Motilal Oswal Home Finance Limited (MOHFL), a subsidiary of Motilal Oswal Financial Services Limited (MOFSL), has entered into an agreement with the Asian Development Bank (ADB) to raise USD 100 million (approximately ₹830 crore) in debt through Non-Convertible Debentures (NCDs). The proceeds from this financing will be utilized to provide affordable housing loans to women borrowers, with 10% earmarked for financing the construction of residential units that meet recognized green building certification standards. This initiative supports environmentally sustainable construction practices. The financing is viewed as a significant milestone for MOHFL, reflecting strong confidence from ADB in MOHFL's business model, governance, and growth prospects. Mr. Sukesh Bhowal, MD & CEO of MOHFL, stated that the funding will deepen the penetration of affordable housing finance in underserved towns and support green construction finance initiatives. Mr. Bhavin Shah, CFO of MOHFL, highlighted that the financing enhances the company's funding base and improves its cost of funds and asset-liability matching. Isabel Chatterton, Director General of ADB's Private Sector Operations Department, noted that the financing will help MOHFL broaden access to affordable housing loans for women, who currently account for only 13% of homeowners, and support the company's entry into the green housing segment. About MOHFL: As of December 2025, MOHFL had Assets Under Management (AUM) of ₹5,379 crore and served over 53,000 active customers across 126 branches in 12 states. For FY25, it reported a Profit After Tax of ₹130 crore with a Return on Asset of 2.8%. The company's Gross NPA was 1.43% as of December 2025.
