PROJECT

Projects

Summary of Investment Information

Project Number

50130

Company Name

HDB FINANCIAL SERVICES LIMITED

Date SPI Disclosed

Mar 3, 2026

Country

India

Region

South Asia

Projected Board Date

Nov 7, 2025

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Mar 4, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Nov 7, 2025
Signed : Jan 29, 2026
Invested : Feb 12, 2026

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

The Project comprises of senior debt investment for up to US$200 million in HDB Financial Services Limited (HDB or the Company) for a tenor of up to 5 years, in one or more tranches. The Company will utilize IFC’s investment proceeds for growing its loan book towards micro and small enterprises (MSEs) and self-employed borrowers/microentrepreneurs, including women borrowers. A part of IFC’s investment proceeds will also be utilized by the Company for financing purchase of electric vehicles (EVs) and energy-efficient consumer goods (EECGs).                                                  

Associated Advisory Engagement

                      

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation