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  • IIFL represents India Infoline Finance Limited.
  • The geographical inflation of the organization determines the length and breadth of the country with 2,372 branches in 500+ urban areas.
  • It is a main enhanced finance organization in India, situated in Mumbai.
  • It is founded in October 1995 by N. Jain or Nirmal Jain.
  • IIFL’s item contributions include home loans, gold loans, business loans, including loans against property, and financing for medium and small scale efforts, microfinance, designer and development finance, and capital market finance; Keeping both retail and corporate customers in mind.
  • The IIFL is considered a part of the main seven budgetary combinations in India.
  • It was in the past under the name India Infoline Investment Services Limited, which was renamed India Infoline Finance Limited in November 2011.
  • It is an auxiliary of IIFL Holdings Limited.
  • On January 31, 2018, the board of directors of IIFL Finance Limited confirmed the re-arrangement of the IIFL Group, which gave information about three recorded substances – IIFL Finance, IIFL Wealth, and IIFL Securities. The merger of India Infoline Finance Limited with IIFL Finance Limited became powerful from 30 March 2020.

iifl full form –

I = India

I = infoline

F = finance

L = limited

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