{"id":62449,"date":"2026-11-10T18:01:42","date_gmt":"2026-11-10T18:01:42","guid":{"rendered":"https:\/\/waqtdiawaz.com\/index.php\/2026\/11\/10\/blackstone-to-buy-about-16-stake-in-indias-iifl-finance-for-535-million\/"},"modified":"2026-11-10T18:01:42","modified_gmt":"2026-11-10T18:01:42","slug":"blackstone-to-buy-about-16-stake-in-indias-iifl-finance-for-535-million","status":"publish","type":"post","link":"https:\/\/waqtdiawaz.com\/index.php\/2026\/11\/10\/blackstone-to-buy-about-16-stake-in-indias-iifl-finance-for-535-million\/","title":{"rendered":"Blackstone to buy about 16% stake in India&#8217;s IIFL Finance for $535 million"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"picture verticle\"><picture><!--[if IE 9]><video style=\"display: none;\"><![endif]--><source media=\"(min-width: 1600px)\" sizes=\"960px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/d5ftxw\/article71687313.ece\/alternates\/LANDSCAPE_1200\/2024-11-03T233658Z_797497000_RC28TY9HJ2NT_RTRMADP_3_RETAIL-OPP-INVTS-M-A-BLACKSTONE-DE.JPG\"\/><source media=\"(min-width: 768px) and (max-width: 1599px)\" sizes=\"640px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/d5ftxw\/article71687313.ece\/alternates\/LANDSCAPE_1200\/2024-11-03T233658Z_797497000_RC28TY9HJ2NT_RTRMADP_3_RETAIL-OPP-INVTS-M-A-BLACKSTONE-DE.JPG\"\/><source media=\"(min-width: 321px) and (max-width: 767px)\" sizes=\"400px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/d5ftxw\/article71687313.ece\/alternates\/LANDSCAPE_660\/2024-11-03T233658Z_797497000_RC28TY9HJ2NT_RTRMADP_3_RETAIL-OPP-INVTS-M-A-BLACKSTONE-DE.JPG\"\/><source media=\"(max-width: 320px)\" sizes=\"320px\" srcset=\"https:\/\/th-i.thgim.com\/public\/incoming\/d5ftxw\/article71687313.ece\/alternates\/LANDSCAPE_320\/2024-11-03T233658Z_797497000_RC28TY9HJ2NT_RTRMADP_3_RETAIL-OPP-INVTS-M-A-BLACKSTONE-DE.JPG\"\/><!--[if IE 9]><\/video><![endif]--><img decoding=\"async\" src=\"https:\/\/www.thehindu.com\/theme\/images\/th-online\/1x1_spacer.png\" alt=\"The investment will \u2060raise IIFL Finance\u2019s capital adequacy ratio to \u200cabout 30% from 17%, Blackstone said.\" title=\"The investment will \u2060raise IIFL Finance\u2019s capital adequacy ratio to \u200cabout 30% from 17%, Blackstone said.\" data-original=\"https:\/\/www.thehindu.com\/theme\/images\/th-online\/1x1_spacer.png\" class=\"lead-img\" fetchpriority=\"high\"\/><\/picture><\/div>\n<p class=\"caption\">\n                    The investment will \u2060raise IIFL Finance\u2019s capital adequacy ratio to \u200cabout 30% from 17%, Blackstone said.<br \/>\n                                          | Photo Credit: Reuters\n                                      <\/p>\n<\/div>\n<div id=\"content-body-71687312\">\n<div class=\"schemaDiv\" id=\"schemaDiv\">\n<p>Blackstone will \u200binvest 50 billion Indian \u200crupees ($535 million) for an \u200bapproximately 16% \u2060stake in India\u2019s IIFL Finance, as part of \u200ca 64.14 billion rupee capital raise, \u200cthe non-banking \u200cfinancial \u2060company said on \u2060Tuesday (November 10, 2026).<\/p>\n<p>The issue will also include a 12.64 billion \u200brupee \u200cinvestment by existing investors Nirmal Jain and R. Venkataraman, while Anchorage Capital \u200cwill invest \u200banother \u20b91.5 billion.<\/p>\n<p>The investment will \u2060raise IIFL Finance\u2019s capital adequacy ratio to \u200cabout 30% from 17%, the company said.<\/p>\n<p>The additional capital will support growth in its \u200csecured lending businesses, particularly \u200bgold finance, and could help improve its \u2060credit ratings and lower \u2060borrowing costs over time.<\/p>\n<\/div>\n<div class=\"update-publish-time article-published-time-end\">\n<p class=\"publish-time-new\"> Published <span>&#8211; November 10, 2026 11:03 pm IST<\/span><\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.thehindu.com\/business\/Industry\/blackstone-to-buy-about-16-stake-in-indias-iifl-finance-for-535-million\/article71687312.ece\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The investment will \u2060raise IIFL Finance\u2019s capital adequacy ratio to \u200cabout 30% from 17%, Blackstone said. | Photo Credit: Reuters Blackstone will \u200binvest 50 billion Indian \u200crupees ($535 million) for an \u200bapproximately 16% \u2060stake in India\u2019s IIFL Finance, as part of \u200ca 64.14 billion rupee capital raise, \u200cthe non-banking \u200cfinancial \u2060company said on \u2060Tuesday (November [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-62449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts\/62449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/comments?post=62449"}],"version-history":[{"count":0,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts\/62449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/media\/62450"}],"wp:attachment":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/media?parent=62449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/categories?post=62449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/tags?post=62449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}