IIFL Finance plans a retail bond issue of Rs 2,000 crore next week to support business growth that has more than doubled in a year, supported by a rise in gold jewelery lending.The bonds will be issued over multiple maturities, with terms ranging from 24 months to 60 months. These instruments are likely to yield […]
Nirmal Jain, Founder of IIFL Group and Managing Director of IIFL Finance The board of non-banking major IIFL Finance may evaluate options in the next three to six months, including a possible listing of its home finance subsidiary IIFL Home Finance, through a demerger or other appropriate structure, founder Nirmal Jain said. business line. The […]
Nirmal Jain, Founder of IIFL Group and Managing Director of IIFL Finance The board of non-banking major IIFL Finance may consider planning an initial public offering (IPO) for its housing finance company (HFC), IIFL Home Finance, in the next three to six months, the group’s founder Nirmal Jain said. business line. The IIFL group may […]