IIFL Finance Ltd

Non-bank financial company (NBFC)

Appears in 1 story · Last updated Nov 10, 2026

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Blackstone agrees to buy about 16% of India's IIFL Finance

Money Moves

Issuer in the ₹6,414 crore preferential raise

IIFL Finance lends against gold and to small businesses from more than 5,000 branches across India. On November 10 its board approved a ₹6,414 crore capital raise, with Blackstone paying ₹5,000 crore, about $535 million, for a 15.57% fully diluted stake.

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