IIFL Finance raises Rs 325 crore via masala bonds from UK#39;s CDC Group

IIFL Finance raises Rs 325 crore via masala bonds from UK#39;s CDC Group This debt facility -- CDC#39;s first investment in masala bonds -- will help IIFL Finance to grow its loan book and reach more customers in under-served sectors and regions of India, said CDC Managing Director and Head of South Asia Srini Nagarajan.

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