In the previous session on Friday, the rupee settled at 82.08 against the US dollar.
IIFL Finance Ltd. has decided to discontinue its top-up loans with immediate effect, Chairperson Arun Kumar Purwar, days after the RBI barred non-bank lender from disbursing gold loans."We have, of course, given loans on top of loans that are not against gold ornaments, but clean loans," Purwar told NDTV Profit's Sajeet Manghat on Wednesday in an exclusive interview. The total top-up loans make up 0.03% of the portfolio, he said...