ADB to provide $68 million loan to IIFL improve women's access to green housing in India
The Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL) signed a $68 million loan to improve financial access to affordable green housing for lower-income women borrowers in India .
Out of $ 68 million ,ADB will provide $58 million while the $10 million concessional loan by the Canadian Climate Fund for the Private Sector in Asia (CFPS). The Canadian loan will be routed through ADB.
Asian Development Bank
It was set up in 1966.
Its headquarters is at Mandaluyong City, Manila, Philippines
Total member countries : 68
President of ADB : Masatsugu Asakawa of Japan
IIFL Holdings Limited is an Indian diversified financial services company headquartered in Mumbai.
IIFL Home Finance Limited is a subsidiary company of IIFL.
Chairman : NirmaL Jain
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