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IIFL Finance gets nod to raise Rs 5,000 crore via NCDs

23 Jun 2022 Evaluate

IIFL Finance’s board has approved the raising of funds by way of issuance of secured redeemable non-convertible debentures (NCDs) with the shelf limit of Rs 5,000 crore, in one or more tranches. The board of directors of the company at their meeting held on June 23, 2022, has approved the same.

IIFL Finance is an Indian diversified financial services company.

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