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IIFL Home Finance

21 Feb 2022

IIFL Home to get Rs 500 cr loan from ADB for lending to lower-income women

ADB said women often find it difficult to obtain mortgage loans in India. The CFPS loan will support IIFL's green housing portfolio, specifically towards incentivizing developers to adopt green certification standards in building affordable housing. Lack of property ownership contributes to the low social status of women, their vulnerability to poverty, and low bargaining power within households, ADB said further.

28 Apr 2020

ADB approves $1.5 bn loan to India to fight COVID-19 pandemic

ADB is fully committed to supporting the Government of India in its response to this unprecedented challenge, ADB President Masatsugu Asakawa said.

08 Nov 2016

ADB's to provide $48 mn loan to help Assam improve power distribution

Asian Development Bank will provide the second tranche loan of USD 48 million to Assam to help the state expanding and upgrading its power distribution system.

25 Apr 2015

ADB lends $2 bn to India for road construction in 5 states

ADB-supported Rural Roads Sector Investment Programmes (RRS-I and II) built or upgraded more than 22,000 kms of rural roads.

Asian Development Bank

27 Sep 2014

ADB grants Sri Lanka $800 million loan to upgrade rural roads

It will also provide training and support to help national, provincial, and local agencies manage the road network more effectively.

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