IIFL Home Fin Aims for Rs 50 Bn Green Book
ECONOMY & POLICY

IIFL Home Fin Aims for Rs 50 Bn Green Book

IIFL Home Finance is setting its sights on achieving a Rs 50 billion "green book" in the near future. The company aims to expand its lending portfolio focused on sustainable and environmentally friendly projects, signalling a strategic shift towards green finance.

This ambitious target reflects IIFL Home Finance's commitment to promoting sustainable development and addressing environmental challenges through its lending activities. By prioritising green initiatives, the company seeks to contribute to India's efforts to reduce carbon emissions and mitigate the impacts of climate change.

The decision to focus on green lending aligns with global trends towards sustainable finance and ESG (Environmental, Social, and Governance) principles. As stakeholders increasingly prioritise environmental sustainability, financial institutions are recognizing the importance of integrating green practices into their operations and investment strategies.

IIFL Home Finance's emphasis on building a substantial green book underscores its confidence in the growing demand for eco-friendly financing solutions. The company aims to leverage its expertise in housing finance to support projects that promote energy efficiency, renewable energy adoption, and environmental conservation.

Through partnerships with developers, government agencies, and other stakeholders, IIFL Home Finance aims to catalyse investments in green infrastructure and contribute to India's transition towards a low-carbon economy. By channelling funds into environmentally responsible projects, the company seeks to create positive social and environmental impacts while generating sustainable returns for investors.

IIFL Home Finance is setting its sights on achieving a Rs 50 billion green book in the near future. The company aims to expand its lending portfolio focused on sustainable and environmentally friendly projects, signalling a strategic shift towards green finance. This ambitious target reflects IIFL Home Finance's commitment to promoting sustainable development and addressing environmental challenges through its lending activities. By prioritising green initiatives, the company seeks to contribute to India's efforts to reduce carbon emissions and mitigate the impacts of climate change. The decision to focus on green lending aligns with global trends towards sustainable finance and ESG (Environmental, Social, and Governance) principles. As stakeholders increasingly prioritise environmental sustainability, financial institutions are recognizing the importance of integrating green practices into their operations and investment strategies. IIFL Home Finance's emphasis on building a substantial green book underscores its confidence in the growing demand for eco-friendly financing solutions. The company aims to leverage its expertise in housing finance to support projects that promote energy efficiency, renewable energy adoption, and environmental conservation. Through partnerships with developers, government agencies, and other stakeholders, IIFL Home Finance aims to catalyse investments in green infrastructure and contribute to India's transition towards a low-carbon economy. By channelling funds into environmentally responsible projects, the company seeks to create positive social and environmental impacts while generating sustainable returns for investors.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code