Truhome Finance raises 100 million dollar from DBS Bank, SMBC
Warburg Pincus-owned mortgage lender Truhome Finance has raised $100 million in external commercial borrowing from DBS Bank and Sumitomo Mitsui Banking Corporation (SMBC). The lender with about Rs 17000 crore assets under management has borrowed the fund at a coupon which is benchmarked with Secured Overnight Financing Rate (SOFR). The blended cost of it was…