IIFL Finance will comply with RBI suggestions in gold loan biz by March 31: Chairman

March 6, 2024

AK Purwar, Chairman & Independent Director, IIFL Finance, says the company is committed to addressing the RBI’s concerns regarding their gold loan business and aims to be fully compliant by March 31. They anticipate a temporary setback but expect to regain their growth path and market share in the co-lending space.

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