News for IIFL Finance Limited (IIFL.BO)

Refinitiv StreetEvents Event TranscriptE D I T E D V E R S I O NIIFL.NS - IIFL Finance LtdQ3 2025 IIFL Finance Ltd Earnings CallFeb 13, 2025 / 09:00AM GMT ===

Manappuram Finance Ltd fell 6.4 per cent to hit a low of Rs 181.80 on BSE. IIFL Finance declined 2.73 per cent to a low of Rs 322.30. Fusion Finance was down 3.86 per cent at Rs 163 on BSE.

The IT department conducted raids on premises linked to the IIFL Group for suspected tax evasion. Major entities involved include IIFL Finance, 360 One Wam, and IIFL Securities. The raids, led by the Mumbai investigation wing, targeted several locations and are expected to continue for a few days.

IIFL Finance shares fell 8.72 per cent to hit a low of Rs 325.95 on BSE. The stock is down 21 per cent in 2025 so far and 45 per cent in the past one year.

Fitch Ratings predicts challenges for smaller NBFIs due to regulatory tightening, while larger lenders are expected to perform steadily.

IIFL Finance shares closed 1.44% higher at Rs 398.65 on Thursday against the previous close of Rs 398.65 on BSE. Market cap of the NBFC stood at Rs 16,921 crore.

A rise in retail-loan defaults in India due to aggressive lending practices is reverberating in the stock market, with analysts worrying about possible spillover into the broader economy. Concerns are mounting after lenders including Kotak Mahindra Bank Ltd. and IndusInd Bank Ltd. reported elevated stress in unsecured loans during second-quarter…

Bank Loans: Aggressive lending practices in India have led to a surge in retail-loan defaults, sparking concerns about the impact on the stock market and the broader economy. Several banks have reported increased stress in unsecured loans, causing their shares to decline. Analysts predict the situation will persist for several quarters as credit costs remain high and loan demand slows.

Retail-loan defaults are increasing in India. This is impacting the stock market. Analysts are concerned about the impact on the economy. Lenders are

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The Nifty Realty index was trading 1.1 per cent up at 1080.75.

The Nifty Pharma index was trading 0.01 per cent down at 22928.35.

The Nifty IT index was trading 0.05 per cent up at 41965.0.

The NSE Nifty index was trading 147.5 points up at 25563.3

IIFL Finance share price Today: The uptick in IIFL Finance share price came after the Reserve Bank of India (RBI) lifted ban on the company's gold finance business.

Stocks including NTPC, Axis Bank, Tata Power, Phoenix Mills, IDFC First Bank, Indian Overseas Bank, Reliance Infra and more will be the spotlight on Friday, September 20.

These restrictions were earlier imposed on March 04, 2024, which prohibited the Company from sanctioning, disbursing, or assigning/securitising/selling any of its gold loans.

Nifty Midcap 100 slipped below the 59,000 mark, meanwhile, Nifty SmallCap 100 declined below 19,100