Non-banking finance company IIFL Finance has introduced a ₹180 crore employee stock ownership plan (Esop) for its 4,000 frontline sales employees in the banking and financial services sector. This Esop scheme, one of the largest for junior employees, aims to retain talent and provide wealth creation opportunities. Each employee will receive shares priced at ₹10, with eligibility based on experience and performance ratings. The NBFC sector has seen high attrition rates, but IIFL hopes this initiative will boost retention.