IIFL Finance Limited — Credit Ratings, 03-07-2026: Credit Rating

IIFL Finance received a 'B+' rating from S&P Global Ratings for its USD 300 million Senior Secured Fixed Rate Notes. Moody's Ratings assigned a 'Ba3' long-term senior secured rating for its USD notes under the MTN program, with a 'Stable' outlook. Moody's highlighted strong retail lending and profitability, balanced by subprime exposure and wholesale funding.