Aditya Birla Capital’s wholly owned subsidiary -- Aditya Birla Housing Finance (ABHFL) has raised Rs 830 crore in funding through Non-Convertible Debentures (NCDs) from the International Finance Corporation (IFC).
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 financial inclusion, uplift underserved communities in the affordable housing and MSME sectors.
Aditya Birla Capital is one of the largest financial services players in India.
