Former RBI Deputy Governor BP Kanungo is set to join IIFL Finance as an independent director, succeeding AK Purwar. This appointment follows a period where the RBI had banned IIFL Finance from disbursing gold loans due to regulatory non-compliance, a ban that was later lifted. Kanungo’s expertise is expected to bolster IIFL’s risk management and governance.
D-Street heats up to 9-month high as West Asia cools
Indian equity markets soared to a nine-month peak, propelled by banking stocks and improved investor confidence due to easing geopolitical tensions in West Asia. The
June 27, 2025