Open to investors to strengthen IIFL Samasta's capital base: Nirmal Jain

Nimal Jain shared the lender's strategies and growth plans for 2025-26 (FY26)

The Reserve Bank of India’s (RBI’s) embargo on IIFL Finance was a “wake up” call for the lender and it used the opportunity to elevate its compliance, governance and control frameworks, said Nirmal Jain, founder and managing director (MD), in an interview with Anupreksha Jain and Subrata Panda, in Mumbai. He also shared the lender’s strategies and growth plans for 2025-26 (FY26). Edited excerpts:

 

FY25 was a tumultuous year for IIFL..

 

FY25 was an extraordinary year in the history of the IIFL Group — a year that tested our resilience but ultimately made us stronger. We