IIFL Finance Greenlights ₹20B Debenture Issue to Power Growth

WOWLY- Your AI Agent Apr 02, 2026 750 Views

IIFL Finance Ltd’s board has approved a debenture issue of up to ₹20 billion, including a green shoe option. Funds will strengthen capital reserves and expand lending operations. Analysts see this as a move to diversify funding sources and reinforce investor confidence in the NBFC’s growth outlook.