S&P Global upgrades IIFL Finance outlook to ‘Positive’

It also said that the company's portfolio pruning and reduced exposure to microfinance would lower its credit costs. "We believe IIFL's credit costs will peak this fiscal year (ending March 31, 2026).”

Written by FE Bureau

December 17, 2025 01:09 IST

We expect IIFL to maintain very strong levels of capitalization over the next 12 months,” S&P Global Ratings said in its rationale for the revision.

S&P Global Ratings has revised IIFL Finance’s outlook to ‘Positive’ from ‘Stable’ on recovering market share in gold loans, while affirming ‘B+/B’ ratings, the company said in a press release on Tuesday.

What did S&P Global Ratings say?

“The outlook revision reflects IIFL’s strengthening market share in the gold financing business. This is a year after a central bank embargo on the company sanctioning or disbursing fresh gold loans was lifted. We expect IIFL to maintain very strong levels of capitalization over the next 12 months,” it said in its rationale for the revision.

S&P Global Ratings on IIFL Finance’s portfolio

It also said that the company’s portfolio pruning and reduced exposure to microfinance would lower its credit costs. “We believe IIFL’s credit costs will peak this fiscal year (ending March 31, 2026).”

This article was first uploaded on December seventeen, twenty twenty-five, at nine minutes past one in the night.