iifl finance

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    Investor Demand Drives IIFL Finance NCD Subscription

    New Delhi, February 17 IIFL Finance Ltd, a NBFC firm, announced on Tuesday that the initial offering of its secured, redeemable, non-convertible debentures (NCDs) had been fully subscribed within the first half of the opening day.This reflects strong investor demand and confidence in the...
    • Avantika
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    • Forum: Business
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    IIFL Finance Targets 20% Foreign Borrowings by FY27

    Mumbai, February 16 IIFL Finance is planning to increase the share of External Commercial Borrowings (ECB) and foreign currency borrowings to 20 per cent of its total liabilities by FY27, from 13 per cent currently, a top official said on Monday.Currently, IIFL Finance's standalone total...
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    • Forum: Business
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    RBI Slaps Monetary Penalties on Maharashtra, CSB, and Other Banks

    Mumbai, February 13 The Reserve Bank of India (RBI) imposed monetary penalties on Bank of Maharashtra, DCB Bank, and CSB Bank on Friday for non-compliance with directions.The central bank imposed a fine of Rs 32.50 lakh on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on...
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    • Forum: Business
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