India's IIFL Finance up as RBI's special audit ends

IIFL Finance

05/06/2024 08:23

** Shares of IIFL Finance  IIFL.NS  up 4.9% to 401.05
rupees, on track for biggest one-day pct gain since early May 
    ** The non-bank lender said special audit directed by the
Reserve Bank of India (RBI) has concluded
    ** RBI started the audit in April, after it barred IIFL from
disbursing gold loans in March 
    ** Analysts' avg rating on stock is "Buy", median PT is
401.8 rupees, per LSEG data  
    ** Shares of IIFL are down nearly 31% since the March order


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))