IIFL Home Finance raises $50 million loan from US!

IIFL Home Finance raises $50 million loan from US!

IIFL Home Finance raises $50 million loan from US!

International Development Finance Corp (DFC) to grow

its affordable housing finance portfolio with a special focus on sustainable housing.

The fund was raised at a concessional 5.72% rate

Which includes the hedging cost

IIFL Home Finance chief executive Monu Ratra told ET.

Its average cost of funds is 8.4%.

it had raised $68 million from Asian Development Bank.