Blackstone will invest around Rs 5,000 crore for a 15% stake in IIFL Finance, while promoters Nirmal Jain and R Venkataraman will invest Rs...

Indian benchmark indices saw a volatile session amid the Nifty and Bank Nifty monthly expiry. Stocks like Jio Platforms made headlines foll...

Indian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...

IIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arra...

Fairfax-backed IIFL Finance is planning to raise $500-750 million in external commercial borrowings and dollar bonds this March. This move ...

IIFL Finance plans a retail bond issuance of Rs 2,000 crore next week to support its business growth that more than doubled in a year, back...

Life Insurance Corporation of India has become the top investor in the share sales of UCO Bank, Central Bank of India, Indian Overseas Bank...

The lender will offer interest rates between 8.65% and 9.25%, depending upon maturity. Both Crisil and India Ratings have rated the bonds a...

IIFL Home Finance plans its first retail fundraise in three years to diversify its liabilities. Filing a draft prospectus to raise up to Rs...

The company said that it plans to raise ₹1,500 crore by way of fast track rights issue before the end of June 2024 while the NCDs will be r...

In this round, the NBCF-MFI mobilised over three times the base issue of Rs 200 crore even as it was aiming to raise up to Rs 1,000 crore t...

The loan, priced at 120 basis points over Tokyo overnight average rate (Tonar), will be used for onward retail lending. One basis point is ...

Simultaneously, the NBFC is seeking to mop up an offshore loan to fund the buy-back programme, which in turn would help save up to 200 basi...

The public issue of secured redeemable non-convertible debentures (NCD) will open for subscription on December 8. The NCDs will have three ...

Edtech startup upGrad, which competes with Byju’s and Unacademy, has closed a $185-million funding round at a valuation of $1.2 billion, th...

At the end of March, its loan portfolio stood at Rs 14,439 crore.

Merani has a total experience of over 25 years and was involved in fundraising, exits, and executing high-yield structured debt transaction...