India Infoline Finance Limited (IIFL Finance), India’s leading non-banking financial companies (NBFCs), has rebranded how many of its existing branches as all-women staffed ‘Shakti’ branches to mark Women’s Day (8 March 2025)?​

Correct option is C

The correct answer is (c) Seven

• IIFL Finance rebranded seven existing branches as all-women staffed 'Shakti' branches on 8 March 2025, to mark International Women's Day.

• These branches are located in major cities like the National Capital Region (NCR) and the Mumbai Metropolitan Region (MMR).

• The 'Shakti' branches are part of IIFL Finance's effort to empower women in the financial sector by offering jobs to female professionals and creating a space where women can access financial services and guidance.

Information Booster:

• IIFL Finance's Commitment to Women Empowerment:

• The 'Shakti' branches are an initiative by IIFL Finance to empower women through employment and access to financial services.

• This is in line with the company’s larger goal of promoting gender equality and financial inclusion.

• Women in the Financial Sector:

• These branches are fully staffed by women, offering services tailored for women, including financial products designed to meet the needs of women entrepreneurs and those seeking financial literacy.

• This initiative helps address the gender gap in financial services by providing a supportive environment for women in both the workforce and as clients.

• Financial Inclusion:

• The 'Shakti' branches aim to enhance financial inclusion by making it easier for women, particularly in urban areas, to access financial services like loans, investment advice, and insurance.

• These branches also focus on women’s empowerment by educating them about managing money and building wealth.

• IIFL Finance's History:

• Founded in 1995, IIFL Finance (formerly known as India Infoline Ltd.) has become one of India’s leading non-banking financial companies (NBFCs), offering a diverse range of financial services, including gold loans, home loans, business loans, microfinance, and wealth management.

• IIFL Finance expanded its portfolio over the years, and in 2019, the company rebranded to IIFL Finance Ltd. to reflect its diversified business.

• It has operations in various international markets, including Canada, U.S., U.K., Switzerland, Singapore, and the UAE.

• The company serves over 600 towns and cities and has more than 10,500 employees across its branches.