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IIFL Finance plans Rs 2000 crore retail bond sale next week
Image source: economictimes.indiatimes.com

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IIFL Finance plans Rs 2000 crore retail bond sale next week

IIFL Finance, a leading non-banking financial company in India, plans to raise Rs 2,000 crore through a retail bond sale next week. This move is aimed at supporting the company's business growth, which has more than doubled in the past year, driven by a surge in lending against gold jewellery. This bond issuance is significant as it reflects the growing demand for credit and the resilience of the NBFC sector in the Indian economy.

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