Boosting women-led and green affordable housing in India.
IIFL Home Finance Secures $300 Million Funding from Asian Development Bank.
IIFL Home Finance has secured a $300 million syndicated external commercial borrowing (ECB) facility led by the Asian Development Bank (ADB), marking its first such overseas syndicated borrowing. The funding includes $150 million directly from ADB, with the remaining $150 million mobilised through parallel loans from partner banks including MUFG, Emirates Bank, Sampath Bank and Hatton National Bank. ADB acted as the mandated lead arranger and bookrunner for the transaction. The proceeds will be primarily used to provide home loans to women from low-income communities across urban and peri-urban regions, particularly in economically lagging states. Notably, over 25% of the loan amount is earmarked for financing green-certified affordable housing, supporting sustainable and climate-resilient construction. As of December 31, 2025, IIFL Home Finance managed assets worth nearly ₹400 billion and operated through 315 branches across 18 states and two Union Territories. The initiative aligns with India’s goal of reducing the affordable housing gap, especially for economically weaker sections and women homeowners.