Mumbai, Jan. 29 -- Aditya Birla Housing Finance Limited ("ABHFL"), a wholly owned subsidiary of Aditya Birla Capital, India's leading, diversified financial services company, announced that it has secured an investment of Rs 830 Crore through Non-Convertible Debentures (NCDs), from the International Finance Corporation (IFC).
According to ABHFL, the funds raised through IFC's investment will be utilised to address critical gaps by providing housing loans to low-income and middle-income groups (LIG and MIG), with a particular focus on encouraging homeownership among women.
A portion will also be allocated to supporting MSMEs, especially women-led enterprises, to drive growth and economic progress. This investment aims to enhance financia...
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