Nirmal Jain

IIFL Finance FY23 Scored PAT at Rs. 1,608 Crore With 35% Y-o-Y Growth

Microfinance grew by 59% while Digital loans and Loan against property grew by 33% and 18% y-o-y respectively. Overall core loan portfolio grew by 29% y-o-y and non-core (primarily Construction & real estate finance) portfolio shrunk by 11% y-o-y.