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IIFL Home Finance inks $300 million loan pact with ADB
IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion of the funds will back green-certified, energy-efficient homes, helping address India's substantial housing shortage and extending homeownership to underserved communities nationwide.
IIFL Home Finance Limited raises $300 million from Asian Development Bank to expand affordable housing for women
IIFL Home Finance secures a 300 million dollar loan from Asian Development Bank and partners to boost affordable, green housing finance for low-income women in India amid a major housing deficit.
Watch | IIFL flags higher impact on northern MFIs after Bihar rules
IIFL Capital’s Viral Shah said Bihar’s tighter regulations on microfinance lenders could slow growth and create asset-quality challenges, with northern-focused MFIs and small finance banks likely to see the highest impact as lending norms tighten and recovery timelines extend.
IIFL Asset Management picks up nearly 2% stake in Indo Tech Transformers from promoter
Perhaps, Indo Tech Transformers shares may have reacted to the transaction, freezing at 5 percent upper circuit at Rs 3,081.9, the highest closing level since January 20, 2025, on the National Stock Exchange.