IIFL Finance reports Q2FY25 consolidated net loss of Rs 93cr amid regulatory embargo challenges
IIFL Finance Limited, a major player in India’s non-banking financial services sector, reported a consolidated net loss of Rs. 93 crores for Q2FY25. This significant loss comes against the backdrop of a regulatory embargo imposed by the Reserve Bank of India (RBI) on its gold loan business earlier this year. The company’s standalone net loss […]
