Aditya Birla Cap infuses Rs 300 cr in housing finance arm via rights issue

The mortgage lender recently secured an investment of ₹830 crore through non-convertible debentures from the International Finance Corporation. These funds will be used to offer home loans to low-income and middle-income groups. A part of the loan will be used to fund MSMEs, focusing on women-led enterprises, to foster growth and economic development. The mortgage lender recently secured an investment of ₹830 crore through non-convertible debentures from the International Finance Corporation. These funds will be used to offer home loans to low-income and middle-income groups. A part of the loan will be used to fund MSMEs, focusing on women-led enterprises, to foster growth and economic development.  Economic Times

Leave a Reply

Your email address will not be published. Required fields are marked *