Nirmal Jain

'As business picks up again, we will have to reassess our requirement for funds,' says IIFL Finance's founder and managing director

The system has stood the trial by fire, and confidence has increased: Nirmal Jain of IIFL Finance

There are small loans rated by CARE and the company is immediately repaying those loans so that the CARE rating can be withdrawn, says Jain

China’s reopening caused historic FII stampede, but there’s good news for metals: Nirmal Jain

FIIs have sold equities worth almost $2 billion in the first 13 sessions of the year — probably the worst FII sell-off witnessed in January over the last two decades.

Exclusive | ADIA investment key to penetrating deeper into affordable housing, says IIFL Group’s Nirmal Jain

IIFL Home Finance will use the proceeds to expand in the under-served markets of small-town India

Exclusive | Lower regulatory costs helped NBFCs scale up over the last decade, says IIFL's Nirmal Jain

The reform progress on some of the sectors like agriculture, power, logistics etc. continues to lag the overall reform momentum. This is partly because these reform measures need a broader Centre-State consensus, the Founder of IIFL Group said.

Exclusive| We plan to turn IIFL Finance into a retail-only NBFC, says chairman Nirmal Jain

Jain talks to Moneycontrol about IIFL group’s digital transformation, tapping the international market for funds, taking on rivals in the crowded discount brokerage space and more.

Like a Boss: Nirmal Jain on why managements need to be open minded

Nirmal Jain, founder of IIFL, finds inspiration from the fascinating success stories of Amazon and Flipkart and loves to read George Orwell and Benjamin Graham.

Over a period of time, we would do away with most sales offices and staff: Nirmal Jain of IIFL

The Founder-Chairman of IIFL Group tells Moneycontrol in an  exclusive interview, that, over the next 2-3 quarters, all group businesses will go fully digital. He also spoke about the various plans of the Group’s three listed companies -- IIFL Finance, IIFL Securities and IIFL Wealth.

NDA's 2nd term will resolve NBFCs' liquidity woes: Nirmal Jain

The crisis in the NBFC sector started with a series of defaults by IL&FS, which owes over Rs 99,350 crore to banks, from last September.

IIFL's Nirmal Jain is optimistic on general election outcome, expects second half of 2019 to be good

"I am very optimistic about the outcome of the elections and then I think the second half therefore will be very good because as people see clarity then from macro-fundamentals," Jain said.

Market looks good from 3-5 year perspective: IIFL

India Infoline Founder and Chairman Nirmal Jain said the market looks good from a 3-5 year perspective. His optimism stems for the investor inflows into the markets. In the recent past, markets have seen domestic institutional investors become a deciding factor, he said.

Union Budget 2017-18: Least volatile; disappointed with no change in corp tax

Deepak Parekh, Chairman, HDFC is disappointed that there was nothing on corporate tax, except a proposal to cut corporate tax rate for MSMEs (Micro Small and Medium Enterprises) having revenues less than Rs 50 crore to 25 percent.

Budget 2017: FM may cut corporate tax rate significantly: Nirmal Jain

In an interview to CNBC-TV18‘s Sonia Shenoy & Udayan Mukherjee, Nirmal Jain of IIFL, Raamdeo Agarwal of Motilal Oswal and Neelkanth Mishra of Credit Suisse gave their take on what Arun Jaitely‘s Union Budget may look like and the road ahead.

Market won't react to CBDT holding triple taxation issue: Pro

Nirmal Jain of IIFL says that this rule may be regressive as taxing some certain foreign based India focussed funds will make them completely unviable.

IIFL chief says losses due to currency ban exaggerated

In conversation with CNBC-TV18, Nirmal Jain, Chairman of IIFL, said it is not a great market for short-term traders but if investors have a long-term view then India is doing better.

India is not cheap, but isn't expensive either: Nirmal Jain

India‘s macro fundamentals are very good. Monsoon has progressed very well, GST is moving well and is not likely to face any stumbling block, says Nirmal Jain of IIFL.

Expect significant growth in realty sector: IIFL

IIFL is focusing more on affordable housing, says Nirmal Jain, Chairman of IIFL adding that the company is looking at tier I and II cities for investments.

Mkt may consolidate but underlying current still bullish: IIFL

The market had already run up substantially and so is likely to consolidate, making investors selective. However, the underlying current still remains bullish and money will continue to flow in, said Nirmal Jain of IIFL.

Refrain from putting fresh money into markets: Ambareesh Baliga

The markets have run up quite sharply and a correction is likely, he says. He recommends retail investors should look to invest with a long term perspective or else bottom up stock picking.

New banks won't pose a threat to existing ones: Pros

Rajiv Lall, MD & CEO of IDFC Bank said that about 45 percent of the outstanding credit of banking system is only to 300 corporates. About 60 percent of household savings are not in banks and hence there is a lot of opportunity to reach out to customers.

IIFL Holdings shares at 8.5-year high as UK firm invests in arm

The proposed investment is by way of compulsorily convertible preference shares (CCPS) which on conversion will result in about 15 percent equity stake for CDC in IIFL Finance on a fully diluted basis. The proposed transaction is subject to necessary regulatory approvals.

Platform for bull market laid despite global risks: IIFL

Global markets are in the midst of powerful rally even as an eerie feeling of a danger looming around the corner continues -- what with the Brexit risk and the global economic slowdown.

We are in a bull market; Nifty may touch 9K by Jan 2017: Experts

India is in a bull market despite some dips. Underlying factors, in medium-term, are positive with monsoon playing out well and government initiatives, says Nirmal Jain, Chairman of IIFL.

Shares may not fall much, but rupee, bond seen shaky

Better than expected quarterly corporate earnings, signs of a turnaround in the economy and the positive mood in global markets had lifted equity benchmarks to seven-month highs earlier this month.

Markets may fall 100 points; great talent leaving us: Experts

Mohandas Pai of Manipal Group focussed on the 'malcontents' that have been after Rajan. Pai said Rajan decided to leave because it would have hurt him to see the government did nothing to defend him against the likes of Subramanian Swamy. Others also weigh on Rajan's leaving.