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IIFL Holdings’ arm gets nod to raise funds up to Rs 5000 crore

IIFL Holdings’ material NBFC subsidiary — India Infoline Finance has received an approval for raising of funds by way of issue of Non-Convertible Debentures (NCDs) to public up to Rs 5000 crore in one or more tranches. The Board of Directors of India Infoline Finance at their meeting held on October 31, 2018, approved the same.

IIFL Holdings is one of India’s leading, diversified financial services companies.

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