![IIFL Finance plans to borrow Rs 1,500 crore.](https://market-tracker.in/wp-content/uploads/2023/06/6040b80920c66-PLC_20201207_122915-0001.jpg)
IIFL Finance plans to borrow Rs 1,500 crore.
The largest non-bank lender, IIFL Finance, is using the debt market to raise up to Rs 1,500 crore by selling NCDs, promising investors returns of up to 9%. The Prem Watsa-led Fairfax Holding-backed company said in a statement on Tuesday that the debt raising through a public issue will begin on June 9 and that…