IIFL Finance
Finance
RBI bars Fairfax-backed IIFL Finance from sanctioning, disbursing gold loans
India's central bank on Monday ordered non-bank entity IIFL Finance to stop sanctioning and disbursing gold loans, ......
Finance
Fairfax-backed IIFL Finance rakes in $100 mn in debt funding
IIFL Finance Ltd, which counts Canadian billionaire Prem Watsa-led Fairfax as an investor, has secured $100 million in ......
Finance
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...
TMT
Open turns unicorn with $50 mn funding led by IIFL Finance
Neo-banking platform Open Financial Technologies Pvt Ltd has raised $50 million in a Series D funding round led by IIFL ......
Finance
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 ......
Finance
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...
Finance
Ares SSG commits to new fund set up by non-bank lender to hive off real estate loans
Ares SSG Capital has committed to a new fund set up by a non-banking finance company which will soak up ......
Finance
Ward Ferry, Fairfax, others to invest in discount broker 5paisa Capital
The board of IIFL Holdings-owned 5paisa Capital, the only publicly listed discount broker, has approved fundraise worth about...
General
Grapevine: Byju's may buy Doubtnut; IIFL Finance may sell wholesale lending portfolio
Byju’s is in advanced talks to acquire learning app Doubtnut as the Indian ed-tech giant looks to expand its reach ......
Finance
IIFL founder Nirmal Jain on why the group split into three and more
Six months ago, Fairfax-backed IIFL group split into three listed entities -- finance, wealth and securities – as part of ......
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