Fitch Ratings has upgraded IIFL Finance’s outlook to positive from stable, affirming its ‘B+’ senior secured debt rating. The agency anticipates improvements in the company’s credit profile over the next two years, including asset quality and funding diversity, following the lifting of RBI restrictions on gold loans.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed