CRISIL Removes IIFL Finance from 'Rating Watch with Developing Implications', Reaffirms Long Term Rating with 'Stable' Outlook

Mumbai (Maharashtra) [India], October 2: IIFL Finance, which is one of India's largest non-banking financial companies, today said that leading rating agency CRISIL has removed IIFL Finance from 'Rating Watch with Developing Implications' and has reaffirmed the rating at 'CRISIL AA/CRISIL AA-/CRISIL PPMLD AA' while assigning a 'Stable' outlook. The short-term rating has been reaffirmed at 'CRISIL A1+'.