IIFL Finance532636Gold loan, NBFC
IIFL Finance to raise nearly 6,500 crore rupees in a fundraising round led by Blackstone
By ScoutQuest · · 1 min read
- Fundraise amount
- nearly 6 and half thousand crore rupees
- Potential profit in two years
- almost 5,000 crore rupees
- Current tier-1 capital adequacy
- around 12 percent
- New loan disbursement use of proceeds
- 70 percent
- Loan repayment use of proceeds
- 30 percent
Heard on business television between 15:45:00 - 15:48:00 IST.
- Founder and MD Nirmal Jain said the company will raise close to 6,500 crore rupees led by Blackstone.
- He said capital will mainly be used to grow the business: 70% for new loan disbursement, 30% for loan repayment.
- Jain said this would nearly double the tier-1 capital adequacy ratio, which was around 12%, by September 2026.
- He said the investment could generate profits worth almost 5,000 crore rupees in two years.
- Jain said improved asset quality, a more secured portfolio and stronger governance make a strong case for a rating upgrade, with capital adequacy being the missing piece.
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Source: Live TV News Channel · 11 Nov 2026
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