TAG: "Reserve Bank of India "

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RBI Raises Priority Sector Lending Limit to INR 35 Crore for Renewable Energy Sector

The RBI has raised lending limits for renewable energy projects under priority sector lending, allowing up to INR 35 crore for RE-based power generators and public utilities, and INR 10 lakh for households, effective April 1, 2025.

Reserve Bank Of India | March 25, 2025 | By Mrinmoy Dey | 370

RE Projects Need Debt Financing at Competitive Rates Rather than Grants: IREDA CMD

IREDA CMD Pradip Kumar Das highlighted the need for competitive debt financing for renewable projects, offering IREDA's support to boost Bhutan’s renewable energy development at the Bhutan-India Renewable Energy Roundtable in Thimphu.

Reserve Bank Of India | October 28, 2024 | By Mrinmoy Dey | 961

RBI Guidelines Propel Growth: 50 CBG Projects Commissioned

As of November 1, 2023, fifty CBG projects, supported by both equity from project proponents and debt support from financial institutions, have been successfully commissioned.

Reserve Bank Of India | December 15, 2023 | By Abha Rustagi | 2385

Largest-Ever Syndicated Term Loan of $ 1,175 Mn Raised by Indian NBFC ‘REC’

In a landmark transaction, power sector major lender REC Ltd (REC) has successfully raised USD 1,175 million from a consortium of seven banks as the Mandated Lead Arrangers and Bookrunners (MLABs).

Reserve Bank Of India | January 14, 2022 | By Manu Tayal | 2710