Indian lender Annapurna Finance secures $100m syndicated loan

Indian lender Annapurna Finance secures $100m syndicated loan

Photo: Pixabay

Microfinance lender Annapurna Finance Private Limited has secured a $100-million syndicated multi-currency term loan facility, along with a $50-million greenshoe option.

Denominated in US dollars and Japanese yen, the facility marks a significant milestone in strengthening the company’s access to diversified currency pools and expanding its relationships with international lenders, the company said in a statement.

Standard Chartered Bank acted as the sole mandated lead arranger, underwriter, and bookrunner for the transaction.

“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,” said Dibyajyoti Pattanaik, Director, Annapurna Finance Pvt Ltd.

The transaction follows the company’s $109.5-million syndicated loan facility closed last year, also arranged by Standard Chartered Bank.

Annapurna Finance Private Limited (AFPL), established in 2009 in Bhubaneswar, India, is among the top-ten NBFC-MFIs focusing on women’s empowerment and financial inclusion in rural areas. It offers microfinance, MSME, and housing loans, having grown from a regional NGO-based entity to a national player with over 14,000 employees as of mid-2025.

Edited by: Padma Priya

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