Latest Breaking News On - Union bank sydney - Page 1 : comparemela.com
IIFL Finance Raises JPY 7 5 billion from Mizuho Bank
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
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.
IIFL Finance, a non-banking finance company, has raised $175 million through external commercial borrowing (ECB). The funds were raised from HSBC, Union Bank s Sydney branch, and Bank of Baroda s IFSC unit. This brings the total ECB raised by IIFL Finance to $275 million since March. The company aims to strengthen its asset liability position, support growth, diversify borrowing sources, and lower overall borrowing costs. The money has been priced at SOFR plus 200 bps. IIFL Finance operates over 4,000 branches and offers various types of loans. It closed FY23 with a net income of Rs 1,607.5 crore and a low NPA ratio.
vimarsana © 2020. All Rights Reserved.