ICRA An Affiliate of Moody's

Entity-Specific Rating Rationales

11 Feb 2026

IIFL Finance Limited: Ratings reaffirmed

24 Sep 2025

IIFL Finance Limited: Ratings reaffirmed and outlook revised to Negative

25 Sep 2024

IIFL Finance Limited: Ratings reaffirmed; long-term ratings removed from Rating Watch with Negative Implications

12 Mar 2024

IIFL Finance Limited: Long-term ratings placed on rating Watch with Negative Implications

08 Feb 2024

IIFL Finance Limited: Ratings withdrawn for PTCs issued under two gold loan securitisation transactions

29 Dec 2023

IIFL Finance Limited: Material event update

21 Dec 2023

IIFL Finance Limited: Ratings upgraded to [ICRA]AAA(SO) for PTCs issued under two gold loan securitisation transactions

01 Aug 2023

IIFL Finance Limited: Ratings reaffirmed

13 Oct 2025

IIFL Finance Limited

IIFL Finance Limited (Non-SF)

29 Oct 2024

IIFL Finance Limited

IIFL Finance Limited (Non-SF)

29 Aug 2023

IIFL Finance Limited

IIFL Finance Limited (Non-SF)

Description	Short Term	Medium Term	Long Term	Issuer
Non-Convertible Debentures	--	--	[ICRA]AA(Negative)	--
Subordinated Debt	--	--	[ICRA]AA(Negative)	--
Long-term bank lines	--	--	Withdrawn	--
Commercial Paper	[ICRA]A1+	--	--	--
Commercial Paper(IPO Financing)	Withdrawn	--	--	--
Long-term Principal Protected Equity Linked Debenture Programme	--	--	Withdrawn	--
Long-term Principal Protected Market Linked Debenture Programme	--	--	Withdrawn	--
PTC Series A	--	--	Withdrawn	--
PTC Series A	--	--	Withdrawn	--
PTC Series A	--	--	*	--