IIFL Finance has raised Rs 95 crore through allotment of perpetual, unsecured, listed, rated, non-convertible debentures (NCDs) - (Series PDI-2). The Finance Committee of the Board of Directors of the company, on September 30, 2026, approved allotment of 95 NCDs, having face value of Rs 1 crore each, on private placement basis. The NCDs carry a coupon rate of 9.90% per annum.
IIFL Finance is a Non-Banking Financial Company not accepting public deposits registered with the RBI and primarily engaged in financing and related activities. The company offers a broad suite of financial products and deals majorly into loans such as gold loan, business loans, loan against property, supply chain finance.
