CRISIL Upgrades IIFL Finance's Outlook to 'Positive' from 'Stable', Sees Market Position Strengthening and Improvement in Profitability
Nov 23, 2023
New Delhi [India], November 23: Fairfax-backed IIFL Finance Limited, which is one of India's largest non-banking financial companies, today said that leading rating agency CRISIL has upward revised its outlook to 'Positive' from 'Stable'. The agency has also reaffirmed the long-term rating at 'CRISIL AA' and short-term rating at 'CRISIL A1+'.