IIFL Finance to raise up to $750 million through ECBs, dollar bonds

Kolkata: Fairfax-backed IIFL Finance plans to raise $500-750 million (₹4,547-6,820 crore) in external commercial loans and dollar bonds in March, as part of its strategy to diversify resources and finance growth. The gold loan-focused non-bank lender is in talks with existing investors as well as banks from Singapore and Taiwan, managing director Nirmal Jain told […]