IILF LATEST UPDATE

Most notably, the Reserve Bank of India (RBI) lifted the restrictions on IIFL Finance's gold loan business on September 19, 2024. This is a major positive step, allowing the company to fully resume a core part of its operations that was halted in March 2024 due to supervisory concerns. Post-embargo, their gold loan portfolio has reportedly rebounded strongly. In a move to strengthen governance and compliance, IIFL Finance announced the appointment of Mr. B.P. Kanungo, a former Deputy Governor of the RBI, as an independent director on its board, effective June 16, 2025. This strategic addition is expected to significantly enhance the company's risk management framework and regulatory adherence. For Q4 FY25, IIFL Finance reported a net profit of ₹251.36 crore. While this figure was impacted by the gold loan restrictions during the period, the company has highlighted a "decisive turnaround" with robust growth in other segments like MSME and digital loans, alongside efforts to strengthen its capital base through rights issues and NCDs.