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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