The Economic Times

IIFL Home Finance inks pact with Asian Development Bank for a $300 million loan syndication

IIFL Home Finance has secured a significant $300 million loan from the Asian Development Bank. This funding will be used to provide affordable housing loans to low-income families, especially women. The initiative aims to address India's housing shortage and support homeownership aspirations. A portion of the funds will also go towards green-certified affordable homes.