Veytics Intelligence
2026-11-11 · Bloomberg

Billionaire Jain Bets on Blackstone Deal Driving IIFL’s Growth

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Blackstone Inc.’s investment in IIFL Finance Ltd. will enable the Indian shadow lender to sustain 25% to 30% annual lending growth over the next three to four years, besides lowering borrowing costs, its billionaire founder Nirmal Jain said.

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