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IIFL Finance to receive $200 mn liquidity support from Fairfax after RBI ban

By Economic Times - 9 months ago
IIFL Finance announces a $200 million liquidity support from top shareholder Fairfax India, following the Reserve Bank of India's directive to halt gold loan disbursals, causing liquidity concerns. Fairfax India, with a 15% stake, expresses confidence in IIFL's management.

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