IIFL expects capital adequacy to grow to 23% post-NCD issue
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IIFL expects capital adequacy to grow to 23% post-NCD issue

| Mumbai, India

The financial services firm, a unit of India Infoline, plans to raise Rs 500 crore through a public issue of un- secured redeemable non-convertible debentures (NCDs), which will open for subscription on September 5 and close on September 18.