IIFL Finance , a leading non-banking financial company in India, has received updated credit ratings from Infomerics Valuation and Rating Limited on December 22, 2025. The ratings reflect the company's financial stability and creditworthiness in the market.

New Rating Assignment

Infomerics has assigned a new rating of IVRAA/Stable for IIFL Finance's perpetual debt instrument worth ₹150.00 crore. This rating indicates a high degree of safety regarding timely servicing of financial obligations and very low credit risk.

Reaffirmed Ratings

In addition to the new rating, Infomerics has reaffirmed its existing ratings for IIFL Finance's debt instruments totaling ₹5,500.00 crore. The reaffirmation of these ratings suggests consistency in the company's financial performance and credit profile.

Breakdown of Rated Instruments

Financial Performance

IIFL Finance's recent financial data indicates a strong position in the market. As of March 2025:

The company has shown significant growth in its total assets and equity over the past year, despite a decrease in current assets. The substantial increase in fixed assets suggests potential expansion or investment in long-term resources.

These credit ratings and financial indicators demonstrate IIFL Finance's strong market position and financial health, which could be attractive to investors and stakeholders in the financial services sector.

IIFL Finance has announced the appointment of B. P. Kanungo, former RBI Deputy Governor, as the new Chairperson of the Board, marking a significant leadership development for the financial services company. This strategic move brings substantial regulatory and banking expertise to IIFL Finance's leadership team.

Leadership Appointment Details

The appointment of Kanungo represents a strategic move by the company to strengthen its board leadership with proven expertise from India's central banking sector. His background as Deputy Governor at the RBI provides valuable regulatory insight and financial sector knowledge that will benefit the organization's strategic direction.

Significance of the Appointment

The selection of a former RBI Deputy Governor as Chairman underscores the company's focus on bringing regulatory expertise and institutional knowledge to its leadership structure. Kanungo's experience in central banking and financial regulation positions him well to guide the company through the evolving regulatory landscape in India's financial services sector.

This appointment reflects IIFL Finance's commitment to maintaining strong governance standards and leveraging experienced leadership to drive its business objectives. The addition of such senior-level expertise from the regulatory sphere demonstrates the organization's strategic approach to board composition.