Affordable housing finance: IIFL gets $100 million from AIIB; green homes, PMAY goals in focus

IIFL Home Finance has received $100 million from the Asian Infrastructure Investment Bank. The funding aims to expand affordable housing loans. It will support families from economically weaker sections and lower income groups. The company will finance green affordable housing projects. This initiative aligns with India's climate commitments and Pradhan Mantri Awas Yojana Urban.