Moody’s downgrades IIFL Finance to B2 from B1, outlook stable

Mumbai: Moody’s Investors Service on Monday downgraded IIFL Finance’s corporate family rating (CFR) and senior secured debt rating to B2 from B1, and senior secured medium-term note (MTN) program rating to (P) B2 from (P) B1, and said the outlook has been changed to stable from rating under review. The …

Read moreMoody’s downgrades IIFL Finance to B2 from B1, outlook stable