IIFL Home Finance Ltd. (IIFL HFL) and the Indian Naval Placement Agency (INPA) has signed an MoU, through which the two entities will explore opportunities for the recruitment of naval veterans within IIFL HFL. IIFL HFL aims to hire veterans / Ex-servicemen / dependents who have retired from the Indian Navy / dependents and competent for roles through this MoU. Mr. Monu Ratra, ED & CEO, IIFL HFL s and Vice Admiral Suraj Berry, AVSM, NM, VSM, Controller of Personnel Services, Indian Navy signed the MoU. At the event, IIFL Home Finance Ltd was represented by Mr Monu Ratra, ED & CEO, IIFL HFL, Col Rajesh Shukla, Lead Sales & Business Development (Uniformed Forces) and Ms Rashmi Priya, Head-HR, IIFL HFL while INPA was represented by Cmde Pankaj Sharma, Principal Director ESM Affairs at IHQ MoD (Navy) & Commander Vijay Director ESM Affairs.
Through the MoU, INPA will identify a pool of Ex-Servicemen / dependents candidates for relevant roles as per recruitment standards of IIFL HFL. The company will, in turn, enable these individuals' transition to the corporate sector through in-house assimilation and training programs.
IIFL HFL under the aegis of its Diversity & Inclusion initiative aims to offer ex-servicemen opportunities in line with their qualifications, experience, and attributes acquired during their service period.
Appreciating the efforts of the Indian Naval Placement Agency in helping the veterans find employment opportunities after completing their service to the nation, Mr. Monu Ratra stated that "We want to thank Admiral Suraj Berry AVSM, NM, VSM, Commodore Pankaj Sharma and Commander Vijay for making us a part of this endeavour". Reiterating their commitment towards the country and its talent he added that "We, at IIFL HFL are dedicated to positively impact the communities we are a part of and through this program we hope to boost our existing workforce to provide affordable housing that truly works better for everyone".
"We are honored and proud to partner with the Indian Navy to recruit our veterans who have served the country selflessly and bring with them special skills that can be applied towards creating a healthier world and through this MoU we hope to further our commitment to our armed forces and provide our veterans a platform to continue utilizing their skills and competency." said, Ms. Rashmi Priya, Head-HR, IIFLHFL.
In his concluding remarks Vice Admiral Suraj Berry, AVSM, NM, VSM, said that "The INPA is committed to facilitating Ex-Servicemen, our veterans, find employment opportunities after their service to our Nation and it is our endeavor to work with the corporate sector to identify and develop programs that enables this cause. We look forward to working with IIFL HFL on this initiative".
Shares of IIFL Finance Limited was last trading in BSE at Rs. 315.85 as compared to the previous close of Rs. 313.40. The total number of shares traded during the day was 134703 in over 3540 trades.
The stock hit an intraday high of Rs. 329.05 and intraday low of 312.20. The net turnover during the day was Rs. 43620655.00.