RBI imposed a ₹0.03 Crore penalty on IIFL Finance for non-compliance regarding gold auction surpluses. The company has already remitted the full penalty amount.
IIFL Finance received a ₹0.03 Crore penalty from the RBI regarding gold loan auction surpluses. The company reports no material impact on its operations.
IIFL Finance received a ₹475.56 Crore income tax demand order. The company plans to appeal, stating no material financial impact is expected from this order.