IBL Finance Ltd achieves over Rs. 100 crore AUM, expands with 36 national NBFCs
Surat (Gujarat) [India], May 5: Surat-based IBL Finance Limited, a leading company known for providing fast and easy loans using technology and data science, has informed the stock exchanges that it has achieved the milestone of over Rs. 100 crore in Assets Under Management (AUM) and is progressing on an expansion path in collaboration with 36 national NBFCs. The fintech-driven NBFC, IBL Finance Ltd (IBLFL), has advanced its aggressive growth strategy by successfully onboarding 36 non-banking financial companies (NBFCs) for onward lending. This milestone is significant for IBLFL, which is on the path to becoming a pan-India retail MSME lender, ensuring financial inclusion through its data-driven approach. Strategic Business Expansion: According to the company management, IBLFL has launched
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