Motilal Oswal Home Finance receives investment of $10 mn from Development Finance Corporation

9 Apr 2022 , 01:34 AM

Motilal Oswal Financial Services announced that the US International Development Finance Corporation DFC has committed USD 50 Million long term loan For 15 years to material subsidiary of the Company ie Motilal Oswal Home Finance MOHFL via External Commercial Borrowing ECB route out of which MOHFL has now received 1st tranche of USD 10 Million from DFC After extensive due diligence and validating the MOHFLs belief in sustainable development DFC has committed this funding under its 2X Womens Initiative as the funding will be utilized to support women borrowers in owning their first Pucca House advancing gender equity in India