IIFL Finance shares surge 11% as RBI lifts curbs on gold loan biz
The RBI's decision will allow the company to resume the sanctioning, disbursal, assignment, securitisation, and sale of gold loans, says the NBFC
The RBI's decision will allow the company to resume the sanctioning, disbursal, assignment, securitisation, and sale of gold loans, says the NBFC
Muthoot Finance generally caters to small businessmen, shopkeepers, small traders, among others, and expects demand from them as the economy picks up.