.png "IIFL Home Finance Secures USD 300 Million Loan from ADB")
- The package includes USD 150 million from ADB and USD 150 million from partner banks.
- Aim: To expand affordable housing finance for low‑income borrowers, especially women, addressing India’s housing deficit.
- Funds will also support green‑certified sustainable homes, promoting eco‑friendly housing.
- Significance: Marks IIFL’s first ECB (External Commercial Borrowing), strengthening global financial linkages.
- Overall: Enhances financial inclusion, women’s empowerment, and sustainable housing finance in India.
Question:
Q.1 On 27 February 2026, IIFL Home Finance secured a syndicated loan of USD 300 million led by which organization?a) Asian Development Bank (ADB)
b) International Monetary Fund (IMF)
c) World Bank
d) International Finance Corporation (IFC)
Answer: a) The USD 300 million syndicated loan was led by the Asian Development Bank (ADB).
