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ET Markets - Stocks 66d ago
IIFL Finance plans to raise $400 million in ECBs
IIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arranging the deal. This move follows an earlier unsuccessful attempt in March, but improved investor sentiment and strong growth in its gold loan segment have bolstered the company's outlook.
BSLGOLDETFHSBCGOLDIIFLLTFSILFinancial ServicesRealty