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IIFL Finance Raises $175 Million from HSBC, Union Bank and Bank of Baroda Via ECB Route

IIFL Finance Raises $175 Million from HSBC, Union Bank and Bank of Baroda Via ECB Route
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

IIFL Finance raises $175 million from HSBC, Union Bank, and Bank of Baroda

IIFL Finance, one of India s largest non-banking finance companies, has raised $175 million from HSBC, Union Bank, and Bank of Baroda through external commercial borrowing. They also raised $100 million in March.

IIFL Finance raises $175 million through ECB route

IIFL Finance raises $175 million through ECB route
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

IIFL Fin raises $175m through ECB route for lending biz

IIFL Finance, the non-banking finance arm of IIFL, has raised $175 million through a three-year external commercial borrowing (ECB) from lenders including HSBC and Bank of Baroda. The loan, priced at SOFR +200 basis points, will be used for onward lending purposes. $75 million was raised from HSBC and $50 million from Bank of Baroda, with the remaining amount secured from other lenders. IIFL Finance aims to reduce its cost of borrowing and diversify its borrowing sources with these funds.

The changing role of the CFOs in India: How tech is enabling quicker decisions

The changing role of the CFOs in India: How tech is enabling quicker decisions
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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