IIFL Finance and subsidiaries secure strong credit rating affirmations

India Ratings and Research Pvt Ltd has affirmed IIFL Finance Limited's credit rating as IND AA/Stable for Non-Convertible Debentures and IND AA-/Stable for Perpetual Debt (Tier I) Instrument. The agency also assigned an IND AA/Stable rating to NCDs amounting to Rs. 20,000 million and Bank Loan facilities totaling Rs. 30,000 million for IIFL Finance Limited.

Additionally, IIFL Samasta Finance Limited, a material subsidiary, received an affirmed IND AA/Stable rating for NCDs amounting to Rs. 10,000 million. IIFL Home Finance Limited, another material subsidiary, also had its rating affirmed as IND AA/Stable for NCDs amounting to Rs. 30,000 million.

These ratings reflect the credit quality of IIFL Finance and its significant subsidiaries, providing important information to investors and stakeholders.