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    Question

    ADB will provide ________ loan to IIFL Home Finance for

    lending to lower-income women borrowers for affordable green housing.
    A 100 Cr Correct Answer Incorrect Answer
    B 200 Cr Correct Answer Incorrect Answer
    C 300 Cr Correct Answer Incorrect Answer
    D 500 Cr Correct Answer Incorrect Answer
    E 1000 Cr Correct Answer Incorrect Answer

    Solution

    Asian Development Bank will provide USD 68 million (over Rs 500 crore) loan to IIFL Home Finance for lending to lower-income women borrowers for affordable green housing. The loan comprises a direct ADB loan of up to USD 58 million and a USD 10 million concessional loan by the Canadian Climate Fund for the Private Sector in Asia (CFPS).

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