IIFL Finance Gets Nod To Open Branches In Jammu & Kashmir

IIFL Finance has received regulatory approval to open branches in Jammu & Kashmir, the non-banking financial company told exchanges on Saturday. The move aims to boost credit services and promote financial inclusion in the underbanked region.

Founder and MD Nirmal Jain said the approval comes at a crucial time as locals face livelihood disruptions. Tailored credit solutions will help revive small businesses and support households.

The expansion aligns with IIFL’s CSR initiatives across the Union territory, including programmes in Kupwara, Baramulla, and Srinagar focused on education, skill development, healthcare, and community empowerment