Asian Development Bank (ADB) approves $300 million loan to IIFL Home Finance for women-focused affordable housing.

Exam-focused facts from the 2 March 2026 current affairs briefing.

Key facts

IIFL Home Finance Limited signed a $300 million loan agreement with Asian Development Bank (ADB).
The loan targets women in low-income communities in peri-urban and urban areas and lagging states of India.
Over 25% of the loan proceeds are earmarked for green-certified affordable homes.
The financing package includes $150 million from ADB and $150 million in parallel loans from MUFG, Emirates Bank, Sampath Bank, and Hatton National Bank.
This marks IIFL Home Finance’s first syndicated external commercial borrowing.