• What? Piramal Finance raised USD 350 million in multilateral funding
• From Whom? IFC and ADB
• Amount Split: IFC – USD 200 million; ADB – USD 150 million
• Loan Tenor: 5 years
• Target Segments: Affordable housing, Micro, Small and Medium Enterprises (MSMEs), and women borrowers in Tier 2 and Tier 3 cities.

Multilateral Funding Overview:
Funding: The total funding amounts to USD 350 million, comprising USD 200 million from IFC and USD 150 million from ADB under the Sustainable Finance Framework (SFF).
Tenor: The facilities have a five-year maturity and will be drawn in tranches between January 2026 and March 2026.
Pipeline: PFL is in advanced discussions to raise USD 150 million from DFIs, targeting USD 500 million in total multilateral funding by Financial Year 2025-26 (FY26), underscoring strong confidence in its governance, risk management, and technology-led platform.
Deployment: The capital will be used to expand affordable housing finance, scale Micro, Small, and Medium Enterprises (MSME) credit, and increase lending to women borrowers and women-led enterprises across Tier 2, Tier 3, semi-urban, and rural markets.
Diversification: The borrowing strengthens PFL’s long-term funding profile by reducing reliance on domestic markets.
About Piramal Finance Limited (PFL):
PFL is a Reserve Bank of India (RBI)-regulated Non-Banking Financial Company – Investment and Credit Company (NBFC–ICC) and wholly owned subsidiary of Piramal Enterprises, formed after Piramal Capital & Housing Finance Limited acquired Dewan Housing Finance Corporation Limited (DHFL) in September 2021, originally founded on 11 April 1984.
Managing Director( MD) & Chief Executive Officer (CEO) – Jairam Sridharan Headquarters – Mumbai, Maharashtra