Tag: iifl home finance

Housing FinanceLatest Stories

IIFL Home Finance Names Girish Kousgi as MD & CEO

NEW DELHI: IIFL Home Finance, part of IIFL Finance, has named Girish Kousgi as its managing director and chief executive officer, starting October 30, 2025. Kousgi will oversee all business operations, focusing on home loans, the non-home loan segment, MSME loans, and construction finance. Before joining IIFL Home Finance, he was the MD & CEO of PNB Housing Finance. With almost 30 years of experience, he has held senior roles at Can Fin Homes, Tata Capital Financial Services, IDFC Bank, and ICICI Bank. Published On Oct 30, 2025 at 01:23 PM IST Join a community of over 2M industry professionals!…

Housing FinanceLatest Stories

IIFL Home Finance Secures $100M Loan from AIIB

The Abu Dhabi Investment Authority (ADIA)-backed IIFL Home Finance has secured a $100 million loan from the Asian Infrastructure Investment Bank (AIIB). This funding aims to support economically weaker segments in India and assist builders of low-cost housing. This marks AIIB’s first funding to IIFL Home Finance, as reported by CEO Monu Ratra. “The ECB from AIIB is noteworthy because we can finance developers focused on affordable housing. This will help address the shortage of affordable homes in high-demand areas. Additionally, these funds will be used for retail affordable home loans,” Ratra stated. The loan is structured for a five-year…