Tag «LIC Housing Finance»

Terrible Tuesday: Sensex, Nifty suffer collateral damage!

16th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline    Terrible Tuesday! Sensex, Nifty suffer collateral damage   It was a terrible Tuesday with the stock market witnessing serious collateral damage. The benchmark indices crashed in opening trade after the Reserve Bank on Monday announced measures to tighten rupee liquidity. In …

IIFL submits Banking Licence application today (1 July 2013)

India Infoline Finance Limited is currently led by Mr. V. K. Chopra, ex-CMD of SIDBI and Corporation Bank   India Infoline Ltd (IIFL Group), India’s leading financial services provider, today submitted its application to the Reserve Bank of India for Banking Licence. IIFL proposes to convert its existing NBFC, India Infoline Finance Limited, into a …