Mumbai, Aug. 26 -- Infomerics Ratings has reaffirmed the IVR AA/ Stable Rating on IIFL Finance's INR 850 crore perpetual debt and IVR A1 rating on INR 5,000 crore commercial paper.
It has also assigned a IVR AA/Stable rating to the company's proposed INR 300 crore perpetual debt. All the ratings have a stable outlook.
Infomerics said that the ratings for IIFL Finance factors in the IIFL group's comfortable capitalisation levels, significant recovery in asset under management growth led by revival in gold loan business, improving profitability and strengthening asset quality metrics in FY2026 and in Q1FY27.
The ratings continue to derive strength from the company's established franchise, experienced management team, diversified product po...