ISFC wins award for affordable housing finance

29 Jan 2021 CW Team

India Shelter Finance Corporation Limited (ISFC) bagged the “Housing Finance Company Lending for Affordable Housing” award at The Inclusive Finance India Awards. ISFC has worked to enable access to housing loans for low-income families that are left out of the opportunity of affordable finances.

At the Secretariat Presentation Award Ceremony, held in New Delhi, ISFC’s CEO Anil Mehta was felicitated by the Minister of Finance and Corporate Affairs Anurag Thakur. Selection of the “Housing Finance Company Lending for Affordable Housing” award was based on the company’s outreach, asset quality, growth, and commitment to the development of the low-income families by helping them get access to safe and improved home loans.

India Shelter Finance Corporation has been working to help first-generation urban families get access to housing credit since 2010. The company has worked to set up a hassle-free loan management process that serves the middle and lower segment.

Upon receiving the award, Anil Mehta said, "What we do is one of the highest impact economic activity, where we have helped around 70,000 families. We employ about 1,300 people in 13 states and hope to have our presence all over the country in the near future."

The awards are organised by ACCESS Development Services, an NGO, in partnership with HSBC India.

Written from a company news release.

Infrastructure Urban

30 Aug 2025

Delivering metals in 24 hours with AI

India’s metal supply chain has long struggled with delays, fragmentation and lack of transparency, forcing purchase teams to chase vendors and juggle uncertain stock. Enlight Metals is tackling these inefficiencies with an AI-powered aggregation platform, multilingual voice-enabled procurement and strategically located dark stores that enable 24-hour delivery – transforming how OEMs, EPCs and infrastructure players source their metals. In a conversation with CW, Dhananjay Goel, Director, and Vedant Goel, Director, shares how the company is reshaping procurement. What problem..

Silvin's CPVC Additive Gets NSF® Certification for Safety

Silvin Additives, a prominent manufacturer of PVC and CPVC additives, has secured the NSF® Guideline 533 certification for its CPVC Super1Pack formulation. This certification affirms the additive’s compliance with stringent international health and safety standards for products intended for drinking water applications.Awarded by NSF, a globally respected public health and safety authority based in Michigan, United States, the certification is granted only after rigorous product testing and inspection. NSF® Guideline 533 specifically assesses the safety of chemical ingredients used in produ..

Mitsubishi Halts Offshore Wind Projects in Japan

Mitsubishi Corporation (MC) has announced its decision to withdraw from three major offshore wind projects off the coast of Japan due to a significant shift in global business conditions. The projects were being developed through a consortium led by its subsidiary, Mitsubishi Corporation Offshore Wind Ltd., and were located off the shores of Noshiro City, Mitane Town, and Oga City in Akita Prefecture; Yurihonjo City in Akita Prefecture; and Choshi City in Chiba Prefecture.The company stated that following a review initiated in February 2025, it concluded the projects were no longer viable. The..