INSUBCONTINENT EXCLUSIVE:
India Infoline Finance, backed by the UK-based CDC group, has embarked on a mega hiring plan as it aims to grow loans about 25% a year as
Mahindra Bank to head the non-banking unit as its chief executive officer (CEO): The company will also recruit 4,000 people this financial
a recruitment plan.The company, a subsidiary of IIFL group, aims to attain a loan book size of over Rs 50,000 crore in the next three years
including home loans, loan against property (LAP), business loans, credit cards and personal loans for the salaried individuals.He also
donned the role of the CEO of Kotak Mahindra Prime
He spent more than 12 years in the new-generation private sector bank.The company is also on a branch expansion spree at a time when some
said the person cited above.IIFL Finance looks to expand its branch strength to 1800 from about 1200 branches currently to rapidly expand
across smaller cities and towns in India.Four years ago, IIFL group appointed Rajashree Nambiar as its CEO from Standard Chartered Bank
told ET a few days ago.In the past one year, IIFL Holdings shares surged about 17%, outpacing the broader Sensex that rose 14% during the
