Fitch Ratings has revised IIFL Finance’s outlook from Stable to Positive, while affirming the Long-Term Issuer Default Rating (IDR) at ‘B+’. The rating agency has also affirmed the rating on Senior Secured Debt at ‘B+’ with a Recovery Rating of ‘RR4’. Furthermore, the Global Medium-Note programme rating has been affirmed at ‘B+’. The ratings are available on Fitch’s website.
Fitch Revises Outlook to Positive
IIFL Finance has received a positive rating update from Fitch Ratings. The credit rating agency has revised the company’s outlook from Stable to Positive. This reflects Fitch’s improved assessment of IIFL Finance’s financial stability and future prospects. The updated ratings were announced on October 16, 2025.
Key Rating Affirmations
In addition to the outlook revision, Fitch has affirmed several key ratings for IIFL Finance, including:
Long-Term Issuer Default Rating (IDR): ‘B+’
Senior Secured Debt: ‘B+’
Recovery Rating: ‘RR4’
Global Medium-Note programme rating: ‘B+’
These affirmations demonstrate Fitch’s confidence in IIFL Finance’s ability to manage its debt obligations and maintain a stable financial profile. The ratings are based on Fitch’s analysis of IIFL Finance’s business model, financial performance, and risk management practices.
Source: BSE