Nirmal Jain

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Finance

27 September, 2024

IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more

IIFL Finance’s home loan subsidiary IIFL Home Finance has seen an uptick year-on-year in terms of assets under management to ......

Finance

24 September, 2024

IIFL looks to raise $1.2 bn in debt amid RBI ban

India's IIFL Finance plans to raise 100 billion rupees($1.20 billion) via debt in the next six months and diversify both ......

Finance

06 March, 2024

Fairfax commits $200 mn to IIFL Finance after RBI ban on gold loans

Fairfax India Holdings Corporation, led by Indian-born Canadian billionaire Prem Watsa, has committed $200 million in liquidity support to IIFL ......

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Finance

04 September, 2023

360 One's PE/VC arm reaps $725 mn from first pre-IPO fund, aims at full monetisation in one year

360 One Asset, the private equity (PE) and venture capital arm of 360 One WAM Ltd (formerly IIFL PE), has ......

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Finance

17 July, 2023

IIFL Home Finance secures debt funding from offshore investor

Abu Dhabi Investment Authority-backed IIFL Home Finance Ltd, a wholly-owned subsidiary of IIFL Finance, has secured debt capital from an ......

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Finance

10 June, 2022

Private investment in Indian firms, startups are good opportunities now: IIFL chief

Private investment is set to increase in India amid rising interest rate regime and global economic changes, says IIFL Group ......

Finance

03 May, 2022

IIFL Finance, Open Financial JV to launch neobank for MSMEs

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd and SME-focused neo-banking platform Open Financial Technologies Private Ltd, on Tuesday ......

Finance

06 January, 2022

Fairfax-backed IIFL ropes in Network18 exec as head of human resources

Fairfax Financial Holdings Ltd-backed non-bank lender IIFL Finance Ltd has appointed Richa Sachdeva Chatterjee as the company’s new president and ......

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Finance

16 September, 2021

IIFL Finance hands 10% annualised return to CDC on second part-exit

UK’s CDC Group Plc made a second partial exit on Thursday from IIFL Finance by selling 2.64% stake for Rs ......

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Finance

01 July, 2021

CDC partially exits IIFL Finance, US-based The Capital Group joins cap table

UK’s development finance institution CDC Group has sold a little less than a fourth of its holding in Nirmal Jain-promoted ......