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IIFL Finance incorporates wholly owned subsidiary

18 May 2022 Evaluate

IIFL Finance has incorporated wholly owned subsidiary (WOS) in the name of ‘IIFL Open Fintech’ on May 17, 2022. The Ministry of Corporate Affairs, has issued a Certificate of Incorporation for the same. The company has incorporated WOS for offering neo-banking services to consumers and micro enterprises and retail customers including lending, investment, and wealth management services to certain target groups. 

IIFL Finance is an Indian diversified financial services company.

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