ADB Commits USD 108 Million to Aavas Financiers for Affordable Housing, MSMEs

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ADB Commits USD 108 Million to Aavas Financiers for Affordable Housing, MSMEs

Representational image (Image: News18)

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News18•24-02-2026, 15:30

ADB Commits USD 108 Million to Aavas Financiers for Affordable Housing, MSMEs

•Asian Development Bank (ADB) signs a USD 108 million debt financing package with Aavas Financiers.
•Aims to expand affordable housing loans for lower-income households and business loans for MSMEs in underserved Indian states.
•Includes USD 8 million concessional debt from the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA).
•Supports housing loans for self-built, green-certified homes, promoting climate-resilient and energy-efficient solutions.
•At least 70% of ADB debt for lower-income housing (50% to women owners), 30% for MSMEs.

Read Full Article on News18 in English

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