IIFL Home Finance plans to raise up to Rs 5,000 crore, to boost its lending business, through public issue of non-convertible debentures.
Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1
Target of Rs 1.75 lakh crore for FY 2022 in Budget is quite conservative and can be very well overachieved.
The agency said Muthoot Finance the third non-bank finance company it rates is better positioned because of its focus on the gold loans business.
Total income stood at Rs 178.3 crore for the quarter under review, down 4 per cent from Rs 185 crore reported in the April-June period of 2019-20
Stock hits upper limit after regulatory filing shows promoter holding in the company had breached the 25% threshold following an open market purchase by chairman and CEO Nirmal Jain
Given that the sale of it power grid unit to Hitachi may conclude by mid-CY20, it allows for another round of gains for ABB India's shareholders as the finer details of the deal will emerge by then
Foreign portfolio investors, remain 'neutral' on India and that does not expect any material change in their flows for now, says the IIFL chairman
The listing of IIFL Wealth follows its demerger from parent IIFL Finance with IIFL Securities, with the latter set to list on Friday
The public issue of bonds will open on Tuesday and will close on August 30
ICRA flags high dependence on commercial paper
The process is like de-printing money and that it will help the economy, says Nirmal Jain