Jefferies downgrades IIFL Finance, expects RoE hit of 460-480 bps
Assuming ban stays for 9 months (our base case), we forecast AUM to fall 1 per cent yoy in FY25 led by 51 per cent yoy fall in gold AUM,” says the report
Assuming ban stays for 9 months (our base case), we forecast AUM to fall 1 per cent yoy in FY25 led by 51 per cent yoy fall in gold AUM,” says the report