IIFL Finance plans ₹10,000 crore fundraising
pre-market1 source ↓written by the desknot a recommendation
- fundraising plan
- ₹10,000 crore
IIFL Finance Ltd. aims to bolster its capital base with a ₹10,000 crore fundraising plan, pending shareholder and regulatory approvals. The board approved various methods for this capital raise, including public issues and private placements. Additionally, the board increased its borrowing limits through the Global Medium Term Notes (GMTN) programme.
Not investment advice. For informational purposes only.