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IIFL CHAIRMAN
Ex-RBI deputy governor Kanungo may join IIFL boardFormer RBI Deputy Governor BP Kanungo is set to join IIFL Finance as an independent director, succeeding AK Purwar. This appointment follow...
IIFL Securities to foray into wealth managementIIFL Securities' market capitalisation stood at ₹6,073 crore on Tuesday. In comparison, wealth management companies such as 360 One WAM, Nu...
IIFL Finance appoints former SBI boss as chairmanPurwar is a veteran banker and was Chairman of the country’s largest bank - State Bank of India from November 2002 to May 2006. He was cred...
IIFL Fintech Fund to invest Rs 300 crore in early-stage fintech startupsIIFL Fintech Fund has invested in four fintech startups—Leegality, FinBox, Trendlyne and DataSutram—in the first three months of its existe...
IIFL launches dedicated fund to invest in Indian fintech startupsThe IIFL fintech fund, sponsored by IIFL Finance and IIFL Securities, is already in advanced talks to invest in a few financial technology ...
Time for lending institutions to grow: IIFL ChairmanI would not say that you have to go overboard, but this is a time to grow rather than be cautious, if I have to choose one, I will say we p...
Promoters, officials buy IIFL shares from open marketAccording to BSE data, Nirmal Jain, the chairman of the IIFL group, acquired 1 lakh shares of IIFL.
IndoStar to buy CV finance business of IIFL FinanceSince 2015, IndoStar has been building its retail lending business which accelerated last year with the set-up of CV finance and Affordable...
IIFL Q3 net profit dips 12% to Rs 220 croreIIFL's consolidated total income declined to Rs 990 crore in the third quarter.
IIFL Holdings demerger likely in Q1FY20The ongoing NCD issue of the group has already received subscription worth Rs 1,000 crore.
IIFL wealth sells 5.1%, raises Rs 746 croreThe firm, founded in 2008, was valued at roughly Rs 5,200 crore.
IIFL Holdings Q2 Net rises 28% to Rs 140 croreIIFL Holdings recorded income of Rs 1,031.9 crore during the second quarter of the current financial year, 15 per cent more than the same p...
Fairfax India makes open offer to raise stake to 26% in IIFLCanadian investor Prem Watsa's Fairfax India Holdings today made an open offer to raise its stake to 26 per cent in financial firm IIFL Hol...
Equities will give much better returns than in past:ExpertsThe journey is not likely to be without hurdles and there may be intermittent corrections due to global factors such as growth slowdown.
IIFL to raise Rs 1,050 crore through NCDsThe size of this NCD is Rs 525 crore, but in case of over-subscription, its size can be expanded up to Rs 1,050 crore, IIFL chairman Mukesh...
- IIFL group pitches for banking entry
The IIFL group has made a strong pitch for letting brokerages enter the banking fray, saying its success with 4,000-odd branches is enough ...
- India Infoline Q4 net down 10 pc to Rs 47 crore
Financial services firm India Infoline Ltd today reported a dip of 10.38 per cent in consolidated net profit at Rs 46.79 crore for the quar...
- Outlook on the market remains positive: Nirmal Jain, Chairman, IIFL
Nirmal Jain, Chairman, IIFL, in an interview with ET Now gives his views on the loan bribery scam and its likely impact on the stock market.
- IIFL gets approval from Singapore Exchange for securities trading
IIFL (India Infoline Ltd) on Wednesday announced that its Singapore-based subsidiary, IIFL Securities Pte Ltd, has received approval for se...
- India Infoline to start MF operations in Q1 FY11: Chairman
India Infoline to set up Mutual Funds operations in first quarter of FY11, after securing approval from Sebi.