IIFL Home Finance Lines Up Bond Street Visit After 3 Years

IIFL Home Finance plans to raise funds from retail investors for the first time in three years as the lender looks to broaden its liability profile, taking a cue from the Reserve Bank of India's move to restrict bank borrowings by non-banking finance companies. The company has filed a draft prospectus for an enabling provision for raising up to Rs 3,000 crore.