disbursing, or selling any of its gold loans in March this year citing certain supervisory concerns. The central … Read more