IIFL Finance board to consider raising Rs 5,000 crore in capital
The board of IIFL Finance is set to deliberate on a proposal to raise Rs 5,000 crore in fresh capital. The move would strengthen the company's financial base as it continues expanding its lending operations. Details on the specific instruments or timing of the fundraise were not outlined in the report. The board's decision will determine whether the capital raise proceeds.
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