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.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com