ADB commits $108 million to Aavas Financiers for affordable housing loans

Asian Development Bank is providing a significant loan package of up to USD 108 million to Aavas Financiers. This funding aims to boost access to affordable housing for lower-income families and business loans for MSMEs. The initiative will particularly focus on underserved regions across India. A portion of the financing is dedicated to promoting green and climate-resilient housing solutions.

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