India’s IIFL Finance said on Wednesday that top shareholder Fairfax India has agreed to provide up to $200 million in liquidity support to the company, days after the country’s central bank barred the firm from disbursing gold loans, raising liquidity concerns among investors and lenders.
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in