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With which entity has IIFL HFL signed an agreement to develop a green building ecosystem in India?
A)
World Bank
B)
Asian Development Bank
C)
International Monetary Fund
D)
Organisation for Economic Co-operation and Development

Correct Answer :   Asian Development Bank


IIFL Home Finance (IIFL HFL), one of India’s leading housing finance company, has partnered with the Asian Development Bank (ADB) for Technical Assistance to support and foster the green building ecosystem in the affordable housing sector in India. This is ADBs first such private sector agreement in the country. The cost of the activities to be exercised under this Technical Assistance agreement is approximately $1 million, enabling activities addressing some of the key identified obstacles for building the ecosystem for green certified and affordable housing in India. IIFL HFL will also contribute an additional amount of up to $150,000, for supporting the above mentioned activities and objectives.

Published On : August 13, 2021
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