MUMBAI / DUBAI, 25 October, 2018 (GPN) : IIFL Securities Limited, the broking and distribution arm of financial services conglomerate, IIFL Holdings Limited has bagged the ”Best Financial Advisory services for NRIs” award at UAE- India Economic Forum 2018 in recognition of its investment services for NRIs.

Mr. Dharmesh Desai, Head, NRI Business, IIFL received the award at the conference held in Dubai on 24th Oct 2018.

India is one of the fastest growing economies and a lucrative investment destination. IIFL is taking giant strides to support NRIs with their investments to reap the benefits of India’s growth story. IIFL offers diverse investment opportunities including Equity, Mutual Funds, Structured Products, Alternate Investment Funds, Real Estate and Real Estate Funds, Portfolio Management Services, and Life & Health Insurance as per clients’ varied financial goals and risk profiles.

Commenting on the recognition, Mr Dharmesh Desai said, “This appreciation reinforces our commitment to offer superior investment experience and services to NRI customers.”

He further added, “Considering the remittances scenario of more than US $ 13 Billion from UAE to India in FY 17 and In lieu of the tremendous interest of NRIs to invest in various investment product schemes in India, we are looking to fortify our presence in this space and grow our customer base exponentially by establishing our presence in overseas locations.”  

The 4th Edition of UAE- India conference once again proved to be a milestone in creating an unprecedented platform for mutual learning and growth. The Conference was also instrumental in bringing iconic, powerful, and emerging brands and leaders of India and UAE on a common platform to discuss regulations and policies, which strengthens their faith in establishment and governments of the two countries. The event witnessed presence of Government officials & Ministry, Business owners, CEOs, Board members of large corporates and industry leaders.  

About IIFL

IIFL Holdings Ltd (NSE: IIFL, BSE: 532636) is a leading player in the Indian financial services space. IIFL is engaged in the business of loans and mortgages, asset and wealth management, retail and institutional broking, investment banking and realty services through its various subsidiaries.

IIFL Holdings Ltd is headquartered in Mumbai with overseas offices in London, New York, Toronto, Geneva, Hong Kong, Dubai, Singapore and Mauritius. Started as a research firm in 1995, IIFL is a first generation venture. Today, IIFL is a diversified financial services group with a consolidated net-worth of Rs 5,542 Cr as on June 30, 2018, offering a gamut of services to more than 50 lakh customers across various business segments and is continuously building on its strengths to deliver excellent service to its expanding customer base.

IIFL is featured in the prestigious Forbes list of ‘India’s Super 50 Companies’ in 2017, a benchmark to identify Indian companies that exhibit high growth in profitability, sales and shareholder returns. IIFL is also among the ‘Outlook Business Outperformers’ – a prestigious list of eight companies which have beaten the Sensex over a five-year period. IIFL is ranked as the #1 Investment Banker in Equity Issuances for CY2016 and CY2017 YTD (January 2016-December 2017) by PRIME Database. IIFL won ‘The Best Private Banking Services Overall, India’ award at Euromoney Private Banking and Wealth Management Survey, 2017. IIFL was recognized as ‘India’s Most Trusted Financial Service Brand (Non-Bank)’ by the Brand Trust Report India Study, 2016. IIFL Group bagged ‘Best Customer Service in the Financial Sector’ by World Quality Congress – service quality awards in 2015. IIFL received ‘India’s Most Promising Brand’ 2014 award at WCRC Global India Excellence Summit in London, in 2014.

IIFL/ India Infoline refer to IIFL Holdings Ltd and its group companies.