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IIFL Finance shares gain 15% after price band revision

IIFL Finance shares rose 15.40 per cent to hit a high of Rs 408.75 on BSE. A total of 9.10 lakh IIFL Finance shares changed hands on the stock exchange against a two-week average of 3.10 lakh shares.

IIFL Finance crisis: Prefer banks such as SBI, HDFC Bank over gold finance NBFCs, says InCred

SBI, HDFC Bank: Banks are attracting small ticket size gold loan customers backed by their improved pan-India reach (improved branch network), lower interest rates as well as improved turnaround time by adopting digital means, InCred said.

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