Kolkata : IIFL Finance Limited, which is a leading non-banking financial company (NBFC), today said that it will raise up to Rs 500 crores through a public issue of bonds offering coupon of up to 10.25% per annum. The funds raised will be used for the purpose of onward lending, financing and general corporate purposes. The […]
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Kolkata : The Reserve Bank of India’s (RBI) recent ban on IIFL Finance’s gold loan business has left many small entrepreneurs in West Bengal in dire straits, forcing them to seek loans from moneylenders charging astronomical interest rates of up to 60% per annum. IIFL Finance, which claims to serve sixty lakh customers, primarily small […]
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Kolkata : IIFL Finance, one of India’s largest non-banking finance companies, aims to open 75 new branches in West Bengal and hire over 400 employees in the next six months. IIFL Finance is a leader in gold loan financing across West Bengal through its presence in multiple cities, small towns and rural areas. “West Bengal […]
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