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    Question

    Abu Dhabi Investment Authority (ADIA) backed IIFL Home

    Finance has raised about ________ from the International Finance Corporation (IFC) for affordable housing and green finance in India.
    A $75 million Correct Answer Incorrect Answer
    B $100 million Correct Answer Incorrect Answer
    C $120 million Correct Answer Incorrect Answer
    D $150 million Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Abu Dhabi Investment Authority (ADIA) backed IIFL Home Finance has raised about $100 million from the International Finance Corporation (IFC) for affordable housing and green finance in India.    It has also earmarked a fund raise of Rs 13,000 to 14,000 crore in FY24, out of which Rs 2,500 crore will be through securitisation.

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