Corporate Governance Policy

Corporate Governance Policy

The Company ensures good governance through the implementation of effective policies and procedures, which is mandated and regularly reviewed by the Board or the committees of the members of the Board.

The Company functions under the able direction of the Board of directors and through the procedures and policies mandated by the Board.

 

IIFL Finance Limited (“the Company”) follows the highest standards of governance and disclosure. The Company firmly believes that adherence to business ethics and sincere commitment to corporate governance will help the Company achieve its vision of being the most respected Company in the financial services space in India. Since inception, the promoters have demonstrated exemplary track record of governance and utmost integrity. The Company is in compliance with the requirements of Companies Act 2013, (“the Act”) SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations/Listing Regulations”) and Corporate Governance and Disclosure norms for NBFCs issued by Reserve Bank of India vide chapter XI of Non Banking Financial Company – systemically important Non Deposit taking Company Directions 2016 (“RBI Master Direction”). With the implementation of stringent employee code of conduct policy and adoption of a Whistle Blower Policy, the Company has moved ahead in its pursuit of excellence in corporate governance.

Our Board has Independent Directors, highly respected for their professional integrity as well as rich financial and banking experience and expertise.

The Company is committed to conducting its business in accordance with applicable laws, rules and regulations and the highest standards of business ethics and ethical conduct. Corporate Governance is about maximizing shareholders’ value on a sustainable basis and ensuring fairness to all other stakeholder of the Company.

The Company ensures good governance through the implementation of effective policies and procedures, which is mandated and regularly reviewed by the Board or the committees of the members of the Board.

The Guidelines shall be published on the website of the Company.