IIFL Holdings has received its board’s approval for raising funds through issue of Non-Convertible Debentures (NCDs) on a Private Placement basis, up to a limit of Rs 2000 crore. The Board of Directors of the Company at their meeting held on May 3, 2018, have approved the same.
The India Infoline (IIFL) group, comprising the holding company, India Infoline and its subsidiaries, is one of the leading players in the Indian financial services space.