AUM grew 38% YOY to INR 1.15 lakh crore, with gold loans as the main driver and strong profitability (ROE 19.5%, ROA 3.1%). Asset quality remains stable, capital adequacy is being addressed, and AI-led initiatives are supporting cost and collection efficiencies.Based on IIFL Finance Limited [IIFL…
By Dharamraj DhutiaIndian gold loan financier IIFL Finance NSE:IIFL has accepted bids worth $300 million for a four-year social dollar bond, in its second such fundraise in less than a month, two merchant bankers said on Friday.The non-banking finance company will offer a yield of 7.75% to investor…
By Dharamraj DhutiaIndian gold loan financier IIFL Finance NSE:IIFL plans to raise $300 million through a four-year dollar bond sale, its second such fundraise in less than a month, two merchant bankers said on Thursday.The non-banking finance company has set initial price guidance at about 7.85% f…
IIFL Finance Ltd. is set to strengthen its capital base after its board approved an enabling resolution to raise up to ₹10,000 crore through the issuance of equity shares or other eligible securities in one or more tranches, subject to shareholder and regulatory approvals.The proposed fundraising c…
