Business News

Nirmal Jain, Founder, IIFL Group and MD, IIFL Finance

Fitch Upgrades IIFL Finance to 'BB-'; Outlook Stable

Aug 18, 2026

Mumbai (Maharashtra) [India], August 18: IIFL Finance Limited, which is one of India's leading non-banking financial companies today said that Fitch Ratings has upgraded IIFL Finance (IIFL) Long-Term Issuer Default Rating (IDR) to 'BB-' from 'B+'. The Outlook is Stable. Fitch has also upgraded the senior secured debt and global medium-note programme (GMTN) ratings to 'BB-' from 'B+'.

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