MOHFL Signs USD 100 Million NCD Deal with ADB to Boost Affordable Housing in India
In March 2026, Motilal Oswal Home Finance Limited (MOHFL) signed a USD 100 million debt financing agreement with the Asian Development Bank (ADB) through Non-Convertible Debentures (NCDs) to expand affordable housing finance in India.
Key Details of Deal:
Purpose: The funds will be raised as Indian Rupee (INR)-equivalent debt and will mainly be used to provide affordable housing loans to women borrowers, particularly in underserved Tier-2 and Tier-3 cities and emerging towns.
Green Housing Allocation: Around 10% of the proceeds will be utilised to finance the construction of green-certified residential housing units, promoting environmentally sustainable building practices.
Significance: This strategic partnership will help MoHFL expand affordable housing finance in underserved and emerging towns across India.
In March 2026, Motilal Oswal Home Finance Limited (MOHFL) signed a USD 100 million debt financing agreement with the Asian Development Bank (ADB) through Non-Convertible Debentures (NCDs) to expand affordable housing finance in India.
Key Details of Deal:
Purpose: The funds will be raised as Indian Rupee (INR)-equivalent debt and will mainly be used to provide affordable housing loans to women borrowers, particularly in underserved Tier-2 and Tier-3 cities and emerging towns.
Green Housing Allocation: Around 10% of the proceeds will be utilised to finance the construction of green-certified residential housing units, promoting environmentally sustainable building practices.
Significance: This strategic partnership will help MoHFL expand affordable housing finance in underserved and emerging towns across India.
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