The Reserve Bank of India has lifted the restrictions on IIFL Finance’s gold loan business, allowing the company to resume operations. The ban, imposed in March due to supervisory concerns, had led to a significant decline in IIFL’s gold loan book and profits. The company can now comply with all relevant laws and regulations.
PFC raises $300 million through five year dollar bond
Power Finance Corp successfully raised $300 million in international bonds, marking India’s second such issuance since the RBI’s special swap arrangement. The five-year bond was
June 23, 2026