The News Cartel VapiThe News Cartel Vapi
    What's Hot

    Bhavika Maheshwari of Surat raises Indian Flag Across the Asia with Cultural Impact

    March 28, 2026

    New wave of Lab Grown Diamond Jewelry led by Ivana Jewels

    March 28, 2026

    XLRI Jamshedpur announces admissions to 47th batch of Postgraduate Certificate in Business Management

    March 28, 2026
    The News Cartel VapiThe News Cartel Vapi
    • Home
    • News
      • Business
      • Education
      • Entertainment
      • Health
      • National
      • Lifestyle
      • Technology
      • World
    The News Cartel VapiThe News Cartel Vapi
    Home»Business»Annapurna Finance Raises USD 100 Million through Syndicated Multi-Currency Social Loan Facility
    Business

    Annapurna Finance Raises USD 100 Million through Syndicated Multi-Currency Social Loan Facility

    Shruti JoshiBy Shruti JoshiFebruary 26, 2026No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bhubaneswar (Odisha) [India], February 26: Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annapurna Finance’s access to new currencies and international lenders, the facility structured as a social loan underscores the organisation’s continued commitment to inclusive and responsible finance. Standard Chartered Bank acted as the Sole Mandated Lead Arranger, Underwriter, and Bookrunner, successfully leading the transaction with deep expertise and execution capability.

    Commenting on the transaction, Mr Dibyajyoti Pattanaik, Director Annapurna Finacne Private Limited said, “This transaction is more than fundraising—it’s a defining milestone for our institution. In a challenging global and liquidity environment, its size and timing reflect strong confidence in Annapurna’s model and governance. Diversified, long-term global capital strengthens our balance sheet and reinforces our commitment to sustainable financial inclusion, women empowerment and climate resilience in India.”

    This transaction builds on the company’s USD 109.5 million syndicated loan facility concluded last year, also led by Standard Chartered Bank, and reflects sustained market confidence in Annapurna Finance’s business model, governance framework, and execution strength.

    Annapurna Finance Private Limited (AFPL) is one of India’s leading non-banking financial companies and ranks as the fourth-largest NBFC–MFI in the country, anchored in a strong customer-centric and responsible lending framework, Annapurna combines a wide on-ground distribution network with technology-enabled processes to enhance access, efficiency, and transparency. The institution remains committed to advancing sustainable financial inclusion by expanding formal credit access, strengthening household resilience, and supporting micro-entrepreneurship across its operational footprint.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice.

    Business
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleThe Man Who Taught Machines to Love
    Next Article Infomerics Upgrade Fredun Pharmaceuticals Credit Rating to BBB Plus; Boosts Financial Profile
    Shruti Joshi
    • Website

    Related Posts

    New wave of Lab Grown Diamond Jewelry led by Ivana Jewels

    March 28, 2026

    Electrent Energy Enters Commercial Power Backup Market; Launches High-Capacity Lithium Technology Based Inverters to Replace Diesel Generators

    March 28, 2026

    GIFT City: India’s Operational Gateway to Global Capital Scales New Heights

    March 28, 2026
    Add A Comment

    Comments are closed.

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    [fluentform id="4"]
    Advertisement
    © 2026 The News Cartel.
    • Home

    Type above and press Enter to search. Press Esc to cancel.