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Fitch: IIFL Finance's earnings may fall
Mint Kolkata
|February 25, 2025
On-bank lender IIFL Finance will likely see its annual earnings fall from a year earlier due to reduced net interest margins and higher credit costs, Fitch Ratings said on Monday.
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Earlier this month, IIFL Finance reported an 8% fall in loan assets under management to ₹71,410 crore ($8.24 billion) for the first nine months of the fiscal year that ends in March.
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