What is the rating for IIFL?

What is the rating for IIFL?

The IIFL Finance group is adequately capitalised, with a consolidated networth of around Rs 5,393 crore as on March 31, 2021 (Rs 4,766 crore as on March 31, 2020)….Rating Action.

Total Bank Loan Facilities Rated	Rs.6000 Crore
Long Term Rating	CRISIL AA/Stable (Reaffirmed)

What is BBB Crisil rating?

CRISIL BBB. (Moderate Safety) Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Is Iifl a good company?

IIFL is ranked among the top seven financial conglomerates in India and as the top independent financial services firm in India in terms of market capitalisation. Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter.

Is Iifl Gold Loan Safe?

Introduction to IIFL Gold Loan The gold pledged is safely locked in the bank locker and you do not have to worry about its safety. The gold rates and all other charges are intimated to you upfront in a transparent manner before sanctioning the loan amount.

What is best Crisil rating?

Hence, CRISIL’s ratings are assigned on a domestic currency scale relative to the sovereign rating of the Government of India, which is assumed to have the highest rating of ‘AAA’. A CRISIL credit rating indicates CRISIL’s current opinion on the probability of default on the rated instrument.

Which is better Motilal Oswal or IIFL?

Motilal Oswal is rated 2.4 of 5 based on 121 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 120 customer reviews.

Is IIFL a good company?

Is IIFL loan Safe?

India Infoline Finance LTD is also good in the personal loan. The customer support and response is good and there are no hassles in the process. The rate of interest and processing charges is normal and I had no hassles to get the loan. The after loan process is fine.

What is triple B rating?

Rating agencies grade bonds on a letter scale that indicates credit worthiness and risk. BBB or triple B rating — indicates medium-grade quality bonds, with adequate protection; Below triple B is considered speculative, high-risk securities and the category is referred to as junk bonds.

Is Crisil an Indian company?

CRISIL (formerly Credit Rating Information Services of India Limited) is an Indian analytical company providing ratings, research, and risk and policy advisory services and is a subsidiary of American company S&P Global.