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IIFL Holdings’ arm raises Rs 1,000 crore from NHB

IIFL Holdings’ arm raises Rs 1,000 crore from NHB

IIFL Holdings’ subsidiary — IIFL Home Finance has raised Rs 1,000 crore from National Housing Bank (NHB) and another $50 million from State Bank of India through External Commercial Borrowing (ECB) route. IIFL Home Finance is one of the first borrowers under the Reserve Bank of India’s revised norms for ECB through automatic route.

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

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