IIFL Finance Board to Consider Rs 5,000 Crore Capital Raise
IIFL Finance's board is set to review investment proposals from Blackstone and Advent International for a capital raise of nearly Rs 5,000 crore. The lender is also exploring a potential transaction involving the sale of Fairfax's stake. These moves aim to strengthen IIFL Finance's financial position and support its growth plans.
Economic Times·



