IIFL Home Finance Limited

IIFL Home Finance Limited, a company incorporated under the Companies Act, 1956 (CIN:U65993MH2006PLC166475) and registered as a Housing Finance Company with the National Housing Bank vide Certificate of Registration (COR) No. 02.0070.09 dated February 3, 2009.

The Company is a wholly owned subsidiary of India Infoline Finance Limited (IIFL) which is a NBFC registered with the Reserve Bank of India (RBI).

IIFL Home Finance Limited. is professionally managed and shares the professional values and ethos of its parent and holding company India Infoline Finance Limited; It has acquired and maintained a reputation for reliability, transparency of operation and absolute integrity. A steady growth rate validates the trust that industry has reposed in the Company.

 

 

 
125+Branches

Across India

 
2000+Employees

Strength

 
8000+Projects

Pre approved Pan India

 

 

 

S. Sridhar

S. Sridhar

Chairman & Independent Director

He is an eminent personality in the banking and finance industry and has held several senior positions in retail, corporate and export/import banking in his career of almost four decades. Mr. Sridhar was a past Chairman & Managing Director of Central Bank of India and National Housing Bank.

Kranti Sinha

Kranti Sinha

Independent Director

He served as the Director and Chief Executive of LIC Housing Finance Limited from August 1998 to December 2002 and concurrently as the Managing Director of LICHFL Care Homes. He retired as the Executive Director of LIC. He is also an independent director on the Board of Cinemax India Limited and Hindustan Motors Limited.

Nirmal Jain

Nirmal Jain

Non Executive Director

He is a MBA from IIM, Ahmedabad, a rank holder Chartered Accountant and a Cost Accountant. He started his career in 1989 with Hindustan Lever Limited (HUL), the Indian arm of Unilever. He founded Probity Research and Services (later re-christened as India Infoline Limited) in 1995; one of the first independent equity research companies in India. Under his leadership, IIFL Group has grown into a dominant and diversified player in the financial services space.

R. Venkataraman

R. Venkataraman

Non Executive Director

He is a non-executive Director of our Company and is one of the original Directors of our Company. He is a B.Tech in electronics and electrical communications engineering from IIT, Kharagpur and holds a Post Graduate Diploma in Management from IIM, Bangalore. He has more than 20 years in the financial services sector. He is the Co-Promoter and an Executive Director of our Promoter. India Infoline Limited. Prior to joining the India Infoline Board in July 1999, he held senior managerial positions in ICICI Limited, ICICI Securities Limited, BZW and Taib Capital Corporation Limited.

Monu Ratra

Monu Ratra

Executive Director & CEO

Mr. Monu Ratra is a veteran in the mortgages industry with nearly two decades of experience. Mr Ratra has been associated with brands like HDFC Ltd., ICICI Bank and Indiabulls Housing. Prior to joining IIFL Home Finance Limited, his last assignment was with Indiabulls HFC as National Business Manager. Mr. Ratra has been a part of the pioneering teams leading various functions to provide excellence through process and quality initiatives, contributing to industry-leading growth. While with the last company, his efforts and vision led to building of a growth sales structure, starting from a scratch, in a start up like environment. At IIFL Home Loans, Mr. Ratra brings strong focus on developing and delivering customer satisfaction with ease and low turn around time. Mr Ratra is passionate about building stronger businesses, adapting and aligning company with new technology and digital era, and maintaining everlasting culture of customer centricity.

Mr. Sumit Bali

Mr. Sumit Bali

Executive Director & CEO, India Infoline Finance Limited

Mr. Sumit Bali is the Chief Executive Officer and an Executive Director of India Infoline Finance Limited. He holds a B.A (Hon) from St. Stephen’s college, New Delhi and has completed his PGDM from IIM Ahmedabad. Prior to his current role, Mr. Bali spent 24 years with Kotak Group. His last position at Kotak Mahindra Bank was of Senior Executive Vice President, overseeing consumer banking retail asset products including home loans, loan against property, credit cards, salaried personnel loans and SME loans. Previously he also held the position of Chief Executive Officer of Kotak Mahindra Prime Ltd.(KMPL) and also was a Director on KMPL’s Board. He began his career with Glaxo India Limited in 1990, and has also worked with Asian Paints (I) Ltd. Mr. Bali is a seasoned banker with an experience of 28 years in the Indian corporate sector.

Ms. Suvalaxmi Chakraborty

Ms. Suvalaxmi Chakraborty

Independent Director, Fortis Healthcare Limited

Ms. Suvalaxmi Chakraborty, B.Com (Hons.), CA, serves as an Advisor at Transwarranty Finance Ltd and Positron Consulting Services, with advisory assignments spanning debt syndication, Mergers & amp; Acquisitions and capital raising for midmarket corporates, among others. She is also Advisor for Fullerton India Credit Company Ltd. Ms. Chakraborty has been an Independent Director of Fortis Healthcare Limited since April 27, 2018. Prior to this, Ms. Chakraborty served as the Chief Executive Officer of India Operations at SBM Holdings Ltd. (previously known as State Bank of Mauritius Limited) from 2010 to 2013. She joined SBM Holdings in 2010. She launched and ran the commercial banking business of Barclays Bank in India from 2007 to 2010. She held several positions at ICICI Ltd and ICICI Bank between 1989 and 2006, including General Manager for Corporate Banking and Head of Rural, Micro-banking and Agri Business. She was Director on the Board of Fixed Income Money Markets and Derivatives Association (FIMMDA) for over 2 years and headed the working committee (New Products) in FIMMDA (representing ICICI). Ms. Chakraborty has 28 years of experience in banking and financial sector with exposure in to a diverse set of businesses, including project and corporate finance, treasury, and integrated multicurrency fund and asset liability management, corporate banking, rural / agricultural, and micro banking. She has been Nominee Director of RGVN (North East) Microfinance Ltd. Since March 11, 2016. Ms. Chakraborty has been an Independent Director of Caspian Advisors Private Limited since March 25, 2015. She served as Director of Sterlite Industries (India) Limited until November 4, 2004. She is Co-Founder and Director of Espandere Advisors Private Ltd, which is a Business Advisory and Transaction Advisory services provider in the Banking & Finance, Agriculture & Rural, Infrastructure and Manufacturing sectors. She serves as an Independent Director for Magma HDI General Insurance Company Ltd, and Caspian Impact Investments Pvt. Ltd. She is a Chartered Accountant. She has featured in the Fortune India List of 50 most powerful women in business.

Mr. A. K. Purwar

Independent Director

Mr. Purwar is currently the Chairman of Tadas Wind Energy Private Limited as well as Eroute Technologies Private Limited. He also works as an independent director in leading Companies across diverse sectors, viz. Power including Solar, Wind, Thermal & Gas based power projects, Steel, Pharmaceuticals, Telefilms, Engineering Consultancy, Financial Services as well as Fintech. He also acts as an Advisor to Mizuho Securities, Japan. Mr. Purwar was the Chairman of State Bank of India the largest Bank in the country from November, 2002 to May, 2006. He held several important and critical positions like Managing Director of State Bank of Patiala, Chief Executive Officer of Tokyo Branch covering almost the entire range of commercial banking operations in his long and illustrious career at the Bank. He was also associated in setting up of SBI Life. Mr. Purwar also worked as Chairman of Indian Bank Association during 2005-2006. He has received CEO of the year Award from The Institute of Technology and Management (2004), "Outstanding Achiever of the year" award from Indian Banks' Association (2004) "Finance Man of the Year" Award by the Bombay Management Association in 2006.

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