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1 Feb 2024 12:15 PM IST
JSA Advised British Investment on ₹1.2 Billion Loan for Sitara's Affordable Housing
JSA Advised British Investment on ₹1.2 Billion Loan for Sitara's Affordable Housing
Leading Indian law firm JSA advised British International Investment plc., the UK's development finance institution and impact investor, on a ₹1.2 billion financing through non-convertible debentures issued by Sewa Grih Rin Limited (Sitara), an affordable housing finance company.
This debt financing aims to empower Sitara to grant home loans to women in the informal sector, fostering both financial inclusion and women's economic empowerment.
The JSA transaction team consisted of Partners Aashit Shah and Tirthankar Datta, Principal Associate Nakul Sonejee, and Associate Adrika Bisen.
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