IIFL Finance Limited has informed the Exchange regarding a press release dated December 19, 2025, titled "IIFL Finance Limited Designates Former RBI Deputy Governor Mr. B. P. Kanungo as Chairperson of the Board."
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IIFL Finance has announced the appointment of Mr. B. P. Kanungo, a former Deputy Governor of the Reserve Bank of India, as the new Chairperson of its Board. The appointment was communicated via a press release dated December 19, 2025. Mr. Kanungo brings extensive regulatory and central banking experience to the role. The move is seen as a significant strengthening of corporate governance at the NBFC.
Likely positive for the stock, as bringing a former RBI Deputy Governor as Chairperson signals strong regulatory familiarity and may boost investor confidence in governance standards at the NBFC.