InvestorQ : Can you tell me about IIFL Finance’s fund raising plans?
Niti Shenoi made post

Can you tell me about IIFL Finance’s fund raising plans?

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2 months ago
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IIFL Finance, the lending and financing arm of the IIFL group, plans to raise Rs5,000 core via issue of bonds through a public issue. The sum of Rs5,000 crore will be raised in one or more tranches through redeemable non-convertible debentures or NCDs. IIFL Finance is into the business of offering fund-based products like home loans, gold loans and business loans. Some of its popular products in India are LAP financing, MSME funding, microfinance and developer and construction finance.

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