Urgent Opening Managers for Life Insurance (Tele Sales)

at  India Infoline Ltd.(Posted by india infoline ltd.)

IIFL Finance Limited (Erstwhile “IIFL Holdings Limited”) (Bloomberg Code: IIFL IN, NSE: IIFL, BSE: IIFL) is one of the leading players in the Indian financial services space. Prior to the Composite Scheme of Arrangement (effective May 13, 2019), IIFL Finance Limited was engaged in the business of financing, asset and wealth management, retail and institutional broking, financial products distribution and investment banking through its various subsidiaries.

IIFL Finance Limited is a first generation venture which started as a research firm in 1995. IIFL Finance Limited was a pioneer in the retail equity broking industry with its launch of 5paisa trading platform which offered the lowest brokerage in the industry and freedom from traditional ways of transacting. IIFL’s evolution from an entrepreneurial start-up in 1995 to a full range diversified financial services group is a story of steady growth by adapting to the dynamic business environment, without losing focus on its core domain of financial services.

The Board of Directors of IIFL Finance Limited at its meeting held on January 31, 2018, had approved the reorganization of IIFL Group, which resulted into three listed entities – IIFL Finance, IIFL Wealth and IIFL Securities. The part relating to merger of India Infoline Finance Limited with IIFL Finance Limited will become effective in due course post obtaining approval of RBI.

As the core businesses of IIFL group have acquired a critical mass, the Company took the decision to reorganise the corporate structure and create independent entities focused on their niche verticals. This move is aimed at enabling each business to grow faster, attract the right talent and become more innovative and efficient. In addition, the shift from close-knit conglomerate to separate entities will ensure simpler regulatory compliance, enhanced value for stakeholders along with more synergistic benefits.