EconomySaturday, 7 March 2026·The Hindu / PIB
ADB funds Motilal Oswal Home Finance with USD 100 million for affordable housing
Motilal Oswal Home Finance raised USD 100 million from ADB through an NCD issue in March 2026.
Key highlights
Direct fact
In March 2026, Motilal Oswal Home Finance Limited raised USD 100 million, about ₹840 crore, from the Asian Development Bank (ADB) through a Non-Convertible Debenture (NCD) issuance for affordable housing finance.
Key specifics
- The funding amount is USD 100 million, or approximately ₹840 crore.
- The lender named in the news is the Asian Development Bank (ADB).
- The instrument used was a Non-Convertible Debenture (NCD).
- The loans are intended mainly for women borrowers, including primary borrowers and co-borrowers.
- At least 10% of the funds are earmarked for homes meeting green building standards such as GRIHA, IGBC, and EDGE.
Exam lens
Question type: finance instrument and housing scheme-style fact, ADB, NCD, USD 100 million, March 2026. TNPSC may ask the funding agency, instrument, and the green-building condition attached to the loan.