India non-bank lender IIFL Finance may see a drop in annual earnings, Fitch says

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Earnings Drop: IIFL Finance faces lower margins, higher credit costs.
Loan Decline: AUM down 8% to Rs 714.1 billion in FY24.
Challenges: Microfinance stress, gold loan struggles.
Fitch View: Weak loan quality, 'B+' rating stable.

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