IIFL Finance outlook upgraded to positive by S&P
after close1 source ↓written by the desknot a recommendation
- to decline
- 18-19%
IIFL Finance Ltd. received a rating outlook upgrade from Stable to Positive by Standard and Poor’s. This change reflects the company's recovering market share in gold loans following the lifting of a central bank embargo. S&P expects IIFL to maintain strong capital levels and lower credit costs over the next fiscal year.
• RAC ratio projected to decline to 18-19%
• Credit costs anticipated to peak by March 2026
This upgrade may enhance investor sentiment towards IIFL Finance in the near term.
Not investment advice. For informational purposes only.