Piramal Finance Secures $350 Million Multilateral Funding from IFC and ADB
Published on: Jan. 14, 2026, 10:48 a.m. | Source: scanx.trade
Piramal Finance Limited has secured $350 million in multilateral financing from IFC ($200 million) and ADB ($150 million), marking its first borrowing from development finance institutions. The five-year facilities will be drawn between January and March 2026 to support affordable housing finance, MSME credit, and lending in tier-2 and tier-3 cities. The company is pursuing an additional $150 million from other development finance institutions, potentially reaching $500 million in total multilateral funding by fiscal year-end.
